501 Colony Road

Monroe, NC
$ 315,000 Beds 4 Baths 2.5 Sq 1,125
Monthly Estimate* How much can I afford?

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 Family

  • Price
  • $ 315,000
  • City
  • Monroe
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • UNION
  • Half Bathrooms
  • 1
  • Area
  • Union County
  • Lot Size
  • 0.33 Acres
  • Zip
  • 28112
  • Sqr Footage
  • 1,125
  • Year Built
  • 1972
  • Style
  • MLS#
  • 4298986
Listed By: Lifestyle International Realty; royalisselling@gmail.com
Data Source: Canopy MLS

Features

General

Living Area 1125
Sewer Public Sewer
Heating Electric
Cooling Electric
Roof Composition
Appliances Dishwasher
Zoning AQ5
Construction Materials Brick Full
Year Built 1972
Levels One
Property Subtype Single Family Residence
Parcel Number 09-274-037
County Union
New Construction No
Property Type Residential
HOA No
Subdivision Name Franklin Colony
Garage Y/N No
Full Baths 2
High School Unspecified
City Monroe
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 192300

Interior Features

Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1125
Half Baths 1
Laundry Features In Kitchen
Total Bedrooms 4
Total Baths 3
SqFt Main 1125
Bedroom 4

Exterior Features

Parking Features Driveway
Lot Features Corner Lot
Water Source City
Lot Size Area 0.33
Foundation Details Crawl Space
Road Surface Type Concrete,Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mooresville, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unspecified Elementary School
Middle School Unspecified Middle School
High School Unspecified High School

Price History

9/4/2025 Listed $335,000
10/7/2025 1% - $334,000
10/11/2025 1% - $333,500
12/2/2025 1% - $333,000
7/4/2026 1% - $331,500
7/15/2026 1% - $330,000
7/22/2026 2% - $325,000
8/13/2026 2% - $320,000
8/19/2026 2% - $315,000

Property vs Zip Code Average in 28112

Price
AVG $520K
$320K
Year Built
AVG 2002
1972
Visits
AVG 145
682
Data Provided by Inside Real Estate®

501 Colony Road Monroe, NC is a Single Family Home for sale at $315000 with 1125 sqft and a lot size of 0.33 Acres Acre(s). 501 Colony Road Monroe has 4 bedrooms, 2 baths and was built in 1972. The property's zip code is 28112 which is in Monroe, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.