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201 North Main Street

201 North Main Street, Monroe, NC 28112
Property in Union
201 North Main Street has been categorized by the local assessors in Monroe, NC as a exempt type of property. The building on the property was first built in 1942 and is 82 years old. The building has a total of 2 stories. In addition, 201 North Main Street has 13,146 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,377 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 201 North Main Street sold most recently in Aug 27, 2009 for a total of $800,000. If you work out the math, that's approximately a cost of $30.70 per sqft. Before that, the property was also sold for $2,500,000 in Apr 24, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,829 in taxes each year. 201 North Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $920,200. If we break it down further, the land itself was valued at $158,900. Improvements to the property, however, were assessed at a total of $761,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 13,146
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,377
  • Total Building Area: 26,062
  • Gross Building Area: 26,062
  • Building Area: 26,062
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 13,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Exempt
  • Land Acres: 0.353
  • Standard Land Use Code: Public school
  • Legal Description 1: 201 N MAIN ST

Ownership

  • Current Owner : URBAN INVESTMENTS OF MONROE LLC
  • Previous Owner : RUSHING CONSTRUCTION COMPANY INC
  • Owner Before Previous Owner: RUSHING CONSTRUCTION CO INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020501

Zoning

  • Zoning: CBD MONROE

Geography

  • District: 9
  • Parcel: 09-232-095
  • Municipality: MONROE TWP
  • Latitude: 34.9822
  • Longitude: -80.5506

    Address

  • Full Address: 201 N Main St
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: Monroe
  • Carrier Code: C006
  • 4-Digit Zip Code: 4765
  • Zip Code: 28112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,829
  • Tax Rate Code Area: 222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: RUSHING CONSTRUCTION COMPANY I
  • First Open Lien Mortgage Recording Date: Aug 27, 2009
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2029
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $920,200
  • Market Land Value: $158,900
  • Market Improvement Value: $761,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,200
  • Assessed Land Value: $158,900
  • Assessed Improvements Value: $761,300

    Exemptions

  • School/College Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2009
  • Current Sale Recording Date: Aug 27, 2009
  • Current Sale Transaction ID: 1139631905
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0028392
  • Previous Sale Recording Date: Apr 24, 2007
  • Previous Sale Contract Date: Apr 24, 2007
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUSHING CONSTRUCTION COMPANY I
  • First Mortgage Transaction Date: Aug 27, 2009
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Sep 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: RUSHING CONSTRUCTION CO INC
  • Previous Mortgage Transaction Date: Apr 24, 2007
  • Previous Mortgage Loan Amount: $2,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Monroe



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Frequently Asked Questions

What neighborhood is 201 North Main Street located in?
The 201 North Main Street is a located in the neighborhood of Union in Monroe, Monroe.
What is the average sales price for listings in 201 North Main Street?
The average sales price for units in 201 North Main Street is $0 currently.

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