NOT LISTED FOR SALE

1101 Colonial Dr Albemarle, NC 28001

Estimated Value: $363,608 - $412,000

3 Beds
2 Baths
2,011 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2019

Last sale price $223,500 $111 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,359 / mo

2 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Attached Garage
  • Wood Flooring

About This Home

As of January 2019

This is a lovely brick home situated on a corner lot in Melchor Heights. This ranch style home has been very well cared for and maintained with recent updates made to the kitchen, and other areas of the home.. This home offers 3 large bedrooms and two living spaces; front living room and back den with gas log fireplace. Large kitchen with new granite countertops and back splash. Crown moldings throughout the home. Formal Dining room, 2 full bathrooms and laundry room all on 1 floor! The property also has a large 2 car garage with storage area in the back of it. Corner lot .62 Acres. This is a must see property in one of Albemarle's desirable neighborhoods. Property is owned by the listing agent.

Last Agent to Sell the Property

Michael Fullerton

Lantern Realty & Development License #290662 Listed on: 11/23/2018

Last Buyer's Agent

Michael Fullerton

Lantern Realty & Development License #290662 Listed on: 11/23/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 161x169
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 2 Full Bathrooms
  • Den with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Terrazzo
  • Vinyl

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 654904706418

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.62 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98242
  • Ratio Close Price By Original Li: 0.98242
  • Ratio Current Price By Acre: 360483.87
  • Ratio Current Price By Sq Ft: 111.14
  • Year Built: 1977
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Carpet, Terazzo, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 690
  • Main Level Sq Ft: 2011
  • Total Sq Ft: 2011

Exterior Features

  • Construction: Brick Full, Hard Stucco
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 161x169
  • Lot Features: Corner Lot
  • Parcel Number: 654904706418
  • Plat Reference Section Pages: 978
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 192334.00
  • Tax Location: Albemarle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Jan 7, 2019
Sold by
Bought by
Seller's Agent
Michael Fullerton
Lantern Realty & Development
Buyer's Agent
Michael Fullerton
Lantern Realty & Development
List Price
$227,500
Sold Price
$223,500
Premium/Discount to List
-$4,000
-1.76%
Current Estimated Value
$385,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,652
Avg. Annual Appreciation
7.52%
Original Mortgage
$105,000
Outstanding Balance
$90,895
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$294,257

Purchase Details

Closed on
May 11, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.88%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$224,000 None Available
$191,000 None Available
-- --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $105,000
Closed $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $223,500 -1.8% $111 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $227,500 -- $113 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,490 $311,634 $45,054 $266,580
2024 $2,795 $229,112 $26,622 $202,490
2023 $2,795 $229,112 $26,622 $202,490
2022 $2,795 $229,112 $26,622 $202,490
2021 $2,795 $229,112 $26,622 $202,490
2020 $2,773 $213,855 $26,622 $187,233
2019 $2,520 $192,334 $26,622 $165,712
2018 $2,520 $192,334 $26,622 $165,712
2017 $2,423 $192,334 $26,622 $165,712
2016 $2,327 $184,687 $28,670 $156,017
2015 $1,175 $184,687 $28,670 $156,017
2014 $1,185 $184,687 $28,670 $156,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3454393

Canopy MLS

APN: 6549-04-70-6418

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