NOT LISTED FOR SALE

501 S Church St Monroe, NC 28112

Estimated Value: $706,000 - $724,365

5 Beds
3 Baths
4,756 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $715,000 $150 Per Sq Ft

Current estimated payment $4,295/month

Highlights

  • Wood Flooring
  • Wrap Around Porch
  • Porte-Cochere
  • Corner Lot
  • Circular Driveway
  • Balcony

About This Home

As of October 2024

Union County/downtown Monroe Historic District- circa 1912- The Lee Mansion. Only three owners in 112 years! This Neoclassical masterpiece; featured in “North Carolina Architecture” , offers columned elegance from its wrought iron fenced corner lot proximate to downtown Monroe. Slate roofs, metal porch roofs, fluted Corinthian and Ionice columns, dentil and modillion cornice and coffered ceilings- and that is just the exterior!Interiors offer soaring ceilings, 9 fireplaces- each with a unique and finely detailed mantelpiece, maple and pine floors, pocket doors and wainscot walls. Modern kitchen w marble counters and stainless appliances. Main level bedroom suits. Basement offer exterior and interior permanent stairs, attic with permanent stairs. Floor 2 offer 4 bedrooms, sitting room and 2 full baths. Upper level porch balcony is amazing. Sited on a huge lot with a century of gardens.

Last Listed By

James Kerr

J Kerr and Co LLC Brokerage Email: jkerrandcorealestate@gmail.com License #162467 Listed on: 05/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1912

Lot Details

  • Fenced Front Yard
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Porte-Cochere
  • Circular Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Pocket Doors
  • Family Room with Fireplace
  • Permanent Attic Stairs

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

  • Benton Heights Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • City Of Monroe Association, Phone Number (704) 282-5797
  • Built by Lee
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-231-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,863

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1912
  • Restrictions: Architectural Review,Historical
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.34
  • Geocode Confidence: High
  • Attribution Contact: jkerrandcorealestate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Fixed
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2594
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2162
  • Appliances: Dishwasher, Disposal
  • Above Grade Finished Sq Ft: 4756
  • Has Basement: Daylight, Exterior Entry, Interior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Pocket Doors, Screen Door(s)
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 4756
  • Bedroom Main: 1
  • Room Count: 5

Exterior Features

  • Exterior Features: Porte-cochere
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Front Yard
  • Construction Type: Wood
  • Patio And Porch Features: Balcony, Covered, Front Porch, Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 400
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Detached Garage

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room, Inside
  • Cooling: Central Air, Multi Units
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association Name: City of Monroe
  • Phone: 704-282-5797
  • Association Email: Kmendler@monroenc.org

Schools

  • Middle Or Junior School: Monroe
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.8
  • Lot Size Units: Acres
  • Parcel Number: 09-231-120
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Building Info

  • Builder Name: Lee

MLS Schools

  • Elementary School: Benton Heights
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 22, 2024
Sold by
Leitner Thomas and Leitner Tracey
Bought by
Lawrence Clinton Donald and Lawrence Kristi D
Seller's Agent
James Kerr
J Kerr and Co LLC
Buyer's Agent
James Kerr
J Kerr and Co LLC
List Price
$715,000
Sold Price
$715,000
Total Days on Market
0
Current Estimated Value
$711,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,159
Avg. Annual Appreciation
-1.12%
Original Mortgage
$512,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2001
Sold by
Lee Francis Brown and Lee Maude B
Bought by
Leitner Thomas and Leitner Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
6.42%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lawrence Clinton Donald $715,000 None Listed On Document
Leitner Thomas $404,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawrence Clinton Donald $512,000
Previous Owner Leitner Thomas $100,000
Previous Owner Leitner Thomas $122,124
Previous Owner Leitner Thomas $265,000
Previous Owner Leitner Thomas Courtney $324,000
Previous Owner Leitner Thomas $323,200
Closed Leitner Thomas $68,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $715,000 0.0% $150 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $715,000 -- $150 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

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 $3,863 $708,400 $25,200 $683,200
2023 $3,863 $708,400 $25,200 $683,200
2022 $3,863 $708,400 $25,200 $683,200
2021 $3,863 $708,400 $25,200 $683,200
2020 $3,303 $490,350 $19,750 $470,600
2019 $3,303 $490,350 $19,750 $470,600
2018 $1,511 $490,350 $19,750 $470,600
2017 $3,353 $490,400 $19,800 $470,600
2016 $3,317 $490,350 $19,750 $470,600
2015 $1,904 $490,350 $19,750 $470,600
2014 -- $540,820 $22,790 $518,030
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4191263

Canopy MLS (Canopy Realtor® Association)

APN: 09-231-120