Closed
Last Sold Price
$435,000
22 beds8,078 sqft

2209 Ridge Rd, Monroe, NC 28110

Description

Awesome invesment opportunity! 10 homes(3frame,7brick)involved all on 1 deeded parcel. Great rental history. 10 homes currently rented. Rent income from $425 to $535 monthly per unit. Seller very mottivaded. Please bring offerts. Aprox.2 milles from porter ridge school complex.Awesome invesment opportunity! 10 homes(3frame,7brick)involved all on 1 deeded parcel. Great rental history. 10 homes currently rented. Rent income from $425 to $535 monthly per unit. Seller very mottivaded. Please bring offerts. Aprox.2 milles from porter ridge school complex.
4.45 acresLot Size
1965Year Built
$54/sq ftPrice per sq ft
  • Listed by: • Keller Williams Ballantyne Area
Listing closed: 01/27/2005 12:00 AM
Source: CANOPY, MLS#: 463903
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Recent comparable sales

Median sold price

$340,000

Avg days on market

111

Sale-to-list ratio

89.5%

Monroe, NC

9 comparable properties found

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$352,500 | 0 Winchester Road, Unit 3, Monroe, NC 28110
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$330,000 | 0 Winchester Road, Unit 1, Monroe, NC 28110
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$340,000 | 5623 Unionville-Brief Road, Monroe, NC 28110
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$276,000 | 0 Friendly Baptist Church Road, Unit 3, Monroe, NC 28110
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$425,000 | 0 Country Wood Road, Monroe, NC 28110
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$215,000 | 1110 Unionville - Indian Trail Road West, Unit 3, Monroe, NC 28110
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$125,000 | 1718 Eugene Hobbs Road, Monroe, NC 28110
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Location

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$2,768 per month

Principal and Interest

$2,322

Property Taxes

$446

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Property information

2209 Ridge Road

Property Details

  • Parking Features: Parking Space - 4+
  • Subdivision Name: None

Building Information

  • Year Built: 1965
  • Lot Size: 4.45 AC / 193,711 SF

Summary

Location and General Information

  • Longitude: -80.562349
  • Geocode Source: PxPoint
  • Country: US
  • Latitude: 35.076707
  • Directions: 74E. LEFT UNINVILLE-INDIAN TRAIL RD. RIGHT ON RIDGE RD. LOCADED ON CORNEL OF RIDGE RD AND BAUCOM AND SON RD.

Taxes and HOA Information

  • Tax Assessed Value: $255,420.00
  • Parcel Number: 08-270-009-E

School Information

  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified

Property

Lot Information

  • Structure Type: Other
  • Below Grade Finished Area: 0.0
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 4.447
  • Lot Size Units: Acres
  • Property Type: Residential Income

Property and Assessments

  • New Construction YN: No
  • Photos Count: 3
  • Assumable: No
  • Permit Syndication: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Interior and Exterior Features

Exterior Features

  • Construction Materials: Wood Siding
  • Road Surface Type: Dirt, Gravel

Interior Features

  • Appliances: Refrigerator
  • Water Heater: Electric
  • Heating: Window Unit(s)
  • Laundry Features: None
  • Fireplace YN: No
  • Flooring: Carpet
  • Foundation Details: Crawl Space

Multi Family

Multi-Family Information

  • Unit Count: 0
  • Number Of Units Total: 10

Rental

Rent Information

  • Tenant Pays: All except water
  • Rent Includes: Water

Property History

2209 Ridge Road

DateEventPrice
Jan 27, 2005

Closed

CANOPY #463903

$435,000
Dec 8, 2004

Under Contract-No Show

CANOPY #463903

—
Jul 20, 2004

Listed (Active)

CANOPY #463903

$499,000
DateEventPrice
01/27/2005

Closed

CANOPY #463903

$435,000
12/08/2004

Under Contract-No Show

CANOPY #463903

—
07/20/2004

Listed (Active)

CANOPY #463903

$499,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

2209 Ridge Road

Beds

3

Baths

1

Total Finished SqFt

864 SqFt

Above Grade Finished SqFt

864 SqFt

Stories

1

Lot Size

178,291 SqFt

Schools

Near 2209 Ridge Road

This home is within Union County Public School District.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2209 Ridge Road, Monroe, NC 28110
$435,000
22
–
8,078
193,711
$370,000
21
8,000
178,291
–
4
2
1,680
304,397
–
3
1
1,350
19,558
$286,900
3
1,651
13,503
$285,900
3
1,651
12,632

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Ballantyne Area

Based on information submitted to the MLS GRID as of 04/01/2021 08:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.