NOT LISTED FOR SALE

1200 Pennington Rd Albemarle, NC 28001

Estimated Value: $140,550

2 Beds
1 Bath
944 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $29,900 $32 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $809/month

145 Days on Market

About This Home

As of April 2018

2 bed, 1 bath Albemarle, NC home for sale. This property sits on a large parcel of land. The house has great potential. Rooms are spacious and could be great for a family. Home is located close to all amenities.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #259651 Listed on: 11/02/2017

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1943

Lot Details

  • 0.79

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 653802791365

Home Details

Home Type

Single Family

Est. Annual Taxes

$591

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.85673
  • Ratio Close Price By Original Li: 0.54463
  • Ratio Current Price By Acre: 37848.10
  • Ratio Current Price By Sq Ft: 31.67
  • Year Built: 1943
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Room Count: 1
  • Main Level Sq Ft: 944
  • Total Sq Ft: 944

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 172'203'160'204
  • Lot Size Area: 0.790
  • Parcel Number: 653802791365
  • Zoning: SFR
  • Zoning Specification: RES

Tax Info

  • Tax Value: 591.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Apr 6, 2018
Sold by
Castlerock 2017 Llc
Bought by
Mauldin Randy Darrell and Mauldin Meredith Morgan
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Non Member
Canopy Administration
List Price
$54,900
Sold Price
$29,900
Premium/Discount to List
-$25,000
-45.54%
Current Estimated Value
$140,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,650

Purchase Details

Closed on
Oct 3, 2017
Sold by
Selene Finance Lp
Bought by
Castlerock 2017 Llc

Purchase Details

Closed on
Jun 20, 2012
Sold by
Hastings Paula Dorton
Bought by
Dorton Ii Frederick H

Purchase Details

Closed on
Jan 31, 2007
Sold by
Talbert Bobby Joe and Talbert Flora M
Bought by
Dorton Fredrick and Dorton Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
10.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mauldin Randy Darrell $30,000 None Available
Castlerock 2017 Llc $30,000 Attorney
Dorton Ii Frederick H -- None Available
Dorton Fredrick $69,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorton Fredrick $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $29,900 -45.5% $32 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $54,900 -- $58 / 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
2023 $769 $63,010 $12,652 $50,358
2022 $769 $63,010 $12,652 $50,358
2021 $769 $63,010 $12,652 $50,358
2020 $738 $56,906 $10,845 $46,061
2019 $745 $56,906 $10,845 $46,061
2018 $622 $47,454 $10,845 $36,609
2017 $598 $47,454 $10,845 $36,609
2016 $607 $48,182 $10,393 $37,789
2015 $613 $48,182 $10,393 $37,789
2014 $752 $48,182 $10,393 $37,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3335371

Canopy MLS (Canopy Realtor® Association)

APN: 6538-02-79-1365