NOT LISTED FOR SALE

223 S Morrow Ave Albemarle, NC 28001

120 Beds
80 Baths
38,848 Sq Ft
7.14 Acres

Last Sold May 31, 2017

Last sale price $1,198,500 $31 Per Sq Ft

1 Day on Market

About This Home

As of May 2017

Apartment Complex: 4 duplex units, 14 multi unit buildings, 1 office and community laundry building, situated on 7.14 acres in Albemarle. 48 - Two Bedroom Units and 32 - One Bedroom Units.

Last Agent to Sell the Property

Larry McGuire

Larry McGuire Realty License #255198 Listed on: 03/17/2017

Last Buyer's Agent

Larry McGuire

Larry McGuire Realty License #255198 Listed on: 03/17/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7.14

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 80 Full Bathrooms
  • Insulated Windows

Flooring

  • Tile
  • Vinyl

Listing and Financial Details

  • Tenant pays for all except water
  • Rent includes water
  • Assessor Parcel Number 6548-04-74-6677

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.79900
  • Ratio Close Price By Original Li: 0.79900
  • Ratio Current Price By Acre: 167857.14
  • Ratio Current Price By Sq Ft: 30.85
  • Year Built: 1989
  • Property Features: Cable Available, Range/Oven, Refrigerator
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 80
  • Total Bedrooms: 120
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Electric Range, Refrigerator, Electric Oven
  • Flooring: Tile, Vinyl
  • Laundry Location: Common Facility
  • Total Sq Ft: 38848

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Lot

Utilities

  • Heating: Wall Unit - AC, Wall Unit Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 7.14 Acres
  • Lot Size Area: 7.140
  • Parcel Number: 6548-04-74-6677
  • Plat Reference Section Pages: 818
  • Zoning Specification: R-8A

Rental Info

  • Rent Includes: Water
  • Tenant Pays: All except water

Tax Info

  • Tax Value: 1151472.00
  • Tax Location: Albemarle

Multi Family

  • Number Of Units Total: 80

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $1,198,500 -20.1% $31 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $1,500,000 -- $39 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3262373

Canopy MLS (Canopy Realtor® Association)