197 N 2nd St Albemarle, NC 28001
Albemarle AreaAbout This Home
Residences at The Albemarle Hotel was built in 1923 and renovated in 2022. It is now a 29-unit apartment building with a lot of the history still intact. As soon as you walk in you can see and feel the history of the old hotel. It has been modernly updated, but keeping some of the unique history that you are bound to see at first glance. There are storage units available on-site for you to rent from $50-$70 a month. Christine's Wood Fire restaurant is currently being implemented on the first floor. You will have some great food available to you, just steps from your apartment, no need to even leave the building! A bar will be on the other side of the restaurant as well.
Ownership History
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Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
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 |
|---|---|---|---|
| $4,600,000 | -- | ||
| Albermarle Hotel | $320,000 | None Available |
Mortgage History
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| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $4,600,000 |
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 |
|---|---|---|---|---|
| 09/03/2026 09/03/26 | Off Market | $1,400 | -- | -- |
| 07/16/2026 07/16/26 | Price Changed | $1,400 | +24.4% | $3 / Sq Ft |
| 05/01/2026 05/01/26 | Price Changed | $1,125 | -2.2% | $2 / Sq Ft |
| 04/30/2026 04/30/26 | Price Changed | $1,150 | -6.1% | $2 / Sq Ft |
| 04/28/2026 04/28/26 | Price Changed | $1,225 | 0.0% | $2 / Sq Ft |
| 04/28/2026 04/28/26 | For Rent | $1,225 | +11.4% | -- |
| 08/08/2023 08/08/23 | For Rent | $1,100 | 0.0% | -- |
| 06/22/2023 06/22/23 | For Rent | $1,100 | 0.0% | -- |
| 06/19/2023 06/19/23 | For Rent | $1,100 | 0.0% | -- |
| 05/08/2023 05/08/23 | Price Changed | $1,100 | 0.0% | $2 / Sq Ft |
| 04/24/2023 04/24/23 | Price Changed | $1,100 | -15.4% | $2 / Sq Ft |
| 04/05/2023 04/05/23 | Price Changed | $1,300 | +18.2% | $3 / Sq Ft |
| 03/28/2023 03/28/23 | Price Changed | $1,100 | 0.0% | $2 / Sq Ft |
| 02/06/2023 02/06/23 | Price Changed | $1,100 | -21.4% | $2 / Sq Ft |
| 02/04/2023 02/04/23 | For Rent | $1,400 | -- | -- |
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 | $37,835 | $3,101,267 | $69,562 | $3,031,705 |
| 2024 | $32,540 | $2,465,174 | $55,650 | $2,409,524 |
| 2023 | $13,200 | $1,999,958 | $55,650 | $1,944,308 |
| 2022 | $7,569 | $1,146,779 | $55,650 | $1,091,129 |
| 2021 | $1,443 | $218,664 | $55,650 | $163,014 |
| 2020 | $1,690 | $242,169 | $55,650 | $186,519 |
| 2019 | $3,415 | $242,169 | $55,650 | $186,519 |
| 2018 | $3,415 | $242,169 | $55,650 | $186,519 |
| 2017 | $3,294 | $242,169 | $55,650 | $186,519 |
| 2016 | $3,387 | $249,080 | $55,650 | $193,430 |
| 2015 | $3,422 | $249,080 | $55,650 | $193,430 |
| 2014 | $4,412 | $249,080 | $55,650 | $193,430 |
Map
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Ask me questions while you tour the home.