List price was lowered by $5K. Tour it before it's gone!
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About this home
Hurry to see this property located just minutes from downtown Monroe's historic district. This beautiful, renovated home offers 4 bedrooms and 2.1 bathrooms, kitchen, family room and laundry area. Attention to detail was considered while renovating this home. The home has new LPV flooring, new bathrooms, new HVAC, new roof and new windows. Studs, drywall, plumbing and electrical is new and permits were obtained. The home offers a peaceful setting and is located within walking distance of support services. Come Home!
Single-familyProperty Type
1972Year Built
0.33 acresLot Size
$280Price/Sq.Ft.
Listed by Arlesia Royal• Lifestyle International Realty
Investment Alert! Hurry to see this property located just minutes from downtown Monroe. This property will be sold AS-IS! Seller is motivated to sell so bring your offers today!
Year
Property tax
Land + Additions
Assessment*
2025
$1,681 (+32.7%)
$34,000 + $158,300
$192,300
2024
$1,267
$34,000 + $158,300
$192,300
2023
$1,267
$18,100 + $98,100
$116,200
2022
$1,267
$18,100 + $98,100
$116,200
2021
$1,267 (+37.5%)
$18,100 + $98,100
$116,200
2020
$921
$14,000 + $54,400
$68,400
2019
$921
$14,000 + $54,400
$68,400
2018
$921 (−1.5%)
$14,000 + $54,400
$68,400
2017
$935 (+1.1%)
$14,000 + $54,400
$68,400
2016
$925 (−0.8%)
$14,000 + $54,400
$68,400
2015
$932 (+32.2%)
$14,000 + $54,400
$68,400
2014
$705 (+15.4%)
$17,300 + $75,290
$92,590
2013
$611
$17,300 + $75,290
$92,590
2012
$611 (−45.9%)
$17,300 + $75,290
$92,590
2011
$1,130
$17,300 + $75,290
$92,590
Public record
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1972
Finished Sq. Ft.
1,174
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,174
Year built
1972
Style
Single Family Residential
County
Union County
APN
09274037
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Monroe, NC • 28112
Average low and high temperatures (°F)
50
28
57
36
70
45
76
53
77
59
88
68
91
72
84
67
82
63
74
51
67
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 Colony Rd
$307,137
$7,863 under list price of $315K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $201K to $370K.