NOT LISTED FOR SALE

510 E Franklin St Monroe, NC 28112

Estimated Value: $385,000 - $429,834

0.25 Acre
$1,629,668 Price per Acre
10,890 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $38,000

Est. 972% increase in value since last sale

Current estimated payment $2,423/month

189 Days on Market

Highlights

  • No HOA
  • Privacy Fence
  • Paved or Partially Paved Lot

About This Lot

As of January 2021

This home is located at 510 E Franklin St, Monroe, NC 28112 since 17 March 2020 and is currently estimated at $407,417. 510 E Franklin St is a home located in Union County with nearby schools including East Elementary School, Monroe Middle School, and Monroe High School.

Last Agent to Sell the Property

Deana Stroupe

MC Schroder Company Inc Brokerage Email: deana.firefly@yahoo.com License #213716 Listed on: 03/17/2020

Last Buyer's Agent

Mark Volak

Fathom Realty NC LLC License #274335

Fathom Realty NC LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,156

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence
  • Paved or Partially Paved Lot
  • Possible uses of the property include Commercial
  • Property is zoned Ot

Home Design

  • Slab Foundation

Schools

  • East Elementary School
  • Monroe Middle School
  • Monroe High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09231064A

Property Details

Property Type

Land

Est. Annual Taxes

$3,156

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: deana.firefly@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Possible Use: Commercial
  • Room Count: 0

Exterior Features

  • Fencing: Privacy
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Paved
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 09231064A
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Ot

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: East
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Buller River Development Partners
Bought by
Ski Mtn Rental Llc
Current Estimated Value
$407,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,850
Outstanding Balance
$228,475
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,942

Purchase Details

Listed on
Mar 17, 2020
Closed on
Dec 23, 2020
Sold by
Schroeder Terry M and Schroeder Paulette E
Bought by
Buller River Development Partners Lp
Seller's Agent
Deana Stroupe
MC Schroder Company Inc
Buyer's Agent
Mark Volak
Fathom Realty NC LLC
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.26%
Original Mortgage
$192,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ski Mtn Rental Llc $329,900 Boston National Ttl Agcy Llc
Buller River Development Partners Lp $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ski Mtn Rental Llc $248,850
Previous Owner Buller River Development Partners Lp $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $38,000 -15.4% --
09/22/2020 09/22/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $44,900 0.0% --
06/04/2020 06/04/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $44,900 -13.5% --
03/17/2020 03/17/20 For Sale $51,900 -- --
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
2024 $3,156 $289,400 $12,300 $277,100
2023 $3,156 $289,400 $12,300 $277,100
2022 $3,156 $289,400 $12,300 $277,100
2021 $245 $22,500 $22,500 $0
2020 $83 $13,500 $13,500 $0
2019 $182 $13,500 $13,500 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3603828

Canopy MLS (Canopy Realtor® Association)

APN: 09-231-064-A