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ActivePrice cut: $10K (9/4)
$615,000
3beds
3,775sqft

502 Cedarwood Dr, Monroe, NC 28112

3beds
3,775sqft
Single family residence
Built in 1980
3.44 Acres
2 Garage spaces
$163 price/sqft

What's special

Spacious brick residence

Welcome home to this spacious brick residence nestled in the established Cedarwood South community with NO HOA! Situated on a beautiful lot surrounded by mature trees, this home offers the perfect blend of comfort, functionality, and room to grow. Inside, you’ll find 3 generously sized bedrooms, 2.5 bathrooms, and multiple living spaces designed for everyday living and entertaining. The main living room provides a warm and inviting atmosphere, while the second living room offers endless possibilities as a media room, playroom, home office, or gathering space. A huge flex room featuring brand-new flooring adds even more versatility and can easily serve as a game room, fitness area, hobby room, or additional guest space. The spacious kitchen offers ample cabinet and counter space and flows into the dining area, making hosting family and friends a breeze. Outside, enjoy the peaceful backyard with plenty of room for gardening, recreation, or relaxing. The attached two-car garage provides abundant storage and convenience. Located just minutes from shopping, dining, schools, and major roadways, this property offers the perfect balance of privacy and accessibility. Don’t miss this incredible opportunity to make this versatile home your own—schedule your private showing today! Seller is offering $5,000 in closing cost with an acceptable offer!!

33 days
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425
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13
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Source: Canopy MLS as distributed by MLS GRID,MLS#: 4405782MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Tiffany Perez Tiffany.perez@redbudgroup.com,

Keller Williams South Park,

Trent Corbin,

Keller Williams South Park

Source: Canopy MLS as distributed by MLS GRID,MLS#: 4405782MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1
Primary bedroom
  • Level: Main
Bathroom full
  • Level: Main
Dining area
  • Level: Main
Kitchen
  • Level: Main
Laundry
  • Level: Main
Living room
  • Level: Main
Heating
  • Central
Cooling
  • Ceiling Fan(s), Central Air, Electric
Appliances
  • Included: Dishwasher, Disposal, Electric Oven, Electric Range, Oven, Plumbed For Ice Maker
  • Laundry: Laundry Room
Features
  • Has basement: No
  • Fireplace features: Living Room, Wood Burning
Interior area
  • Total structure area: 3,775
  • Total interior livable area: 3,775 sqft
  • Finished area above ground: 3,775
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 6
  • Parking features: Driveway, Detached Garage, Garage Door Opener, Garage Faces Front, Garage Shop, Garage on Main Level
  • Garage spaces: 2
  • Uncovered spaces: 4
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck, Front Porch, Rear Porch
Lot
  • Size: 3.44 Acres
Details
  • Parcel number: 04171018
  • Zoning: AF8
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Other
  • Property subtype: Single Family Residence
Materials
  • Brick Full
  • Foundation: Slab
  • Roof: Composition
Condition
  • New construction: No
  • Year built: 1980

Utilities & green energy

  • Sewer: Septic Installed
  • Water: County Water

Community & HOA

Community
  • Subdivision: Cedarwood South
Location
  • Region: Monroe

Financial & listing details

  • Price per square foot: $163/sqft
  • Tax assessed value: $740,500
  • Annual tax amount: $3,343
  • Date on market: 8/7/2026
  • Cumulative days on market: 33 days
  • Listing terms: Cash,Conventional,FHA,VA Loan
  • Road surface type: Gravel, Paved

Price history

DateEventPrice
9/4/2026Price change$615,000-1.6%$163/sqft
Source: Canopy MLS as distributed by MLS GRID #4405782 Report a problem
8/7/2026Listed for sale$625,000+21.4%$166/sqft
Source: Canopy MLS as distributed by MLS GRID #4405782 Report a problem
11/5/2024Sold$515,000-5.5%$136/sqft
Source: Canopy MLS as distributed by MLS GRID #4153557 Report a problem
9/5/2024Price change$545,000-3.5%$144/sqft
Source: Canopy MLS as distributed by MLS GRID #4153557 Report a problem
6/26/2024Listed for sale$565,000+24.2%$150/sqft
Source: Canopy MLS as distributed by MLS GRID #4153557 Report a problem
11/6/2023Listing removed--
Source: Canopy MLS as distributed by MLS GRID #4005969 Report a problem
9/18/2023Price change$455,000-4.2%$121/sqft
Source: Canopy MLS as distributed by MLS GRID #4005969 Report a problem
7/11/2023Price change$475,000-6.5%$126/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4005969 Report a problem
6/10/2023Listed for sale$508,000+1.8%$135/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4005969 Report a problem
3/25/2023Listing removed--
Source: Canopy MLS as distributed by MLS GRID #CAR4005969 Report a problem
3/8/2023Listed for sale$499,000$132/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4005969 Report a problem
12/4/2022Listing removed--
Source: Owner Report a problem
11/2/2022Listed for sale$499,000-5.8%$132/sqft
Source: Owner Report a problem
10/17/2022Listing removed--
Source: Owner Report a problem
9/18/2022Listed for sale$530,000+125.5%$140/sqft
Source: Owner Report a problem
10/10/2013Sold$235,000$62/sqft
Source: Canopy MLS as distributed by MLS GRID #2134373 Report a problem
6/18/2013Pending sale$235,000$62/sqft
Source: Allen Tate Company #2134373 Report a problem
5/10/2013Price change$235,000-6%$62/sqft
Source: Allen Tate Company #2134373 Report a problem
4/18/2013Price change$250,000-1.6%$66/sqft
Source: Allen Tate Company #2134373 Report a problem
3/22/2013Price change$254,000-1.9%$67/sqft
Source: Allen Tate Company #2134373 Report a problem
2/23/2013Listed for sale$259,000-7.5%$69/sqft
Source: Allen Tate Company #2134373 Report a problem
1/21/2013Listing removed$279,900$74/sqft
Source: Owner Report a problem
11/28/2012Listed for sale$279,900$74/sqft
Source: Owner Report a problem
8/1/2012Listing removed$279,900$74/sqft
Source: Owner Report a problem
4/29/2012Listed for sale$279,900$74/sqft
Source: Owner Report a problem

Public tax history

YearProperty taxesTax assessment
2025$3,343 +56.9%$740,500 +112.3%
2024$2,131 +0.9%$348,800 +0.4%
2023$2,112 $347,400
2022$2,112 -0.2%$347,400
2021$2,117 +17.3%$347,400 +50.4%
2020$1,806 +1%$231,000
2019$1,788 $231,000 +0%
2018$1,788 $230,960 0%
2017$1,788 -2.9%$231,000 +0%
2016$1,843 $230,960
2015$1,843 +20.4%$230,960 +5.2%
2014$1,530 $219,460
2013-- $219,460
2012-- $219,460
2011-- $219,460
2010-- $219,460
2009$1,509 $219,460
2008$1,509 -6.7%$219,460 -0.4%
2007$1,617 +11.3%$220,370
2006$1,453 $220,370
2005-- $220,370
2004-- $220,370 +19%
2003-- $185,150
2002-- $185,150
2001-- $185,150
2000-- $185,150

Find assessor info on the county website

Monthly payment

Est. payment
$3,416/mo
Principal & interest
$3129
Property taxes
$287
More affordability toolsChevron Right

Estimated market value

$593,900

$564,000 - $624,000

$2,258/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 28112

Nearby schools

Prospect Elementary School
Grades K-54.9 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
4/10
Parkwood Middle School
Grades 6-84.1 miles
4/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
1/10
Parkwood High School
Grades 9-124.1 miles
8/10
GreatSchools® Rating
Test Score Rating
7/10
College Readiness Rating
7/10
Student Progress Rating
10/10