44686 Bailey Rd Albemarle, NC 28001
Estimated Value: $648,000 - $1,362,000
4
Beds
5
Baths
4,470
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Barn
- 38.05 Acre Lot
- Deck
- In Ground Pool
- Open Floorplan
- Private Lot
About This Home
As of May 2023Upscale equestrian enthusiasts, this one's for you! Discover luxury living at its finest with this stunning 38-acre property that features a lovely barn that can be converted into a horse barn. This private and serene newly renovated home offers top-notch finishes and an open concept design, including a chef's kitchen with a quartz waterfall island, a cathedral ceiling living room, and an expansive terrace overlooking lush grounds. The main floor owner's retreat has a double shower and walk-in closets, while downstairs offers a large rec room, wet bar, and covered patio with a pool, outdoor bar, and stone fireplace. Additional amenities include a wine cellar, private home office, and storage. Outside, enjoy a garden shed, luxury pet coop, and fire pit sitting area. Conveniently located near Charlotte and Lake Tillery. Morrow Mountain State Park features 19 miles of bridal trails located only 10 minutes away from property! Don't miss out on this opportunity - schedule a viewing today!
Last Agent to Sell the Property
Larry McGuire Realty Brokerage Email: GregSpeightRealtor@gmail.com License #330650 Listed on: 01/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,515
Year Built
- Built in 2007
Lot Details
- 38.05 Acre Lot
- Gated Home
- Private Lot
- Wooded Lot
- Lawn
- Property is zoned RA
Parking
- 2 Car Attached Garage
- Garage Door Opener
- 4 Open Parking Spaces
Home Design
- Arts and Crafts Architecture
- Farmhouse Style Home
- Stone Siding
- Radon Mitigation System
Interior Spaces
- 1.5-Story Property
- Open Floorplan
- Sound System
- Wired For Data
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Window Screens
- Entrance Foyer
- Family Room with Fireplace
- Screened Porch
- Pull Down Stairs to Attic
- Home Security System
Kitchen
- Self-Cleaning Convection Oven
- Gas Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
Partially Finished Basement
- Interior and Exterior Basement Entry
- Workshop
Outdoor Features
- In Ground Pool
- Deck
- Outdoor Fireplace
- Fire Pit
- Separate Outdoor Workshop
- Outbuilding
Schools
- Badin Elementary School
- North Stanly Middle School
- North Stanly High School
Farming
- Barn
- Machine Shed
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 656703033479
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2023
Closed on
May 23, 2023
Sold by
Zagula Pavel and Zagula Adria
Bought by
Thompson Michael S and Thompson Karen S
Seller's Agent
Gregory Speight
Larry McGuire Realty
Buyer's Agent
Jill Dickson
TMR Realty, Inc.
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Views
216
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,409
Avg. Annual Appreciation
-8.44%
Original Mortgage
$1,300,000
Outstanding Balance
$1,271,432
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
-$191,087
Purchase Details
Listed on
Dec 1, 2021
Closed on
Feb 15, 2022
Sold by
David Mcgowen Michael and Welborn Kimberly
Bought by
Zagula Pavel Paul and Zagula Adria Altemus
Seller's Agent
John Williams
Allen Tate Albemarle
Buyer's Agent
Gregory Speight
Larry McGuire Realty
List Price
$1,199,899
Sold Price
$1,119,899
Premium/Discount to List
-$80,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$895,919
Interest Rate
3.56%
Mortgage Type
New Conventional
Similar Homes in Albemarle, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Michael S | $1,300,000 | None Listed On Document | |
| Zagula Pavel Paul | $1,120,000 | Huneycutt Law Pllc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Michael S | $1,300,000 | |
| Previous Owner | Zagula Pavel Paul | $60,000 | |
| Previous Owner | Zagula Pavel Paul | $895,919 | |
| Previous Owner | Mcgowen Michael D | $458,000 | |
| Previous Owner | Mcgowen Michael D | $46,000 | |
| Previous Owner | Mcgowen Michael D | $415,000 | |
| Previous Owner | Mcgowen Michael D | $150,000 | |
| Previous Owner | Mcgowen Michael D | $417,000 | |
| Previous Owner | Mcgowen Michael D | $100,000 | |
| Previous Owner | Mcgowen Michael D | $417,000 | |
| Previous Owner | Mcgowen Michael D | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2023 05/24/23 | Sold | $1,300,000 | -5.5% | $291 / Sq Ft |
| 04/01/2023 04/01/23 | Pending | -- | -- | -- |
| 03/07/2023 03/07/23 | Price Changed | $1,375,000 | -1.4% | $308 / Sq Ft |
| 01/16/2023 01/16/23 | For Sale | $1,395,000 | +24.6% | $312 / Sq Ft |
| 02/15/2022 02/15/22 | Sold | $1,119,899 | -6.7% | $249 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $1,199,899 | -- | $267 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,515 | $495,097 | $44,998 | $450,099 |
| 2023 | $3,612 | $495,097 | $44,998 | $450,099 |
| 2022 | $3,428 | $482,871 | $27,571 | $455,300 |
| 2021 | $3,375 | $461,119 | $27,571 | $433,548 |
| 2020 | $3,153 | $401,103 | $23,839 | $377,264 |
| 2019 | $3,185 | $401,103 | $23,839 | $377,264 |
| 2018 | $3,088 | $401,103 | $23,839 | $377,264 |
| 2017 | $3,088 | $401,103 | $23,839 | $377,264 |
| 2016 | $2,924 | $379,766 | $21,383 | $358,383 |
| 2015 | $3,031 | $379,766 | $21,383 | $358,383 |
| 2014 | $2,218 | $379,766 | $21,383 | $358,383 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Speight
G
Seller's Agent in 2023
Gregory Speight
Larry McGuire Realty
(704) 984-0912
23 Total Sales
-
Jill Dickson
Buyer's Agent in 2023
Jill Dickson
TMR Realty, Inc.
(423) 523-5662
189 Total Sales
-
John Williams
Seller's Agent in 2022
John Williams
Allen Tate Albemarle
(980) 581-8183
71 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3933973
APN: 6567-03-03-3479
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