NOT LISTED FOR SALE

1083 Gibson St Albemarle, NC 28001

Estimated Value: $114,000 - $135,370

2 Beds
1 Bath
1,214 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $135,000 $111 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $778/month

8 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Central Air
  • Laundry Room

About This Home

As of June 2024

Charming Bungalow perfect for investors or first time home buyers! Beautiful exterior with new roof, new siding, new shutters and trim. Oversized rocking chair front porch with new decking. New owner will want to update the interior but home is solid and has great layout with a possible 3rd bedroom possibility in dining room with the addition of a closet. Home is located minutes from downtown Albemarle, Shopping, Parks, Morrow Mountain, Badin Lake and more.

Last Agent to Sell the Property

Frank Cantadore

DM Properties & Associates Brokerage Email: frank@dmaherproperties.com License #250889 Listed on: 04/13/2024

Last Buyer's Agent

Angela Badgett

Black Diamond Realty Inc. License #204390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1930

Lot Details

  • Corner Lot
  • Property is zoned R-8

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Morrow Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-04-73-2576

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,499

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 111.20
  • Geocode Confidence: High
  • Attribution Contact: frank@dmaherproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1214
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven
  • Above Grade Finished Sq Ft: 1214
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1214
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Other - See Remarks

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.2283
  • Lot Size Units: Acres
  • Parcel Number: 6548-04-73-2576
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
J2 Land Investments Llc
Bought by
Journey Capital Llc
Current Estimated Value
$123,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Outstanding Balance
$165,610
Interest Rate
6.2%
Mortgage Type
Construction
Estimated Equity
-$38,814

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 31, 2024
Sold by
Cantadore Real Estate Group Llc
Bought by
Little Joseph Anthony and Little Daria L
Seller's Agent
Frank Cantadore
DM Properties & Associates
Buyer's Agent
Angela Badgett
Black Diamond Realty Inc.
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.74%
Original Mortgage
$108,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2024
Closed on
May 6, 2024
Sold by
Cantadore R/E Group Llc
Bought by
J2 Land Investments Llc
Seller's Agent
Frank Cantadore
DM Properties & Associates
Buyer's Agent
Angela Badgett
Black Diamond Realty Inc.
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2024
Sold by
Greene Patricia Lynn Little and Greene Timothy
Bought by
Cantadore R/E Group Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Journey Capital Llc -- None Listed On Document
Journey Capital Llc -- None Listed On Document
Little Joseph Anthony $135,000 None Listed On Document
J2 Land Investments Llc $31,000 None Listed On Document
Cantadore R/E Group Llc $65,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Journey Capital Llc $167,250
Closed Journey Capital Llc $167,250
Previous Owner Little Joseph Anthony $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $135,000 -3.6% $111 / Sq Ft
04/13/2024 04/13/24 For Sale $140,000 -- $115 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $1,499 $133,881 $13,731 $120,150
2024 $432 $35,376 $6,933 $28,443
2023 $1,037 $35,376 $6,933 $28,443
2022 $432 $35,376 $6,933 $28,443
2021 $432 $35,376 $6,933 $28,443
2020 $445 $34,274 $6,240 $28,034
2019 $449 $34,274 $6,240 $28,034
2018 $1,023 $34,274 $6,240 $28,034
2017 $432 $34,274 $6,240 $28,034
2016 $419 $33,250 $6,240 $27,010
2015 $423 $33,250 $6,240 $27,010
2014 $134 $33,250 $6,240 $27,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4128552

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-73-2576