$245,000
SOLD APR 16, 2024

1331 E Cannon Ave Albemarle, NC 28001

3 Beds
3 Baths
1,319 Sq Ft
0.26 Acres

Recently Sold

$186 Per Sq Ft

2% Below List Price

35 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Laundry Room
  • 1-Story Property
  • 1 Car Detached Garage
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2024

This charming home features 3 bedrooms and 3 bathrooms, offering ample space for comfortable living. The main living areas feature new Luxury Vinyl Plank flooring, creating a modern and inviting atmosphere. The updated kitchen is sure to impress with its stylish design. A master bathroom has been added, complete with a double vanity and a beautiful marble countertop. Fresh paint throughout the house enhances its appeal. Situated on a level lot, this property also includes a detached garage/workshop, providing additional storage or workspace options. The utility/laundry room adds convenience to your daily routine. Both the HVAC system and roof were replaced in 2021, ensuring peace of mind for years to come. Don't miss out on the opportunity to make this lovely house your new home! *Appraisal credit with preferred lender!*

Last Agent to Sell the Property

Bri Russell

The Agency - Charlotte Brokerage Email: brianna.russell@exprealty.com License #130857 Listed on: 02/05/2024

The Agency - Charlotte

Last Buyer's Agent

Emir Portanova

Paola Alban Realtors License #305652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1935

Lot Details

  • Level Lot
  • Property is zoned R-10

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Separate Outdoor Workshop
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6558-01-07-1531

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,255

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Restrictions: N/A
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.75
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: brianna.russell@exprealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1319
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1319
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1319
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: washer and dryer
  • Construction Type: Vinyl
  • Other Structures: Workshop

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Utility Room, Inside
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 6558-01-07-1531
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 16, 2024
Sold by
Kroger Jordyn M
Bought by
Corral Eliseo Mata and Cervantes Rita Berenise
Seller's Agent
Bri Russell
The Agency - Charlotte
Buyer's Agent
Emir Portanova
Paola Alban Realtors
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Views
82
Current Estimated Value
$251,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,005
Avg. Annual Appreciation
1.91%
Original Mortgage
$220,500
Outstanding Balance
$217,916
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$33,089

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 13, 2020
Sold by
Leake Jasmine B and Leafer Glenn
Bought by
Kroger Jordyn M
Seller's Agent
Michele Browne
Deeter Real Estate
Buyer's Agent
Michele Browne
Deeter Real Estate
List Price
$119,900
Sold Price
$103,000
Premium/Discount to List
-$16,900
-14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.12%
Original Mortgage
$99,562
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2013
Sold by
Cauble John M and Cauble Trista
Bought by
Leake Jimmy R and Leake Jasmine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cauble John M

Purchase Details

Closed on
Feb 28, 2010
Sold by
Pulley Michael and Pulley Michael O
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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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 $245,000 None Listed On Document
Warranty Deed $103,000 None Available
Warranty Deed $84,000 None Available
Special Warranty Deed -- None Available
Trustee Deed $49,098 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,500 New Conventional
Previous Owner $99,562 FHA
Previous Owner $73,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $245,000 -2.0% $186 / Sq Ft
02/04/2024 02/04/24 For Sale $249,900 +142.6% $189 / Sq Ft
04/14/2020 04/14/20 Sold $103,000 -12.3% $61 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $117,500 -2.0% $70 / Sq Ft
01/31/2020 01/31/20 For Sale $119,900 0.0% $72 / Sq Ft
03/30/2016 03/30/16 Rented $750 0.0% --
03/30/2016 03/30/16 For Rent $750 -- --
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
2024 $1,255 $102,848 $8,100 $94,748
2023 $1,255 $102,848 $8,100 $94,748
2022 $1,255 $102,848 $8,100 $94,748
2021 $1,255 $102,848 $8,100 $94,748
2020 $950 $73,253 $7,200 $66,053
2019 $960 $73,253 $7,200 $66,053
2018 $960 $73,253 $7,200 $66,053
2017 $923 $73,253 $7,200 $66,053
2016 $883 $70,083 $7,200 $62,883
2015 $892 $70,083 $7,200 $62,883
2014 $634 $70,083 $7,200 $62,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4106187

Canopy MLS (Canopy Realtor® Association)

APN: 6558-01-07-1531