NOT LISTED FOR SALE

507 Reeves Ave Albemarle, NC 28001

Estimated Value: $226,000 - $261,402

3 Beds
2 Baths
1,359 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 20, 2025

Last sale price $225,000 $166 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,487/month

171 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of March 2025

This home offers charm alongside a desirable location. Situated just off Highway 24/27, this home provides easy access to Stanly Community College, Badin Lake, Hiking trails, Shopping centers and many restaurant choices. Built-in storage maximizes the space throughout. A covered deck and walkway leads to a 425 square foot detached two car garage with Lean-to/Carport and electrical to ensure protection from the elements, creating an inviting outdoor living space. This large yard offers possibilities from a food producing garden awaiting a green-thumbed gardener, to a play area already equipped with a finished yard deck this property presents endless possibilities for new owner. This home features an unfinished basement equipped with a sump pump and dehumidifier to help control moisture, offering additional storage space for yard equipment or cellar storage. Discover the potential of this timeless residence and give us a call today. Back on the Market at no fault to seller

Last Agent to Sell the Property

Jeremiah Gilliland

Wilson Realty Brokerage Email: jeremiah@wilsonrealtync.com License #340082 Listed on: 08/02/2024

Co-Listed By

Angela Abbatiello

Wilson Realty Brokerage Email: jeremiah@wilsonrealtync.com License #224050

Last Buyer's Agent

Shandy Safrit

Lantern Realty & Development, LLC License #302044

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Corner Lot
  • Level Lot
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • 1 Carport Space
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Microwave

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Aquadale Elementary School
  • South Stanly Middle School
  • South Stanly High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6547-01-19-1315

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1945
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 165.56
  • Geocode Confidence: High
  • Attribution Contact: jeremiah@wilsonrealtync.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl, Wood
  • Interior Amenities: Built-in Features, Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 949
  • 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: 410
  • Appliances: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1359
  • Has Basement: Exterior Entry, Full, Sump Pump, Unfinished, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1359
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Garage, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Inside, Main Level, Washer Hookup
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: South Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Units: Acres
  • Parcel Number: 6547-01-19-1315
  • Zoning: R-10
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Aquadale
  • High School: South Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Mar 20, 2025
Sold by
Valdivia George
Bought by
Hahn Bradley C and Hahn Summer D
Seller's Agent
Jeremiah Gilliland
Wilson Realty
Buyer's Agent
Shandy Safrit
Lantern Realty & Development, LLC
List Price
$282,000
Sold Price
$225,000
Premium/Discount to List
-$57,000
-20.21%
Views
136
Current Estimated Value
$240,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,351
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Jan 6, 2019
Closed on
Feb 27, 2019
Sold by
Huneycutt Joseph M and Huneycutt Tina P
Bought by
Valdivia George
Seller's Agent
Lisa Bowman
Emerald Pointe Realty
Buyer's Agent
Angie Miller
Genesis Realty Company
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$132,795
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 2006
Sold by
Huneycutt Karen E and Huneycutt Randy K
Bought by
Huneycutt Joseph M and Huneycutt Tina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Hahn Bradley C $225,000 None Listed On Document
Hahn Bradley C $225,000 None Listed On Document
Valdivia George $135,000 None Available
Huneycutt Joseph M $66,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdivia George $132,795
Previous Owner Huneycutt Joseph M $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $225,000 0.0% $166 / Sq Ft
01/07/2025 01/07/25 Price Changed $225,000 -10.0% $166 / Sq Ft
08/28/2024 08/28/24 Price Changed $249,900 -11.4% $184 / Sq Ft
08/02/2024 08/02/24 For Sale $282,000 +108.9% $208 / Sq Ft
02/25/2019 02/25/19 Sold $135,000 +3.8% $93 / Sq Ft View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $130,000 -- $90 / 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 $2,441 $217,970 $23,175 $194,795
2024 $1,630 $133,600 $12,360 $121,240
2023 $1,630 $133,600 $12,360 $121,240
2022 $1,630 $133,600 $12,360 $121,240
2021 $1,630 $133,600 $12,360 $121,240
2020 $1,414 $109,036 $10,506 $98,530
2019 $1,145 $87,434 $10,506 $76,928
2018 $3,152 $87,434 $10,506 $76,928
2017 $1,102 $87,434 $10,506 $76,928
2016 $1,031 $81,809 $9,270 $72,539
2015 $1,019 $80,054 $9,270 $70,784
2014 $996 $80,054 $9,270 $70,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4165697

Canopy MLS (Canopy Realtor® Association)

APN: 6547-01-19-1315

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