NOT LISTED FOR SALE

218 N 8th St Albemarle, NC 28001

Estimated Value: $259,565 - $326,000

4 Beds
2 Baths
1,653 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $175,000 $106 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,720/month

80 Days on Market

Highlights

  • Wood Flooring
  • Separate Outdoor Workshop
  • Wood Burning Fireplace
  • Cottage
  • Level Lot

About This Home

As of March 2021

Move in ready in the heart of Albemarle. Beautiful oak trees surround this 1939 home with loads of original features, including built-ins and hardwood floors. New roof in 2020. New HVAC in 2018. The remodeled kitchen features granite countertops, stainless steel appliances, farmhouse sink and tile backsplash. Enclosed back porch with separate heat source. Fenced back yard. Upstairs will soon have a new Mini Split HVAC unit installed in hallway and A/C window unit will be removed. One bedroom has hallway closet, as was common in 1939. Small upstairs room would make a great sewing room, craft room, nursery or office. Still an opportunity for additional remodeling.

Last Agent to Sell the Property

Theresa Alexander

Country Home Real Estate License #241937 Listed on: 11/04/2020

Last Buyer's Agent

Tina Almond

EXP Realty LLC Ballantyne License #309459

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 9,583

Parking

  • 1

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Separate Outdoor Workshop
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 6548-02-55-9962

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Acre: 795454.55
  • Ratio Current Price By Sq Ft: 105.87
  • Year Built: 1939
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Refrigerator
  • Fireplace Description: Den, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1653
  • Total Sq Ft: 1653
  • Sq Ft Unheated Total: 531
  • Sq Ft Unheated Upper: 531

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 1 Car, Parking Space - 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimension: 142x52x143x79
  • Lot Features: Level
  • Lot Size Area: 0.220
  • Parcel Number: 6548-02-55-9962
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 108144.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Biedma Gregory L and Niven Teresa
Bought by
Biedma Gregory L and Niven Teresa
Current Estimated Value
$290,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$41,410
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$248,731

Purchase Details

Listed on
Nov 4, 2020
Closed on
Mar 26, 2021
Sold by
Ray Donald C and Ray Joyce A
Bought by
Biedma Gregory L
Seller's Agent
Theresa Alexander
Country Home Real Estate
Buyer's Agent
Tina Almond
EXP Realty LLC Ballantyne
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$181,300
Interest Rate
2.73%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 2017
Sold by
Ray Andrew C and Ray Kimberly D
Bought by
Ray Donald C and Ray Joyce A

Purchase Details

Closed on
Oct 8, 2015
Sold by
Basinger Stephen and Bassinger Tracy
Bought by
Ray Andrew C

Purchase Details

Closed on
Mar 22, 2005
Sold by
Brooks Jason D and Brooks Keisha A
Bought by
Basinger Stephen and Basinger Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Biedma Gregory L -- None Listed On Document
Biedma Gregory L -- None Listed On Document
Biedma Gregory L $175,000 None Available
Ray Donald C -- None Available
Ray Andrew C -- Attorney
Basinger Stephen $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biedma Gregory L $42,000
Closed Biedma Gregory L $42,000
Previous Owner Biedma Gregory L $181,300
Previous Owner Basinger Stephen $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $175,000 -2.8% $106 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $180,000 0.0% $109 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/04/2020 11/04/20 For Sale $180,000 -- $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
2025 $2,174 $194,124 $15,525 $178,599
2024 $1,592 $130,460 $10,557 $119,903
2023 $1,592 $130,460 $10,557 $119,903
2022 $1,592 $130,460 $10,557 $119,903
2021 $1,592 $130,460 $10,557 $119,903
2020 $1,403 $108,144 $9,729 $98,415
2019 $1,417 $108,144 $9,729 $98,415
2018 $1,417 $108,144 $9,729 $98,415
2017 $1,145 $90,874 $9,729 $81,145
2016 $980 $77,775 $10,143 $67,632
2015 $456 $35,405 $10,143 $25,262
2014 $1,245 $35,405 $10,143 $25,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3678781

Canopy MLS (Canopy Realtor® Association)

APN: 6548-02-55-9962