NOT LISTED FOR SALE

129 Jefferson Ave Albemarle, NC 28001

Estimated Value: $114,000 - $131,088

2 Beds
2 Baths
868 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $50,295 $58 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $700/month

9 Days on Market

About This Home

As of September 2020

Attention Investors: 2 Bedroom, 2 Bathroom Home in Albemarle, Conveniently Located Near Hwy 24/27, Hwy 52 and Hwy 73 (Concord Rd) with Restaurants and Shopping Nearby. Roof replaced in 2019. New front porch railing 2020. Property is currently tenant occupied month-to-month. Tenant is willing to stay or vacate with 30 day notice, whichever new buyer prefers. Interior photos are before tenant moved in.

Last Agent to Sell the Property

Tina Gibson

Your Home Sold Guaranteed Real License #301226 Listed on: 08/22/2020

Your Home Sold Guaranteed Real

Last Buyer's Agent

Tina Gibson

Your Home Sold Guaranteed Real License #301226 Listed on: 08/22/2020

Your Home Sold Guaranteed Real

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Corner Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 6538-04-74-8810

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.74511
  • Ratio Close Price By Original Li: 0.74511
  • Ratio Current Price By Acre: 201180.00
  • Ratio Current Price By Sq Ft: 57.94
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Electric Dryer Hookup, Electric Oven, Electric Range
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 868
  • Total Sq Ft: 868

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 75 X 150
  • Lot Features: Corner Lot
  • Parcel Number: 6538-04-74-8810
  • Plat Book Slide: 1/118
  • Zoning Specification: R-8

Tax Info

  • Tax Value: 34487.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Mohammed Mudassar and Jahan Saba
Bought by
Exousia Investments Llc
Current Estimated Value
$122,363

Purchase Details

Closed on
Jan 19, 2021
Sold by
Mohammed Mudassar and Jahan Saba
Bought by
Exousia Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2020
Closed on
Sep 10, 2020
Sold by
Mcdonald Aaron R and Mcdonald Janis C
Bought by
Exousia Investments Llc
Seller's Agent
Tina Gibson
Your Home Sold Guaranteed Real
Buyer's Agent
Tina Gibson
Your Home Sold Guaranteed Real
List Price
$67,500
Sold Price
$50,295
Premium/Discount to List
-$17,205
-25.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%

Purchase Details

Closed on
May 16, 2008
Sold by
Hatley Chad and Hatley Jennifer
Bought by
Mcdonald Aaron R and Moten Janis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Exousia Investments Llc -- None Available
Exousia Investments Llc -- None Available
Mohammed Mudassar -- None Available
Exousia Investments Llc $50,500 None Available
Mcdonald Aaron R $41,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohammed Mudassar $53,250
Previous Owner Mcdonald Aaron R $36,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $50,295 -25.5% $58 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $67,500 -- $78 / 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 $786 $70,142 $12,375 $57,767
2024 $523 $42,832 $6,300 $36,532
2023 $523 $42,832 $6,300 $36,532
2022 $523 $42,832 $6,300 $36,532
2021 $523 $42,832 $6,300 $36,532
2020 $447 $34,487 $5,400 $29,087
2019 $452 $34,487 $5,400 $29,087
2018 $278 $34,487 $5,400 $29,087
2017 $435 $34,487 $5,400 $29,087
2016 $448 $35,565 $5,175 $30,390
2015 $453 $35,565 $5,175 $30,390
2014 $471 $35,565 $5,175 $30,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654246

Canopy MLS (Canopy Realtor® Association)

APN: 6538-04-74-8810