Seller's Agent in 2019
Carla Weyrick
Allen Tate Albemarle
(704) 564-5585
81 Total Sales
509 S 4th St Unit 511 Albemarle, NC 28001
Estimated Value: $229,000 - $346,359
6
Beds
3
Baths
3,950
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Level Lot
About This Home
As of June 2019Great investment opportunity within 1/3 of mile of Pfeiffer University Medical Campus. Walk to 5 Points, downtown Albemarle & enjoy the quite small town, lakes & Morrow Mountain State Park the make Stanly County home. Within 1 hr of Charlotte, NC. Perfect for investor wanting to rent to future graduate students. Lot can be subdivided & new duplex can be built. Or you can tear down the existing building. To build 8 townhomes. The potential is unlimited to the next buyer looking for short term/long term investment opportunity.
Last Agent to Sell the Property
Allen Tate Albemarle License #195410 Listed on: 03/26/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- Level Lot
Home Design
- Duplex
- Traditional Architecture
Interior Spaces
- 3 Full Bathrooms
- Insulated Windows
Flooring
- Wood
- Tile
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 6548-03-32-7889
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2021
Sold by
509 South 4Th Street Llc
Bought by
Martin Meka
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Outstanding Balance
$135,496
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$143,094
Purchase Details
Listed on
Mar 26, 2019
Closed on
Jun 14, 2019
Sold by
Meka Martin
Bought by
509Th South 4Th Street Llc
Seller's Agent
Carla Weyrick
Allen Tate Albemarle
Buyer's Agent
Shamitra McMurren
NorthGroup Real Estate LLC
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$108,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 26, 2019
Closed on
May 24, 2019
Sold by
Emerson Paige L and Emerson Brandon
Bought by
Meka Martin
Seller's Agent
Carla Weyrick
Allen Tate Albemarle
Buyer's Agent
Shamitra McMurren
NorthGroup Real Estate LLC
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2012
Sold by
Carlisle Jason T
Bought by
Carlisle Paige L and Lowder Paige Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2007
Sold by
Gmac Mortgage Llc
Bought by
Carlisle Jason and Carlisle Paige L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Meka | -- | None Available | |
| 509Th South 4Th Street Llc | -- | None Available | |
| Meka Martin | $145,000 | None Available | |
| Carlisle Paige L | -- | None Available | |
| Carlisle Jason | $58,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Meka | $147,000 | |
| Closed | Martin Meka | $147,000 | |
| Previous Owner | Meka Martin | $108,750 | |
| Previous Owner | Carlisle Paige L | $75,000 | |
| Previous Owner | Carlisle Jason T | $80,000 | |
| Previous Owner | Carlisle Jason T | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2019 06/12/19 | Sold | $145,000 | -8.8% | $37 / Sq Ft |
| 05/06/2019 05/06/19 | Pending | -- | -- | -- |
| 03/26/2019 03/26/19 | For Sale | $159,000 | -- | $40 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,840 | $150,830 | $11,508 | $139,322 |
| 2023 | $1,840 | $150,830 | $11,508 | $139,322 |
| 2022 | $1,840 | $150,830 | $11,508 | $139,322 |
| 2021 | $1,840 | $150,830 | $11,508 | $139,322 |
| 2020 | $1,261 | $96,243 | $9,803 | $86,440 |
| 2019 | $1,261 | $96,243 | $9,803 | $86,440 |
| 2018 | $1,261 | $96,243 | $9,803 | $86,440 |
| 2017 | $1,213 | $96,243 | $9,803 | $86,440 |
| 2016 | $1,161 | $92,144 | $9,803 | $82,341 |
| 2015 | $1,173 | $92,144 | $9,803 | $82,341 |
| 2014 | $1,304 | $92,144 | $9,803 | $82,341 |
Source: Public Records
Agents Affiliated with this Home
-
Carla Weyrick
-
Shamitra McMurren
S
Buyer's Agent in 2019
Shamitra McMurren
NorthGroup Real Estate LLC
(704) 726-8494
7 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3487395
APN: 6548-03-32-7889
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