$164,000 - $205,000
RENTED APR 1, 2025

203 E Cannon Ave Albemarle, NC 28001

2 Beds
1 Bath
1,296 Sq Ft
$145 Price per Sq Ft

Last Sold September 20, 2017

Last sale price $55,050 $42 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,083/month

Highlights

  • Deck
  • Corner Lot
  • Fireplace
  • Wood Flooring
  • Wrap Around Porch
  • Laundry Room

About This Home

As of April 2025

Cute, well-maintained bungalow, situated on an elevated lot at the Corner of East Cannon and North Third Street. Wrap around covered front porch provides a scenic view as well as an inviting space to greet friends and neighbors. Rear entrance driveway off of North Third Street leads to carport and rear deck with ramp for easy access. Large living and dining room areas. Updated kitchen with newer appliances. Two separated bedrooms, central hallway. Bathroom includes laundry area.

Last Agent to Rent the Property

Chris Morgan

Larry McGuire Realty Brokerage Email: chris@chrismorganrealty.com License #302397 Listed on: 03/20/2025

Last Renter's Agent

Chris Morgan

Larry McGuire Realty Brokerage Email: chris@chrismorganrealty.com License #302397 Listed on: 03/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1920

Lot Details

  • Corner Lot
  • Property is zoned R-8

Parking

  • Detached Carport Space

Home Design

  • Bungalow

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Wiscassett Mills Company Village Subdivision

Listing and Financial Details

  • Security Deposit $1,400
  • Property Available on 3/20/25
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 6548 01 37 4361

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2025-03-20
  • Security Deposit: 1400
  • Application Fee: 55

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1920
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.08
  • Geocode Confidence: High
  • Attribution Contact: chris@chrismorganrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Other, Pantry, Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1296
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Exhaust Hood, Refrigerator
  • Above Grade Finished Sq Ft: 1296
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other - See Remarks
  • Living Area: 1296
  • Bedroom Main: 2
  • Room Count: 6
  • Move In Fee: 0

Exterior Features

  • Roof: Fiberglass
  • Patio And Porch Features: Covered, Deck, Front Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 6548 01 37 4361
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Sep 20, 2017
Sold by
Nance Chucky L and Nance Jennifer R
Bought by
Davenport Betty
Seller's Agent
Larry McGuire
Larry McGuire Realty
Buyer's Agent
Weesie Lowder
My Dream Home Realty
List Price
$74,900
Sold Price
$55,050
Premium/Discount to List
-$19,850
-26.5%
Current Estimated Value
$187,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,537
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Feb 11, 2017
Sold by
Deese Jeffrey Lee and Deese Tammy B
Bought by
Nance Chucky Lee
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davenport Betty $55,500 None Available
Nance Chucky Lee $30,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $1,400 0.0% --
03/20/2025 03/20/25 For Rent $1,400 0.0% --
09/20/2017 09/20/17 Sold $55,050 -26.5% $44 / Sq Ft View Prior Sale
07/03/2017 07/03/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $74,900 -- $60 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

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 $1,010 $90,218 $14,480 $75,738
2024 $791 $64,825 $8,020 $56,805
2023 $791 $64,825 $8,020 $56,805
2022 $395 $64,825 $8,020 $56,805
2021 $395 $64,825 $8,020 $56,805
2020 $318 $49,484 $7,128 $42,356
2019 $321 $49,484 $7,128 $42,356
2018 $648 $49,484 $7,128 $42,356
2017 $624 $49,484 $7,128 $42,356
2016 $644 $51,087 $7,128 $43,959
2015 $650 $51,087 $7,128 $43,959
2014 $351 $51,087 $7,128 $43,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4237306

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-37-4361