1224 Bailey St Albemarle, NC 28001
Estimated payment $575/month
Highlights
- Very Popular Property
- No HOA
- Laundry Room
- Traditional Architecture
- Covered Patio or Porch
- 1-Story Property
About This Home
Investor 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.
Listing Agent
Keller Williams Ballantyne Area Brokerage Email: listings@hprea.com License #268537 Listed on: 05/15/2026
Co-Listing Agent
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
Map
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $99,000 | -- | $107 / Sq Ft |
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 |
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 |
Source: Canopy MLS
MLS Number: 4380736
APN: 6548-04-83-2721
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Based on information submitted to the MLS GRID
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