NOT LISTED FOR SALE

1503 E Main St Albemarle, NC 28001

Estimated Value: $196,000 - $240,860

3 Beds
2 Baths
2,293 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $195,000 $85 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,331/month

7 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • 1 Car Detached Garage
  • Corner Lot
  • Separate Outdoor Workshop
  • Laundry Room

About This Home

As of April 2024

Discover the charm of this 1927 gem in Albemarle, waiting for your personal touch. This home boasts hardwood floors, tall ceilings, a generous floor plan, and a cozy bonus room upstairs. Whether you need extra storage space in the basement, a workshop in the detached garage, or a quick commute to uptown or downtown Albemarle, this property has it all. Don’t let this opportunity pass you by—book a showing today and see how you can turn this home into your dream come true!

Last Agent to Sell the Property

Kimberly Lambert

HOMETOWN REALTY PROS LLC Brokerage Email: PropertieswithKim@gmail.com License #320263 Listed on: 03/02/2024

Last Buyer's Agent

Sabine Amoakon

Lantern Realty & Development, LLC License #316331

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 90x217
  • Wood Fence
  • Back Yard Fenced
  • Corner Lot
  • Property is zoned GHBD

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6558-03-04-2931

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1927
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 85.04
  • Geocode Confidence: High
  • Attribution Contact: PropertieswithKim@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2293
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 144
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 144
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Oven
  • Above Grade Finished Sq Ft: 2293
  • Has Basement: Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 2293
  • Bedroom Main: 3
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Partial, Wood
  • Construction Type: Brick Full
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling: Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Parcel Number: 6558-03-04-2931
  • Lot Size: 90x217
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GHBD

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Apr 8, 2024
Sold by
Ward Jaime and Ward Eden
Bought by
Lee Fredrick
Seller's Agent
Kimberly Lambert
HOMETOWN REALTY PROS LLC
Buyer's Agent
Sabine Amoakon
Lantern Realty & Development, LLC
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
43
Current Estimated Value
$220,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,965
Avg. Annual Appreciation
10.51%
Original Mortgage
$197,000
Outstanding Balance
$194,960
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$25,096

Purchase Details

Closed on
Apr 18, 2019
Sold by
Sedano Cesar and Sedano Jaime Maria
Bought by
Eden Jaime Jesus and Eden Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sedano Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,200
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 12, 2013
Sold by
Best Robey C
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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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
Lee Fredrick $195,000 None Listed On Document
Eden Jaime Jesus -- None Available
Sedano Cesar -- None Available
Federal Home Loan Mortgage Corporation $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Fredrick $197,000
Previous Owner Jaime Maria H $49,000
Previous Owner Sedano Cesar $37,200
Previous Owner Purkey Dwayne $83,000
Previous Owner Purkey Dwayne $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $195,000 -2.5% $85 / Sq Ft
03/01/2024 03/01/24 For Sale $199,900 -- $87 / 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
2024 $1,260 $103,316 $13,608 $89,708
2023 $1,260 $103,316 $13,608 $89,708
2022 $1,260 $103,316 $13,608 $89,708
2021 $1,260 $103,316 $13,608 $89,708
2020 $1,150 $88,665 $12,096 $76,569
2019 $611 $88,665 $12,096 $76,569
2018 $1,162 $88,665 $12,096 $76,569
2017 $1,117 $88,665 $12,096 $76,569
2016 $1,137 $90,263 $12,096 $78,167
2015 $1,149 $90,263 $12,096 $78,167
2014 $1,497 $90,263 $12,096 $78,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4114755

Canopy MLS (Canopy Realtor® Association)

APN: 6558-03-04-2931