$168,000
SOLD MAR 19, 2019

20490 Indian Mound Rd Albemarle, NC 28001

3 Beds
1.5 Baths
1,602 Sq Ft
2.3 Acres

Recently Sold

$105 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Community Lake
  • Corner Lot
  • Fireplace
  • Ranch Style House
  • Separate Outdoor Workshop
  • Vinyl Flooring

About This Home

As of July 2023

Brick ranch with replacement windows 1997 Addition, large detached workshop and 2.3 acre corner lot. Convenient to Norwood, Albemarle and Lake Tillery. Hest pump replaced three years ago. 24 Hours notice required for showings. Owners will remove two dogs from the property during showings. Please arrive on time for scheduled showings.

Last Agent to Sell the Property

Robert Patterson

Lake Tillery Properties LLC License #266502 Listed on: 01/23/2019

Last Buyer's Agent

Cheryl Peeler

Carolina Homes Realty License #295510

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Separate Outdoor Workshop
  • Corner Lot
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6566-02-75-7480

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.96000
  • Ratio Close Price By Original Li: 0.96000
  • Ratio Current Price By Acre: 73043.48
  • Ratio Current Price By Sq Ft: 104.87
  • Year Built: 1963
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s)
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Unvented
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Sq Ft Additional: 1200
  • Main Level Sq Ft: 1602
  • Total Sq Ft: 1602

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Auto Shop, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Norwood
  • Middle School: South Stanly
  • High School: South Stanly

Lot Info

  • Lot Dimension: 335 by 295
  • Lot Features: Corner Lot
  • Lot Size Area: 2.300
  • Parcel Number: 6566-02-75-7480
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 126672.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 17, 2023
Sold by
Coone Ashley A
Bought by
Watson Debra L and Watson Barry R
Seller's Agent
Julie Broadway
Allen Tate/Southland Homes + Realty LLC
Buyer's Agent
Michael Seaton
Helen Adams Realty
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%
Views
53
Current Estimated Value
$292,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,214
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Apr 22, 2022
Sold by
Coone Ashley A
Bought by
Coone Ashley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 19, 2019
Sold by
Wallace Lacy I and Wallace Deborah Kay
Bought by
Coone Ashley A and Watters William H
Seller's Agent
Robert Patterson
Lake Tillery Properties LLC
Buyer's Agent
Cheryl Peeler
Carolina Homes Realty
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$151,200
Interest Rate
4.4%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Warranty Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Previous Owner $148,000 New Conventional
Previous Owner $151,200 Commercial
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $225,000 -15.1% $141 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $265,000 +57.7% $166 / Sq Ft
03/19/2019 03/19/19 Sold $168,000 -4.0% $105 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $175,000 -- $109 / 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
2024 $1,200 $168,961 $27,687 $141,274
2023 $1,297 $168,961 $27,687 $141,274
2022 $1,293 $168,399 $27,125 $141,274
2021 $1,291 $168,399 $27,125 $141,274
2020 $1,062 $127,599 $23,150 $104,449
2019 $1,079 $126,672 $23,150 $103,522
2018 $23 $126,672 $23,150 $103,522
2017 $975 $126,672 $23,150 $103,522
2016 $970 $125,922 $21,825 $104,097
2015 $1,077 $125,922 $21,825 $104,097
2014 $997 $125,922 $21,825 $104,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3467691

Canopy MLS (Canopy Realtor® Association)

APN: 6566-02-75-7480