505 S Washington St, Monroe, NC, 28112

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
1 Full Bath
1,810 SqFt
$152/SqFt
House
Schools Nearby

Location

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505 S Washington St, Monroe$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1901
HeatingNatural Gas
CoolingCentral Air
FireplaceFamily Room, Kitchen, Primary Bedroom, Wood Burning
MLS #4134709
StatusSale Pending
(Pending)

About 505 S Washington St

Character, history, location, and potential. This Queen Anne Victorian house has it all in an up and coming neighborhood. Only 3 families in 123 years have owned this home - Dr. Houston, for whom Houston Street is named, The Fairleys, and then the Nemers (current owners for 43 yrs) (Original deed says built in 1892, whereas tax records state 1901). 40 year old Azalea bushes in front yard put on a show every spring along with abundant flowers all over large lot. Beautiful downtown Monroe is easy to walk to, with a park nearby, shopping, restaurants, coffee shops, and breweries. Impressive and original pine floors throughout common areas. Large foyer. Ceiling fans, beadboard ceilings, clawfoot bathtub, 4 fireplaces, and 12 ft ceilings. This home needs a lot of TLC, so be ready to use your imagination to turn it into a true showplace. Attic area could be finished for 504 more square feet. Needs a new roof, floor repair in at least one bedroom, exterior needs extensive repairs.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 1,810 SqFt

Listing Office:

  • Office Name: RE/MAX Executive

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Gas Oven
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Wood
  • Fireplace: Family Room, Kitchen, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

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: $152/SqFt

Tax Information:

  • Annual Amount: $1,439
  • 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

$383.8K

Med. Price/SqFt

$202

Avg. Days On Market

32

# of Sold Homes

94

505 S Washington St vs Monroe

21 DAYS ON ROCKET

-11 Days

$275,000

-$108.8K Less

$152/SqFt

-$50 Less

KEY TAKEAWAY

This property is $108.8K less than the Median Sold Price and $50/SqFt less than other homes in Monroe, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4134709

Listing Office:

  • Office Name: RE/MAX Executive

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: 5/21/2024, 9:21:32 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$1,439$106,750
2019$1,438$106,800
2018$1,460$106,800
2017$1,445$106,800

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-5621241
2
/10

  • Walter Bickett Elementary School

  • 830 South Ml King Blvd

  • 1.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5621242
2
/10

  • Monroe Middle School

  • 601 E Sunset Dr

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-5621243
3
/10

  • Monroe High School

  • 1 High School Dr

  • 1.51 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 $47,600. Typical income of Monroe, NC residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 S Washington St

What is the listing price of this property?

The listing price of 505 S Washington St property is $275,000.

What type of property is this?

The property 505 S Washington St is a house located in Monroe, North Carolina, 28112.

Is this property for sale now?

Sale Pending: 505 S Washington St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 505 S Washington St are:
Walter Bickett Elementary School: GreatSchools Rating 2/10
Monroe Middle School: GreatSchools Rating 2/10
Monroe High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,439 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 S Washington St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 S Washington St is 1,810 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Washington St is 1901.

Rocket Homes›North Carolina›Union County›Monroe›28112›505 S Washington St

This home is located at 505 S Washington St in Monroe, NC and zip code 28112 in the Historic District neighborhood. This 1,810 square foot home was built in 1901. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $275,000.

In April 2024, from all listings sold in Monroe, NC there were more than 29 sold above asking price, over 39 sold below and more than 26 were sold right at the asked price. Between March 2024 and April 2024, Monroe, NC real estate market has seen increase in the number of listings by 6.3%. In April 2024 median list price was $383,820 and the average listing age was 32 days.

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

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