NOT LISTED FOR SALE

511 Pee Dee Ave Albemarle, NC 28001

Estimated Value: $364,199 - $435,000

4 Beds
3 Baths
3,047 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $355,000 $117 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,399/month

28 Days on Market

Highlights

  • Deck
  • Cottage
  • Laundry Room
  • Wood Flooring
  • Wrap Around Porch
  • Kitchen Island

About This Home

As of March 2022

Are you looking for a thriving small town lifestyle? Introducing a beautiful historic home within a half mile of charming downtown Albemarle and the Pfeiffer University Health Campus. Quaint stores, restaurants, beautiful architecture. Built in 1932 this gorgeous home boasts unique architectural details and an charming cottage look from the street. Primary suite on main with secondary bedroom and bath, flowing, light and open living room, dining and kitchen. Upstairs has two more bedrooms, full bathroom, bonus room and unique nook flexible for your needs ( currently used as a bar area). Basement has tons of space for your hobbies or crafts and even large projects. Spacious backyard with plenty of room for chilling and grilling or tossing a football. Shared Driveway. Sellers intend to allow a full weekend of showings (through Sunday 5pm) and will review and respond to offers Sunday evening.

Last Agent to Sell the Property

Theresa McDonald

Howard Hanna Allen Tate Huntersville License #225971 Listed on: 03/04/2022

Howard Hanna Allen Tate Huntersville

Last Buyer's Agent

Mary Allen

Corcoran HM Properties License #188051

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • Zoning described as R-8A

Home Design

  • Cottage
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6548-01-45-7307

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1932
  • Ratio Current Price By Acre: 1224137.93
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Kitchen Island
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2060
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1754
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1754
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 987
  • Porch: Back,Covered,Deck,Front,Porch-Wrap Around
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 3047
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Back Load Garage, Basement, Garage - 2 Car, Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6548-01-45-7307
  • Zoning Description: R-8A

Tax Info

  • RATIO List Price By Tax Amount: 2.11925

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 30, 2022
Sold by
Joseph Anticoli Daniel and Thomas Gary
Bought by
Kellie Hill Demayo Revocable Living Trust
Seller's Agent
Theresa McDonald
Howard Hanna Allen Tate Huntersville
Buyer's Agent
Mary Allen
Corcoran HM Properties
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$404,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,800
Avg. Annual Appreciation
3.51%

Purchase Details

Listed on
Jul 26, 2020
Closed on
Oct 2, 2020
Sold by
Burns Timothy S and Ebsen Bums Susanne
Bought by
Anticoli Daniel and Tole Gary Thomas
Seller's Agent
Larry McGuire
Larry McGuire Realty
Buyer's Agent
Theresa McDonald
Howard Hanna Allen Tate Huntersville
List Price
$298,500
Sold Price
$291,000
Premium/Discount to List
-$7,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
Original Mortgage
$276,450
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2011
Bought by
Burns Timothy S and Burns Susanne M

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bruce Malcolm C and Bruce Jenny B
Bought by
Burns Timothy Scott and Ebsen Burns Susanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Kellie Hill Demayo Revocable Living Trust $355,000 Huneycutt Law Pllc
Anticoli Daniel -- None Available
Anticoli Daniel $291,000 None Available
Burns Timothy S -- --
Burns Timothy Scott $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anticoli Daniel $276,450
Previous Owner Burns Timothy Scott $104,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $355,000 +1.4% $117 / Sq Ft
03/04/2022 03/04/22 For Sale $350,000 0.0% $115 / Sq Ft
03/02/2022 03/02/22 For Sale $350,000 +20.3% $115 / Sq Ft
10/02/2020 10/02/20 Sold $291,000 -2.5% $98 / Sq Ft View Prior Sale
08/18/2020 08/18/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $298,500 -- $100 / 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 $3,632 $324,325 $21,450 $302,875
2024 $3,093 $253,486 $15,015 $238,471
2023 $3,093 $253,486 $15,015 $238,471
2022 $2,015 $165,153 $15,015 $150,138
2021 $2,015 $165,153 $15,015 $150,138
2020 $1,543 $118,980 $12,870 $106,110
2019 $1,559 $118,980 $12,870 $106,110
2018 $1,129 $118,980 $12,870 $106,110
2017 $1,499 $118,980 $12,870 $106,110
2016 $1,536 $121,929 $12,870 $109,059
2015 $1,552 $121,929 $12,870 $109,059
2014 $1,680 $121,929 $12,870 $109,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3834611

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-45-7307