Seller's Agent in 2021
Michael St. Germain
EXP Realty LLC Ballantyne
(704) 550-9020
102 Total Sales
1235 Freeman Ave Albemarle, NC 28001
Estimated Value: $157,000 - $191,666
2
Beds
2
Baths
1,500
Sq Ft
$116/Sq Ft
Est. Value
About This Home
As of May 2021Whether you are you looking to add to your Rental Portfolio or for a property to occupy and have the other side help pay the mortgage - then take a look at this duplex! Both units currently occupied, MTM leases. Located within a short drive to the new Pfeiffer Health Sciences Campus, Morrow Mountain State Park, Badin & Lake Tillery plus close to shopping & restaurants! Great return with $12,600 in Current Annual Income! Please Do Not Disturb Tenants - No Showings Until Under Contract.
Last Agent to Sell the Property
EXP Realty LLC Ballantyne License #277314 Listed on: 02/16/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 0.42
Parking
- Gravel Driveway
Home Design
- Duplex
Flooring
- Wood
- Vinyl
Additional Features
- 2 Full Bathrooms
- Crawl Space
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 6548-02-85-6665
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2021
Closed on
May 12, 2021
Sold by
Jls Stanco Properties Llc
Bought by
Carolina S Finest Properties Llc
Seller's Agent
Michael St. Germain
EXP Realty LLC Ballantyne
Buyer's Agent
Anna Howard
Anna Howard Realty LLC
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,667
Avg. Annual Appreciation
11.49%
Original Mortgage
$84,000
Outstanding Balance
$76,006
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$98,661
Purchase Details
Closed on
Sep 30, 2019
Sold by
Larsan Properties Llc
Bought by
Jls Stanco Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 24, 2017
Closed on
Oct 30, 2017
Sold by
Whitley Joel E and Smith Sharon D
Bought by
Larsan Properties Llc
Seller's Agent
Brenda Farmer
Country Home Real Estate
Buyer's Agent
Michael St. Germain
EXP Realty LLC Ballantyne
List Price
$58,500
Sold Price
$46,000
Premium/Discount to List
-$12,500
-21.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carolina S Finest Properties Llc | $105,000 | None Available | |
| Jls Stanco Properties Llc | $85,000 | None Available | |
| Larsan Properties Llc | $46,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carolina S Finest Properties Llc | $84,000 | |
| Previous Owner | Jls Stanco Properties Llc | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $105,000 | 0.0% | $70 / Sq Ft | |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- | |
| 03/15/2021 03/15/21 | Off Market | $105,000 | -- | -- | |
| 02/16/2021 02/16/21 | For Sale | $120,000 | +160.9% | $80 / Sq Ft | |
| 11/01/2017 11/01/17 | Sold | $46,000 | -21.4% | $31 / Sq Ft | View Prior Sale |
| 09/23/2017 09/23/17 | Pending | -- | -- | -- | |
| 04/24/2017 04/24/17 | For Sale | $58,500 | -- | $39 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,252 | $111,786 | $21,021 | $90,765 |
| 2024 | $1,004 | $82,277 | $11,642 | $70,635 |
| 2023 | $1,004 | $82,277 | $11,642 | $70,635 |
| 2022 | $970 | $82,277 | $11,642 | $70,635 |
| 2021 | $1,004 | $82,277 | $11,642 | $70,635 |
| 2020 | $598 | $46,085 | $10,348 | $35,737 |
| 2019 | $604 | $46,085 | $10,348 | $35,737 |
| 2018 | $765 | $58,393 | $10,348 | $48,045 |
| 2017 | $736 | $58,393 | $10,348 | $48,045 |
| 2016 | $701 | $55,656 | $10,348 | $45,308 |
| 2015 | $708 | $55,656 | $10,348 | $45,308 |
| 2014 | $693 | $55,656 | $10,348 | $45,308 |
Source: Public Records
Agents Affiliated with this Home
-
Michael St. Germain
-
Sheila St Germain
Seller Co-Listing Agent in 2021
Sheila St Germain
EXP Realty LLC Ballantyne
(704) 800-6331
350 Total Sales
-
Anna Howard
Buyer's Agent in 2021
Anna Howard
Anna Howard Realty LLC
(704) 726-6146
20 Total Sales
-
Brenda Farmer
Seller's Agent in 2017
Brenda Farmer
Country Home Real Estate
(704) 791-5437
40 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3709124
APN: 6548-02-85-6665
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