IcemorleeMonroe, NC 28110

Off market
  • High-rise multifamily apartments
  • 9,072 SF

Property Details for Icemorlee

Year built
1972
Construction
WOOD
Lot size
15.23 AC
Property size (Sq ft)
9,072 SF
Zone code
R-MF MONROE
Property type
High-rise multifamily apartments
APN
09-271-034
APU
9271034

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,178,524
    6.5%
    $2,934,023
    7%
    $2,724,450
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,381,191
    Geo Method
    $2,381,191
  • Alternative Use

    Use
    Valuation
    Residential
    $2,934,023
    Hospitality
    $2,687,549
    Educational
    $2,236,009
    Medical
    $2,312,909
    Retail
    $3,478,236
Icemorlee, Monroe, North Carolina

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.9921
Longitude
-80.567
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$152,300
$6,833,500
$6,985,800
-
$152,300
$6,833,500
$6,985,800

FAQs

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