NOT LISTED FOR SALE

509 S 4th St Unit 511 Albemarle, NC 28001

Estimated Value: $239,000 - $355,978

6 Beds
3 Baths
3,950 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2019

Last sale price $145,000 $37 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,855 / mo

40 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Level Lot

About This Home

As of June 2019

Great 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

Carla Weyrick

Howard Hanna Allen Tate Albemarle License #195410 Listed on: 03/26/2019

Howard Hanna Allen Tate Albemarle

Last Buyer's Agent

Shamitra McMurren

NorthGroup Real Estate LLC License #254977

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 169x200x168x201
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0.73 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.91195
  • Ratio Close Price By Original Li: 0.91195
  • Ratio Current Price By Acre: 198630.14
  • Ratio Current Price By Sq Ft: 36.71
  • Year Built: 1927
  • Property Features: Dishwasher, Range/Oven, Refrigerator, Shop - Basement
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Doors and Windows: Insulated Windows, Storm Window(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Washer, Electric Oven
  • Flooring: Tile, Wood
  • Laundry Location: Porch
  • Sq Ft Additional: 190
  • Total Sq Ft: 3950

Exterior Features

  • Construction: Aluminum, Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Lot, On-Street Parking, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 169x200x168x201
  • Lot Features: Level, Sloping
  • Parcel Number: 6548-03-32-7889
  • Zoning Specification: R-8A

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 96243.00
  • Tax Location: Albemarle

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bought by
Current Estimated Value
$310,245

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
$133,608
Interest Rate
2.87%
Estimated Equity
$176,637

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jun 14, 2019
Sold by
Bought by
Seller's Agent
Carla Weyrick
Howard Hanna 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
11.43%
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
Bought by
Seller's Agent
Carla Weyrick
Howard Hanna 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
Bought by

Purchase Details

Closed on
Jun 20, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$145,000 None Available
-- None Available
$58,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,000
Previous Owner $108,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,186 $195,186 $27,705 $167,481
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

    Seller's Agent in 2019

    Carla Weyrick

    Howard Hanna Allen Tate Albemarle

    (704) 564-5585

    83 Total Sales

    Carla Weyrick
    Section Image

  • S

    Buyer's Agent in 2019

    Shamitra McMurren

    NorthGroup Real Estate LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3487395

Canopy MLS

APN: 6548-03-32-7889

North Carolina Stanly County Albemarle 28001

509 S 4th St Unit 511, Albemarle, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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