Single Family Residence at 3501 Parkwood School Road, Monroe
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$475,000

3501 Parkwood School Road
Monroe, NC 28112
Listed by Katherine LaFone · Coldwell Banker Realty
Bedrooms
3
Bathrooms
2
Living area
2,502 sqft
Year built
1965

About this home

Price reduced!Home with adjacent commerical building, perfect for commericial purposes or easily converted to living space. Located on a little over 2 acres near Parkwood High School, this home 3 bedroom, 2 bath ranch style home offers space, comfort, and versitality. Inside you will find a formal living room, spacious family room with fireplace, an updated kitchen with quartz counter tops and stainless appliances. The dining area features a second fireplace and wonderful for entertaining. The adjoining sunroom provides additional light and storage. A covered walkway leads to a 2 car carport and additional parking. The backyard has a combination of trees and sun so it would be perfect spot for a garden or pool, as well as a storage shed for equipment. Unique to this property is the included detached building that is currently being used for commercial purposes. With it's flexible layout, it offers many possibilities and could be converted into a private guest house, in-law suite, rental opportunity, home office, studio or workshop. Fireplaces and septic systems to be sold as is.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4399540
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
44
On market date
July 13, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Benton Heights Elementary
7.99 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
500
Student:teacher ratio
10.6:1
District
Union County Public Schools
Middle
Parkwood Middle
0.33 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
817
Student:teacher ratio
20.4:1
District
Union County Public Schools
High
Central Academy of Technology and Arts
6.33 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
809
Student:teacher ratio
18.4:1
District
Union County Public Schools

Walkability

Blended score for Monroe's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.3 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Monroe, from live MLS data.

On the market 44 days -- 42 fewer days than Monroe's current average of 86 days.
For reference, the median list price across 529 active listings in Monroe right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,011/mo
$95,000 down
$380,000 loan
Principal & interest$2,465
Property tax (est.)$396
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.