NOT LISTED FOR SALE

205 Palmer St Albemarle, NC 28001

Estimated Value: $220,000 - $229,000

3 Beds
1.5 Baths
1,410 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $136,000 $96 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,350/month

2 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Level Lot
  • Fireplace
  • Many Trees

About This Home

As of September 2020

What an adorable Bungalow!! Gorgeous 3 bed, full brick home tucked away on a picturesque lot on a quiet street. You'll feel right at home the minute you step onto this amazing front porch, perfect for your trendy outdoor living space. It's classic front entry invites you into a well-preserved beauty with original hardwood floors, spacious rooms with bold trim, high ceilings and multiple decorative fireplaces. ALL the good stuff! A large eat-in kitchen, 2 large bedrooms, one smaller bedroom that is currently being used as an office, full bath and a half bath. Enjoy spending time outside? Pick a spot to relax or fire up a grill in this large back yard tailor-made for all your outdoor ideas. BONUS.. The HVAC is only 3-4 yrs old, there will be a NEW roof installed prior to closing and the front porch, entry and trim around the home is scheduled for fresh paint! It's going to be GORGEOUS!! Welcome to your beautiful home!

Last Agent to Sell the Property

Jody Clodfelter

Lantern Realty & Development License #297153 Listed on: 07/01/2020

Last Buyer's Agent

Christin Masten

Keller Williams Unlimited License #297479

Keller Williams Unlimited

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • Level Lot
  • Many Trees

Home Design

  • Bungalow

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Crawl Space

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6538-04-83-9898

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00369
  • Ratio Close Price By Original Li: 1.01873
  • Ratio Current Price By Acre: 438709.68
  • Ratio Current Price By Sq Ft: 96.45
  • Year Built: 1923
  • 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: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Fireplace Description: Den, Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1410
  • Total Sq Ft: 1410

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 0.310
  • Parcel Number: 6538-04-83-9898
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 75379.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 14, 2020
Sold by
Nesley Kay S
Bought by
Austin Kacey T
Seller's Agent
Jody Clodfelter
Lantern Realty & Development
Buyer's Agent
Christin Masten
Keller Williams Unlimited
List Price
$133,500
Sold Price
$136,000
Premium/Discount to List
$2,500
1.87%
Current Estimated Value
$224,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,229
Avg. Annual Appreciation
10.39%
Original Mortgage
$137,373
Outstanding Balance
$121,909
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$102,320

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 9, 2020
Sold by
Nesley Kay S
Bought by
Austin Kacey T
Seller's Agent
Jody Clodfelter
Lantern Realty & Development
Buyer's Agent
Christin Masten
Keller Williams Unlimited
List Price
$133,500
Sold Price
$136,000
Premium/Discount to List
$2,500
1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,373
Outstanding Balance
$121,909
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$102,320

Purchase Details

Closed on
Mar 27, 2008
Sold by
Morris Henry T and Morris Judy M
Bought by
Ensley Kay S

Purchase Details

Closed on
Nov 16, 2005
Sold by
Morris Henry T
Bought by
Morris Henry T and Morris Judy M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Austin Kacey T $136,000 None Available
Austin Kacey T $136,000 None Available
Ensley Kay S $97,000 None Available
Morris Henry T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Kacey T $137,373
Closed Austin Kacey T $137,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $136,000 +0.4% $96 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $135,500 +1.5% $96 / Sq Ft
07/01/2020 07/01/20 For Sale $133,500 -- $95 / 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 $1,879 $167,726 $21,375 $146,351
2024 $1,522 $124,745 $11,400 $113,345
2023 $1,522 $124,745 $11,400 $113,345
2022 $1,522 $124,745 $11,400 $113,345
2021 $1,522 $124,745 $11,400 $113,345
2020 $978 $75,379 $9,690 $65,689
2019 $987 $75,379 $9,690 $65,689
2018 $559 $75,379 $9,690 $65,689
2017 $950 $75,379 $9,690 $65,689
2016 $911 $72,301 $8,550 $63,751
2015 $920 $72,301 $8,550 $63,751
2014 $868 $72,301 $8,550 $63,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3636477

Canopy MLS (Canopy Realtor® Association)

APN: 6538-04-83-9898