NOT LISTED FOR SALE

420 Reeves Ave Albemarle, NC 28001

Estimated Value: $242,364 - $258,000

3 Beds
2 Baths
1,232 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $240,000 $195 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,475/month

26 Days on Market

Highlights

  • New Construction
  • Front Porch
  • Laundry Room
  • Ranch Style House
  • Patio
  • Central Heating

About This Home

As of March 2022

Brand new construction in a great Albemarle location !! This beautiful split-bedroom plan ranch home boasts 9 foot ceilings, granite coutertops, stainless steel appliances and vinyl plank flooring in the living areas. Perfect starter home or investment property. Book your appointment today before it slips away !! Multiple offers received - please have highest and best in by 6pm 2/27.

Last Agent to Sell the Property

Tim Harrell

Redwood Realty Group LLC License #223183 Listed on: 02/25/2022

Last Buyer's Agent

Harold Blackwelder

Bestway Realty License #168806

Home Details

Home Type

  • Single Family

Lot Details

  • Level Lot
  • Zoning described as R-10

Home Design

  • New Construction
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Aquadale Elementary School
  • South Stanly Middle School
  • South Stanly High School

Utilities

  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 6547-01-19-4554

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Ratio Current Price By Acre: 1411764.71
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Split Bedroom
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1232
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Front,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1232
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: South Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 6547-01-19-4554
  • Lot Size: 0
  • Zoning Description: R-10

Tax Info

  • RATIO List Price By Tax Amount: 37.20065

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Aquadale
  • High School: South Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 17, 2022
Sold by
Afre 2 Llc
Bought by
Easley Austin Joseph
Seller's Agent
Tim Harrell
Redwood Realty Group LLC
Buyer's Agent
Harold Blackwelder
Bestway Realty
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$253,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,091
Avg. Annual Appreciation
1.41%
Original Mortgage
$191,250
Outstanding Balance
$179,165
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$73,926

Purchase Details

Closed on
Apr 21, 2021
Sold by
Spivey Rufus A and Spivey Debra Whitright
Bought by
Afre 2 Llc

Purchase Details

Closed on
Jan 1, 2012
Bought by
Spivey Rufus A and Spivey Debra W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Easley Austin Joseph $240,000 None Listed On Document
Afre 2 Llc $13,500 None Available
Spivey Rufus A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easley Austin Joseph $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $240,000 +4.4% $195 / Sq Ft
02/25/2022 02/25/22 For Sale $229,900 0.0% $187 / Sq Ft
02/22/2022 02/22/22 For Sale $229,900 -- $187 / 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 $1,811 $161,728 $11,587 $150,141
2024 $1,528 $125,212 $6,180 $119,032
2023 $1,483 $121,545 $6,180 $115,365
2022 $1,336 $109,519 $6,180 $103,339
2021 $21 $6,180 $6,180 $0
2020 $69 $5,253 $5,253 $0
2019 $69 $5,253 $5,253 $0
2018 $69 $5,253 $5,253 $0
2017 $66 $5,253 $5,253 $0
2016 $58 $4,635 $4,635 $0
2015 -- $4,635 $4,635 $0
2014 $63 $4,635 $4,635 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3832075

Canopy MLS (Canopy Realtor® Association)

APN: 6547-01-19-4554