NOT LISTED FOR SALE

709 Summit St Monroe, NC 28112

Estimated Value: $68,000 - $77,000

1 Bed
1 Bath
445 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $34,000 $76 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $431/month

29 Days on Market

About This Home

As of March 2021

Calling all investors! 1 bed/1 bath bungalow with tenant in place who wants to stay. Great price!

Last Agent to Sell the Property

Tonya Benton

Choice One Realty Experts LLC License #232690 Listed on: 01/04/2021

Last Buyer's Agent

Matt Lowe

DW Realty Team Inc License #208931

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 3,920

Home Design

  • Bungalow
  • Slab Foundation

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 09-234-071

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 0.85213
  • Ratio Close Price By Original Li: 0.85213
  • Ratio Current Price By Acre: 350515.46
  • Ratio Current Price By Sq Ft: 76.40
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Equipment: Refrigerator
  • Laundry Location: Porch
  • Room Count: 1
  • Main Level Sq Ft: 445
  • Total Sq Ft: 445

Exterior Features

  • Construction: Concrete Block
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: On-Street Parking

Utilities

  • Heating: No A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.097
  • Parcel Number: 09-234-071
  • Zoning Specification: AQ5

Tax Info

  • Tax Value: 14700.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 10, 2021
Sold by
Butler William Scott and Butler Wendy J
Bought by
Hudson Derrek Lee
Seller's Agent
Tonya Benton
Choice One Realty Experts LLC
Buyer's Agent
Matt Lowe
DW Realty Team Inc
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%
Current Estimated Value
$75,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,672
Avg. Annual Appreciation
23.77%
Original Mortgage
$27,200
Outstanding Balance
$24,670
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$62,980

Purchase Details

Closed on
Apr 20, 2018
Sold by
Talmadge Andrew V and Talmadge Kathleen
Bought by
Butler William Scott

Purchase Details

Closed on
Aug 7, 1996
Sold by
Talmadge Sr Andrew V and Wife Kathleen
Bought by
Talmadge Andrew and Wife Kathlee
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
Hudson Derrek Lee -- None Available
Butler William Scott $17,000 None Available
Talmadge Andrew $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Derrek Lee $27,200
Previous Owner Whose William S Butler $16,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $34,000 -14.8% $76 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $39,900 -- $90 / 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
2024 $231 $21,200 $13,500 $7,700
2023 $231 $21,200 $13,500 $7,700
2022 $231 $21,200 $13,500 $7,700
2021 $231 $21,200 $13,500 $7,700
2020 $91 $14,720 $11,520 $3,200
2019 $198 $14,720 $11,520 $3,200
2018 $91 $14,720 $11,520 $3,200
2017 $201 $14,700 $11,500 $3,200
2016 $199 $14,720 $11,520 $3,200
2015 $114 $14,720 $11,520 $3,200
2014 $248 $20,310 $14,380 $5,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3696442

Canopy MLS (Canopy Realtor® Association)

APN: 09-234-071