705 Lancaster Ave, Monroe, NC, 28112

$345,000

Home List Price

$4,097*

Closing Credit

4 Bedrooms
2 Full Baths
1,674 SqFt
$206/SqFt
House

Location

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705 Lancaster Ave, Monroe$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport
Year Built1912
HeatingNatural Gas
CoolingCentral Air
MLS #4157724
StatusActive

About 705 Lancaster Ave

Welcome to this stunning home located in the historic district of Monroe, Union County, North Carolina. This property has been extensively renovated, boasting a 90% gut and upgrade from the crawlspace to the roof. The newly designed open floor plan showcases a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar with under-cabinet lighting. Enjoy the convenience of a washer and dryer hookup. The master and hall bathrooms are elegantly designed with tile and built-in shelf space. An additional bedroom offers flexibility and can be used as an office. The sitting room adjacent to the master bedroom is perfect for a study or exercise room. The home features new wood laminate and carpet flooring throughout. Upgrades include all-new electrical, plumbing, and HVAC systems. Buyer’s agent to verify schools and square footage. Don’t miss the chance to own this exceptional home in the charming historic district of Monroe!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Contemporary
  • Year Built: 1912
  • Living Area: 1,674 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: val.bowser@cbrealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Self Cleaning Oven
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Detached Carport

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $582
  • 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

$395K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

74

705 Lancaster Ave vs Monroe

140 DAYS ON ROCKET

+102 Days

$345,000

-$50K Less

$206/SqFt

+$5 More

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $5/SqFt more than other homes in Monroe, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4157724

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: val.bowser@cbrealty.com

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: 11/21/2024, 3:21:48 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$582$86,380
2019$1,163$86,400
2018$1,181$86,400
2017$1,169$86,400

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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.

Nearby Schools

school-card-donut-336831
5
/10

  • Benton Heights Elementary School

  • 1200 Concord Ave

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-336832
5
/10

  • East Elementary School

  • 515 Elizabeth Ave

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-336833
2
/10

  • Walter Bickett Elementary School

  • 830 M L King Jr Blvd S

  • 1.49 miles

  • Public District Grades KG-5

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 majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Lancaster Ave

What is the listing price of this property?

The listing price of 705 Lancaster Ave property is $345,000.

What type of property is this?

The property 705 Lancaster Ave is a house located in Monroe, North Carolina, 28112.

Is this property for sale now?

Active Listing: 705 Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $582 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Lancaster Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 Lancaster Ave is 1,674 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Lancaster Ave is 1912.

Rocket Homes›North Carolina›Union County›Monroe›28112›705 Lancaster Ave

This home is located at 705 Lancaster Ave in Monroe, NC and zip code 28112. This 1,674 square foot home was built in 1912. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $345,000.

In October 2024, from all listings sold in Monroe, NC there were more than 13 sold above asking price, over 46 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Monroe, NC decreased by 5.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $395,000.

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

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