NOT LISTED FOR SALE

701 Lancaster Ave Monroe, NC 28112

Estimated Value: $479,608 - $534,000

5 Beds
5 Baths
3,375 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $490,000 $145 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,962/month

121 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Workshop
  • Wooded Lot
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of November 2024

OWN A PIECE EOF HISTORY! One of a kind - Arch openings- Elegant GRT room/fireplace - Formal DR - Chef's Kitchen -granite tops-Wolfe Range - Sub Zero - Warming drawer - convection wall oven- Custom Cabinetry - Den w/ custom bookshelves - Hardwood floors and Custom lighting throughout - Stunning Crown Moldings - Primary on main with en suite - 4 Oversized bedrooms up w/ large closets - One has custom built ins and is being used as an office. High Ceilings - newer double deck over looks the EXTRA Lrg rear yard and gardens. This home features a full work out room on lower level complete with equipment - Truly a Gardeners Delight w/potters shed. Fenced rear yard. Basement entrance interior and exterior. New LVP will be installed in Fitness room prior to closing

Last Agent to Sell the Property

Donna Richards

Howard Hanna Allen Tate Southland Homes + Realty LLC Brokerage Email: donna.richards@allentate.com License #230423 Listed on: 06/19/2024

Last Buyer's Agent

Pat Brooks

DASH Carolina License #199400

DASH Carolina

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned AQ5

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Tile Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Built-In Self-Cleaning Convection Oven
  • Gas Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-235-168

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1937
  • Restrictions: Architectural Review,Historical
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 145.19
  • Geocode Confidence: High
  • Attribution Contact: donna.richards@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Entrance Foyer, Kitchen Island, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1723
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1324
  • Appliances: Convection Oven, Dishwasher, Freezer, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven, Warming Drawer, Washer/Dryer
  • Above Grade Finished Sq Ft: 3047
  • Has Basement: Basement Shop, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 328
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Living Area: 3375
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Tile
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Partial, Privacy
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Room
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level, Private, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 09-235-168
  • Zoning: AQ5
  • Plat Reference Section Pages: 813
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AQ5

MLS Schools

  • Elementary School: Benton Heights
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Nov 18, 2024
Sold by
Olive Constance S
Bought by
Brooks Benjamin and Brooks Hannah
Seller's Agent
Donna Richards
Howard Hanna Allen Tate Southland Homes + Realty LLC
Buyer's Agent
Pat Brooks
DASH Carolina
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Views
109
Current Estimated Value
$503,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,652
Avg. Annual Appreciation
2.38%
Original Mortgage
$392,000
Outstanding Balance
$387,467
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$116,185

Purchase Details

Closed on
May 31, 2013
Sold by
Eudy James and Blauvelt Marie F
Bought by
Olive Howard K and Olive Constance S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Ogden Claudia D and Hodges Dorothy D
Bought by
Eudy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
5.89%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Ogden Claudia D and Hodges Dorothy D
Bought by
Hamby Robert S and Helms Bobby G
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
Brooks Benjamin $490,000 Master Title
Brooks Benjamin $490,000 Master Title
Olive Howard K $207,500 None Available
Eudy James $139,500 --
Hamby Robert S $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Benjamin $392,000
Closed Brooks Benjamin $392,000
Previous Owner Olive Howard K $166,000
Previous Owner Eudy James $132,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $490,000 -3.0% $145 / Sq Ft
10/07/2024 10/07/24 Price Changed $505,000 -1.9% $150 / Sq Ft
06/19/2024 06/19/24 For Sale $515,000 -- $153 / 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 $3,473 $397,300 $0 $0
2024 $2,641 $242,200 $15,300 $226,900
2023 $2,641 $242,200 $15,300 $226,900
2022 $2,641 $242,200 $15,300 $226,900
2021 $2,595 $238,000 $15,300 $222,700
2020 $1,957 $145,340 $17,140 $128,200
2019 $1,957 $145,340 $17,140 $128,200
2018 $895 $145,340 $17,140 $128,200
2017 $2,020 $147,700 $17,100 $130,600
2016 $1,998 $147,740 $17,140 $130,600
2015 $1,147 $147,740 $17,140 $130,600
2014 $2,047 $170,150 $20,760 $149,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4146754

Canopy MLS (Canopy Realtor® Association)

APN: 09-235-168