NOT LISTED FOR SALE

700 W Franklin St Monroe, NC 28112

Estimated Value: $491,000 - $581,000

5 Beds
2 Baths
2,980 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $500,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,236/month

77 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Screened Porch
  • Wooded Lot
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of June 2023

Union County- Monroe- Downtown Historic District-
Bring your clients to this impeccably restored two story brick house- surrounded by an expansive lot and featuring an attached lower level 3 car garage and detached 1 car garage/workshop. Interiors offer 9' bead board ceilings gleaming hardwood floors, 4 fireplaces, superbly crafted state of the art kitchen, side screened porch, rear terrace. Main level Den can be a bedroom, 4 bedrooms and a dressing room up. Front and rear driveways.
Located just 4 blocks from downtown shopping, theater, museums and restaurants and proximate to access the Monroe Expressway

Last Agent to Sell the Property

James Kerr

J Kerr and Co LLC Brokerage Email: jkerrandcorealestate@gmail.com License #162467 Listed on: 03/08/2023

Last Buyer's Agent

Luke Kaesmeyer

Keller Williams South Park License #309581

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 106x207
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Den with Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Basement

  • Crawl Space
  • Basement Storage

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Benton Heights Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • City Of Monroe Association, Phone Number (704) 282-5797
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-232-229

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.51 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1930
  • Restrictions: Other - See Remarks
  • Restrictions Description: Historic District Overlay
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 167.79
  • Geocode Confidence: Medium
  • Attribution Contact: jkerrandcorealestate@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1400
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1580
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 2980
  • Has Basement: Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Den
  • Living Area: 2980
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Front Porch, Screened

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage Faces Rear

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Upper Level, Washer Hookup
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Utilities: Cable Connected, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association Name: City of Monroe
  • Phone: 704-282-5797
  • Association Email: kmendler@monroenc.org

Schools

  • Middle Or Junior School: Monroe
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-232-229
  • Development Status: Completed
  • Lot Size: 106x207
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Benton Heights
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 30, 2023
Sold by
Walter Ann Griffin
Bought by
Dehart Angie and Rose Brian
Seller's Agent
James Kerr
J Kerr and Co LLC
Buyer's Agent
Luke Kaesmeyer
Keller Williams South Park
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
144
Current Estimated Value
$537,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,996
Avg. Annual Appreciation
2.62%
Original Mortgage
$450,000
Outstanding Balance
$436,422
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$100,634

Purchase Details

Closed on
Apr 19, 2022
Sold by
Austin Jill H and Walters Ann Griffin
Bought by
Walters Ann Griffin

Purchase Details

Closed on
Feb 27, 2018
Sold by
Patrick Jacqueline
Bought by
Walters Ann and Austin Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
Fannie Mae
Bought by
Patrick Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Berger Ursula Hicks and Berger Reese
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mcsheehan Phyllis A and Lingerfelt David Macon
Bought by
Berger Reese and Berger Ursula Hicks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Dehart Angie $500,000 None Listed On Document
Walters Ann Griffin -- None Listed On Document
Walters Ann Griffin -- None Listed On Document
Walters Ann Griffin -- Faulic Hinson
Walters Ann $210,000 Master Title
Patrick Jacqueline -- None Available
Federal National Mortgage Association $164,396 None Available
Berger Reese $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dehart Angie $450,000
Previous Owner Walters Ann $199,500
Previous Owner Patrick Jacqueline $113,050
Previous Owner Berger Reese $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold $500,000 -9.1% $168 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $549,900 -8.0% $185 / Sq Ft
04/04/2023 04/04/23 Price Changed $597,950 +0.5% $201 / Sq Ft
03/08/2023 03/08/23 For Sale $595,000 -- $200 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,330 $495,300 $0 $0
2024 $3,013 $276,300 $26,100 $250,200
2023 $2,997 $274,800 $26,100 $248,700
2022 $2,997 $274,800 $26,100 $248,700
2021 $2,997 $274,800 $26,100 $248,700
2020 $2,585 $191,860 $19,060 $172,800
2019 $2,585 $191,860 $19,060 $172,800
2018 $1,183 $191,860 $19,060 $172,800
2017 $2,624 $191,900 $19,100 $172,800
2016 $2,596 $191,860 $19,060 $172,800
2015 $1,490 $191,860 $19,060 $172,800
2014 $2,916 $240,890 $23,040 $217,850
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4006721

Canopy MLS (Canopy Realtor® Association)

APN: 09-232-229

Your Personal Tour Guide

Ask me questions while you tour the home.