NOT LISTED FOR SALE

1507 Melchor Rd Albemarle, NC 28001

Estimated Value: $507,300 - $587,000

3 Beds
4 Baths
3,854 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $420,000 $109 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,221/month

Highlights

  • Deck
  • Workshop
  • Front Porch
  • Wood Flooring
  • No HOA
  • Attached Garage

About This Home

As of December 2021

Beautiful! Move in ready home in Melchor Heights. Spacious main level with primary bed and bath, kitchen and family room. The cozy den features a gas log fireplace that opens to the back deck. Finished basement is perfect for entertaining guest. Half bath in basement does not have a vent and is not included in HSF. This home is a must see!

Last Agent to Sell the Property

Jessy Greene

Four Seasons Realty Albemarle Brokerage Email: jessybrite@gmail.com License #331676 Listed on: 12/10/2021

Last Buyer's Agent

Kelly Benton

Ross & Associates Real Estate License #185645

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.64 Acre Lot
  • Property is zoned R-10

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Cork
  • Tile

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • Attached Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Melchor Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6549-04-61-6872

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0.64 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 108.98
  • Attribution Contact: jessybrite@gmail.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Cork, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1936
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 569
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 818
  • Sq Ft Unheated Upper: 249
  • Sq Ft Upper: 828
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2764
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1090
  • Fireplace Features: Den, Gas, Gas Log
  • Living Area: 3854
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6549-04-61-6872
  • Development Status: Completed
  • Lot Size Acres: 0.64
  • Lot Size Sq Ft: 27878
  • 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
Dec 10, 2021
Closed on
Dec 29, 2021
Sold by
Sullivan and Pamela
Bought by
Burton Philip Andrew and Burton Brittany
Seller's Agent
Jessy Greene
Four Seasons Realty Albemarle
Buyer's Agent
Kelly Benton
Ross & Associates Real Estate
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$537,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,325
Avg. Annual Appreciation
6.03%
Original Mortgage
$357,000
Outstanding Balance
$329,020
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$208,305

Purchase Details

Closed on
Aug 11, 2014
Sold by
Lisk Benjamin L and Lisk Shannon E
Bought by
Sullivan Alexander Tyler and Sullivan Pamela Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2007
Sold by
Childress Paul T and Childress Brooke Y
Bought by
Lisk Benjamin Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2007
Sold by
Lisk Roger L and Lisk Jane G
Bought by
Lisk Benjamin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Burton Philip Andrew $420,000 Webster Law Office Pa
Sullivan Alexander Tyler $190,000 None Available
Lisk Benjamin Lane $44,500 None Available
Lisk Benjamin L $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Philip Andrew $357,000
Previous Owner Sullivan Alexander Tyler $180,000
Previous Owner Lisk Benjamin Lane $46,000
Previous Owner Lisk Benjamin L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $420,000 +0.2% $109 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $419,000 -- $109 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,105 $455,828 $45,619 $410,209
2024 $3,140 $257,349 $26,956 $230,393
2023 $3,140 $257,349 $26,956 $230,393
2022 $3,140 $257,349 $26,956 $230,393
2021 $3,140 $257,349 $26,956 $230,393
2020 $2,992 $230,678 $26,956 $203,722
2019 $3,022 $230,678 $26,956 $203,722
2018 $3,022 $230,678 $26,956 $203,722
2017 $2,907 $230,678 $26,956 $203,722
2016 $2,967 $235,513 $29,030 $206,483
2015 $2,998 $235,513 $29,030 $206,483
2014 $3,050 $235,513 $29,030 $206,483
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3810829

Canopy MLS (Canopy Realtor® Association)

APN: 6549-04-61-6872

Your Personal Tour Guide

Ask me questions while you tour the home.