NOT LISTED FOR SALE

411 N 5th St Albemarle, NC 28001

Estimated Value: $230,000 - $256,000

4 Beds
2 Baths
1,288 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $195,000 $151 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,482/month

48 Days on Market

Highlights

  • Living Room with Fireplace
  • Storm Windows
  • Laundry Room
  • Wood Flooring
  • Built-In Features
  • Front Green Space

About This Home

As of August 2022

4 bedrooms/2 baths, this home is move-in condition or a blank canvas, waiting for a new personal touch. 4th bedroom, w/ bath & sitting area, on second floor, ideal for a large owner suite. 2nd floor space is listed as additional space, knee walls are 5' & ceilings are 6'10". Many built-ins, like the kitchen banquette & table, were built by the owner. Cedar lined closets on main floor. Hardwood floors in living, dining & bedrooms. Hardwood in hall under carpet. Open, flat backyard houses a small garden shed w/ double french doors & lots of light. This has a perfect garden space & is fertile & deeply amended for a “city homesteading” vegetable garden. Basement has two garage doors, canning area, fireplace & storage space. Located .06 miles from downtown & .05 miles from Pfeiffer University’s Albemarle campus. Downtown is experiencing growth, Pfeiffer Campus, historic buildings have been converted into living spaces, restaurants, boutiques, bars & a new brewery is opening soon. NEW HVAC.

Last Agent to Sell the Property

John Williams

Allen Tate Albemarle License #330488 Listed on: 06/02/2022

Allen Tate Albemarle

Last Buyer's Agent

Lou Whitley

Larry McGuire Realty License #163497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 1948

Lot Details

  • Front Green Space
  • Level Lot
  • Property is zoned R-10, R-10

Home Design

  • Bungalow
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Built-In Features
  • Living Room with Fireplace
  • Storm Windows
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage
  • Driveway

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Additional Features

  • Outbuilding
  • Central Heating

Community Details

  • Highland Terraces Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-01-46-1641

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,148

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1948
  • Ratio Current Price By Acre: 722222.22
  • Restrictions: None
  • Doors and Windows: Storm Window(s)
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 151.40
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Basement Shop, Built Ins
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 681
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1288
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1288
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1288
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered
  • Appliances: Electric Oven, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 1288
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Roof: Composition
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Driveway, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Green Area, Level
  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Parcel Number: 6548-01-46-1641
  • Plat Book Slide: 1277/130
  • Zoning Description: R-10
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.11482

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 19, 2022
Sold by
Morgan Joanna M and Morgan Judge W
Bought by
Drake Lisa L and Drake Jimmy F
Seller's Agent
John Williams
Allen Tate Albemarle
Buyer's Agent
Lou Whitley
Larry McGuire Realty
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$241,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,172
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Apr 16, 2009
Sold by
Morgan Judge W and Morgan Joanna M
Bought by
Morris Ruby A
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
Drake Lisa L $195,000 --
Morris Ruby A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Brandy Desiree $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $195,000 -12.1% $151 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $221,900 -3.1% $172 / Sq Ft
06/02/2022 06/02/22 For Sale $229,000 -- $178 / 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 $2,148 $191,825 $19,800 $172,025
2024 $1,280 $104,926 $13,464 $91,462
2023 $905 $104,926 $13,464 $91,462
2022 $1,280 $104,926 $13,464 $91,462
2021 $1,280 $104,926 $13,464 $91,462
2020 $1,066 $82,229 $12,408 $69,821
2019 $1,077 $82,229 $12,408 $69,821
2018 $792 $82,229 $12,408 $69,821
2017 $1,036 $82,229 $12,408 $69,821
2016 $1,012 $80,321 $12,936 $67,385
2015 $1,022 $80,321 $12,936 $67,385
2014 $1,076 $80,321 $12,936 $67,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3861476

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-46-1641