NOT LISTED FOR SALE

49452 River Run Rd Albemarle, NC 28001

Estimated Value: $977,000 - $1,106,495

5 Beds
4 Baths
4,868 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $1,100,000 $226 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,978/month

75 Days on Market

Highlights

  • Boathouse
  • Covered Dock
  • Open Floorplan
  • Water Views
  • Boat Lift
  • Deck

About This Home

As of August 2024

Welcome to your waterfront oasis! This stunning lake house boasts not only expansive lake views but also a large flat lot. Luxurious touches like expansive windows flood the space with natural light, while the open floor plan provides ample space for relaxation and gatherings, gourmet kitchen, complete with two ovens and two dishwashers, perfect for entertaining guests or enjoying family meals. The home has a large open loft area with ample storage, main level offers 3 bedrooms 2 ensuite and 1 full bathroom, leading into a large, finished walkout basement with 2 bedrooms J&J bathroom, kitchen, laundry and large living area. With a private boat dock just steps away, you can easily indulge in water activities or simply bask in the serene beauty of the lake. Conveniently located to shops and restaurants. Don't miss the opportunity to make this exclusive retreat yours!

Last Agent to Sell the Property

Charmaine Ebben

Estate Ventures Brokerage Email: ebbencharmaine@gmail.com License #303018 Listed on: 05/08/2024

Estate Ventures

Co-Listed By

Elsie Harris

Premier Sotheby's International Realty Brokerage Email: ebbencharmaine@gmail.com License #300351

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1991

Lot Details

  • Cleared Lot
  • Property is zoned R-8A

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Mud Room
  • Water Views
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Boathouse
  • Covered Dock
  • Deck
  • Patio
  • Fire Pit

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • River Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6576-03-34-2315

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,034

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Road Surface Type: Concrete, Other
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 225.97
  • Geocode Confidence: High
  • Attribution Contact: ebbencharmaine@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Interior Amenities: Drop Zone, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2891
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 135
  • Sq Ft Unheated Total: 412
  • Sq Ft Unheated Upper: 277
  • Sq Ft Upper: 612
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Exhaust Fan, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Washer/Dryer
  • Above Grade Finished Sq Ft: 3503
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1365
  • Living Area: 4868
  • Bedroom Main: 3
  • Room Count: 14
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Boat Lift, Covered structure, Dock, Retaining Wall
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, In Bathroom
  • Cooling: Central Air
  • Water Source: City, Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Waterfront
  • Lot Size Area: 0.59
  • Lot Size Units: Acres
  • Parcel Number: 6576-03-34-2315
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8A

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 8, 2024
Sold by
Reed Cynthia Ann
Bought by
Gardner Revocable Living Trust and Ross
Seller's Agent
Charmaine Ebben
Estate Ventures
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
59
Current Estimated Value
$1,036,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,376
Avg. Annual Appreciation
-2.27%

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jun 10, 2020
Sold by
Cross Kenneth A and Cross Lynda A
Bought by
Reed Clifford Paul and Reed Cynthia Ann
Seller's Agent
Oliver Cross
EXP Realty LLC Mooresville
Buyer's Agent
Sharon Cox
SSC REALTY LLC
List Price
$625,000
Sold Price
$475,000
Premium/Discount to List
-$150,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.37%
Original Mortgage
$680,500
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gardner Revocable Living Trust $1,100,000 None Listed On Document
Reed Clifford Paul $475,000 Title Company Of Nc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Clifford Paul $680,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,100,000 -8.3% $226 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $1,200,000 -4.0% $247 / Sq Ft
05/08/2024 05/08/24 For Sale $1,250,000 +163.2% $257 / Sq Ft
06/17/2020 06/17/20 Sold $475,000 -5.0% $89 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/24/2020 04/24/20 Price Changed $500,000 -9.1% $94 / Sq Ft
02/27/2020 02/27/20 Price Changed $550,000 -2.7% $103 / Sq Ft
01/28/2020 01/28/20 Price Changed $565,000 -1.7% $106 / Sq Ft
12/06/2019 12/06/19 Price Changed $575,000 -2.5% $108 / Sq Ft
10/18/2019 10/18/19 Price Changed $590,000 -1.5% $111 / Sq Ft
05/24/2019 05/24/19 Price Changed $599,000 -2.6% $112 / Sq Ft
05/08/2019 05/08/19 Price Changed $615,000 -1.2% $115 / Sq Ft
04/24/2019 04/24/19 Price Changed $622,500 -0.4% $117 / Sq Ft
02/21/2019 02/21/19 For Sale $625,000 -- $117 / 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 $6,034 $989,240 $247,553 $741,687
2024 $4,097 $577,045 $196,335 $380,710
2023 $4,097 $577,045 $196,335 $380,710
2022 $4,017 $565,809 $196,335 $369,474
2021 $4,017 $565,809 $196,335 $369,474
2020 $4,228 $554,659 $196,335 $358,324
2019 $4,356 $554,659 $196,335 $358,324
2018 $1,191 $554,659 $196,335 $358,324
2017 $4,271 $554,659 $196,335 $358,324
2016 $4,015 $521,454 $183,530 $337,924
2015 $4,127 $521,454 $183,530 $337,924
2014 $4,030 $521,454 $183,530 $337,924
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4135877

Canopy MLS (Canopy Realtor® Association)

APN: 6576-03-34-2315