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Monroe · Monroe, NC

501 Colony Road

Monroe, NC · 1,125 sqft

$315,000

Reduced from $335,000

  • 4Beds
  • 2.5Baths
  • 1,125SqFt
  • 1972Year
  • 342Days on market

About this home

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!

Property details

Beds
4
Baths
2.5
SqFt
1,125
Lot
Year built
1972
Type
Single Family
Days on market
342
Heating
Electric
Cooling
Electric
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,279/ month

Principal & interest
$1,950
Property tax (~0.90%)
$236
Homeowners insurance
$91
HOA dues

Down payment

$15,750 down · $299,250 financed

Income to qualify (28% rule)

~$97,672 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.