NOT LISTED FOR SALE

24556 Cherokee Rd Albemarle, NC 28001

Estimated Value: $527,000 - $570,477

22.9 Acres
$23,962 Price per Acre
997,524 Sq Ft Lot

Last Sold March 29, 2021

Last sale price $230,000

Est. 139% increase in value since last sale

Current estimated payment $3,179/month

5 Days on Market

About This Lot

As of March 2021

Beautiful track of land. Several hilltop areas would make beautiful home sites. Old house of no value and several out buildings. Well on property. By GIS a little over 300 feet on Cherokee Rd. Measuring with GIS Tools approx 8 acres in trees and 15 acres open all subject to survey.

Last Agent to Sell the Property

Elaine Hollins

Century 21 Russ Hollins, Realtors License #113357 Listed on: 02/11/2021

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Liz Young

RE/MAX Executive License #211192

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

  • Cleared Lot
  • Many Trees

Additional Features

  • Outbuilding
  • Crops

Listing and Financial Details

  • Assessor Parcel Number 651601350201

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 1.07477
  • Ratio Close Price By Original Li: 1.07477
  • Ratio Current Price By Acre: 10043.67
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Exterior Features: Outbuilding

Utilities

  • Water: Well Installed

Schools

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

Lot Info

  • Lot Features: Cleared, Crops, Paved Frontage, Trees, Views
  • Lot Size Area: 22.900
  • Parcel Number: 651601350201
  • Zoning Specification: RA
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 157891.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 24, 2021
Sold by
Eudy Lamar Ellis and Eudy Frances A
Bought by
Bailey Jennifer
Seller's Agent
Elaine Hollins
Century 21 Russ Hollins, Realtors
Buyer's Agent
Liz Young
RE/MAX Executive
List Price
$214,000
Sold Price
$230,000
Premium/Discount to List
$16,000
7.48%
Current Estimated Value
$548,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,739
Avg. Annual Appreciation
20.96%

Purchase Details

Closed on
Jan 1, 2010
Bought by
Eudy Lamar Ellis
Source: Public Records

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 Buyer Sale Price Title Company
Bailey Jennifer $230,000 None Available
Eudy Lamar Ellis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $230,000 +7.5% --
02/16/2021 02/16/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $214,000 -- --
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 $3,340 $530,173 $50,165 $480,008
2024 $3,017 $413,307 $36,106 $377,201
2023 $2,831 $385,105 $36,106 $348,999
2022 $1,652 $218,980 $36,106 $182,874
2021 $433 $47,650 $28,920 $18,730
2020 $461 $48,738 $26,026 $22,712
2019 $460 $48,738 $26,026 $22,712
2018 $356 $48,738 $26,026 $22,712
2017 $356 $48,738 $26,026 $22,712
2016 $372 $51,019 $24,532 $26,487
2015 $447 $51,019 $24,532 $26,487
2014 $434 $51,019 $24,532 $26,487
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3707842

Canopy MLS (Canopy Realtor® Association)

APN: 6516-01-35-0201