$140,000
SOLD OCT 10, 2024

221 Palmer St Albemarle, NC 28001

2 Beds
1 Bath
1,681 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

15% Below List Price

5 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Walk-Up Access
  • 1-Story Property

About This Home

As of February 2025

Charming fixer-upper featuring 2 bedrooms and 1 bath, along with a spacious unfinished basement offering plenty of potential—perfect for creating a basement apartment with a little creativity. Located in a fantastic family-friendly neighborhood with convenient access to Highway 85.

Last Agent to Sell the Property

Kelly Joyner

Fathom Realty NC LLC Brokerage Email: kellyjoyner@markspain.com License #251624 Listed on: 09/24/2024

Fathom Realty NC LLC

Last Buyer's Agent

Sandra Olivares Angel

NorthGroup Real Estate LLC License #341659

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1922

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,681 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor

Schools

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

Additional Features

  • Property is zoned R-10
  • Central Heating and Cooling System

Community Details

  • West End Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6538-04-93-0619

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1922
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 83.28
  • Geocode Confidence: High
  • Attribution Contact: kellyjoyner@markspain.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1681
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1681
  • Has Basement: Dirt Floor, Exterior Entry, Full, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Living Area: 1681
  • Bedroom Main: 2
  • Room Count: 7

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 6538-04-93-0619
  • Plat Reference Section Pages: 370
  • Land Included Yn: 1
  • Lot Size: 9450
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 3, 2025
Sold by
Amb Investors Llc
Bought by
Bedford Group 1 Llc
Seller's Agent
Sheila St Germain
EXP Realty LLC Ballantyne
Buyer's Agent
Pamela DeVrou
EXP Realty LLC
List Price
$258,500
Sold Price
$240,000
Premium/Discount to List
-$18,500
-7.16%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.38%

Purchase Details

Listed on
Sep 24, 2024
Closed on
Oct 8, 2024
Sold by
Pion Gerard Paul and Pion Gerard P
Bought by
Amb Investors Llc
Seller's Agent
Kelly Joyner
Fathom Realty NC LLC
Buyer's Agent
Sandra Olivares Angel
NorthGroup Real Estate LLC
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
412.09%
Source: Public Records

Similar Homes in Albemarle, NC

  • 1626 W Park Ave, Albemarle, NC 28001

    $149,999

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 1626 W Park Ave
    • Albemarle, NC

    Welcome home to this charming 2-bedroom, 1-bath bungalow offering 1000 sq. ft. of comfortable living space in the heart of West Albemarle. Situated on a level lot with a partially fenced backyard, this home features a detached carport and vintage character throughout. Perfect for first-time buyers, investors, or those looking to downsize, this property is nestled in an established neighborhood

    Carla Weyrick Allen Tate Albemarle

    Section Image
  • 309 Love St, Albemarle, NC 28001

    $140,000

    • 2 Beds
    • 2 Baths
    • 2,298 Sq Ft
    • 309 Love St
    • Albemarle, NC

    Charming and spacious, this beautiful 2-bedroom, 2-bathroom home blends classic character with modern upgrades. Featuring an open-concept layout that invites natural light throughout, this home sits on a desirable corner lot. The nearly finished basement offers extra living potential, complete with a dedicated storage room. Whether you're entertaining upstairs or expanding your vision downstairs,

    Leo Murphy Movil Realty

    Section Image
  • 704 Mill St, Albemarle, NC 28001

    $175,000

    • 2 Beds
    • 1 Bath
    • 1,247 Sq Ft
    • 704 Mill St
    • Albemarle, NC

    Charming Newly Renovated Home: Comfort and ConvenienceWelcome to your dream home! This beautifully renovated 2-bedroom, 1-bathroom house combines modern comforts with charming character. Located just minutes from downtown, shopping, restaurants, and parks, it’s an urban oasis you won’t want to miss.Enjoy the inviting covered porches, ideal for morning coffee or evening relaxation. With easy

    Megan Pinion Divine Real Estate Boutique, LLC

    Section Image
  • 1119 Poplar St, Albemarle, NC 28001

    $147,500

    • 3 Beds
    • 2 Baths
    • 1,268 Sq Ft
    • 1119 Poplar St
    • Albemarle, NC

    Handyman Special. This home is ready to be finished and make a showcase. The foundation piers are in. The primary and guest bathrooms are renovated and framing is underway. This property has exceptional potential.

    Nicholas Huscroft Chosen Realty of NC LLC

    Section Image
  • 710 Austin St Unit 124, Albemarle, NC 28001

    $179,500

    • 2 Beds
    • 1 Bath
    • 1,444 Sq Ft
    • 710 Austin St
    • Unit 124
    • Albemarle, NC

    Older home in Albemarle with metal roof, vinyl siding, vinyl double pane glass replacement windows, brand new heat pump /central air, new vinyl plank flooring, new paint inside, full covered front porch, finished attic for extra rooms or storage and a large level backyard.

    Jerry Burleson Whitley Realty, Inc.

    Section Image
  • 603 S 4th St, Albemarle, NC 28001

    $185,000

    • 2 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 603 S 4th St
    • Albemarle, NC

    ALL THE SOUTHERN CHARM IN ONE INCREDIBLE 4BD 2 BATH HOME! Step into a home where classic elegance meets modern comfort! This stunning residence exudes timeless Southern charm with its inviting front porch, warm hardwood floors, and graceful architectural details.Located in the heart of Albemarle within walking distance to downtown, shopping areas and local restaurants. Great for someone who wants

    Diana Borg Great Homes of the Carolina LLC

    Section Image
  • 819 Corbin St, Albemarle, NC 28001

    $175,000

    • 2 Beds
    • 1 Bath
    • 1,740 Sq Ft
    • 819 Corbin St
    • Albemarle, NC

    Welcome to your own private retreat! This spacious 2-bedroom, 1-bath home offers 1,740 sq ft of comfortable living space on nearly half an acre (0.46 acres) of land—with no HOA restrictions to limit your lifestyle. Step inside to find generous living areas filled with natural light, perfect for relaxing or entertaining. The flexible floor plan offers plenty of potential to personalize and grow

    Shea Smith NorthGroup Real Estate, Inc.

    Section Image
  • 114 S 5th St, Albemarle, NC 28001

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,136 Sq Ft
    • 114 S 5th St
    • Albemarle, NC

    Cute Downtown Albemarle Home!Right in the heart of downtown Albemarle, this 2-bedroom, 1-bath home has 1,136 sq ft of comfy living space sits on 6,098 square foot lot. You’re just a quick walk from restaurants, shops, and entertainment. Whether you’re looking for your first home or a great investment, this one’s got tons of potential. Come check it out—schedule your showing today!

    Lisa Archer Keller Williams Ballantyne Area

    Section Image
  • 616 Lee St, Albemarle, NC 28001

    $150,000

    • 2 Beds
    • 1 Bath
    • 765 Sq Ft
    • 616 Lee St
    • Albemarle, NC

    Bring buyers to see this beautifully remolded home with new life. Enjoy the inviting covered front porch on this cozy 2 bedroom, 1 bathroom home. The home has been nicely updated with new roof, electrical, HVAC and plumbing. Flooring features new carpet and hardwoods. The bathroom highlights a tile floor and shower, new tub, vanity and sink. Freshly painted walls with all new windows.

    Marcus Pryor NorthGroup Real Estate LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $240,000 None Listed On Document
Warranty Deed $240,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $275,000 -8.3% $160 / Sq Ft
05/23/2025 05/23/25 Price Changed $300,000 -7.7% $174 / Sq Ft
04/11/2025 04/11/25 For Sale $325,000 +35.4% $189 / Sq Ft
02/06/2025 02/06/25 Sold $240,000 -4.0% $146 / Sq Ft
01/21/2025 01/21/25 Price Changed $249,900 -3.3% $152 / Sq Ft
12/19/2024 12/19/24 For Sale $258,500 +84.6% $158 / Sq Ft
10/10/2024 10/10/24 Sold $140,000 -15.2% $83 / Sq Ft
09/24/2024 09/24/24 For Sale $165,000 -- $98 / 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 $980 $80,331 $7,560 $72,771
2023 $980 $80,331 $7,560 $72,771
2022 $980 $80,331 $7,560 $72,771
2021 $980 $80,331 $7,560 $72,771
2020 $796 $61,362 $6,426 $54,936
2019 $804 $61,362 $6,426 $54,936
2018 $279 $61,362 $6,426 $54,936
2017 $773 $61,362 $6,426 $54,936
2016 $743 $58,976 $5,670 $53,306
2015 $751 $58,976 $5,670 $53,306
2014 $812 $58,976 $5,670 $53,306
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4185247

Canopy MLS (Canopy Realtor® Association)

APN: 6538-04-93-0619