701 Lancaster Ave, Monroe, NC 28112
Property image
Property image
OFF MARKET

$512,600

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 3,375 sqft (on 0.63 acres)

701 Lancaster Ave, Monroe, NC 28112

Est. Refi. Payment $3,045/mo*
Refinance Your Home
Currently Off Market - Sold Nov 26, 2024 for $490,000

Home Value

Trulia Estimate
$513K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$33K (+6.8%)
Since last sale
Increased$23K (+4.8%)
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 +153% in the last 10 years
MonthEstimated value
2026
September 2026$513K
August 2026$516K
July 2026$518K
June 2026$499K
May 2026$494K
March 2026$499K
February 2026$504K
January 2026$493K
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
0.48
Single-Family Home
$550,000
06/24/26
4
2.5
3,823
0.45
Single-Family Home
$442,500
11/03/25
4
3
2,411
0.03
Single-Family Home
$319,000
11/13/25
4
2
1,674
0.44
Single-Family Home
$495,000
06/04/26
4
2.5
3,011
0.46
Single-Family Home
$390,000
04/20/26
3
3.5
2,359
0.53
Single-Family Home
$390,000
02/26/26
4
2.5
2,044
0.30
Single-Family Home
$325,000
07/07/26
3
1.5
1,622
0.38
Single-Family Home
$435,000
07/09/26
3
2
2,781

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
0.03
$316,100
4
2
1,674
Off Market
0.04
$396,400
3
3
2,948
Off Market
0.06
$243,000
2
1.5
926
Off Market
0.06
$315,600
3
2
1,982
Off Market
0.05
$360,000
3
2
2,380
For Sale
0.08
$243,300
2
2
1,457
Off Market
0.15
$288,000
2
1
1,209
Off Market
0.14
$281,500
3
2
1,092
Off Market
0.19
$328,800
3
2
2,026
Off Market
0.19
$366,300
4
2
2,017
Off Market
0.22
$334,700
4
2.5
2,374
Off Market

Local Information

  • Map ViewExplore the area around 701 Lancaster Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1937
0.63 acre lot
3,375 sqft
$152/sqft
Open Parking

About this House

OWN A PIECE EOF HISTORY! One of a kind - Arch openings- Elegant GRT room/fireplace - Formal DR - Chef's Kitchen -granite tops-Wolfe Range - Sub Zero - Warming drawer - convection wall oven- Custom Cabinetry - Den w/ custom bookshelves - Hardwood floors and Custom lighting throughout - Stunning Crown Moldings - Primary on main with en suite - 4 Oversized bedrooms up w/ large closets - One has custom built ins and is being used as an office. High Ceilings - newer double deck over looks the EXTRA Lrg rear yard and gardens. This home features a full work out room on lower level complete with equipment - Truly a Gardeners Delight w/potters shed. Fenced rear yard. Basement entrance interior and exterior. New LVP will be installed in Fitness room prior to closing
701 Lancaster Ave, Monroe, NC 28112 is a 5 bedroom, 5 bathroom, 3,375 sqft single-family home built in 1937. It last sold for $490,000 on Nov 26, 2024 (3% below the $505,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $512,600, with a rent estimate of $2,776/month.
Last check for updates: about 6 hours ago
Listed by Donna L Richards
Howard Hanna Allen Tate Charlotte South
Bought with: Patricia Brooks, (704) 472-6834, McClure Group Realty LLC
Co-Buyer's Agent: Patricia Brooks, (704) 472-6834, McClure Group Realty LLC
Source: Canopy MLS as distributed by MLS GRID, MLS#4146754

Home Details for 701 Lancaster Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Basement Shop,Daylight,Exterior Entry,Interior Entry,Partially Finished,Storage Space,Walk-Out AccessNumber of Rooms: 11Types of Rooms: Primary Bedroom, Bedroom S, Den, Dining Room, Exercise Room, Great Room, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 5Number of Bathrooms (full): 3Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 3375 Square Feet
Appliances & Utilities
Appliances: Convection Oven, Dishwasher, Freezer, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven, Warming Drawer, Washer/DryerDishwasherLaundry: In Basement,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Living Room
Windows, Doors, Floors & Walls
Door: French DoorsFlooring: Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Tile, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Deck, PatioFencing: Back Yard, Fenced, Partial, PrivacyOther Structures: Shed(s)
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway
Frontage
Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 3047 Square FeetFinished Area (below surface): 328 Square Feet

Days on Market

Cumulative Days on Market: 122

Property Information

Year Built
Year Built: 1937
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: VinylNot a New Construction
Property Information
Parcel Number: 09235168

Price & Status

Price
List Price: $505,000

Location

Direction & Address
City: MonroeCommunity: Historic District
School Information
Elementary School: Benton HeightsJr High / Middle School: MonroeHigh School: Monroe

Building

Building Area
Building Area: 3047 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 0.63 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, NC Bond, VA Loan

Miscellaneous

BasementMls Number: 4146754Attic: Pull Down StairsAttribution Contact: donna.richards@allentate.comAbove Grade Unfinished Area: 3047

Price and Tax history

DateEventPrice
Nov 26, 2024
Source: Canopy MLS as distributed by MLS GRID #4146754
Sold
$490,000
Oct 7, 2024
Source: Canopy MLS as distributed by MLS GRID #4146754
PriceChange
$505,000
Price decreased by 2%
Jun 19, 2024
Source: Canopy MLS as distributed by MLS GRID #4146754
Listed For Sale
$515,000
Jun 4, 2013
Source: Canopy MLS as distributed by MLS GRID #2101006
Sold
$207,500
Apr 30, 2013
Source: Agent Provided
Pending
$225,000

Market trends in Monroe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$362K
$5.83K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$210
$3
MoM
Available listings
301
11
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
    "Donโ€™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. Itโ€™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.
    "Itโ€™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
    "Itโ€™s quieter than most neighborhoods, and thereโ€™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

Based on information submitted to the MLS GRID as of 2026-09-21 08:13:22 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 701 Lancaster Ave

  • What is 701 Lancaster Ave estimated to be worth?
    Trulia's estimated value for 701 Lancaster Ave in Monroe, NC is $512,600.
  • What is the price history for 701 Lancaster Ave?
    701 Lancaster Ave in Monroe, NC last sold for $490,000 in November 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 $362K. That is down $5.83K from the prior month.
  • Does 701 Lancaster Ave have air conditioning?
    Yes, 701 Lancaster Ave in Monroe, NC has air conditioning.
  • Does 701 Lancaster Ave have laundry facilities?
    Yes, 701 Lancaster Ave in Monroe, NC has laundry facilities.

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