NOT LISTED FOR SALE

361 Palmer St Albemarle, NC 28001

Estimated Value: $185,364 - $197,000

3 Beds
1 Bath
1,025 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $139,900 $136 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,142/month

2 Days on Market

Highlights

  • Open Floorplan
  • Bamboo Flooring
  • Shed
  • Ranch Style House
  • Corner Lot

About This Home

As of October 2021

This is a sweet bungalow home sitting on a corner lot with lots of trees and a private back yard. Very close to everything and offers a great location. Open floor plan w/ Living, Kitchen & Dining area, Nice Bedrooms w/ a lot of closet space and also a very nice sized bathroom. The driveway to the 2 car covered carport comes in off Charlotte St & It also has an extra attached storage shed / building for all your yard items. The Back yard has fencing and the home has a deck off the back. Beautiful shade tress all in the back yard and you have a nice open front yard that is off of Palmer St. This home is low maintenance, well maintained & ready to move right in. Seller selling AS IS and will make no repairs.

Last Agent to Sell the Property

Angela Abbatiello

Wilson Realty License #224050 Listed on: 09/25/2021

Last Buyer's Agent

Michael Dembek

Cross Keys LLC License #111190

Cross Keys LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 10,454

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Crawl Space

Flooring

  • Bamboo
  • Linoleum
  • Laminate

Outdoor Features

  • Shed
  • Outbuilding

Additional Features

  • Corner Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6538-04-92-1761

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 582916.67
  • Ratio Current Price By Sq Ft: 136.49
  • Year Built: 1985
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Oven, Electric Range, Refrigerator
  • Fixture Exception Description: Security System- Rented
  • Flooring: Bamboo, Laminate Wood, Linoleum
  • Interior Amenities: Open Floorplan
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1025
  • Total Sq Ft: 1025

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: .24
  • Lot Features: Corner Lot
  • Lot Size Area: 0.240
  • Parcel Number: 6538-04-92-1761
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 61469.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 26, 2021
Sold by
Lee Elijah R
Bought by
Thomas Kevin Ricky and Thomas Elizabeth
Seller's Agent
Angela Abbatiello
Wilson Realty
Buyer's Agent
Michael Dembek
Cross Keys LLC
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$191,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,941
Avg. Annual Appreciation
8.39%
Original Mortgage
$104,925
Outstanding Balance
$95,889
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$95,952

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 16, 2020
Sold by
Christman Joanne B
Bought by
Lee Elijah R
Seller's Agent
Larry McGuire
Larry McGuire Realty
Buyer's Agent
Angela Abbatiello
Wilson Realty
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$122,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Christman Joanne B
Bought by
Christman Andrew W and Christman Todd W
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
Thomas Kevin Ricky $140,000 None Available
Lee Elijah R $120,000 None Available
Christman Andrew W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kevin Ricky $104,925
Previous Owner Lee Elijah R $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $139,900 0.0% $136 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $139,900 +16.6% $136 / Sq Ft
11/20/2020 11/20/20 Sold $120,000 +0.8% $117 / Sq Ft View Prior Sale
10/06/2020 10/06/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $119,000 -- $116 / 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 $1,503 $134,187 $16,587 $117,600
2024 $862 $70,626 $8,846 $61,780
2023 $862 $70,626 $8,846 $61,780
2022 $862 $70,626 $8,846 $61,780
2021 $862 $70,626 $8,846 $61,780
2020 $797 $61,469 $7,519 $53,950
2019 $805 $61,469 $7,519 $53,950
2018 $805 $61,469 $7,519 $53,950
2017 $775 $61,469 $7,519 $53,950
2016 $765 $60,736 $6,634 $54,102
2015 $773 $60,736 $6,634 $54,102
2014 $786 $60,736 $6,634 $54,102
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3788738

Canopy MLS (Canopy Realtor® Association)

APN: 6538-04-92-1761