$390,000
SOLD AUG 14, 2025

1201 Colonial Dr Albemarle, NC 28001

3 Beds
2 Baths
2,212 Sq Ft
0.6 Acres

Recently Sold

$176 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Deck
  • Corner Lot
  • Front Porch
  • Wood Flooring
  • Separate Outdoor Workshop
  • 2 Car Attached Garage

About This Home

As of August 2025

Check out this beautifully maintained, all brick home in the Melchor Heights subdivision. This one-story spacious home is meticulously kept inside and out. There are many added features and upgrades including custom window treatments, granite fireplace with gas logs, granite counter built-ins, stainless appliances, dual water heaters, replacement windows throughout, new garage door, vinyl fencing with vinyl railing around the deck, and a vintage Schonbek chandelier in the formal dining room. There is ample parking with an attached double car garage and concrete pad. The detached 375 sq. ft. workshop is heated and cooled with a single attached carport. The well-groomed mature landscaping surrounds the property with a floral garden area in the backyard. This home is located on a corner lot, offers privacy in the back yard, and is move in ready! This home is a must see!

Last Agent to Sell the Property

Pate Butler

Lantern Realty & Development Brokerage Email: Realestatewithpate@gmail.com License #335785 Listed on: 07/18/2025

Last Buyer's Agent

Gregory Speight

Larry McGuire Realty License #330650

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot
  • Property is zoned R-10

Parking

  • 2 Car Attached Garage
  • 1 Detached Carport Space
  • 2 Open Parking Spaces

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Front Porch

Farming

  • Packing Shed

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • Melchor Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6549-04-70-9353

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 176.31
  • Geocode Confidence: High
  • Attribution Contact: Realestatewithpate@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2212
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator
  • Other Equipment: Other - See Remarks
  • Above Grade Finished Sq Ft: 2212
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 2212
  • Window Features: Window Treatments
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial, Privacy
  • Construction Type: Brick Full
  • Other Structures: Packing Shed, Workshop
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 6549-04-70-9353
  • Additional Parcels: No
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 14, 2025
Sold by
Burleson Shirley Y
Bought by
Smith Jimmy Allan and Smith Carol Ann
Seller's Agent
Pate Butler
Lantern Realty & Development
Buyer's Agent
Gregory Speight
Larry McGuire Realty
List Price
$398,500
Sold Price
$390,000
Premium/Discount to List
-$8,500
-2.13%
Views
7
Current Estimated Value
$391,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Martin Roger and Martin Gina H
Bought by
Burleson Raymond and Burleson Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2009
Sold by
Kinlaw Max N and Kinlaw Nora Dean
Bought by
Martin Jimmie E and Martin Kathleen King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.79%
Mortgage Type
Unknown
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 None Listed On Document
Warranty Deed $191,500 None Available
Warranty Deed $221,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $75,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 Sold $390,000 -2.1% $176 / Sq Ft
07/19/2025 07/19/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $398,500 -- $180 / 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 $3,423 $305,585 $42,768 $262,817
2024 $40 $223,969 $25,272 $198,697
2023 $2,732 $223,969 $25,272 $198,697
2022 $2,732 $223,969 $25,272 $198,697
2021 $2,732 $223,969 $25,272 $198,697
2020 $2,542 $196,036 $25,272 $170,764
2019 $2,568 $196,036 $25,272 $170,764
2018 $2,568 $196,036 $25,272 $170,764
2017 $2,470 $196,036 $25,272 $170,764
2016 $2,446 $194,138 $27,216 $166,922
2015 $2,471 $194,138 $27,216 $166,922
2014 $2,076 $173,326 $27,216 $146,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4282854

Canopy MLS (Canopy Realtor® Association)

APN: 6549-04-70-9353