NOT LISTED FOR SALE

243 N 1st St Unit 245 Albemarle, NC 28001

Estimated Value: $240,000 - $299,000

4 Beds
2 Baths
2,321 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $135,500 $58 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,600/month

60 Days on Market

About This Home

As of June 2020

Great duplex in the heart of Albemarle. Square footage is per tax card. Will be measured week of March 16-March 20. Please do not disturb tenants. Will make arrangements to view with serious buyers.
One unit lease in effect at $625 until March 31, 2021. Other unit is month to month at $625.

Last Agent to Sell the Property

Kecia Smith

Four Seasons Realty Albemarle License #285468 Listed on: 03/15/2020

Last Buyer's Agent

Jody Clodfelter

Lantern Realty & Development License #297153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,841

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance
  • Assessor Parcel Number 6548-01-25-2878

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97482
  • Ratio Close Price By Original Li: 0.97482
  • Ratio Current Price By Acre: 752777.78
  • Ratio Current Price By Sq Ft: 58.38
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Foundation Details: Brick
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Total Sq Ft: 2321

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Parking: On-Street Parking

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.180
  • Parcel Number: 6548-01-25-2878
  • Zoning Specification: CBD

Rental Info

  • Rent Includes: Exterior Maintenance
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 112453.00
  • Tax Location: Albemarle

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
Jun 12, 2020
Sold by
Dye Kellie and Dye Danny
Bought by
Amplify Properties Llc
Seller's Agent
Kecia Smith
Four Seasons Realty Albemarle
Buyer's Agent
Jody Clodfelter
Lantern Realty & Development
List Price
$139,000
Sold Price
$135,500
Premium/Discount to List
-$3,500
-2.52%
Current Estimated Value
$267,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,716
Avg. Annual Appreciation
13.59%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Aug 29, 2016
Sold by
West Eston G and West Mary P
Bought by
Dye Kellie and Dye Danny
Seller's Agent
Garry West
Four Seasons Realty Albemarle
Buyer's Agent
Kecia Smith
Four Seasons Realty Albemarle
List Price
$113,250
Sold Price
$113,259
Premium/Discount to List
$9
0.008%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Karam Victor A and Karam Rose
Bought by
West Eston Garry and West Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Amplify Properties Llc $136,000 None Available
Dye Kellie $114,000 Attorney
West Eston Garry $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Eston Garry $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $135,500 -2.5% $58 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $139,000 0.0% $60 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $139,000 +22.7% $60 / Sq Ft
08/29/2016 08/29/16 Sold $113,259 0.0% $49 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $113,250 -- $49 / 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 $2,118 $173,591 $13,972 $159,619
2024 $1,843 $139,619 $9,501 $130,118
2023 $1,843 $139,619 $9,501 $130,118
2022 $1,843 $139,619 $9,501 $130,118
2021 $1,843 $139,619 $9,501 $130,118
2020 $1,570 $112,453 $8,756 $103,697
2019 $1,586 $112,453 $8,756 $103,697
2018 $1,586 $112,453 $8,756 $103,697
2017 $1,529 $112,453 $8,756 $103,697
2016 $1,074 $78,969 $9,128 $69,841
2015 $1,085 $78,969 $9,128 $69,841
2014 $1,455 $78,969 $9,128 $69,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3603103

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-25-2878