Hurry to see this property located just minutes from downtown Monroe's historic district. This beautiful, renovated home offers 4 bedrooms and 2.1 bathrooms, kitchen, family room and laundry area. Attention to detail was considered while renovating this home. The home has new LPV flooring, new bathrooms, new HVAC, new roof and new windows. Studs, drywall, plumbing and electrical is new and permits were obtained. The home offers a peaceful setting and is located within walking distance of support services. Come Home!
Active
Price cut: $5K (8/19)
$315,000
501 Colony Rd, Monroe, NC 28112
4beds
1,125sqft
Single Family Residence
Built in 1972
0.33 Acres Lot
$312,200 Zestimate®
$280/sqft
$-- HOA
What's special
Family roomLaundry areaNew windowsNew roofNew hvacNew lpv flooringNew bathrooms
- 346 days |
- 485 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Arlesia Royal royalisselling@gmail.com,
Lifestyle International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4298986
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Dining room
- Level: Main
Great room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher
- Laundry: In Kitchen
Features
- Has basement: No
Interior area
- Total structure area: 1,125
- Total interior livable area: 1,125 sqft
- Finished area above ground: 1,125
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.33 Acres
- Features: Corner Lot
Details
- Parcel number: 09274037
- Zoning: AQ5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Franklin Colony
Location
- Region: Monroe
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $192,300
- Annual tax amount: $1,681
- Date on market: 9/11/2025
- Cumulative days on market: 346 days
- Road surface type: Concrete, Paved
Estimated market value
$312,200
$297,000 - $328,000
$1,997/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $315,000-1.6%$280/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 8/13/2026 | Price change | $320,000-1.5%$284/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 7/22/2026 | Price change | $325,000-1.5%$289/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 7/15/2026 | Price change | $330,000-0.5%$293/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 7/4/2026 | Price change | $331,500-0.5%$295/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 12/2/2025 | Price change | $333,000-0.1%$296/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 10/11/2025 | Price change | $333,500-0.1%$296/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 10/7/2025 | Price change | $334,000-0.3%$297/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 9/11/2025 | Listed for sale | $335,000+131%$298/sqft |
Source: Canopy MLS as distributed by MLS GRID #4298986 Report a problem | ||
| 6/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/3/2024 | Sold | $145,000+107.1%$129/sqft |
Source: Public Record Report a problem | ||
| 3/21/2024 | Listed for rent | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/16/2018 | Sold | $70,000-3.4%$62/sqft |
Source: Canopy MLS as distributed by MLS GRID #3344207 Report a problem | ||
| 12/17/2017 | Pending sale | $72,500$64/sqft |
Source: Emerald Pointe Realty & Construction Inc #3344207 Report a problem | ||
| 12/15/2017 | Listed for sale | $72,500$64/sqft |
Source: Emerald Pointe Realty & Construction Inc #3344207 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,681 +32.7% | $192,300 +65.5% |
| 2024 | $1,267 | $116,200 |
| 2023 | $1,267 | $116,200 |
| 2022 | $1,267 | $116,200 |
| 2021 | $1,267 +37.5% | $116,200 +69.9% |
| 2020 | $921 | $68,400 |
| 2019 | $921 | $68,400 |
| 2018 | $921 | $68,400 |
| 2017 | $921 -0.4% | $68,400 |
| 2016 | $925 +74.2% | $68,400 |
| 2015 | $531 -53% | $68,400 -26.1% |
| 2014 | $1,130 | $92,590 |
| 2013 | -- | $92,590 |
| 2012 | -- | $92,590 |
| 2011 | -- | $92,590 |
| 2010 | -- | $92,590 |
| 2009 | $616 | $92,590 |
| 2008 | $616 +2.6% | $92,590 +9.7% |
| 2007 | $600 +11.7% | $84,420 |
| 2006 | $538 | $84,420 |
| 2005 | -- | $84,420 |
| 2004 | -- | $84,420 +6% |
| 2003 | -- | $79,610 |
| 2002 | -- | $79,610 |
| 2001 | -- | $79,610 |
| 2000 | -- | $79,610 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28112
Nearby schools
GreatSchools rating
- 3/10Walter Bickett Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 2/10Monroe Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Monroe High SchoolGrades: 9-12Distance: 2.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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