NOT LISTED FOR SALE

507 Colston St Albemarle, NC 28001

Estimated Value: $131,000 - $199,000

3 Beds
1.5 Baths
1,664 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $128,000 $77 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,026/month

12 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Four Sided Brick Exterior Elevation
  • Enclosed patio or porch
  • Attached Carport
  • Central Heating and Cooling System

About This Home

As of September 2023

The property is being sold as-is. The sellers will not make any repairs.

Last Agent to Sell the Property

Tina Davis

Pearl Realty License #222007 Listed on: 07/25/2023

Last Buyer's Agent

Antoinette Toni Granados

United Real Estate-Queen City License #305691

United Real Estate-Queen City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $870

Year Built

  • Built in 1965

Lot Details

  • 0.49

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • Attached Carport
  • Driveway

Additional Features

  • Enclosed patio or porch
  • Property is zoned R-8
  • Central Heating and Cooling System

Community Details

  • Walls Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6548-04-62-9770

Home Details

Home Type

Single Family

Est. Annual Taxes

$870

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1965
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 76.92
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1664
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 750
  • Sq Ft Unheated Total: 750
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Cooktop, Refrigerator, Wall Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 1664
  • Has Basement: Exterior Entry, Unfinished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Den, Living Room
  • Living Area: 1664
  • Bedroom Main: 3
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Enclosed, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.49
  • Lot Size Units: Acres
  • Parcel Number: 6548-04-62-9770
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

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
Jul 25, 2023
Closed on
Sep 20, 2023
Sold by
Lee Thomas Eddie and Lee Renee Thomas
Bought by
Jer Property Group S Corp
Seller's Agent
Tina Davis
Pearl Realty
Buyer's Agent
Antoinette Toni Granados
United Real Estate-Queen City
List Price
$152,800
Sold Price
$128,000
Premium/Discount to List
-$24,800
-16.23%
Views
113
Current Estimated Value
$171,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,662
Avg. Annual Appreciation
17.60%

Purchase Details

Closed on
Oct 6, 2008
Sold by
Mclendon Robert E
Bought by
Thomas Eddie Lee and Thomas Threasa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Albemarle, NC

  • 1233 E Cannon Ave, Albemarle, NC 28001

    $215,000

    • 3 Beds
    • 1 Bath
    • 1,290 Sq Ft
    • 1233 E Cannon Ave
    • Albemarle, NC

    Charming 3-bedroom, 1-bath home in a well-established Albemarle neighborhood! This property offers a spacious backyard perfect for relaxing or entertaining, plus an outbuilding for extra storage or hobbies. Enjoy your morning coffee on the screened-in front porch. Major update includes a new roof in 2023. Whether you're looking for a starter home or investment, this one has great potential.

    Amanda Cody HOMETOWN REALTY PROS LLC

    Section Image
  • 1025 Martin Luther King Junior Dr, Albemarle, NC 28001

    $135,000

    • 2 Beds
    • 1 Bath
    • 732 Sq Ft
    • 1025 Martin Luther King Junior Dr
    • Albemarle, NC

    This REMODELED 2 BD 1 BTH is ready for a first time homeowner or an investor located in the heart of Albemarle within walking distance to downtown, shopping areas and local restaurants. This charming little home offers a COVERED FRONT PORCH, NEW VINYL FLOORS throughout, NEW KITCHEN AND BATHROOM plus a BACK DECK perfect for entertaining year round to enjoy the beautiful private backyard.For the

    Diana Borg Great Homes of the Carolina LLC

    Section Image
  • 226 S Morrow Ave, Albemarle, NC 28001

    $200,000

    • 3 Beds
    • 1 Bath
    • 1,468 Sq Ft
    • 226 S Morrow Ave
    • Albemarle, NC

    Move-in ready with tons of potential! This charming home sits on a spacious lot with a peaceful backyard, two driveways, and multiple storage buildings. With the possibility to subdivide and build another home, this is a rare find! Located less than 5 miles from shopping, dining, and entertainment—convenience meets opportunity! Just needs a little love to make it your own

    Judith Jamison Carod Properties

    Section Image
  • 420 Coggins Ave, Albemarle, NC 28001

    $213,000

    • 3 Beds
    • 2 Baths
    • 1,442 Sq Ft
    • 420 Coggins Ave
    • Albemarle, NC

    **BACK ON THE MARKET** This beautiful updated 3 bedroom, 2 bathroom cottage home sits on a spacious corner lot. The corner lot provides extra yard space and endless possibilities for outdoor gatherings. This home offers an open floor plan concept. Refinished hardwood floors throughout. All appliances included. Dual vanity in owners bathroom. Large walk in closet in owners bathroom. New paint

    Latricia Gilmore Carod Properties

    Section Image
  • 303 Ellenwood Dr, Albemarle, NC 28001

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,242 Sq Ft
    • 303 Ellenwood Dr
    • Albemarle, NC

    Charming 3-Bedroom Home with Endless Potential! Nestled in a quiet neighborhood, this 3-bedroom, 1-bath home is ready for its next owner to make it their own. Featuring a spacious backyard with an in-ground pool, this outdoor space could become your private retreat with a little TLC. Conveniently located just minutes from downtown Albemarle, Rock Creek Park, shopping, dining and a short drive

    Jessica Walker Debbie Clontz Real Estate LLC

    Section Image
  • 203 West Dr, Albemarle, NC 28001

    $179,500

    • 3 Beds
    • 1 Bath
    • 1,170 Sq Ft
    • 203 West Dr
    • Albemarle, NC

    Recently remodeled home with partial basement

    Jerry Burleson Whitley Realty, Inc.

    Section Image
  • 603 S 4th St, Albemarle, NC 28001

    $185,000

    • 2 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 603 S 4th St
    • Albemarle, NC

    ALL THE SOUTHERN CHARM IN ONE INCREDIBLE 4BD 2 BATH HOME! Step into a home where classic elegance meets modern comfort! This stunning residence exudes timeless Southern charm with its inviting front porch, warm hardwood floors, and graceful architectural details.Located in the heart of Albemarle within walking distance to downtown, shopping areas and local restaurants. Great for someone who wants

    Diana Borg Great Homes of the Carolina LLC

    Section Image
  • 114 S 5th St, Albemarle, NC 28001

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,136 Sq Ft
    • 114 S 5th St
    • Albemarle, NC

    Cute Downtown Albemarle Home!Right in the heart of downtown Albemarle, this 2-bedroom, 1-bath home has 1,136 sq ft of comfy living space sits on 6,098 square foot lot. You’re just a quick walk from restaurants, shops, and entertainment. Whether you’re looking for your first home or a great investment, this one’s got tons of potential. Come check it out—schedule your showing today!

    Lisa Archer Keller Williams Ballantyne Area

    Section Image
  • 1116 Montgomery Ave, Albemarle, NC 28001

    $217,000

    • 2 Beds
    • 1 Bath
    • 1,354 Sq Ft
    • 1116 Montgomery Ave
    • Albemarle, NC

    This delightful 2-bedroom, 1-bathroom home is the perfect opportunity for a first-time homebuyer or someone looking to downsize. Located in a prime Albemarle location, you're just a short drive from the nearby hospital and downtown, offering convenient access to shops, dining, and more. The spacious living room features a beautiful fireplace, adding warmth and charm to the home. Off the kitchen,

    Shandy Safrit Lantern Realty & Development, LLC

    Section Image

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
Jer Property Group S Corp $128,000 None Listed On Document
Thomas Eddie Lee $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Eddie Lee $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $128,000 -16.2% $77 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $152,800 -- $92 / 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
2024 $870 $71,287 $8,730 $62,557
2023 $870 $71,287 $8,730 $62,557
2022 $870 $71,287 $8,730 $62,557
2021 $870 $71,287 $8,730 $62,557
2020 $871 $66,737 $7,857 $58,880
2019 $880 $66,737 $7,857 $58,880
2018 $874 $66,737 $7,857 $58,880
2017 $841 $66,737 $7,857 $58,880
2016 $812 $64,408 $7,857 $56,551
2015 $820 $64,408 $7,857 $56,551
2014 $925 $64,408 $7,857 $56,551
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4053701

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-62-9770