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116 Monarch Ct

Advance, NC 27006

4 bd 3 ba 3,480 sqft Built 2001 Lot 30,492 sqft single_family
Most recent sale
$500,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $500,000 MLS #1083583
Sep 9, 2022 Listed $480,000 MLS #1083583
Jul 4, 2022 Listed $480,000 MLS #1074049
Aug 7, 2019 Sold $292,500 MLS #940161
Jun 6, 2017 Sold $260,350 MLS #709923
Sep 30, 2014 Sold $260,500 Public Record
Aug 9, 2014 Price changed $269,900 MLS #709923
Jun 11, 2014 Listed $279,900 MLS #709923
Apr 23, 2012 Listing removed $224,900 LexingtonNC
Apr 5, 2012 Listed $224,900 MLS #94699
Apr 4, 2012 Listed $224,900 MLS #639228
Sep 24, 2011 Listing removed $289,900 TriadMLS
Mar 28, 2011 Listed $289,900 MLS #608303
Mar 11, 2011 Listing removed $299,900 TriadMLS
Aug 11, 2010 Relisted $299,900 MLS #560990
Aug 6, 2010 Listing removed $299,900 TriadMLS
May 4, 2010 Listed $299,900 MLS #560990
Dec 11, 2002 Sold $242,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $416,730 $90,000 $506,730 $3,612
2023 $280,420 $58,500 $338,920 $2,702
2022 $272,290 $58,500 $330,790 $2,637
2021 $272,290 $58,500 $330,790 $2,638
2020 $220,110 $58,500 $278,610 $2,238
2019 $220,110 $58,500 $278,610 $2,236
2018 $220,110 $58,500 $278,610 $2,168
2017 $220,110 $58,500 $278,610 $2,140
2016 $224,880 $58,500 $283,380 $2,176
2015 $224,880 $58,500 $283,380 $2,176
2014 $228,320 $58,500 $286,820 $1,893
2013 $228,320 $58,500 $286,820 $1,893
2012 $236,090 $58,500 $294,590 $1,826
2011 $236,090 $58,500 $294,590 $1,826
2010 $236,090 $58,500 $294,590 $1,826
2009 $236,090 $58,500 $294,590 $1,826
2008 $213,130 $48,750 $261,880 $1,728

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,480 sqft
Lot size
30,492 sqft
ZIP code
27006
City
Advance
Street
Monarch Ct
Coordinates
35.98141, -80.43034

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,698
Gross rental yield
11.28%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 116 Monarch Ct last sell?
116 Monarch Ct most recently sold on Oct 3, 2022 for $500,000.
What is the current tax assessment for 116 Monarch Ct?
The most recent total assessment for 116 Monarch Ct (year 2025) is $506,730 with $3,612 in property tax.
How does 116 Monarch Ct's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $500,000.
When was 116 Monarch Ct built?
116 Monarch Ct was built in 2001.
How does 116 Monarch Ct compare to others on Monarch Ct?
We track 1 other property on Monarch Ct. Browse the list under "Other properties on Monarch Ct" to compare beds, baths, and sale history.
What are the property facts for 116 Monarch Ct?
116 Monarch Ct is a 4 bed, 3 bath, 3,480 sqft, 30,492 sqft lot single_family.
Is 116 Monarch Ct a flip candidate?
No — 116 Monarch Ct does not appear in our flips dataset.
Is 116 Monarch Ct a tax-appeal candidate?
No — 116 Monarch Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$347.1K
2026 Q4
$338.2K
ZIP 27006 — Median Price History + Forecast

Explore nearby

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