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.