501 N Thompson St, Monroe, NC 28112

3 beds1 bath1,320 sqft

For Sale
$54,900
Est. Mortgage
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My Notes

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Good investment property. Tenant has lived here for several years. Corner lot. Rental income of over $600 per month. Vinyl siding. Enclosed front porch. Close to downtown and schools.

Facts

  • Single Family
  • 139 days on Zillow
  • Views: 3,149 all time views
  • 11 shoppers saved this home
  • Heating: Forced air
  • Price/sqft: $42
  • MLS #: 3052528

Features

  • Parking: 0 space

    Additional Features

    • Features \ Asphalt Shingle Roof, Features \ Forced Air, Features \ Over 50 Years Old, Features \ Mixed, Features \ Vinyl Siding, Features \ Under 1\2 Acre, Features \ City, PropertySubType \ Single Family Detached, PropertyType \ Residential, Features \ City Water, Features \ Crawl Space, Features \ No Garage

    Construction

    • Exterior material: Vinyl
    • Roof type: Asphalt
    • Stories: 0
    • Structure type: Other

    Other

    • Floor size: 1,320 sqft
    • Zillow Home ID: 2117970153

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $79,449
    +$831 Last 30 days
    $72K
    $86K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $886/mo
    +$27 Last 30 days
    $700
    $1.2K
    Zestimate range
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    $XXX,XXX
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    Comparable Homes

    Homes like this sold for $55-96K.

    $40K
    $110K

    Popularity on Zillow

    Trending! This home is one of the top 10% most visited in the neighborhood this week.
    1,220 views since listing
    3,149 all-time (chart)
    11 shoppers saved
    this home to their list of favorites

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 28112 home values will increase 2.4% next year, compared to a 2.8% increase for Monroe as a whole. Among 28112 homes, this home is 57.7% less expensive than the midpoint (median) home, and is priced 50% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 28112, the number of foreclosures waiting to be sold is 125.3% greater than in Monroe, and 552.4% greater than the national average. This higher local number may prevent 28112 home values from rising as quickly as other regions in Monroe.

    Learn more about forecast calculations or 28112 home values.
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      For Sale

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      Rentals

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      Other Units in this Building (1)ZestimateBedsBathsSqft
      N/A$66K21994

      Nearby Schools in Monroe

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org