$90,000
SOLD APR 30, 2025

327 Arey Ave Unit 4,5 Albemarle, NC 28001

4 Beds
2 Baths
1,576 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

28% Below List Price

15 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • Wood Siding

About This Home

As of April 2025

Property located on high-visibility corner lot location. Can continue to be used for multi-family living, or rehabbed to buyer's preferences. Property will need some work. Also perfect opportunity to build new structure(s) on lot, be it a new duplex, single-family home, or possibly apartments. Great opportunity for development in residential neighborhood where there have already been new SFH infill projects built and/or in progress in the area.

Last Agent to Sell the Property

Derhyl Pruitt

Pruitt Miller Realty Group Brokerage Email: pruitt@pruittmillergroup.com License #224311 Listed on: 03/22/2025

Last Buyer's Agent

Pita Lee

NorthGroup Real Estate LLC License #105602

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $268

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 74x120
  • Corner Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

  • Harlem Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 6548-04-73-9420
  • Tax Block A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$268

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: pruitt@pruittmillergroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Electric Range, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1576
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1576

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Wood

Garage/Parking

  • Total Parking Spaces: 4
  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Utilities: Electricity Connected, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 6548-04-73-9420
  • Lot Size: 74x120
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities, None
  • Pets Allowed: Yes

Tax Info

  • Tax Block: A

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Brooks Anthony Curtis
Bought by
Crump Jeffrey and Crump Zoya

Purchase Details

Closed on
Jun 8, 2022
Sold by
Crump Charles L and Crump Shirley
Bought by
Crump Jeffrey L and Crump Zola E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $90,000 -21.7% $57 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $115,000 -8.0% $73 / Sq Ft
03/22/2025 03/22/25 For Sale $125,000 -- $79 / 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
2024 $268 $21,942 $3,780 $18,162
2023 $268 $21,942 $3,780 $18,162
2022 $268 $21,942 $3,780 $18,162
2021 $268 $21,942 $3,780 $18,162
2020 $255 $19,699 $3,402 $16,297
2019 $258 $19,699 $3,402 $16,297
2018 $258 $19,699 $3,402 $16,297
2017 $248 $19,699 $3,402 $16,297
2016 $262 $20,798 $3,402 $17,396
2015 $265 $20,798 $3,402 $17,396
2014 $413 $20,798 $3,402 $17,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4233767

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-73-9420