NOT LISTED FOR SALE

185 Arey Ave Albemarle, NC 28001

Estimated Value: $127,000 - $184,000

4 Beds
1 Bath
1,710 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $33,400 $20 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $900/month

1 Day on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Storm Doors

About This Home

As of August 2018

Investors come take a look at this home. Just needs a little TLC! 4 bedrooms and 1 bath home.

Last Agent to Sell the Property

Wendy Britt

Meldonna Britt Properties License #278026 Listed on: 07/16/2018

Last Buyer's Agent

Marcus Pryor

NorthGroup Real Estate LLC License #250507

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.36

Parking

  • 1

Home Design

  • Ranch Style House

Additional Features

  • 1 Full Bathroom
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 6548-04-74-9223

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.36 Acres

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.95702
  • Ratio Close Price By Original Li: 0.95702
  • Ratio Current Price By Acre: 92777.78
  • Ratio Current Price By Sq Ft: 19.53
  • Year Built: 1948
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Electric Range, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1710
  • Total Sq Ft: 1710
  • Sq Ft Unheated Basement: 500
  • Sq Ft Unheated Main: 360
  • Sq Ft Unheated Total: 860

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 6548-04-74-9223
  • Zoning Specification: R-8

Tax Info

  • Tax Value: 59167.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Thomas Investment Group Inc
Bought by
Trans4mation Homes Llc
Current Estimated Value
$155,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,400
Outstanding Balance
$227,015
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$71,515

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 1, 2018
Sold by
West Stanley Christian Ministries Inc
Bought by
Thomas Investment Group Inc
Seller's Agent
Wendy Britt
Meldonna Britt Properties
Buyer's Agent
Marcus Pryor
NorthGroup Real Estate LLC
List Price
$34,900
Sold Price
$33,400
Premium/Discount to List
-$1,500
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.50%

Purchase Details

Closed on
Jan 14, 2016
Sold by
Afre 1 Llc
Bought by
West Stanley Christian Ministries

Purchase Details

Closed on
Dec 15, 2014
Sold by
Armstrong Thomas W and Armstrong Marla J
Bought by
Afre 1 Llc and Armstrong Family Limited Liability Partn

Purchase Details

Closed on
Aug 31, 2009
Sold by
Bentley Ruby S
Bought by
Armstrong Thomas W

Purchase Details

Closed on
Sep 24, 2008
Sold by
Bentley David A and Bentley Janice F
Bought by
Bentley Ruby S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bentley Ruby A
Bought by
Bentley David A and Bentley Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
6.49%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 11, 2008
Sold by
Bentley David A and Bentley Janice F
Bought by
Bentley Ruby A

Purchase Details

Closed on
Dec 5, 2007
Sold by
Suntrust Bank
Bought by
Bentley David A and Bentley Janice F

Purchase Details

Closed on
Mar 8, 2007
Sold by
Davis Walter L
Bought by
Suntrust Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Trans4mation Homes Llc -- --
Thomas Investment Group Inc $33,500 None Available
West Stanley Christian Ministries -- Attorney
Afre 1 Llc -- None Available
Armstrong Marla J -- None Available
Armstrong Thomas W $65,000 None Available
Bentley Ruby S $57,000 None Available
Bentley David A -- None Available
Bentley Ruby A -- None Available
Bentley David A $25,000 None Available
Suntrust Bank $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trans4mation Homes Llc $235,400
Previous Owner Bentley Ruby S $56,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $33,400 -4.3% $20 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $34,900 0.0% $20 / Sq Ft
02/02/2012 02/02/12 Rented $650 0.0% --
01/03/2012 01/03/12 Under Contract -- -- --
12/12/2011 12/12/11 For Rent $650 -- --
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 $826 $73,719 $18,662 $55,057
2024 $729 $59,769 $6,220 $53,549
2023 $729 $59,769 $6,220 $53,549
2022 $729 $59,769 $6,220 $53,549
2021 $729 $59,769 $6,220 $53,549
2020 $767 $59,167 $5,598 $53,569
2019 $775 $59,167 $5,598 $53,569
2018 $775 $59,167 $5,598 $53,569
2017 $746 $59,167 $5,598 $53,569
2016 $771 $61,197 $5,598 $55,599
2015 $779 $61,197 $5,598 $55,599
2014 $854 $61,197 $5,598 $55,599
Source: Public Records

Agents Affiliated with this Home

  • Wendy Britt

    Seller's Agent in 2018

    Wendy Britt

    Meldonna Britt Properties

    (704) 458-7270

    9 Total Sales

    Wendy Britt
    Section Image

  • M

    Buyer's Agent in 2018

    Marcus Pryor

    NorthGroup Real Estate LLC

    (980) 621-6524

    19 Total Sales

    Marcus Pryor
    Section Image

  • L

    Seller's Agent in 2012

    Lynn Millen

    Millen Realty & Property Management

    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Bill Millen

    Millen Realty & Property Management

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3413955

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-74-9223

North Carolina Stanly County Albemarle 28001

185 Arey Ave, Albemarle, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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