Last Sold Price
5114 Monroe Rd, Charlotte, NC 28205

Description

Great Investment Opportunity - 0.68 Acres on Monroe Road (zoned O2) with active hair salon business and residential apartment (1 bedroom / 1 bath) on 2nd floor with private entrance! Great Location for Retail, Medical / Dental Office or Multi-family - see attached survey. For info on the building see MLS 3863091.Great Investment Opportunity - 0.68 Acres on Monroe Road (zoned O2) with active hair salon business and residential apartment (1 bedroom / 1 bath) on 2nd floor with private entrance! Great Location for Retail, Medical / Dental Office or Multi-family - see attached survey. For info on the building see MLS 3863091.
LISTING CLOSED: 09/26/2022 12:00 AM

  1. Listed by Keller Williams South Park • Vernon@VernonJackson3.com
  2. Listed by Keller Williams South Park

Property Details for 5114 Monroe Road

Status
MLS #
3863380
Days on Market
39
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Land / Commercial
Year Built
-
Lot Size
0.68 AC / 29,620 SF
Waterfront Features
None
Community Features
None

Recent comparable sales

Median sold price

$556,999.92

Avg days on market

66

Sale-to-list ratio

100.3%

[Charlotte, NC]

9 comparable properties found

$650,000 | 622 Ashworth Road, Charlotte, NC 28211
1/4
1

$650,000

Sold 09/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$557,000 | 3419 Wheatley Avenue, Charlotte, NC 28205
1/8
2

$557,000

Sold 09/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres
a view of a field and trees
1/5
3

$825,000

Sold 11/06/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.41
Acres
$675,000 | 2933 Robin Road, Charlotte, NC 28211
1/8
4

$675,000

Sold 12/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.34
Acres
a view of a yard with a house
1/2
5

$539,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.20
Acres
a view of a backyard with large trees
1/15
6

$350,000

Sold 07/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.52
Acres
a view of a house with backyard
1/3
7

$300,000

Sold 03/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
8

$613,000

Sold 12/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,891
Square Feet
0.36
Acres
$55,000 | 4914 Charleston Drive, Charlotte, NC 28212
1/7
9

$55,000

Sold 07/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres

Location

Add your commute

Building Information for 5114 Monroe Road

Stories-Residences-Year Built-Lot Size0.68 AC / 29,620 SF

Payment Calculator

$4,010 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,431

Property Taxes

$579

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5114 Monroe Road

Summary
Location and General Information
  • Road Frontage Type: City Street
  • Longitude: -80.776301
  • Zoning: O2
  • Road Frontage Length: 79.0
  • Latitude: 35.190636
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $443,700.00
  • Parcel Number: 161-108-36
  • City Taxes Paid To: Charlotte
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Other: 6 mark spaces - including 1 Handicap - in front, 2 car carport and gravel lot behind the building.
Property
Lot Information
  • Sq Ft Building Minimum: 1
  • Lot Features: Level, Wooded
  • Lot Size Acres: 0.68
  • Lot Size Dimensions: 79 x 361 x 80 x 366
  • Lot Size Units: Acres
  • Possible Use: Commercial, Multi-Family
  • Property Type: Land
Property and Assessments
  • Photos Count: 15
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Restrictions: No Representation
  • Restrictions Description: zoning
Green Features
  • Green Verification Count: 1
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Gas, Phone Connected
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Other Structures: None
Interior Features
  • Habitable Residence YN: Yes
  • Foundation Details: Crawl Space
  • Basement YN: Yes
  • Basement Features: Interior Entry
Room Information
Room Information
  • Room Count: 0.0
Rental
Rent Information
  • Lease Considered YN: No

Property History for 5114 Monroe Road

DateEvent & SourcePriceAppreciation
Sep 26, 2022

Closed (Public Record)

Public Record #1498241984

$675,000
Sep 26, 2022

Closed

CANOPY #3863380

$675,000
Jun 27, 2022

Under Contract-No Show

CANOPY #3863380

DateEvent & SourcePrice
09/26/2022

Closed (Public Record)

Public Record #1498241984

$675,000
09/26/2022

Closed

CANOPY #3863380

$675,000
06/27/2022

Under Contract-No Show

CANOPY #3863380

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

Public Records for 5114 Monroe Road

Taxable ValueLand$729,800Additions$176,600Total$906,400
Tax Record2025$6,950 ($579 / month)
Home Facts
Baths2Total Finished SqFt2,172 SqFtAbove Grade Finished SqFt2,172 SqFtStories2Lot Size29,769 SqFtStyleOffice BuildingYear Built1947ZoningO2CountyMECKLENBURGAPN16110836Fireplace TypeHas Fireplace

Schools near 5114 Monroe Road

This home is within Charlotte-Mecklenburg School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Oakhurst STEAM Academy
PublicK to 5

Eastway Middle
Public6 to 8

Garinger High School
Public9 to 12

Randolph IB Middle
Public6 to 8

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: 5114 Monroe Road, Charlotte, NC 28205
$675,000
29,620
4,200
28,263
2
1,790
30,042
1,470
18,298
1,986
28,969
$240,000
1
1,250
25,308

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 South Park

Based on information submitted to the MLS GRID as of 12/12/2023 07:57 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.