NOT LISTED FOR SALE

508 Lomax St Monroe, NC 28110

Estimated Value: $186,000 - $252,000

3 Beds
2 Baths
1,281 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $185,000 $144 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,226/month

24 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Bungalow
  • Rocky River Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2024

So much potential! Single family home with attached additional living quarters. Rare find near Monroe Crossings. Needs some TLC, but has been consistently rented until November 2023. All appliances in home convey. Small gas heater on smaller side. Thank you for the interest! We are asking for all offers to be in by Sunday, February 11 at noon.

Last Agent to Sell the Property

Susie Verrill

NextHome Paramount Brokerage Email: susie.verrill@cbcarolinas.com License #183294 Listed on: 01/18/2024

Last Buyer's Agent

Susan Chambers

NextHome Paramount License #192933

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Level Lot
  • Property is zoned AQ5

Home Design

  • Bungalow
  • Metal Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,281 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • 1 Attached Carport Space
  • 3 Open Parking Spaces

Outdoor Features

  • Front Porch

Schools

  • Rocky River Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 09-264-011-B

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1948
  • Second Living Quarters: Exterior Connected,Main Level,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities
  • Road Surface Type: Concrete, Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 106.26
  • Geocode Confidence: High
  • Attribution Contact: susie.verrill@cbcarolinas.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Other
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1281
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1281
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 1281
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Asbestos, Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Monroe
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 09-264-011-B
  • Zoning: AQ5
  • Additional Parcels Description: E P/21, P/22, P/23, P24 BLK LOMAX STREET
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AQ5

MLS Schools

  • Elementary School: Rocky River
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 21, 2024
Sold by
Howell Monica Carol and Howell James
Bought by
Rocha Miguel and Rocha Maria
Seller's Agent
Susie Verrill
NextHome Paramount
Buyer's Agent
Susan Chambers
NextHome Paramount
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%
Views
67
Current Estimated Value
$209,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,025
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Kent George Kenneth
Bought by
Howell Monica Carol
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rocha Miguel $185,000 None Listed On Document
Howell Monica Carol $54,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $185,000 +2.8% $144 / Sq Ft
02/07/2024 02/07/24 For Sale $180,000 -2.7% $141 / Sq Ft
02/06/2024 02/06/24 Off Market $185,000 -- --
01/18/2024 01/18/24 For Sale $180,000 -- $141 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,600 $183,000 $0 $0
2024 $1,755 $160,900 $14,000 $146,900
2023 $1,755 $160,900 $14,000 $146,900
2022 $1,255 $160,900 $14,000 $146,900
2021 $1,755 $160,900 $14,000 $146,900
2020 $1,261 $93,640 $16,040 $77,600
2019 $1,261 $93,640 $16,040 $77,600
2018 $577 $93,640 $16,040 $77,600
2017 $1,280 $93,600 $16,000 $77,600
2016 $1,266 $93,640 $16,040 $77,600
2015 $727 $93,640 $16,040 $77,600
2014 $1,337 $109,560 $19,760 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4097274

Canopy MLS (Canopy Realtor® Association)

APN: 09-264-011-B