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Monroe · Monroe, NC

502 Cedarwood Drive

Monroe, NC · 3,775 sqft

$615,000

Reduced from $625,000

  • 3Beds
  • 2.5Baths
  • 3,775SqFt
  • 1980Year
  • 28Days on market

About this home

Welcome home to this spacious brick residence nestled in the established Cedarwood South community with NO HOA! Situated on a beautiful lot surrounded by mature trees, this home offers the perfect blend of comfort, functionality, and room to grow. Inside, you’ll find 3 generously sized bedrooms, 2.5 bathrooms, and multiple living spaces designed for everyday living and entertaining. The main living room provides a warm and inviting atmosphere, while the second living room offers endless possibilities as a media room, playroom, home office, or gathering space. A huge flex room featuring brand-new flooring adds even more versatility and can easily serve as a game room, fitness area, hobby room, or additional guest space. The spacious kitchen offers ample cabinet and counter space and flows into the dining area, making hosting family and friends a breeze. Outside, enjoy the peaceful backyard with plenty of room for gardening, recreation, or relaxing. The attached two-car garage provides abundant storage and convenience. Located just minutes from shopping, dining, schools, and major roadways, this property offers the perfect balance of privacy and accessibility. Don’t miss this incredible opportunity to make this versatile home your own—schedule your private showing today! Seller is offering $5,000 in closing cost with an acceptable offer!!

Property details

Beds
3
Baths
2.5
SqFt
3,775
Lot
Year built
1980
Type
Single Family
Days on market
28
Garage
2
Style
Other
Heating
Central
Cooling
Ceiling Fan(s), Central Air, Electric
Foundation
Slab

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$4,449/ month

Principal & interest
$3,808
Property tax (~0.90%)
$461
Homeowners insurance
$179
HOA dues

Down payment

$30,750 down · $584,250 financed

Income to qualify (28% rule)

~$190,692 / 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.