500 N 1st St Albemarle, NC 28001
Estimated payment $4,244/month
Highlights
- Corner Lot
- Recreation Facilities
- 1-minute walk to YMCA Playground
About This Lot
Fantastic buildable lot available in downtown Albemarle. Immediately adjacent to Y Fitness Center, and park and playground. Located only 0.2 mi from the grocery/drug store and 0.4 mi to the hospital. Walkable community. With a total of 460' of road frontage, the layout offers multiple opportunities. There is a brick home situated on the adjacent lot that is included. The tax value listed consists of both parcels. Current zoning is Alb:R-4. Great development opportunity.
Listing Agent
Corcoran HM Properties Brokerage Email: leeallen@corcoranhmproperties.com License #211466 Listed on: 10/11/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,382
Lot Details
- Lot Dimensions are 235' x 285'
- Corner Lot
- Possible uses of the property include Development, Multi-Family, Residential
- Property is zoned R-4
Schools
- Central Albemarle Elementary School
- Albemarle Middle School
- Albemarle High School
Utilities
- Fiber Optics Available
- Cable TV Available
Community Details
- Recreation Facilities
- Community Playground
Listing and Financial Details
- Assessor Parcel Number 6548-01-27-6342
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,382 | $123,363 | $92,340 | $31,023 |
| 2024 | $1,166 | $95,588 | $73,872 | $21,716 |
| 2023 | $2,712 | $222,292 | $73,872 | $148,420 |
| 2022 | $2,712 | $222,292 | $73,872 | $148,420 |
| 2021 | $2,712 | $222,292 | $73,872 | $148,420 |
| 2020 | $3,748 | $286,131 | $73,872 | $212,259 |
| 2019 | $3,748 | $286,131 | $73,872 | $212,259 |
| 2018 | $3,748 | $286,131 | $73,872 | $212,259 |
| 2017 | $3,605 | $286,131 | $73,872 | $212,259 |
| 2016 | $3,599 | $285,653 | $73,872 | $211,781 |
| 2015 | -- | $285,653 | $73,872 | $211,781 |
| 2014 | -- | $285,653 | $73,872 | $211,781 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Price Changed | $775,000 | -11.4% | -- |
| 10/11/2024 10/11/24 | For Sale | $875,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $10,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $300,000 | None Available | |
| Special Warranty Deed | $300,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $284,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $270,000 | Commercial |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4189948
APN: 6548-01-27-6342
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