908 E Franklin St Monroe, NC 28112
Estimated Value: $269,000 - $317,438
4
Beds
2
Baths
2,382
Sq Ft
$121/Sq Ft
Est. Value
About This Home
As of March 2022Need a home with an attached apartment? You can live upstairs and then rent out the downstairs apartment to offset the costs of your mortgage. Both units have there own entrance. There is a three bedroom/one bath home upstairs and a one bedroom/one bath home downstairs with a separate entrance at the rear of the home. This home has two separate electric meters per the City of Monroe and has been used as a duplex for several years. It is the perfect investment! It has a large storage area in the basement and a laundry room that connects to the upstairs unit by stairs or can also be accessed from the rear of the home. It also has a fenced yard in the front and the back so you have a safe place for your pets. A few cosmetic updates and this home could be perfect. Both units are currently tenant occupied. Please do not disturb. This property is also listed in MLS as a duplex.
Last Agent to Sell the Property
Sassy Chicks Real Estate Group LLC License #194834 Listed on: 02/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,429
Year Built
- Built in 1950
Lot Details
- 10,542
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Heat Pump System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 09195120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Mar 30, 2022
Sold by
Thompson Jr Robert E and Thompson Tiffany
Bought by
Palacios Guillermo C
Seller's Agent
Fairy Boyce
Sassy Chicks Real Estate Group LLC
Buyer's Agent
Michelle Orr
United Real Estate-Queen City
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,110
Avg. Annual Appreciation
1.42%
Original Mortgage
$206,250
Outstanding Balance
$195,663
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$92,077
Purchase Details
Closed on
Feb 19, 2016
Sold by
Helms David E and Helms Susan Patrus
Bought by
Thompson Robert Eugene and Thompson Tiffany Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,825
Interest Rate
3.97%
Mortgage Type
VA
Similar Homes in Monroe, NC
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palacios Guillermo C | $275,000 | Fisher Lewis R | |
| Thompson Robert Eugene | $116,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palacios Guillermo C | $206,250 | |
| Previous Owner | Thompson Robert Eugene | $109,497 | |
| Previous Owner | Thompson Robert Eugene | $117,825 | |
| Previous Owner | Helms David E | $56,000 | |
| Previous Owner | Helms David E | $48,710 | |
| Previous Owner | Helms David E | $62,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $275,000 | -1.8% | $115 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $280,000 | -- | $118 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,429 | $131,000 | $12,200 | $118,800 |
| 2023 | $1,429 | $131,000 | $12,200 | $118,800 |
| 2022 | $1,429 | $131,000 | $12,200 | $118,800 |
| 2021 | $1,429 | $131,000 | $12,200 | $118,800 |
| 2020 | $908 | $67,400 | $14,600 | $52,800 |
| 2019 | $908 | $67,400 | $14,600 | $52,800 |
| 2018 | $415 | $67,400 | $14,600 | $52,800 |
| 2017 | $922 | $67,400 | $14,600 | $52,800 |
| 2016 | $912 | $67,400 | $14,600 | $52,800 |
| 2015 | $523 | $67,400 | $14,600 | $52,800 |
| 2014 | $883 | $72,380 | $19,820 | $52,560 |
Source: Public Records
Agents Affiliated with this Home
-
Fairy Boyce
Seller's Agent in 2022
Fairy Boyce
Sassy Chicks Real Estate Group LLC
(704) 254-5211
80 Total Sales
-
Katie Pressley
K
Seller Co-Listing Agent in 2022
Katie Pressley
NorthGroup Real Estate LLC
(704) 219-1329
62 Total Sales
-
Michelle Orr
Buyer's Agent in 2022
Michelle Orr
United Real Estate-Queen City
(704) 622-6176
54 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3827971
APN: 09-195-120
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