NOT LISTED FOR SALE

307 Palmer St Albemarle, NC 28001

Estimated Value: $245,165 - $258,000

3 Beds
2 Baths
1,757 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $188,500 $107 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,511/month

11 Days on Market

Highlights

  • Fruit Trees
  • Corner Lot
  • Attic Fan
  • Wood Flooring
  • Storage Room

About This Home

As of October 2021

Quaint small town Country charm just fills this fantastic find in the heart of downtown Albemarle. Rocking chair front porch and original glass doorknobs takes you back to a much more subtle time. This home has been a centerpoint of relaxation and has plenty of wide open rooms that have such character and charm. This home needs some updating and you can design it your way while enjoying the peaceful garden- like yard. Roof and AC are brand new. Mature fruit trees , and a grape arbor that took years to grow, round out a picturesque small town charmer. These homes do not come around often. Call us today to make it yours.

Last Agent to Sell the Property

Phil King

EXP Realty LLC Ballantyne License #300806 Listed on: 08/26/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Erica Wright

Austin-Barnett Realty LLC License #317979

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Many Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Storage Room
  • Wood Flooring
  • Crawl Space

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6538-04-93-0620

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.96716
  • Ratio Close Price By Original Li: 0.96716
  • Ratio Current Price By Acre: 448809.52
  • Ratio Current Price By Sq Ft: 107.29
  • Year Built: 1928
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Oven, Electric Dryer Hookup, Electric Range
  • Fireplace Description: FAMILYRM, Fireplace Insert
  • Flooring: Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Cable Available, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 288
  • Main Level Sq Ft: 1757
  • Total Sq Ft: 1757

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car

Utilities

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

Schools

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

Lot Info

  • Lot Features: Corner Lot, Fruit Trees, Level, Trees
  • Lot Size Area: 0.420
  • Parcel Number: 6538-04-93-0620
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 87135.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 11, 2021
Sold by
Lefler Hazel L and Hancock Tanya L
Bought by
Spaide Tara M and Callahan Jeanne Marie
Seller's Agent
Phil King
EXP Realty LLC Ballantyne
Buyer's Agent
Erica Wright
Austin-Barnett Realty LLC
List Price
$194,900
Sold Price
$188,500
Premium/Discount to List
-$6,400
-3.28%
Current Estimated Value
$250,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,291
Avg. Annual Appreciation
7.48%
Original Mortgage
$150,800
Outstanding Balance
$137,516
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,275
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
Spaide Tara M $188,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spaide Tara M $150,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $188,500 -3.3% $107 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $194,900 -- $111 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
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 $2,113 $188,634 $24,907 $163,727
2024 $1,194 $97,908 $13,284 $84,624
2023 $1,194 $97,908 $13,284 $84,624
2022 $1,194 $97,908 $13,284 $84,624
2021 $1,194 $97,908 $13,284 $84,624
2020 $1,130 $87,135 $11,291 $75,844
2019 $1,141 $87,135 $11,291 $75,844
2018 $1,141 $87,135 $11,291 $75,844
2017 $1,098 $87,135 $11,291 $75,844
2016 $1,057 $83,918 $9,963 $73,955
2015 $1,068 $83,918 $9,963 $73,955
2014 $1,078 $83,918 $9,963 $73,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3771131

Canopy MLS (Canopy Realtor® Association)

APN: 6538-04-93-0620