NOT LISTED FOR SALE

36239 Palestine Rd Albemarle, NC 28001

1.5 Acres
-- Price per Acre
65,340 Sq Ft Lot

Last Sold February 25, 2022

Last sale price $480,000

134 Days on Market

About This Lot

As of February 2022

Over 33 acres of possibilities. A successful automotive shop has operated here for over 20 years shop size is 80X40 with 5 large bay doors (10X10). Shop has office, vehicle lifts and air compressor that will remain. Shop has perpetual easement with gate access. Large paved parking area and fenced in storage yard. This automotive shop is ready for business.
The additional acreage is ready for a housing development, storage facility or your private residence. Property does have its own road frontage for access.

Last Agent to Sell the Property

Michael Fullerton

Lantern Realty & Development License #C29719 Listed on: 08/04/2021

Last Buyer's Agent

Lakita Colson

Better Homes and Garden Real Estate Paracle License #297103

Better Homes and Garden Real Estate Paracle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $451

Lot Details

Additional Features

  • Property is zoned NBHD
  • Septic Equal To The Number Of Bedrooms: 2

Property Details

Property Type

Land

Est. Annual Taxes

$451

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Directions: HWY 52 North. Take left on State Rd 1650. Left on Palestine Rd. Property on left.
  • Habitable Residence: No
  • Lot Size: Irregular
  • Road Frontage Type: County Road, Paved Road
  • Structure Type: Commercial
  • Subdivision Name: None
  • Ratio Current Price By Acre: 14545.45
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Farm, Gardening, Private Estate, Residential, Subdevelopment, Tree Farm/Timber
  • Fixture Exception Yn: 0

Exterior Features

  • Exterior Features: Auto Shop, Fence
  • Foundation Details: None
  • Lot Features: Wooded
  • Tax Location: Albemarle
  • Wooded Acres: 0.00

Utilities

  • Sewer: Septic Installed
  • Utilities: Electricity Available
  • Water Source: Well
  • Bedrooms Septic: 2

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Additional Parcels Description: 664004835101
  • Zoning Description: G-B
  • Out Buildings Yn: 1
  • Can Be Subdivided: 1
  • Cleared Acres: 0.00

Tax Info

  • RATIO List Price By Tax Amount: 8.77433

Multi Family

  • Unit Count: 0

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

Mortgage History

Date Status Borrower Loan Amount
Closed Stephens Charles G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $480,000 -4.0% --
12/16/2021 12/16/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $499,900 -- --
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 $451 $65,544 $30,000 $35,544
2023 $451 $65,544 $30,000 $35,544
2022 $451 $65,544 $30,000 $35,544
2021 $451 $65,544 $30,000 $35,544
2020 $422 $56,973 $24,000 $32,973
2019 $426 $56,973 $24,000 $32,973
2018 $426 $56,973 $24,000 $32,973
2017 $426 $56,973 $24,000 $32,973
2016 $432 $57,834 $21,000 $36,834
2015 $437 $57,834 $21,000 $36,834
2014 $573 $57,834 $21,000 $36,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3770428

Canopy MLS (Canopy Realtor® Association)

APN: 6650-03-03-4147