507 Colony Rd, Monroe, NC 28112
Property image
Property image
OFF MARKET

$235,100

Trulia Estimate
as of Sep 11, 2026
  • 3 Beds
  • 1 Bath
  • 900 sqft

507 Colony Rd, Monroe, NC 28112

Home Highlights

Single-Family Home
900 sqft
$261/sqft

Local Information

  • Map ViewExplore the area around 507 Colony Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Don't miss out on this adorable 3 bed, 1 bath, all-brick ranch home in Monroe, NC!

Gorgeous wood floors welcome you into the sunlit living room of this spacious one story home. The eat-in kitchen features a complete appliance package in white, to match the modern cabinetry. Recently renovated, updates include light fixtures, the bathroom, windows and roof. Enjoy relaxing and entertaining outdoors in the fenced, tree-lined back yard! We would love to tell you more about this home! For reduced move-in costs, please ask us about our security deposit replacement program.

Pets are conditional based on Pet Screening results and will require a Non-refundable pet fee and monthly pet rent.

Security deposit will be the minimum of one, but not more than two months rent.

Each lease will be enrolled in our Resident Benefit Package for $39.00 per month. This package can include renter's insurance.

Located near N M.L.K. Jr Blvd., Andrew Jackson Hwy, Weddington Rd., Dickerson Park, Restaurants, Grocers
507 Colony Rd, Monroe, NC 28112 is a 3 bedroom, 1 bathroom, 900 sqft single-family home. It last sold for $155,000 on Jul 10, 2024 (10,971% above the $1,400 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $1,650 per month. That rental listing was removed on September 18, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $235,100, with a rent estimate of $1,539/month.

Home Details for 507 Colony Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DishwasherRefrigerator

Comparable Sales for 507 Colony Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1707 Rushing St, Monroe, NC
0.05
Single-Family Home
$237,000
06/22/26
3
1
962 sqft
1203 W Crowell St, Monroe, NC
0.34
Single-Family Home
$201,000
07/09/26
3
1
1,120 sqft
612 Welsh Ave, Monroe, NC
0.35
Single-Family Home
$260,000
09/08/26
3
1
1,010 sqft
1202 Onset Pl, Monroe, NC
0.55
Single-Family Home
$340,000
12/01/25
3
1
1,132 sqft
301 S Branch St, Monroe, NC
0.70
Single-Family Home
$265,000
07/06/26
3
1
960 sqft
1201 Onset Pl, Monroe, NC
0.53
Single-Family Home
$350,000
11/04/25
2
1
992 sqft
1204 Onset Pl, Monroe, NC
0.55
Single-Family Home
$360,000
01/05/26
2
1
827 sqft
104 N Westover Dr, Monroe, NC
0.26
Single-Family Home
$400,000
05/27/26
3
2
1,907 sqft
114 S Branch St, Monroe, NC
0.65
Single-Family Home
$247,500
05/15/26
3
2
1,020 sqft
511 N Johnson St, Monroe, NC
0.48
Single-Family Home
$242,765
03/17/26
4
2.5
1,165 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Monroe

Last updated Sep 2026
Trulia Rent Estimate$1,539/mo
Average rent
$2.09K
$15MoM
Available listings
151
View rental market trends in Monroe, NC

Around this home

What Locals Say about Monroe

At least 234 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 83 % Say parking is easy

  • 77 % Say yards are well-kept

  • 68 % Say there's holiday spirit

  • 64 % Say kids play outside

  • 64 % Say it's dog friendly

  • 56 % Say it's quiet

  • 49 % Say streets are well-lit

  • 48 % Say they plan to stay for at least 5 years

  • 45 % Say there are sidewalks

  • 45 % Say people would walk alone at night

  • 43 % Say neighbors are friendly

  • 38 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kate Earp
    "Quick and easy to get to everywhere that I need to go. Traffic has definitely picked up over the past few years "
    0
    Flag
  • Antoine Moore
    "Don’t know yet, people seem friendly. Will update with important information should I find out. It has a close park but not walkable."
    0
    Flag
  • Workingmichael101
    "Yes, I see many people walking theirs! Usually women. It’s Very safe here. Very family oriented and no thru traffic whatsoever. We even leave the doors unlocked if gone for a dhort period. "
    0
    Flag
  • Kadeshia M.
    "Neighborhoods have sidewalks, everyone here is dog friendly for the most part, and dog owners pick up after their dogs on walks. "
    0
    Flag
  • Nachet D.
    "The YMCA is always hosting events for the youth in this neighborhood... the YMCA also has an after school and summer program"
    9
    Flag
  • Paul L.
    "great friendly neighborhood great neighbors safe and quiet. well maintained yards and people help each other "
    2
    Flag
  • Jessica D.
    "I love this neighborhood but the houses here are made with pretty cheap material I wish I could live here"
    0
    Flag
  • Marcelino W.
    "I lived in this area before for a few years and I absolutely loved it. The people are friendly and it is a good place to raise a family. "
    0
    Flag
  • Meg
    "The people are sociable and family oriented. Its a safe neighborhood. I moved here and I wouldn't have chosen anywhere else"
    5
    Flag
  • Mary W
    "Neighbors look out for each other. Children can play all day without worry or incident. Very calm and family oriented neighborhood. "
    5
    Flag
  • Michael A.
    "We've lived here for 19 years. Very nice, quiet, close to shopping. Neighbors are good, all different cultures and ages. "
    8
    Flag
  • Shelby B.
    "That our children are safe and that there are safe places where they can go to the neighborhood enjoy themselves."
    7
    Flag
  • Natalia P.
    "It’s easy to get into Charlotte and the surrounding areas from Monroe. We are close to 485 so highway access is easy. "
    5
    Flag
  • Jagabry03
    "my neighborhood does not have access to public transportation. I have older neighbors that are pretty nice and great citizens. I feel safe in my neighborhood and think we look out for one another, if out of town."
    1
    Flag
  • Morganhollow
    "20 min to New Town. Leave at 5am. Roads are free of traffic delays. Back home at 9:30. Leave again ar 1:00."
    0
    Flag
  • Tedwards52
    "It’s quieter than most neighborhoods, and there’s a wide variety of people here including children, the elderly, and wonderful people from the LGBTQ+ community. Everyone is friendly!"
    2
    Flag
  • Angelek H.
    "There is nothing unique about my neighborhood. it looks the same as all the new neighborhoods that are being built."
    0
    Flag
  • Kendramrtn
    "Awesome family neighborhood we have been a part of for five years! Cannot stand the thought of leaving. Very safe!"
    2
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 18, 2024
Source: Zillow Rentals
ListingRemoved
$1,400
Sep 4, 2024
Source: Zillow Rentals
PriceChange
$1,400
Price decreased by 10%
Aug 21, 2024
Source: Zillow Rentals
PriceChange
$1,550
Price decreased by 3%
Aug 10, 2024
Source: Zillow Rentals
PriceChange
$1,600
Price decreased by 3%
Jul 26, 2024
Source: Zillow Rentals
Listed For Rent
$1,650

Frequently asked questions about 507 Colony Rd

  • What is 507 Colony Rd estimated to be worth?
    Trulia's estimated value for 507 Colony Rd in Monroe, NC is $235,100.
  • What is the price history for 507 Colony Rd?
    507 Colony Rd in Monroe, NC last sold for $155,000 in July 2024.
  • Is Monroe a buyer's or seller's market?
    Monroe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Monroe?
    The median sale price in Monroe is $368K. That is up $8.05K from the prior month.

Homes for rent near 507 Colony Rd

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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