NOT LISTED FOR SALE

1503 Melchor Rd Albemarle, NC 28001

Albemarle Area

Estimated Value: $640,652 - $741,000

4 Beds
4 Baths
3,780 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2020

Last sale price $408,000 $108 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,205 / mo

About This Home

This beautiful 4 bedroom home has all the room you could possibly need. On the main floor you will find 2 large bedrooms with on suite bathrooms! The front sitting room with large window is a perfect place to sit with your guests. Very large living room with the fireplace is a perfect place to spend your evenings with the family while cooking a great meal in the beautiful open kitchen with an amazing island! For the professional who works from home, you not be disappointed with this home office. Gorgeous wood floors flow through the main level, large windows through the house all tons of natural light. With all this don't for get about the 2+ acres the wonderful home sits on. Tons of storage and the large unfinished basement with high ceilings to make your own. this house has it all too much to list, don't for to put this on your must see list. You will not be disappointed.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 20, 2020
Sold by
Bought by
Seller's Agent
Michael Fullerton
Lantern Realty & Development
Buyer's Agent
Christy Bogle
Larry McGuire Realty
List Price
$425,000
Sold Price
$408,000
Premium/Discount to List
-$17,000
-4%
Current Estimated Value
$672,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,413
Avg. Annual Appreciation
9.16%
Original Mortgage
$326,400
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2018
Closed on
Dec 7, 2018
Sold by
Bought by
Seller's Agent
Elaine Hollins
Century 21 Russ Hollins, Realtors
Buyer's Agent
Kelly Hudson
Lantern Realty & Development
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0619%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$408,000 None Available
$375,000 None Available
$429,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $326,400
Previous Owner $106,000
Previous Owner $100,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $408,000 -4.0% $108 / Sq Ft View Prior Sale
10/02/2020 10/02/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $425,000 +13.3% $112 / Sq Ft
12/07/2018 12/07/18 Sold $375,000 -3.7% $99 / Sq Ft View Prior Sale
11/14/2018 11/14/18 Pending -- -- --
11/06/2018 11/06/18 Price Changed $389,500 -1.1% $103 / Sq Ft
09/06/2018 09/06/18 Price Changed $394,000 -1.3% $104 / Sq Ft
04/27/2018 04/27/18 For Sale $399,000 -- $106 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,151 $549,219 $43,840 $505,379
2024 $612 $409,684 $25,560 $384,124
2023 $518 $409,684 $25,560 $384,124
2022 $4,998 $409,684 $25,560 $384,124
2021 $4,998 $409,684 $25,560 $384,124
2020 $4,874 $375,792 $22,615 $353,177
2019 $1,318 $375,792 $22,615 $353,177
2018 $1,601 $375,792 $22,615 $353,177
2017 $4,735 $375,792 $22,615 $353,177
2016 $5,003 $397,088 $22,300 $374,788
2015 $5,054 $397,088 $22,300 $374,788
2014 $5,091 $397,088 $22,300 $374,788
Source: Public Records

Agents Affiliated with this Home

  • Michael Fullerton

    Seller's Agent in 2020

    Michael Fullerton

    Lantern Realty & Development

    (980) 318-4961

    80 Total Sales

    Michael Fullerton
    Section Image
  • Christy Bogle

    Buyer's Agent in 2020

    Christy Bogle

    Larry McGuire Realty

    (704) 425-1163

    40 Total Sales

    Christy Bogle
    Section Image
  • Elaine Hollins

    Seller's Agent in 2018

    Elaine Hollins

    Century 21 Russ Hollins, Realtors

    (704) 983-2114

    60 Total Sales

    Elaine Hollins
    Section Image

  • K

    Buyer's Agent in 2018

    Kelly Hudson

    Lantern Realty & Development

    Section Image
See All Agents

Map

North Carolina Stanly County Albemarle 28001

1503 Melchor Rd, Albemarle, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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