NOT LISTED FOR SALE

408 N 5th St Albemarle, NC 28001

Estimated Value: $220,179 - $245,000

3 Beds
1 Bath
1,610 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $107,500 $67 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,390/month

57 Days on Market

About This Home

As of September 2018

Adorable home in perfect move in condition! Located right in town with a yard that is very easily maintained. 2 bedrooms and 1 bath on the main level with beautiful hardwood floors that have been refinished. Arched doorways, formal dining, and lots more character. You really need to come check this house out before someone else snatches is up!

Last Agent to Sell the Property

Michele Browne

Deeter Real Estate License #240694 Listed on: 07/01/2018

Last Buyer's Agent

Robin Bennett

Lake Tillery Properties LLC License #298027

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,583

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 6548-01-46-3568

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.93560
  • Ratio Close Price By Original Li: 0.89658
  • Ratio Current Price By Acre: 488636.36
  • Ratio Current Price By Sq Ft: 66.77
  • Year Built: 1948
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 472
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1138
  • Total Sq Ft: 1610
  • Sq Ft Unheated Main: 80
  • Sq Ft Unheated Total: 80

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size Area: 0.220
  • Parcel Number: 6548-01-46-3568
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 65176.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 27, 2018
Sold by
Holland Aleshia Lyn
Bought by
Rutledge Donald L and Rutledge Vickie G
Seller's Agent
Michele Browne
Deeter Real Estate
Buyer's Agent
Robin Bennett
Lake Tillery Properties LLC
List Price
$119,900
Sold Price
$107,500
Premium/Discount to List
-$12,400
-10.34%
Current Estimated Value
$233,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,045
Avg. Annual Appreciation
11.79%
Original Mortgage
$86,000
Outstanding Balance
$74,997
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$158,548

Purchase Details

Closed on
Feb 25, 2016
Sold by
Davis Enterprises Llc
Bought by
Holland Aleshia L

Purchase Details

Closed on
Jan 1, 2010
Bought by
Davis Enterprise Llc

Purchase Details

Closed on
Mar 31, 2009
Sold by
Miles Pamela C
Bought by
Davis Enterprise Llc
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
Rutledge Donald L $108,000 None Available
Holland Aleshia L $65,500 Attorney
Davis Enterprise Llc -- --
Davis Enterprise Llc $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Donald L $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $107,500 -6.4% $67 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $114,900 -4.2% $71 / Sq Ft
07/01/2018 07/01/18 For Sale $119,900 -- $74 / 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 $1,520 $135,731 $15,277 $120,454
2024 $1,279 $104,876 $10,388 $94,488
2023 $1,279 $104,876 $10,388 $94,488
2022 $1,279 $104,876 $10,388 $94,488
2021 $1,279 $104,876 $10,388 $94,488
2020 $845 $65,176 $9,573 $55,603
2019 $854 $65,176 $9,573 $55,603
2018 $854 $65,176 $9,573 $55,603
2017 $821 $65,176 $9,573 $55,603
2016 $1,009 $80,088 $9,981 $70,107
2015 $1,019 $80,088 $9,981 $70,107
2014 $1,043 $80,088 $9,981 $70,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3409023

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-46-3568