Seller's Agent in 2026
Thomas Elrod
Keller Williams Ballantyne Area
(704) 594-8001
555 Total Sales
1224 Bailey St Albemarle, NC 28001
Albemarle Area
2
Beds
1
Bath
921
Sq Ft
9,148
Sq Ft Lot
Highlights
- Traditional Architecture
- Covered Patio or Porch
- 1-Story Property
- No HOA
- Laundry Room
- Garage
About This Home
As of June 2026Investor and flipper opportunity in Albemarle. This 2-bedroom, 1-bath home is essentially a shell and will require a full renovation making it ideal for experienced investors looking for their next project. The property offers approximately 921 square feet on a level lot with an existing layout that includes a spacious living area, spacious closets, kitchen overlooking the private backyard, and covered rear stoop. Much of the demo and prep work has already been started, including newer drywall and doors, but the home still needs work throughout. Located just 1/2 mile from Main Street in downtown Albemarle providing easy access to local shops, restaurants and parks.
Last Agent to Sell the Property
Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #268537 Listed on: 05/15/2026
Co-Listed By
Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #278023
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 9,148 Sq Ft Lot
- Level Lot
- Property is zoned R-8, R8
Home Design
- Traditional Architecture
Interior Spaces
- 921 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Garage
- Driveway
Outdoor Features
- Covered Patio or Porch
Schools
- Central Elementary School
- Albemarle Middle School
- Albemarle High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6548-04-83-2721
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
Closed on
May 30, 2025
Sold by
Bought by
Purchase Details
Closed on
Sep 4, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 2011
Bought by
Purchase Details
Closed on
May 26, 2010
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
$885,000
Interest Rate
0.0502%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 2008
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
$185,000
Interest Rate
0.0586%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 2005
Sold by
Bought by
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Deed | $250,000 | None Available | |
| Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $140,000 | None Available | |
| Warranty Deed | $13,500 | 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $885,000 | Purchase Money Mortgage | |
| Previous Owner | $185,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Unknown |
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 |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Sold | $82,000 | -17.2% | $89 / Sq Ft |
| 05/15/2026 05/15/26 | For Sale | $99,000 | -- | $107 / 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 | $472 | $42,160 | $11,160 | $31,000 |
| 2024 | $236 | $19,313 | $3,720 | $15,593 |
| 2023 | $236 | $19,313 | $3,720 | $15,593 |
| 2022 | $236 | $19,313 | $3,720 | $15,593 |
| 2021 | $236 | $19,313 | $3,720 | $15,593 |
| 2020 | $245 | $18,869 | $3,348 | $15,521 |
| 2019 | $247 | $18,869 | $3,348 | $15,521 |
| 2018 | $247 | $18,869 | $3,348 | $15,521 |
| 2017 | $238 | $18,869 | $3,348 | $15,521 |
| 2016 | $280 | $22,235 | $3,348 | $18,887 |
| 2015 | $283 | $22,235 | $3,348 | $18,887 |
| 2014 | $433 | $22,235 | $3,348 | $18,887 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Elrod
-
Brian Boger
B
Seller Co-Listing Agent in 2026
Brian Boger
Keller Williams Ballantyne Area
(704) 779-2588
265 Total Sales
-
Eric Trejo
Buyer's Agent in 2026
Eric Trejo
Nestlewood Realty, LLC
(704) 302-4464
134 Total Sales
Map
Source: Canopy MLS
MLS Number: 4380736
APN: 6548-04-83-2721
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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