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  • $125,000

    301 Magnolia Dr, Monroe, NC 28112

    2beds
    1,155sqft
    Single Family Residence
    Built in 1940
    0.23 Acres Lot
    $125,000 Zestimate®
    $108/sqft
    $1,546 Estimated rent

    Home value

    $125,000

    $119,000 - $131,000

    $1,546/mo

    Zestimate® history
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    $1,546/mo

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    $1,546/mo

    Rent Zestimate®

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    $587/mo

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    $587/mo

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    What's special

    Unlock the potential in this classic 2 bedroom, 1 bathroom home offering approximately 1,155 square feet of living space. Situated in a convenient Monroe location, this property is ready for a full renovation and transformation—making it an excellent opportunity for investors, flippers, or buyers looking to create their own vision from the ground up. Inside, the home features a layout that offers great potential for modernization. With thoughtful design and renovation, the floor plan could be opened up to create a more functional and inviting living space while maintaining the charm of this classic home. The property sits beneath mature shade trees and offers a setting that could truly shine again with the right updates and landscaping improvements. Whether your goal is a fix-and-flip, long-term rental, or renovation project to build equity, this home provides a solid starting point for your next investment.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Eric Storey ecstorey@gmail.com,

    Blue Collar Realty LLC

    Bought with:

    Eric Storey

    Blue Collar Realty LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4365758MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Bedroom s
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: None
    • Laundry: Laundry Room
    Features
    • Has basement: No
    Interior area
    • Total structure area: 1,155
    • Total interior livable area: 1,155 sqft
    • Finished area above ground: 1,155
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.23 Acres
    Details
    • Parcel number: 09238089
    • Zoning: AQ5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Monroe
    • Subdivision: none

    Other

    Other facts
    • Listing terms: Cash,Conventional,Nonconforming Loan
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    6/1/2026Sold$125,000-16.1%$108/sqft
    Source: Canopy MLS as distributed by MLS GRID #4365758 Report a problem
    4/27/2026Price change$149,000-16.8%$129/sqft
    Source: Canopy MLS as distributed by MLS GRID #4365758 Report a problem
    4/4/2026Listed for sale$179,000+258%$155/sqft
    Source: Canopy MLS as distributed by MLS GRID #4365758 Report a problem
    6/28/2021Sold$50,000+156.4%$43/sqft
    Source: Public Record Report a problem
    8/30/2011Sold$19,500-51.2%$17/sqft
    Source: Public Record Report a problem
    5/14/2011Listed for sale$40,000$35/sqft
    Source: Allen Tate Company #2018688 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,371 +39%$156,800 +73.5%
    2024$986 $90,400
    2023$986 $90,400
    2022$986 $90,400
    2021$986 +35.5%$90,400 +67.4%
    2020$727 $54,000
    2019$727 $54,000 +0%
    2018$727 $53,980 0%
    2017$727 -0.4%$54,000 +0%
    2016$731 +74.2%$53,980
    2015$419 -50.2%$53,980 -21.8%
    2014$842 $69,050
    2013-- $69,050
    2012-- $69,050
    2011-- $69,050
    2010-- $69,050
    2009$459 $69,050
    2008$459 +9.6%$69,050 +17.2%
    2007$419 +11.7%$58,940
    2006$375 $58,940
    2005-- $58,940
    2004-- $58,940 +43.2%
    2003-- $41,160
    2002-- $41,160
    2001-- $41,160
    2000-- $41,160

    Find assessor info on the county website

    Neighborhood: 28112

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $125,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $125,000