NOT LISTED FOR SALE

1002 Smith St Albemarle, NC 28001

Estimated Value: $315,000 - $356,000

4 Beds
3 Baths
1,936 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $291,000 $150 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,075/month

10 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Workshop
  • Side Porch

About This Home

As of February 2023

REASONS TO BUY A DUPLEX. 1. Your in Law just moved in and you want to save your marriage and your sanity!! Solution, the duplex has no adjoining door and separate utilities.
2. Your marriage is on the rocks but you don’t want to leave the kids. YES buy a duplex and move the X and the kids in Next Door!
3. Your BFF is pushing you to get married, she/he says cheaper for two to live together than separately. Buy a Duplex and move your BFF next door.
4. Buying a duplex is a darn good investment! Your tenant makes part of the mortgage payment and property
tax every month for you. WHAT! Possible tax advantages to offset duplex income.
1103 Cardinal, 1935 sq. ft. was partially remodeled 2022. Lg living room with hrwd, tile, laminate flrs, fireplace, pantry, separate laundry, 2 full Bths, 2 Br, possible 3rd child’s room or den, partial basement w/room for work shop. 1002 Smith St. 933 sq. ft. Hdwd flrs, 2 Br. 1Bth. Potential annual income $27,900. Gross return 8%+. Ck Math!

Last Agent to Sell the Property

Elaine Hollins

Century 21 Russ Hollins, Realtors Brokerage Email: elaine.hollins@century21.com License #113357 Listed on: 01/17/2023

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Janet Wilson-Russell

EXP Realty LLC Ballantyne License #323094

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 125 x 195
  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned R-10

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Workshop
  • Crawl Space

Parking

  • Garage
  • 2 Detached Carport Spaces
  • Basement Garage

Schools

  • East Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Side Porch
  • Separate Entry Quarters

Community Details

  • No Home Owners Association
  • Melchor Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-02-79-5446

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1957
  • Second Living Quarters: Exterior Connected,Main Level,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 101.43
  • Attribution Contact: elaine.hollins@century21.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1936
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 485
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 485
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1936
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 1936
  • Bedroom Main: 2
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Patio And Porch Features: Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking: No
  • Parking Features: Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Laundry Room, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Albemarle
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Paved
  • Lot Size Units: Acres
  • Parcel Number: 6548-02-79-5446
  • Zoning: R-10
  • Lot Size Acres: 0.57
  • Lot Size: 125 X 195
  • Lot Size Sq Ft: 24829
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: East Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 28, 2023
Sold by
Morton Melody P and Morton Michael R
Bought by
Caulder Cierra Jo and Taylor Kathryn C
Seller's Agent
Elaine Hollins
Century 21 Russ Hollins, Realtors
Buyer's Agent
Janet Wilson-Russell
EXP Realty LLC Ballantyne
List Price
$315,000
Sold Price
$291,000
Premium/Discount to List
-$24,000
-7.62%
Views
55
Current Estimated Value
$338,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,790
Avg. Annual Appreciation
5.43%
Original Mortgage
$261,000
Outstanding Balance
$253,096
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$86,625
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Caulder Cierra Jo $296,000 None Listed On Document
Caulder Cierra Jo $296,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caulder Cierra Jo $261,000
Closed Caulder Cierra Jo $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $291,000 -7.6% $150 / Sq Ft
01/18/2023 01/18/23 For Sale $315,000 +8.2% $163 / Sq Ft
01/17/2023 01/17/23 Off Market $291,000 -- --
01/17/2023 01/17/23 For Sale $315,000 -- $163 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,328 $297,138 $37,462 $259,676
2024 $2,020 $165,545 $20,604 $144,941
2023 $2,020 $165,545 $20,604 $144,941
2022 $2,020 $165,545 $20,604 $144,941
2021 $2,020 $165,545 $20,604 $144,941
2020 $1,906 $146,943 $19,105 $127,838
2019 $1,925 $146,943 $19,105 $127,838
2018 $1,925 $146,943 $19,105 $127,838
2017 $1,851 $146,943 $19,105 $127,838
2016 $1,832 $145,421 $19,855 $125,566
2015 $1,851 $145,421 $19,855 $125,566
2014 $1,894 $145,421 $19,855 $125,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3934679

Canopy MLS (Canopy Realtor® Association)

APN: 6548-02-79-5446