Monroe · Monroe, NC
1614 Medlin Road
Monroe, NC · 1,608 sqft
$800,000
- 3Beds
- 2Baths
- 1,608SqFt
- 1970Year
- 337Days on market
About this home
2.64 ACRES (and more land available) on Beautiful Lake Lee! Zoned R20 and dividable! If lake life is calling, look no more. Private and dreamy, and a fisherman's paradise! Directly across the street from Bridgewater and minutes to the city yet secluded and ideal for an estate life on the water. The home is situated on top of a lovely knoll for beautiful views! Three bedroom, two bath sprawling ranch with large kitchen and a 2 car garage and covered front porch. Tucked in the trees with a winding driveway that leads to the home. Please do not disturb the tenant. Lease ends in December 2025. This is such a great opportunity for private owner or developer. This property is in ETJ for Monroe. Call for a viewing today.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,608
- Lot
- —
- Year built
- 1970
- Type
- Single Family
- Days on market
- 337
- Garage
- 2
- Style
- Ranch
- Heating
- Electric
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$5,887/ month
- Principal & interest
- $4,954
- Property tax (~1.05%)
- $700
- Homeowners insurance
- $233
- HOA dues
- —
Down payment
$40,000 down · $760,000 financed
Income to qualify (28% rule)
~$252,341 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.