508 Deese St Monroe, NC 28112
Monroe AreaEstimated payment $1,837/month
Highlights
- No HOA
- 1-Story Property
- Central Heating and Cooling System
- Laundry Room
- Four Sided Brick Exterior Elevation
About This Home
Nearly an ACRE of Opportunity in Monroe’s Brookstone Village!
This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy.
The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms — ideal for multi-tenant use, extended living arrangements, or future reconfiguration.
Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point.
Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.
Listing Agent
Rentercasa Buyercasa LLC Brokerage Email: cburke@rentercasa.com License #275356 Listed on: 06/11/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 34,412 Sq Ft Lot
- Property is zoned AQ5
Parking
- Driveway
Home Design
- Four Sided Brick Exterior Elevation
Interior Spaces
- 1-Story Property
- Finished Basement
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Brookstone Village Subdivision
Listing and Financial Details
- Assessor Parcel Number 09-194-076
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,077 | $352,000 | $58,900 | $293,100 |
| 2024 | $2,766 | $253,600 | $16,600 | $237,000 |
| 2023 | $2,189 | $200,700 | $16,600 | $184,100 |
| 2022 | $2,189 | $200,700 | $16,600 | $184,100 |
| 2021 | $2,189 | $200,700 | $16,600 | $184,100 |
| 2020 | $1,459 | $108,310 | $18,210 | $90,100 |
| 2019 | $1,459 | $108,310 | $18,210 | $90,100 |
| 2018 | $667 | $108,310 | $18,210 | $90,100 |
| 2017 | $1,481 | $108,300 | $18,200 | $90,100 |
| 2016 | $1,465 | $108,310 | $18,210 | $90,100 |
| 2015 | $841 | $108,310 | $18,210 | $90,100 |
| 2014 | $1,314 | $107,220 | $23,930 | $83,290 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2026 09/09/26 | Pending | -- | -- | -- | |
| 09/01/2026 09/01/26 | For Sale | $280,000 | 0.0% | $92 / Sq Ft | |
| 08/25/2026 08/25/26 | Pending | -- | -- | -- | |
| 08/11/2026 08/11/26 | Price Changed | $280,000 | -3.1% | $92 / Sq Ft | |
| 08/04/2026 08/04/26 | Price Changed | $289,000 | -3.6% | $95 / Sq Ft | |
| 06/11/2026 06/11/26 | For Sale | $299,900 | -11.8% | $98 / Sq Ft | |
| 08/25/2022 08/25/22 | Sold | $340,000 | +6.3% | $144 / Sq Ft | View Prior Sale |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/27/2022 06/27/22 | Price Changed | $320,000 | -3.6% | $135 / Sq Ft | |
| 06/14/2022 06/14/22 | Price Changed | $332,000 | -2.4% | $140 / Sq Ft | |
| 06/03/2022 06/03/22 | For Sale | $339,995 | 0.0% | $144 / Sq Ft | |
| 05/20/2022 05/20/22 | Off Market | $340,000 | -- | -- | |
| 05/19/2022 05/19/22 | Pending | -- | -- | -- | |
| 05/06/2022 05/06/22 | Price Changed | $339,995 | -2.9% | $144 / Sq Ft | |
| 04/01/2022 04/01/22 | For Sale | $350,000 | -- | $148 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | None Listed On Document | |
| Warranty Deed | $155,000 | Harbor City Title | |
| Warranty Deed | $205,000 | Harbor City Title | |
| Warranty Deed | $40,000 | None Available | |
| Warranty Deed | $88,000 | None Available | |
| Warranty Deed | $81,000 | None Available | |
| Warranty Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $2,500 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,000 | New Conventional | |
| Previous Owner | $30,000 | Seller Take Back | |
| Previous Owner | $10,000 | Seller Take Back | |
| Previous Owner | $6,000 | Credit Line Revolving |
Source: Canopy MLS
MLS Number: 4392767
APN: 09-194-076
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Ask me questions while you tour the home.