$450,000
UNDER CONTRACT

2005 Old Charlotte Hwy Monroe, NC 28110

Estimated payment $2,769/month

Total Views 11,223
2.22 Acres
$202,703 Price per Acre
96,703 Sq Ft Lot

Highlights

  • Shed
  • Partially Fenced Property
  • Level Lot
  • Rocky River Elementary School Rated A-

About This Lot

Located on a major traffic route in/out of Monroe, this 2.223 acre plot was recently re-zoned to NB (Neighborhood Business). Formerly zoned RMD, the 2-Bd, 1.5-Ba home is still inhabited, (built in 1945). To remain habitable for the long term, the home will need repairs and upgrades and is being sold AS-IS. ALLOWED uses under NB zoning now include: General Retail Sales, Day Care Center, Adult Care, Professional Office, Medical/Dental Office, Restaurant, Religious Institution, Personal & Financial Services, etc. ALSO ALLOWED with Special Use Permit: Mini-Warehouse/Self Storage, Animal Hospital/Veterinarian, Hotel/Motel, Convenience Store, Car Wash, Minor Vehicle Service, Tattoo Parlor, Indoor Recreation, Bar/Tavern/Nightclub. See Comments under Restrictions & Use. Seller is not aware of any impact of a railway easement and makes no representation of such. Buyer/Agent should investigate the impact of any easements and zoning requirements for their intended use of property.

Listing Agent

Terry Dixon

Keller Williams Select Brokerage Email: aterrydixon@kw.com License #329401

Keller Williams Select

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,084

Year Built

  • 1945

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Possible uses of the property include Commercial
  • Property is zoned NB

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-304-008

Property Details

Property Type

Land

Est. Annual Taxes

$3,084

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Commercial
  • Habitable Residence Yn: Yes
  • Restrictions: Other - See Remarks
  • Restrictions Description: NB (Neighborhood Business) Zoning ALLOWS: Day Care Center, General Retail, Professional Office, Medical/Dental Office, Personal & Financial Services, Adult Care, Restaurant, Religious Institutions, Regional Utility, Wireless Communication Support Structure ALSO ALLOWED (w/ Special Use Permit): Mini-Warehouse/Self Storage, Animal Hospital/ Veterinarian, Hotel/Motel, Convenience Store, Car Wash, Minor Vehicle Service, Tattoo Establishment, Indoor Recreation, Bar/Tavern/Nightclub
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: aterrydixon@kw.com
  • Special Features: UnderContract
  • Year Built: 1945

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Partial
  • Other Structures: Outbuilding, Shed(s)

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 2.223
  • Lot Size Units: Acres
  • Parcel Number: 09-304-008
  • Zoning: NB
  • Can Be Subdivided: 1
  • Cleared Acres: 2.10
  • Wooded Area: 0.12
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NB

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,084 $282,800 $68,600 $214,200
2023 $3,084 $282,800 $68,600 $214,200
2022 $3,084 $282,800 $68,600 $214,200
2021 $3,084 $282,800 $68,600 $214,200
2020 $2,680 $198,860 $31,560 $167,300
2019 $2,680 $198,860 $31,560 $167,300
2018 $1,226 $198,860 $31,560 $167,300
2017 $2,720 $198,900 $31,600 $167,300
2016 $2,691 $198,860 $31,560 $167,300
2015 $1,544 $198,860 $31,560 $167,300
2014 $3,194 $299,610 $134,650 $164,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 For Sale $450,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer $151,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $66,500 New Conventional
Closed $50,000 Credit Line Revolving
Closed $120,600 New Conventional
Closed $152,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Similar Property in Monroe, NC

  • 0 Lancaster Hwy, Monroe, NC 28112

    $495,000

    • Land
    • 2.6 Acres
    • $190,385 per Acre
    • 0 Lancaster Hwy
    • Monroe, NC

    Excellent opportunity to develop this 2.6 acre commercial lot on Lancaster Avenear the corner of MLK Jr. Blvd in Monroe, NC. Adjacent to Dollar General. Zoned NB (Neighborhood Business). Utilities available. Please verify allowable uses with the city of Monroe.

    Emily Cline MW Commercial Realty LLC

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4209085

Canopy MLS (Canopy Realtor® Association)

APN: 09-304-008