NOT LISTED FOR SALE

224 E Park Ave Albemarle, NC 28001

Estimated Value: $143,000 - $169,709

2 Beds
1 Bath
1,091 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $89,050 $82 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $920/month

4 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Storm Doors
  • Attic
  • 1-Story Property
  • Level Lot

About This Home

As of October 2020

Must see!! This cute bungalow has 2 bedrooms and 1 bath. Nice lot with a brick carport in the back. Close to downtown, Pfeiffer's College Extension Campus, shops and restaurants. It also has an unfinished attic, which has potential, if you need an extra room. SHOWN BY APPOINTMENT ONLY.

Last Agent to Sell the Property

Sharon Cox

SSC REALTY LLC License #290305 Listed on: 08/28/2020

Last Buyer's Agent

Matthew Myers

Realty One Group Revolution License #220910

Realty One Group Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Crawl Space
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 654803324093

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.18733
  • Ratio Close Price By Original Li: 1.18733
  • Ratio Current Price By Acre: 342500.00
  • Ratio Current Price By Sq Ft: 81.62
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Electric Range, Refrigerator
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Walk-in
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1091
  • Total Sq Ft: 1091

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Open Lot
  • Parcel Number: 654803324093
  • Plat Reference Section Pages: 386
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 52814.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 14, 2020
Sold by
Harvekl Patrick Bryan
Bought by
Harlina Sri and Southers Sri H
Seller's Agent
Sharon Cox
SSC REALTY LLC
Buyer's Agent
Matthew Myers
Realty One Group Revolution
List Price
$75,000
Sold Price
$89,050
Premium/Discount to List
$14,050
18.73%
Current Estimated Value
$156,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,127
Avg. Annual Appreciation
11.36%
Original Mortgage
$8,000
Outstanding Balance
$7,116
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$149,061

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 8, 2017
Sold by
Ashe Kenneth W and Ashe Mary W
Bought by
Harvell Patrick Bryan
Seller's Agent
Samantha Parker
Golden Key Real Estate & Interior Design
Buyer's Agent
Sharon Cox
SSC REALTY LLC
List Price
$69,900
Sold Price
$68,500
Premium/Discount to List
-$1,400
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Jun 14, 2006
Sold by
Russell Linda G
Bought by
Smith Harold Gene and Russell Linda G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Harlina Sri $89,500 None Available
Harvell Patrick Bryan $68,500 Attorney
Smith Harold Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harlina Sri $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2020 10/14/20 Sold $89,050 +18.7% $82 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $75,000 +9.5% $69 / Sq Ft
11/08/2017 11/08/17 Sold $68,500 -2.0% $64 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $69,900 -- $65 / 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 $1,231 $109,914 $14,625 $95,289
2024 $1,086 $89,018 $6,075 $82,943
2023 $1,086 $89,018 $6,075 $82,943
2022 $1,086 $89,018 $6,075 $82,943
2021 $1,086 $89,018 $6,075 $82,943
2020 $685 $52,814 $5,175 $47,639
2019 $692 $52,814 $5,175 $47,639
2018 $692 $52,814 $5,175 $47,639
2017 $729 $57,885 $5,175 $52,710
2016 $712 $56,473 $5,175 $51,298
2015 $842 $66,115 $5,175 $60,940
2014 $768 $66,115 $5,175 $60,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3656436

Canopy MLS (Canopy Realtor® Association)

APN: 6548-03-32-4093