NOT LISTED FOR SALE

409 Homestead Ln Unit 48 Albemarle, NC 28001

Estimated Value: $262,000 - $309,000

3 Beds
2 Baths
1,661 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $162,000 $98 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,762/month

57 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • Vinyl Flooring
  • Cathedral Ceiling
  • Wood Burning Fireplace

About This Home

As of November 2018

Beautiful ranch home, with 3 bedrooms, 2 baths, open floor plan with cathedral ceiling, beautiful kitchen with granite cabinet tops, tile back splash, under counter lighting, rock fireplace in living room. Large master bedroom and bath, double garage, Arbor in back yard for swing and it stays. 2 concrete patios, grape arbor, fig bush, 2 apple trees, and blueberry bushes. Beautiful landscaped yard.

Last Agent to Sell the Property

Elaine Hollins

Century 21 Russ Hollins, Realtors License #113357 Listed on: 09/04/2018

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Dennis Cummings

ERA Live Moore License #62514

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 10,454

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Vinyl Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6558-02-65-8679

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.95350
  • Ratio Close Price By Original Li: 0.95350
  • Ratio Current Price By Acre: 675000.00
  • Ratio Current Price By Sq Ft: 97.53
  • Year Built: 2010
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Surround Sound, Electric Oven
  • Fireplace Description: Living Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Sq Ft Additional: 462
  • Main Level Sq Ft: 1661
  • Total Sq Ft: 1661

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: .24
  • Lot Size Area: 0.240
  • Parcel Number: 6558-02-65-8679
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 131607.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 29, 2018
Sold by
Shipman Mary Ann and Shipman Jessie Michial
Bought by
Jackson Jan and Jackson Linda
Seller's Agent
Elaine Hollins
Century 21 Russ Hollins, Realtors
Buyer's Agent
Dennis Cummings
ERA Live Moore
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%
Current Estimated Value
$288,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,963
Avg. Annual Appreciation
10.15%
Original Mortgage
$159,065
Outstanding Balance
$143,279
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$166,316

Purchase Details

Closed on
Jul 17, 2014
Sold by
Fields Jackline F and Fields John
Bought by
Wilkinson Mary Ann

Purchase Details

Closed on
Jan 28, 2011
Sold by
True Homes Llc
Bought by
Mcrae Jackline F and Fields John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.82%
Mortgage Type
New Conventional
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
Jackson Jan $162,000 None Available
Wilkinson Mary Ann $142,000 None Available
Mcrae Jackline F $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Jan $10,183
Open Jackson Jan $159,065
Closed Jackson Jan $8,000
Previous Owner Mcrae Jackline F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $162,000 -4.6% $98 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $169,900 0.0% $102 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $169,900 -- $102 / 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 $1,957 $160,424 $33,096 $127,328
2023 $1,957 $160,424 $33,096 $127,328
2022 $1,957 $160,424 $33,096 $127,328
2021 $1,957 $160,424 $33,096 $127,328
2020 $1,707 $131,607 $26,004 $105,603
2019 $1,724 $131,607 $26,004 $105,603
2018 $1,724 $131,607 $26,004 $105,603
2017 $1,658 $131,607 $26,004 $105,603
2016 $1,445 $114,660 $21,276 $93,384
2015 $1,445 $114,660 $21,276 $93,384
2014 $1,320 $115,504 $21,276 $94,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3431260

Canopy MLS (Canopy Realtor® Association)

APN: 6558-02-65-8679