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205 Lancaster Avenue

205 Lancaster Avenue, Monroe, NC 28112
House in Union
Sold Nov 05, 2020
$243,000
$194,400 by First Citizens Bank & Trust Co
Mortgage
Sold Feb 25, 2020
$137,500
$156,000 by Secured Investment Sehigh Yiel
Mortgage
205 Lancaster Avenue has been categorized by the local assessors in Monroe, NC as a residential type of property. The building on the property was first built in 1940 and is 84 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 205 Lancaster Avenue has 2,352 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 16,683 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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 building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Aug 17, 2020 for $243,000. That's $103.32 per sqft. Prior to that sales transaction, the property was also sold in Feb 24, 2020 for $137,500. 205 Lancaster Avenue was last assessed in 2023. The total value of the property was assessed at $254,000. Specifically, the land the property is located on was valued at $38,300. While improvements on the property were assessed at a total of $215,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,770. The initial tax year of delinquency was in 2018. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,683
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF PUMPKINS FUTURE LLC
  • Land Acres: 0.383
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #1 PUMPKIN FUTURE OPCK413

Ownership

  • Current Owner : LEHNHARDT PRICE INVESTMENTS LLC
  • Previous Owner : SEAN GRIM INVESTMENTS LLC
  • Owner Before Previous Owner: CRUMP RYAN
  • 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: OT MONROE

Geography

  • District: 9
  • Parcel: 09-235-234
  • Municipality: MONROE TWP
  • Latitude: 34.9784
  • Longitude: -80.551

    Address

  • Full Address: 205 Lancaster Ave
  • Address - House Number: 205
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Monroe
  • Carrier Code: C006
  • 4-Digit Zip Code: 5536
  • Zip Code: 28112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,770
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 376,294
  • High Value: 440,906
  • Low Value: 311,682

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,400
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $194,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $254,000
  • Market Land Value: $38,300
  • Market Improvement Value: $215,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,000
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $215,700

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11798337459
  • Current Sale Price: $243,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45454
  • Previous Sale Recording Date: Feb 25, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SECURED INVESTMENT SEHIGH YIEL
  • Previous Mortgage Transaction Date: Feb 25, 2020
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Monroe



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Frequently Asked Questions

What neighborhood is 205 Lancaster Avenue located in?
The 205 Lancaster Avenue is a house located in the neighborhood of Union in Monroe, Monroe.
What is the average sales price for listings in 205 Lancaster Avenue?
The average sales price for units in 205 Lancaster Avenue is $0 currently.

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