303 Lancaster Ave, Monroe, NC, 28112

$181,000

Home List Price

$2,149*

Closing Credit

6 Bedrooms
2 Full Baths
3,303 SqFt
$55/SqFt
House
Schools Nearby

Location

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303 Lancaster Ave, Monroe$181,000

Buyer Closing Credits

$2,149*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached Garage
Year Built1939
HeatingNone
MLS #4136450
StatusActive

About 303 Lancaster Ave

**Offer has been accepted, 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 - Loned 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 without a variance issued by City of Monroe. Contact Planning Department at 704-282-4550 for more info. This home is Administrator's sale and subject to a 10 day upset bid period ending 5/23, upset bid price must be $200,500 or more to upset. 5% earnest money deposit required on all offers, no due diligence necessary . Sold As-Is, Where-Is. No repairs will be made or negotiated.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Living Area: 3,303 SqFt

Listing Office:

  • Office Name: My Townhome

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Detached Garage

Utilities

Utilities Information:

  • Heating: None

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

Other

Directions Information:

  • Directions: From downtown Monroe, start by heading southeast on E Franklin St toward N Hayne St. Then, make a left onto N Charlotte Ave, which will transition into S Charlotte Ave. Afterward, turn right onto W Sunset Dr, followed by a left onto Lancaster Ave. Simply continue straight on Lancaster Ave, and you'll find 303 Lancaster Ave on your left. If you're coming from Highway 74, take the exit toward Rocky River Rd and merge onto Rocky River Rd. From there, turn left onto Secrest Shortcut Rd, which will lead you onto Concord Ave. Afterward, make a right onto W Sunset Dr, followed by a right onto Lancaster Ave. Continue along Lancaster Ave, and you'll spot 303 Lancaster Ave on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $181,000
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $1,156
  • 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

303 Lancaster Ave vs Monroe

10 DAYS ON ROCKET

-22 Days

$181,000

-$202.8K Less

$55/SqFt

-$147 Less

KEY TAKEAWAY

This property is $202.8K less than the Median Sold Price and $147/SqFt less than other homes in Monroe, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4136450

Listing Office:

  • Office Name: My Townhome

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: 5/20/2024, 11:21:33 AM 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$1,156$85,810
2019$1,155$85,800
2018$1,173$85,800
2017$1,161$85,800

History based on county public records data.

Payment Calculator

$971

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$609

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-4221263
2
/10

  • Walter Bickett Elementary School

  • 830 South Ml King Blvd

  • 1.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4221264
2
/10

  • Monroe Middle School

  • 601 E Sunset Dr

  • 0.75 miles

  • Public District Grades 6-8

High School

school-card-donut-4221265
3
/10

  • Monroe High School

  • 1 High School Dr

  • 1.48 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. Most Monroe, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 303 Lancaster Ave

What is the listing price of this property?

The listing price of 303 Lancaster Ave property is $181,000.

What type of property is this?

The property 303 Lancaster Ave is a house located in Monroe, North Carolina, 28112.

Is this property for sale now?

Active Listing: 303 Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 303 Lancaster Ave 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 $1,156 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 303 Lancaster Ave has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 303 Lancaster Ave is 3,303 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 303 Lancaster Ave is 1939.

Rocket Homes›North Carolina›Union County›Monroe›28112›303 Lancaster Ave

This home is located at 303 Lancaster Ave in Monroe, NC and zip code 28112 in the Historic District neighborhood. This 3,303 square foot home was built in 1939. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $181,000.

In April 2024 more than 29 listings in Monroe, NC were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 39 were sold below. In April 2024 in Monroe, NC there were 6.3% more homes for sale than in March 2024. Listings spent 32 days on the market in April 2024, and had a median list price of $383,820 during the same period.

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

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