NOT LISTED FOR SALE

5114 Monroe Rd Charlotte, NC 28205

Oakhurst Neighborhood

Estimated Value: $773,843

0.68 Acre
$1,138,004 Price per Acre
29,620 Sq Ft Lot

Sale Details

Date Sold: September 26, 2022

Last sale price $675,000 $313 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,946 / mo

38 Days on Market

Highlights

  • 0.68 Acre Lot
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of September 2022

Great Investment Opportunity - 0.68 Acres on Monroe Road (zoned O2) with active hair salon business and residential apartment (1 bedroom / 1 bath) on 2nd floor with private entrance! Great Location for Retail, Medical / Dental Office or Multi-family - see attached survey. For info on the building see MLS 3863091.

Last Agent to Sell the Property

Vernon Jackson

Keller Williams South Park Brokerage Email: Vernon@VernonJackson3.com License #157339 Listed on: 05/20/2022

Keller Williams South Park

Co-Listed By

Paul Jamison

Keller Williams South Park Brokerage Email: Vernon@VernonJackson3.com License #217382

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • 29,620 Sq Ft Lot
  • Lot Dimensions are 79 x 361 x 80 x 366
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Commercial, Multi-Family
  • Property is zoned O2

Basement

  • Interior Basement Entry
  • Crawl Space

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 161-108-36

Property Details

Property Type

Land

Lot Details

0.68 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Habitable Residence Yn: Yes
  • Restrictions: No Representation
  • Restrictions Description: zoning
  • Road Frontage Type: City Street
  • ResoPropertyType: Land
  • Attribution Contact: Vernon@VernonJackson3.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Commercial, Multi-Family
  • Has Basement: Interior Entry
  • Basement YN: Yes

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 79
  • Waterfront Features: None
  • Exclusions: Hair Salon Equipment
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 161-108-36
  • Zoning: O2
  • Lot Size Acres: 0.68
  • Lot Size: 79 x 361 x 80 x 366
  • Lot Size Sq Ft: 29620
  • ResoLotSizeUnits: Acres
  • Zoning Specification: O2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 26, 2022
Sold by
Bought by
Seller's Agent
Vernon Jackson
Keller Williams South Park
Buyer's Agent
Non Member
Canopy Administration
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Views
1
Current Estimated Value
$773,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,843
Avg. Annual Appreciation
3.76%
Original Mortgage
$275,000
Outstanding Balance
$208,988
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$564,855

Purchase Details

Closed on
Feb 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$675,000 --
$225,000 --
Source: Public Records

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 Borrower Loan Amount
Open $275,000
Previous Owner $185,000
Source: Public Records

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
09/26/2022 09/26/22 Sold $675,000 -2.9% $313 / Sq Ft
05/20/2022 05/20/22 For Sale $695,000 -- $322 / Sq Ft
Source: Canopy MLS

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 -- $906,400 $729,800 $176,600
2024 -- $906,400 $729,800 $176,600
2023 $4,282 $906,400 $729,800 $176,600
2022 $4,282 $443,700 $335,600 $108,100
2021 $4,282 $443,700 $335,600 $108,100
2020 $4,282 $443,700 $335,600 $108,100
2019 $4,282 $443,700 $335,600 $108,100
2018 $5,455 $415,800 $289,600 $126,200
2017 $5,382 $415,800 $289,600 $126,200
2016 $5,382 $415,800 $289,600 $126,200
2015 $5,382 $415,800 $289,600 $126,200
2014 $5,341 $415,800 $289,600 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Vernon Jackson

    Seller's Agent in 2022

    Vernon Jackson

    Keller Williams South Park

    (704) 458-3430

    1 in this area

    81 Total Sales

    Vernon Jackson
    Section Image
  • Paul Jamison

    Seller Co-Listing Agent in 2022

    Paul Jamison

    Keller Williams South Park

    (704) 819-0010

    2 in this area

    176 Total Sales

    Paul Jamison
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS

MLS Number: 3863380

Canopy MLS

APN: 161-108-36

North Carolina Mecklenburg County Charlotte 28205 Oakhurst

5114 Monroe Rd, Charlotte, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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