1200 Memory Ln, Monroe, NC, 28112

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
2 Full Baths
2,043 SqFt
$135/SqFt
House
Schools Nearby

Location

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1200 Memory Ln, Monroe$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1962
HeatingOther
CoolingOther
WaterfrontOther
FireplaceFamily Room, Gas, Wood Burning, Other - See Remarks
MLS #4097669
StatusAccepting Backup Offers
(Active Under Contract)

About 1200 Memory Ln

Spacious full brick ranch style home just STEPS form local charm of Downtown Monroe. Less than one mile from Treehouse Vineyards, Historic Dowd Theater, neighborhood pond, and various local shops and restaurants. Home is on a Corner lot with almost 1/2 acre of cleared land. Welcome to this well built vintage Ranch style home just minutes from downtown Monroe. Beautiful curb appeal on the outside and with a bit of TLC, the inside can exude as much charm. Home has original hardwoods throughout plus 3 spacious living areas including family room w/ wood burning fireplace. Natural light floods entire home especially sunroom w/ cozy gas fireplace. Originally built in 1962, property is in need of some repairs including flooring in kitchen & bathrooms. Perfect for flipping your first house or for adding to your investment portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Living Area: 2,043 SqFt

Listing Office:

  • Office Name: Keller Williams Ballantyne Area

Interior Features

Interior Information:

  • Appliances: Electric Oven
  • Basement: No
  • Flooring Type: Tile, Vinyl, Wood
  • Interior: Entrance Foyer
  • Fireplace: Family Room, Gas, Wood Burning, Other - See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Monroe High School, Public District Grades 9-12
  • Monroe Middle School, Public District Grades 6-8
  • Walter Bickett Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $1,393
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monroe, NC.

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Monroe, NC

City

Med. Sold Price

$380K

Med. Price/SqFt

$201

Avg. Days On Market

32

# of Sold Homes

77

1200 Memory Ln vs Monroe

108 DAYS ON ROCKET

+76 Days

$275,000

-$105K Less

$135/SqFt

-$66 Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price and $66/SqFt less than other homes in Monroe, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4097669

Listing Office:

  • Office Name: Keller Williams Ballantyne Area

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,393$103,360
2019$1,393$103,400
2018$1,414$103,400
2017$1,049$103,400

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1315318
5
/10

  • Walter Bickett Elementary School

  • 830 South Ml King Blvd

  • 1.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1315319
5
/10

  • Monroe Middle School

  • 601 E Sunset Dr

  • 1.08 miles

  • Public District Grades 6-8

High School

school-card-donut-1315320
2
/10

  • Monroe High School

  • 1 High School Dr

  • 1.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,021. Residents of Monroe, NC typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1200 Memory Ln

What is the listing price of this property?

The listing price of 1200 Memory Ln property is $275,000.

What type of property is this?

The property 1200 Memory Ln is a house located in Monroe, North Carolina, 28112.

Is this property for sale now?

Accepting Backup Offers: 1200 Memory Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1200 Memory Ln are:
Walter Bickett Elementary School: GreatSchools Rating 5/10
Monroe Middle School: GreatSchools Rating 5/10
Monroe High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,393 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1200 Memory Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1200 Memory Ln is 2,043 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1200 Memory Ln is 1962.

Rocket Homes›North Carolina›Union County›Monroe›28112›1200 Memory Ln

This home is located at 1200 Memory Ln in Monroe, NC and zip code 28112. This 2,043 square foot home was built in 1962. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $275,000.

While more than 15 listings in Monroe, NC in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 39 were sold below. The number of homes for sale in Monroe, NC increased by 6% between February 2024 and March 2024. In March 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $380,000.

From Rocket Homes Real Estate and based on county public records data.

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