Closed
$240,000
305 Lancaster Ave, Monroe, NC 28112
6beds
3,303sqft
Single Family Residence
Built in 1939
0.17 Acres Lot
$708,600 Zestimate®
$73/sqft
$2,722 Estimated rent
Home value
$708,600
$673,000 - $744,000
$2,722/mo
Zestimate® history
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What's special
**Upset bid has been received, see below.** Amazing opportunity for reviving an Classic home located in the Historic overlay of Monroe. Just seconds to all the new hot spots in Monroe. This home was built as a duplex and features two living rooms with fireplaces. The home needs renovation or restoration services. The home is sold in current condition.
Per Monroe City Planning - Zoned RMD (Residential Medium Density) - the home also falls within Monroe Historic district overlay - May have to conform to single family usage even though it is a duplex by design. Home may have lost its ability to be a duplex. Contact Planning Department at 704-282-4550 for more info. Possible shared driveway agreement.
This home is Administrator's sale and subject to a 10 day upset bid period ending 6/20, upset bid price must be $252,000 or more to upset. 5% earnest money deposit required to clerk of court, no due diligence necessary . Sold As-Is, Where-Is. No repairs will be made or negotiated.
Zillow last checked: 8 hours ago
Listing updated: July 16, 2024 at 01:04pm
Listing Provided by:
Kyle Frey kyle@mytownhome.com,
My Townhome
Bought with:
Caesar Escobar
Equity South Charlotte Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4136450
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Upper
Primary bedroom
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Other
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Heating
- None
Appliances
- Included: None
- Laundry: None
Features
- Has basement: No
Interior area
- Total structure area: 3,303
- Total interior livable area: 3,303 sqft
- Finished area above ground: 3,303
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.17 Acres
Details
- Parcel number: 09235105
- Zoning: AQ5
- Special conditions: Estate
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Monroe
- Subdivision: Historic District
Other
Other facts
- Listing terms: Cash,Construction Perm Loan,Conventional,FHA 203(K),Nonconforming Loan,VA Loan
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $240,000+32.6%$73/sqft |
Source: | ||
| 5/9/2024 | Listed for sale | $181,000$55/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,071 +50.5% | $236,900 +87.7% |
| 2024 | $1,376 | $126,200 |
| 2023 | $1,376 | $126,200 |
Find assessor info on the county website
Neighborhood: 28112
Nearby schools
GreatSchools rating
- 4/10Walter Bickett Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 1/10Monroe Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Monroe High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$708,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$708,600
