NOT LISTED FOR SALE

50006 Riverside Dr Albemarle, NC 28001

Estimated Value: $245,000 - $279,000

1 Bed
1 Bath
504 Sq Ft
$520/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $275,000 $546 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,444/month

43 Days on Market

Highlights

  • Boathouse
  • Pier
  • Boat Slip
  • Covered Dock
  • Boat Lift
  • Open Floorplan

About This Home

As of September 2022

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLERS. This quaint modular home in a rare waterfront private setting including two vacant waterfront corner lots may be just what you are looking for. The 1 bdrm, 1 bath home on lot 31 has a 2 bdrm septic system which can be connected or added onto if you want to add a bdrm or build on one of the vacant lots. The boathouse, dock and slip have a huge sun deck above that has been grandfathered in for entertaining, fishing, sunbathing and chilling. The home boasts two PTAC/Packaged Terminal A/C- Heating Units, 256 sq. ft. of covered front porch and 160 sq. ft. of screened-in rocking chair side porch overlooking the boathouse for more entertaining or just that morning cup of coffee watching the sunrise. The privacy of this home and 3-lot land is a luxury and rare find on a lake front property anymore. The boat dock is but a rock skip away from the open water. Owners boast they have never had any trouble docking their pontoon boat in the cove.

Last Agent to Sell the Property

Glen Alford

Glen Alford Realty LLC License #275910 Listed on: 07/05/2022

Last Buyer's Agent

Glen Alford

Glen Alford Realty LLC License #275910 Listed on: 07/05/2022

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Cottage
  • Metal Roof
  • Hardboard

Interior Spaces

  • 504 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Laminate Flooring
  • Crawl Space
  • Plumbed For Ice Maker

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Boat Slip
  • Boathouse
  • Covered Dock
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6576-02-56-4818

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2004

Lot Details

0.86 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2004
  • Ratio Current Price By Acre: 319767.44
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Modular Home
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 545.63
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 504
  • 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
  • Porch: Covered,Front,Screened,Side
  • Appliances: Ceiling Fan(s), Plumbed For Ice Maker, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 504
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fire Pit, Satellite Internet Available
  • New Construction: No
  • Roof: Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: On Frame Modular
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Boat Lift, Boat Slip (Deed), Covered structure, Pier, Retaining Wall, Dock
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Forced Air, See Remarks
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: None
  • Water Source: Well, Other

Condo/Co-op/Association

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Corner Lot, Cul-De-Sac, Level, Paved, Sloped, Waterfront, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 6576-02-56-4818
  • Additional Parcels Description: 6576-02-56-3846 6576-02-56-3819
  • Zoning Description: R-20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.66597

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 12, 2022
Sold by
Bailey Sammy K and Bailey Sherry E
Bought by
Oldham William T and Oldham Jill H
Seller's Agent
Glen Alford
Glen Alford Realty LLC
Buyer's Agent
Glen Alford
Glen Alford Realty LLC
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Views
1
Current Estimated Value
$262,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,000
Avg. Annual Appreciation
-1.37%

Purchase Details

Closed on
Jan 1, 2012
Bought by
Bailey Sam and Bailey Sherry E

Purchase Details

Closed on
Sep 8, 2011
Sold by
Bailey Sam
Bought by
Bailey Sam and Bailey Sherry E

Purchase Details

Closed on
Jul 12, 2011
Sold by
Guenot Heidi and Guenot Christopher
Bought by
Citizens South Bank

Purchase Details

Closed on
Feb 15, 2006
Sold by
Mcrae Mark and Mcrae Jennifer
Bought by
Guenot Heidi and Guenot Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.14%
Mortgage Type
New Conventional
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
Oldham William T $275,000 --
Oldham William T $275,000 None Listed On Document
Bailey Sam -- --
Bailey Sam -- None Available
Bailey Sam $46,066 None Available
Citizens South Bank $80,000 None Available
Guenot Heidi $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guenot Heidi $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $275,000 -5.1% $546 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $289,900 -- $575 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $962 $157,765 $112,056 $45,709
2024 $736 $103,663 $80,500 $23,163
2023 $833 $103,663 $80,500 $23,163
2022 $833 $103,663 $80,500 $23,163
2021 $867 $103,663 $80,500 $23,163
2020 $883 $98,997 $74,060 $24,937
2019 $876 $98,997 $74,060 $24,937
2018 $762 $98,997 $74,060 $24,937
2017 $762 $98,997 $74,060 $24,937
2016 $751 $97,532 $67,620 $29,912
2015 $887 $97,532 $67,620 $29,912
2014 $1,067 $97,532 $67,620 $29,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3879372

Canopy MLS (Canopy Realtor® Association)

APN: 6576-02-56-4818

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