NOT LISTED FOR SALE

215 E Cannon Ave Albemarle, NC 28001

Estimated Value: $151,000 - $206,000

3 Beds
1 Bath
1,708 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $67,500 $40 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,087/month

6 Days on Market

About This Home

As of January 2020

Great potential for owner occupant or investor buyers!! Shotgun style bungalow ripe for a renovation with large front living space, dining adjacent, and kitchen thereafter, all with abundant elbow room. See floor plan attached. Home offers potential to convert to 2/2 with extensive master suite or 3/2 by capturing a bedroom, large hallway et al. Let the creative juices run wild, Space to add second bath in multiple locations in this home with a J&J arrangement or other options. Large lot with Carport and detached garage, durable metal roof, rewiring, HVAC and plumbing work done over the years. This home is a great candidate for cosmetic Reno or a deeper investment, don't miss the chance to make this property work for you by earning a bit of instant equity.

Last Agent to Sell the Property

Joe Barlek

Carolina Alpine Property Management LLC License #290487 Listed on: 12/06/2019

Co-Listed By

Steve Casselman

EXP Realty LLC Ballantyne License #272611

Last Buyer's Agent

Oleg Kravchenko

Home Team Pros License #274235

Home Details

Home Type

  • Single Family

Lot Details

  • 0.43

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 6548-01-37-6324

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.84481
  • Ratio Close Price By Original Li: 0.84481
  • Ratio Current Price By Acre: 156976.74
  • Ratio Current Price By Sq Ft: 39.52
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace Description: FAMILYRM
  • Flooring: Carpet, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1708
  • Total Sq Ft: 1708
  • Sq Ft Unheated Main: 299
  • Sq Ft Unheated Total: 299

Exterior Features

  • Construction: Hardboard Siding, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: Per Tax Records
  • Lot Size Area: 0.430
  • Parcel Number: 6548-01-37-6324
  • Zoning Specification: R-8

Tax Info

  • Tax Value: 63125.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jan 28, 2020
Sold by
Corner Lot Properties Llc
Bought by
Virkh Pavel and Virkh Lyubov
Seller's Agent
Joe Barlek
Carolina Alpine Property Management LLC
Buyer's Agent
Oleg Kravchenko
Home Team Pros
List Price
$79,900
Sold Price
$67,500
Premium/Discount to List
-$12,400
-15.52%
Current Estimated Value
$186,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,513
Avg. Annual Appreciation
19.46%

Purchase Details

Closed on
Oct 2, 2019
Sold by
Fast Monty L and Fast Geneieve Bennett
Bought by
Corner Lot Properties Llc
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
Virkh Pavel $67,500 Barristers Title
Corner Lot Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $67,500 -15.5% $40 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $79,900 -- $47 / 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 $1,165 $104,060 $18,289 $85,771
2024 $846 $69,351 $10,129 $59,222
2023 $846 $69,351 $10,129 $59,222
2022 $846 $69,351 $10,129 $59,222
2021 $846 $69,351 $10,129 $59,222
2020 $819 $63,125 $9,003 $54,122
2019 $827 $63,125 $9,003 $54,122
2018 $827 $63,125 $9,003 $54,122
2017 $795 $63,125 $9,003 $54,122
2016 $783 $62,103 $9,003 $53,100
2015 $790 $62,103 $9,003 $53,100
2014 $792 $62,103 $9,003 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3573520

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-37-6324