NOT LISTED FOR SALE

1516 Melchor Rd Albemarle, NC 28001

Estimated Value: $359,456 - $457,000

4 Beds
2.5 Baths
2,070 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $345,000 $167 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,340/month

43 Days on Market

Highlights

  • Attached Garage
  • Central Heating and Cooling System
  • Gas Fireplace
  • Laundry Room
  • Partially Fenced Property

About This Home

As of March 2024

Do you have a growing family and need extra space? Look no further than this 4 bedroom 2 and a half bath home in this beautiful Albemarle neighborhood. Between the flex space downstairs and the large yard, this home will be the perfect solution for your family or your guests! Schedule a showing before you miss out on this beautiful home!

Last Agent to Sell the Property

Greyson Lunsford

Deeter Real Estate Brokerage Email: greysonl13@gmail.com License #308891 Listed on: 12/28/2023

Last Buyer's Agent

Jennifer Villalobos

Keller Williams South Park License #344998

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Partially Fenced Property
  • Cleared Lot
  • Property is zoned R-10

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 654904710899

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Second Living Quarters: Main Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.67
  • Geocode Confidence: High
  • Attribution Contact: greysonl13@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1035
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1035
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2070
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Living Area: 2070
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Partial
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Lower Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Acres
  • Parcel Number: 654904710899
  • 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 28, 2023
Closed on
Mar 8, 2024
Sold by
Sabot Cameron Dean and Sabol Meagan Rose
Bought by
Cortes Miguel Angel Sanche and Sanchez Ada Imelda
Seller's Agent
Greyson Lunsford
Deeter Real Estate
Buyer's Agent
Jennifer Villalobos
Keller Williams South Park
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
213
Current Estimated Value
$388,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,114
Avg. Annual Appreciation
6.54%
Original Mortgage
$333,485
Outstanding Balance
$327,938
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$60,176

Purchase Details

Closed on
Feb 14, 2017
Sold by
Curlee Deidra Angelenna Stroud and Curlee James David
Bought by
Sabol Cameron Dean and Sabol Meagan Rose Mcswain

Purchase Details

Closed on
Dec 4, 2012
Sold by
Cole Joseph E and Cole Deidra A
Bought by
Cole Deidra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Miskell Timothy F and Miskell Susan J
Bought by
Cole Joseph E and Cole Deidra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
4.59%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cortes Miguel Angel Sanche $345,000 Investors Title
Sabol Cameron Dean $168,000 None Available
Cole Deidra A -- None Available
Cole Joseph E $151,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Miguel Angel Sanche $333,485
Previous Owner Cole Deidra A $145,000
Previous Owner Cole Joseph E $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $345,000 -2.8% $167 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $354,900 -1.4% $171 / Sq Ft
01/11/2024 01/11/24 Price Changed $360,000 -4.0% $174 / Sq Ft
12/28/2023 12/28/23 For Sale $375,000 -- $181 / 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 $3,861 $344,740 $43,956 $300,784
2024 $2,397 $196,443 $25,974 $170,469
2023 $2,397 $196,443 $25,974 $170,469
2022 $2,397 $196,443 $25,974 $170,469
2021 $2,397 $196,443 $25,974 $170,469
2020 $2,135 $164,648 $25,974 $138,674
2019 $2,157 $164,648 $25,974 $138,674
2018 $2,157 $164,648 $25,974 $138,674
2017 $2,075 $164,648 $25,974 $138,674
2016 $2,064 $163,822 $27,972 $135,850
2015 $2,085 $163,822 $27,972 $135,850
2014 $2,209 $163,822 $27,972 $135,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4096557

Canopy MLS (Canopy Realtor® Association)

APN: 6549-04-71-0899