NOT LISTED FOR SALE

150 S Morrow Ave Unit 1 Albemarle, NC 28001

Estimated Value: $236,000 - $294,000

0.18 Acre
$1,416,456 Price per Acre
7,841 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $28,333

Est. 800% increase in value since last sale

Current estimated payment $1,515/month

7 Days on Market

About This Lot

As of August 2023

Great level and cleared building lots. Lots 1, 2 and 3 for sale. This was one larger lot that the seller had divided into 3 separate lots. Priced $32500 per lot.

Last Agent to Sell the Property

Cindy Laton

Century 21 Russ Hollins, Realtors Brokerage Email: cindy.laton@century21.com License #170311 Listed on: 08/04/2023

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Brandy Sellers

Exit Realty Elite Properties License #227741

Exit Realty Elite Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,008

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned R8

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 654804742751

Property Details

Property Type

Land

Est. Annual Taxes

$2,008

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Use
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: cindy.laton@century21.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water Source: City, Tap Fee Required

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 654804742751
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Victory Builders Llc
Bought by
Brown Michael A and Brown Belinda Huntley
Current Estimated Value
$254,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,900
Outstanding Balance
$238,508
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$16,454

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 23, 2023
Sold by
Little Terris D
Bought by
Victory Builders Llc
Seller's Agent
Cindy Laton
Century 21 Russ Hollins, Realtors
Buyer's Agent
Brandy Sellers
Exit Realty Elite Properties
List Price
$32,500
Sold Price
$28,333
Premium/Discount to List
-$4,167
-12.82%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.18%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Brinson Edward Russell and Whitley Phyllis Ann Brinson
Bought by
Little Terris D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Michael A $241,900 None Listed On Document
Victory Builders Llc $85,000 None Listed On Document
Little Terris D $55,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael A $241,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $28,333 -12.8% --
08/04/2023 08/04/23 For Sale $32,500 -- --
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 $2,008 $179,301 $11,178 $168,123
2024 $1,640 $134,440 $3,726 $130,714
2023 $93 $7,592 $7,592 $0
2022 $969 $79,410 $7,592 $71,818
2021 $969 $79,410 $7,592 $71,818
2020 $835 $64,379 $6,833 $57,546
2019 $843 $64,379 $6,833 $57,546
2018 $843 $64,379 $6,833 $57,546
2017 $811 $64,379 $6,833 $57,546
2016 $933 $74,055 $6,833 $67,222
2015 $471 $74,055 $6,833 $67,222
2014 $461 $74,055 $6,833 $67,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4057117

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-74-2666