44686 Bailey Rd Albemarle, NC 28001
4
Beds
5
Baths
4,500
Sq Ft
38
Acres
About This Home
As of May 2023Your private, gated estate awaits your arrival. Nestled on 38+ acres, this home has everything you'll need. Oversized doors welcome you into an open foyer, dining room & great room with cathedral ceilings, hand hewn beams & a stacked stone fireplace. Kitchen is a cook’s dream with breakfast room that opens onto a screened porch. Main floor owner’s suite boasts two walk-in closets, large bathroom, double showers & French door access deck overlooking the outdoor living area. Two additional bedrooms, bath, half bath & large laundry room. Bonus room & walk-in storage attic sits atop a two-car garage. Basement is perfect for entertaining or a second living quarters with an open living space, kitchenette, bedroom, full & half baths, wine room, storage & walk-out to covered patio, bar & pool. Enjoy serene sunsets & the professionally landscaped, up-lit yard from the pool, outdoor stacked stone fireplace, firepit, & one-acre pond. Potting shed, dog lot & shed complete this alfresco oasis.
Last Agent to Sell the Property
Allen Tate Albemarle License #330488 Listed on: 12/01/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,515
Year Built
- 2007
Additional Features
- Screened Porch
- Deck
- Property is zoned RA
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
-$233,409
Avg. Annual Appreciation
-8.10%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,300,000 | None Listed On Document | |
| Warranty Deed | $1,120,000 | Huneycutt Law Pllc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | New Conventional | |
| Previous Owner | $60,000 | New Conventional | |
| Previous Owner | $895,919 | New Conventional | |
| Previous Owner | $458,000 | New Conventional | |
| Previous Owner | $46,000 | Unknown | |
| Previous Owner | $415,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving |
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
-
G
Seller's Agent in 2023
Gregory Speight
Larry McGuire Realty
(704) 984-0912
23 Total Sales
-
Buyer's Agent in 2023
Jill Dickson
TMR Realty, Inc.
(423) 523-5662
187 Total Sales
-
Seller's Agent in 2022
John Williams
Allen Tate Albemarle
(980) 581-8183
73 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3800239
APN: 6567-03-03-3479
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