NOT LISTED FOR SALE

1115 Poplar St Unit 1115 & 1117 Albemarle, NC 28001

Estimated Value: $205,815 - $262,000

4 Beds
2 Baths
1,536 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $105,000 $68 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,365/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Concrete Flooring
  • Many Trees

About This Home

As of October 2019

Excellent investment opportunity! Unit is fully occupied and has excellent rental history. 2 bedroom, 1 bath each side, nice private backyard for tenants.

Last Agent to Sell the Property

Cindy Laton

Century 21 Russ Hollins, Realtors License #170311 Listed on: 08/19/2019

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Michael St. Germain

EXP Realty LLC Ballantyne License #277314

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 0.27

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Flooring

  • Concrete
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Crawl Space
  • Many Trees

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 6538-02-87-0065

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.87500
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Acre: 388888.89
  • Ratio Current Price By Sq Ft: 68.36
  • Year Built: 2001
  • Property Features: Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Refrigerator, Electric Oven
  • Flooring: Concrete, Vinyl
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: .27
  • Lot Features: Trees
  • Lot Size Area: 0.270
  • Parcel Number: 6538-02-87-0065
  • Zoning Specification: R-8

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 86392.00
  • Tax Location: Albemarle

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Larsan Properties Llc
Bought by
Ziola Scott and Bagwe Madhura
Current Estimated Value
$233,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$86,057
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$147,397

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 30, 2019
Sold by
Maxmoment Llc
Bought by
Larsan Properties Llc
Seller's Agent
Cindy Laton
Century 21 Russ Hollins, Realtors
Buyer's Agent
Michael St. Germain
EXP Realty LLC Ballantyne
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$86,573
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2008
Sold by
Farmers & Merchants Bank Of Granite Quar
Bought by
Maxmoment 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
Ziola Scott $150,500 None Available
Larsan Properties Llc $105,000 None Available
Maxmoment Llc $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziola Scott $96,000
Previous Owner Larsan Properties Llc $86,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $105,000 -12.5% $68 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $120,000 -- $78 / 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 $1,529 $136,526 $14,025 $122,501
2024 $1,165 $95,517 $7,140 $88,377
2023 $1,165 $95,517 $7,140 $88,377
2022 $1,165 $95,517 $7,140 $88,377
2021 $1,165 $95,517 $7,140 $88,377
2020 $1,120 $86,392 $6,120 $80,272
2019 $1,132 $86,392 $6,120 $80,272
2018 $1,132 $86,392 $6,120 $80,272
2017 $1,089 $86,392 $6,120 $80,272
2016 $1,021 $81,033 $5,865 $75,168
2015 $1,031 $81,033 $5,865 $75,168
2014 $1,061 $81,033 $5,865 $75,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3541782

Canopy MLS (Canopy Realtor® Association)

APN: 6538-02-87-0065