508 Walters Mill Rd, Monroe, NC 28112
Property image
Property image
OFF MARKET

508 Walters Mill Rd
Monroe, NC 28112

  • 2 Beds
  • 1 Bath
  • 2,385 sqft (on 4.15 acres)

$344,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,002/mo*

$344,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,002/mo*
2 Beds
1 Bath
2,385 sqft
(on 4.15 acres)

Home Value

Trulia Estimate
$344K
Since last month
Decreased$1K (-0.3%)
Since last year
Decreased$8K (-2.2%)
Since last sale
Increased$64K (+22.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +130% in the last 10 years
MonthEstimated value
2026
August 2026$344K
July 2026$345K
June 2026$347K
May 2026$345K
April 2026$366K
March 2026$363K
February 2026$359K
January 2026$352K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.47
Single-Family Home
$380,000
02/17/26
4
1
3,289
1.20
Single-Family Home
$340,000
07/24/26
3
2
1,734
1.27
Single-Family Home
$872,000
06/23/26
3
2.5
4,206
2.59
Single-Family Home
$295,000
08/28/25
3
1
1,526
2.78
Single-Family Home
$395,000
11/19/25
3
2
2,416
2.43
Single-Family Home
$400,000
06/15/26
3
2.5
1,804
2.55
Single-Family Home
$452,000
07/27/26
3
2.5
2,271
2.99
Single-Family Home
$408,300
11/24/25
3
2
1,952
2.82
Single-Family Home
$375,000
03/06/26
3
2.5
1,196
2.67
Single-Family Home
$353,000
04/01/26
4
2.5
1,934

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.73
$979,500
-
-
-
For Sale
0.77
$309,500
4
2
1,680
Off Market
0.82
$400,000
-
-
-
For Sale
0.87
$325,000
-
-
-
For Sale
1.08
$500,100
3
2.5
1,821
Off Market
1.18
$107,000
-
-
-
Recently Sold
1.15
$624,900
3
2
1,988
For Sale
1.14
$450,000
-
-
-
Recently Sold
1.16
$649,900
4
2.5
2,313
For Sale
1.20
$340,000
3
2
1,734
Recently Sold
1.27
$872,000
3
2.5
4,206
Recently Sold
1.40
$408,400
3
2
2,264
Off Market

Local Information

  • Map ViewExplore the area around 508 Walters Mill Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1949
Lot Size
4.15 acres
Living Area
2,385 sqft
Price/Sqft
$144
Parking
Garage

About this House

Just wait until u see all the possibilities! Can you see yourself sitting on your back deck, or the large patio area overlooking your pond. How many fish can you catch in one day?? Such a beautiful place no words can explain it. Older home has been remodeled at some point with updated bath. There are only 2 bedrooms and an office at the front door. Home also has lots of original hardwoods. 4 bay building with dirt floors, great for toys. Plus extra Kitchen in basement. NO USDA Loans.
508 Walters Mill Rd, Monroe, NC 28112 is a 2 bedroom, 1 bathroom, 2,385 sqft single-family home built in 1949. It last sold for $280,000 on Apr 17, 2023. It is currently off market. The Trulia Estimate is $344,200, with a rent estimate of $1,394/month.

Home Details for 508 Walters Mill Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Brick
Parking & Garage
GarageParking: Carport, Garage

Property Information

Year Built
Year Built: 1949Year Updated: 1949
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 4.15 acres

Price and Tax history

DateEventPrice
Apr 17, 2023
Source: Canopy MLS as distributed by MLS GRID #3940962
Sold
$280,000
Mar 13, 2023
Source: Canopy MLS as distributed by MLS GRID #CAR3940962
Pending
$300,000
Mar 8, 2023
Source: Canopy MLS as distributed by MLS GRID #CAR3940962
PriceChange
$300,000
Price decreased by 5%
Feb 25, 2023
Source: Canopy MLS as distributed by MLS GRID #CAR3940962
PriceChange
$315,000
Price decreased by 3%
Feb 14, 2023
Source: Canopy MLS as distributed by MLS GRID #3940962
Listed For Sale
$325,000

Market trends in Monroe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$368K
$8.05K
MoM
Sale-to-List Price
98.8%
Price per sq ft
$213
$2
MoM
Available listings
290
3
MoM

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 "
  • 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."
  • 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. "
  • Kadeshia M.
    "Neighborhoods have sidewalks, everyone here is dog friendly for the most part, and dog owners pick up after their dogs on walks. "
  • Nachet D.
    "The YMCA is always hosting events for the youth in this neighborhood... the YMCA also has an after school and summer program"
  • Paul L.
    "great friendly neighborhood great neighbors safe and quiet. well maintained yards and people help each other "
  • Jessica D.
    "I love this neighborhood but the houses here are made with pretty cheap material I wish I could live here"
  • 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. "
  • Meg
    "The people are sociable and family oriented. Its a safe neighborhood. I moved here and I wouldn't have chosen anywhere else"
  • Mary W
    "Neighbors look out for each other. Children can play all day without worry or incident. Very calm and family oriented neighborhood. "
  • Michael A.
    "We've lived here for 19 years. Very nice, quiet, close to shopping. Neighbors are good, all different cultures and ages. "
  • Shelby B.
    "That our children are safe and that there are safe places where they can go to the neighborhood enjoy themselves."
  • 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. "
  • 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."
  • 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."
  • 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!"
  • Angelek H.
    "There is nothing unique about my neighborhood. it looks the same as all the new neighborhoods that are being built."
  • Kendramrtn
    "Awesome family neighborhood we have been a part of for five years! Cannot stand the thought of leaving. Very safe!"

LGBTQ Local Legal Protections

Frequently asked questions about 508 Walters Mill Rd

  • What is 508 Walters Mill Rd estimated to be worth?
    Trulia's estimated value for 508 Walters Mill Rd in Monroe, NC is $344,200.
  • What is the price history for 508 Walters Mill Rd?
    508 Walters Mill Rd in Monroe, NC last sold for $280,000 in April 2023.
  • 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.
  • Does 508 Walters Mill Rd have air conditioning?
    Yes, 508 Walters Mill Rd in Monroe, NC has air conditioning.
  • How big is the lot at 508 Walters Mill Rd?
    The lot at 508 Walters Mill Rd in Monroe, NC is about 4.2 acres.

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