NOT LISTED FOR SALE

302 S 3rd St Albemarle, NC 28001

Estimated Value: $145,000 - $181,000

3 Beds
1 Bath
1,414 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $128,875 $91 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $965/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 1 Car Attached Garage
  • Wood Flooring
  • Workshop
  • Laundry Room

About This Home

As of June 2024

This adorable home is covered in character. From the front it shows itself to be a small brick cottage style, however, once you walk in you realize the potential for space. The upstairs has been partially upgraded with HVAC, plumbing and electrical, which was outfitted to host an additional bathroom/primary ensuite and could be completed to make additional living space with minimal remaining construction. The real wood flooring adds more authenticity to the home along with the layout being that of a traditional style. With a living room and dining room connected by french doors and leading to the kitchen all flowing well together. Downstairs you'll find a large workshop space as well as the spacious garage area. Come take a look at this unique home today!

Last Agent to Sell the Property

Malorie Whitley

Lantern Realty & Development, LLC Brokerage Email: maloriewhitley627@gmail.com License #316641 Listed on: 04/19/2024

Lantern Realty & Development, LLC

Last Buyer's Agent

Malorie Whitley

Lantern Realty & Development, LLC Brokerage Email: maloriewhitley627@gmail.com License #316641 Listed on: 04/19/2024

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 233.5x50
  • Corner Lot
  • Property is zoned R-6

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Workshop
  • Basement Storage

Schools

  • East Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 654803330388

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1950
  • Restrictions: No Representation
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 91.14
  • Geocode Confidence: High
  • Attribution Contact: maloriewhitley627@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1414
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1126
  • Sq Ft Unheated Total: 1737
  • Sq Ft Unheated Upper: 611
  • Sq Ft Upper: 0
  • Appliances: Gas Range, Gas Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 1414
  • Has Basement: Basement Garage Door, Basement Shop, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1414
  • Bedroom Main: 3
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Roof: Other - See Remarks
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 286
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Basement, Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot, Flood Plain/Bottom Land
  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Parcel Number: 654803330388
  • Zoning: R-6
  • Lot Size: 233.5x50
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-6

MLS Schools

  • Elementary School: East Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 6, 2024
Sold by
Costello James M and Costello Gladys Katherine
Bought by
Minogue Brittany
Seller's Agent
Malorie Whitley
Lantern Realty & Development, LLC
Buyer's Agent
Malorie Whitley
Lantern Realty & Development, LLC
List Price
$187,000
Sold Price
$128,875
Premium/Discount to List
-$58,125
-31.08%
Views
48
Current Estimated Value
$158,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,048
Avg. Annual Appreciation
16.93%
Original Mortgage
$125,009
Outstanding Balance
$123,459
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$35,464

Purchase Details

Closed on
Feb 15, 2023
Sold by
Costello James M and Costello Gladys Katherine
Bought by
Costello James M and Costello Gladys Katherine

Purchase Details

Closed on
May 26, 2006
Sold by
Deutsche Bank Trust Company America
Bought by
Costello James and Costello Gladys

Purchase Details

Closed on
Jan 9, 2006
Sold by
Copeland Dora and Everson Arloishia
Bought by
Deutsche Bank Trust Company Americas and Banker Trust Company

Purchase Details

Closed on
Nov 22, 2005
Sold by
Everson Arloishia
Bought by
Copeland Dora
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Minogue Brittany $129,000 None Listed On Document
Costello James M -- None Listed On Document
Costello James M -- None Listed On Document
Costello James M -- None Listed On Document
Costello James M -- None Listed On Document
Costello James $48,000 None Available
Deutsche Bank Trust Company Americas $68,000 None Available
Copeland Dora -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minogue Brittany $125,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $128,875 -31.1% $91 / Sq Ft
04/19/2024 04/19/24 For Sale $187,000 -- $132 / 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 $1,425 $127,261 $11,017 $116,244
2024 $1,072 $87,894 $6,102 $81,792
2023 $1,072 $87,894 $6,102 $81,792
2022 $1,072 $87,894 $6,102 $81,792
2021 $1,072 $87,894 $6,102 $81,792
2020 $949 $73,138 $5,424 $67,714
2019 $958 $73,138 $5,424 $67,714
2018 $687 $73,138 $5,424 $67,714
2017 $922 $73,138 $5,424 $67,714
2016 $895 $71,021 $5,424 $65,597
2015 $904 $71,021 $5,424 $65,597
2014 $907 $71,021 $5,424 $65,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4129667

Canopy MLS (Canopy Realtor® Association)

APN: 6548-03-33-0388