NOT LISTED FOR SALE

515 Ridge St Albemarle, NC 28001

Estimated Value: $164,000 - $216,000

2 Beds
1 Bath
856 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $125,000 $146 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,061/month

3 Days on Market

About This Home

As of September 2021

Super Cute 2 Bedroom Home! Enter the inviting Living Room - Current Owner said goodbye to the carpet and replaced it with LVP flooring that flows through the hallway to both bedrooms and added to the wonderful aesthetic to the home! Eat-in Kitchen with rear entrance close to the detached garage for easy access when bringing home groceries! Nice area for patio entertaining and shaded back yard! This home does have updated windows (2007), On-Demand Water Heater and has been nicely maintained. Whether you are looking for investment, first home or downsizing - Add this one to the List!

Last Agent to Sell the Property

Sheila St Germain

EXP Realty LLC Ballantyne License #277315 Listed on: 08/20/2021

EXP Realty LLC Ballantyne

Co-Listed By

Michael St. Germain

EXP Realty LLC Ballantyne License #277314

Last Buyer's Agent

Kyle Christian

Fathom Realty NC LLC License #318091

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,276

Parking

  • 2

Home Design

  • Vinyl Siding

Flooring

  • Vinyl Plank
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Separate Outdoor Workshop
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 6548-02-87-2356

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.01833
  • Ratio Close Price By Original Li: 1.01833
  • Ratio Current Price By Acre: 657894.74
  • Ratio Current Price By Sq Ft: 146.03
  • Year Built: 1941
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range
  • Flooring: Vinyl, Vinyl Plank
  • Laundry Location: Garage
  • Room Count: 1
  • Main Level Sq Ft: 856
  • Total Sq Ft: 856

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 75 x 110
  • Lot Size Area: 0.190
  • Parcel Number: 6548-02-87-2356
  • Zoning Specification: R-10

Tax Info

  • Tax Value: 53955.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 24, 2021
Sold by
Lee Monserrat A and Lee Neng
Bought by
Regan Melody Gay and Young Tracy
Seller's Agent
Sheila St Germain
EXP Realty LLC Ballantyne
Buyer's Agent
Kyle Christian
Fathom Realty NC LLC
List Price
$122,750
Sold Price
$125,000
Premium/Discount to List
$2,250
1.83%
Current Estimated Value
$180,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,851
Avg. Annual Appreciation
9.50%
Original Mortgage
$123,000
Outstanding Balance
$111,921
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,930

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 31, 2018
Sold by
Broadway Rebecca Diamond and Casper Rebecca Broadway
Bought by
Solis Monserrat A
Seller's Agent
Greg Adams
Reeves Realty & Associates
Buyer's Agent
Sheila St Germain
EXP Realty LLC Ballantyne
List Price
$71,900
Sold Price
$70,000
Premium/Discount to List
-$1,900
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Closed on
Jan 1, 2010
Bought by
Broadway Rebecca Diamond

Purchase Details

Closed on
Feb 19, 2009
Sold by
Casper James Paul
Bought by
Broadway Rebecca Diamond and Casper Rebecca Broadway

Purchase Details

Closed on
Aug 8, 2007
Sold by
Chappell Ted and Chappell Anzenetta K
Bought by
Casper James P and Casper Rebecca B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.63%
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
Regan Melody Gay $125,000 Austin Title Llc
Solis Monserrat A $70,000 None Available
Broadway Rebecca Diamond -- --
Broadway Rebecca Diamond -- None Available
Casper James P $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Melody Gay $123,000
Previous Owner Casper James P $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $125,000 +1.8% $146 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $122,750 +75.4% $143 / Sq Ft
07/31/2018 07/31/18 Sold $70,000 -2.6% $81 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $71,900 -- $84 / 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 $1,261 $112,588 $14,512 $98,076
2024 $845 $69,240 $9,868 $59,372
2023 $845 $69,240 $9,868 $59,372
2022 $845 $69,240 $9,868 $59,372
2021 $845 $69,240 $9,868 $59,372
2020 $700 $53,955 $9,094 $44,861
2019 $707 $53,955 $9,094 $44,861
2018 $1,630 $53,955 $9,094 $44,861
2017 $680 $53,955 $9,094 $44,861
2016 $653 $51,826 $9,481 $42,345
2015 $660 $51,826 $9,481 $42,345
2014 $548 $51,826 $9,481 $42,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3774959

Canopy MLS (Canopy Realtor® Association)

APN: 6548-02-87-2356