NOT LISTED FOR SALE

508 N 5th St Albemarle, NC 28001

Estimated Value: $178,138 - $203,000

2 Beds
1 Bath
1,058 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $169,000 $160 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,160/month

7 Days on Market

Highlights

  • Deck
  • Breakfast Bar
  • Central Air
  • Wood Flooring
  • 1-Story Property

About This Home

As of March 2023

Located near downtown shopping, local coffee shops, restaurants and hospital. This home is in a prime location. Make this adorable 2 bed, 1 bath your first home! Sellers are motivated. All offers welcomed!

Last Agent to Sell the Property

Jenna Burleson

Lantern Realty & Development Brokerage Phone: 704-550-5197 License #310834 Listed on: 02/17/2023

Last Buyer's Agent

Caitlin Burgess

Magnolia Dream Real Estate License #332463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1936

Lot Details

  • 0.26

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Storage

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Deck
  • Property is zoned N/A

Community Details

  • Oakdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 654801463981

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,560

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1936
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 159.74
  • Geocode Confidence: High
  • Attribution Contact: 704-550-5197
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1058
  • 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
  • Appliances: Electric Oven, Electric Range
  • Above Grade Finished Sq Ft: 1058
  • Has Basement: Storage Space, Sump Pump, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Living Area: 1058
  • Bedroom Main: 2
  • Room Count: 6

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Cooling: Central Air
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 654801463981
  • ResoLotSizeUnits: Acres
  • Zoning Specification: N/A

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 23, 2023
Sold by
Tyler Tucker Joshua and Seip Cheyenne
Bought by
Blackmon Brianna
Seller's Agent
Jenna Burleson
Lantern Realty & Development
Buyer's Agent
Caitlin Burgess
Magnolia Dream Real Estate
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%
Views
188
Current Estimated Value
$190,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,535
Avg. Annual Appreciation
5.04%
Original Mortgage
$171,000
Outstanding Balance
$165,106
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$25,429

Purchase Details

Closed on
Apr 20, 2018
Sold by
Laton James Eddy and Laton Cindy H
Bought by
Tucker Joshua

Purchase Details

Closed on
May 16, 2007
Sold by
Wiatrek David P and Wiatrek Belinda A
Bought by
Laton James E and Laton Cindy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Blackmon Brianna $169,000 None Listed On Document
Tucker Joshua $75,000 None Available
Laton James E $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackmon Brianna $171,000
Previous Owner Laton James E $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $169,000 -3.4% $160 / Sq Ft
02/17/2023 02/17/23 For Sale $175,000 -- $165 / 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 $1,560 $139,246 $14,485 $124,761
2024 $932 $76,398 $9,850 $66,548
2023 $932 $76,398 $9,850 $66,548
2022 $932 $76,398 $9,850 $66,548
2021 $932 $76,398 $9,850 $66,548
2020 $730 $56,265 $9,077 $47,188
2019 $737 $56,265 $9,077 $47,188
2018 $737 $56,265 $9,077 $47,188
2017 $709 $56,265 $9,077 $47,188
2016 $698 $55,416 $9,463 $45,953
2015 $705 $55,416 $9,463 $45,953
2014 $704 $55,416 $9,463 $45,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4001905

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-46-3981