NOT LISTED FOR SALE

518 W Mason St Albemarle, NC 28001

Estimated Value: $137,000 - $206,000

2 Beds
1 Bath
1,204 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $129,500 $108 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,022/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • Wood Flooring
  • 1-Story Property

About This Home

As of July 2023

ALBEMARLE - Just a Step Away! This 2-bedroom, 1-bath would be ideal for investment, first-time home buyer or a retirement property. This one-story home features lovely updated kitchen and bath, living room, covered front porch. Conveniently located near shopping, schools, hospital.

Last Agent to Sell the Property

Kat Mcrae

New South Realty, Inc License #121150 Listed on: 06/09/2023

Last Buyer's Agent

Rebekah Taylor

Call It Closed International Inc License #329504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1930

Lot Details

  • Property is zoned R-8

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6548-01-09-7295

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,391

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1930
  • Restrictions: No Representation,N/A
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 107.56
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: None
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1204
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1204
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1204
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Aluminum

Garage/Parking

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

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6548-01-09-7295
  • Development Status: Completed
  • Lot Size: Irregular 83x158
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-8

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 6, 2023
Sold by
Johnson Kyle Adam and Johnson Shynar
Bought by
Floyd Heidi Lynn and Floyd Keith
Seller's Agent
Kat Mcrae
New South Realty, Inc
Buyer's Agent
Rebekah Taylor
Call It Closed International Inc
List Price
$149,500
Sold Price
$129,500
Premium/Discount to List
-$20,000
-13.38%
Views
77
Current Estimated Value
$172,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,258
Avg. Annual Appreciation
13.47%
Original Mortgage
$84,175
Outstanding Balance
$82,137
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$90,621

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 16, 2019
Sold by
Baker Kinlaw Max N and Baker Kinlaw Jeff
Bought by
Johnson Kyle Adam and Johnson Shynar
Seller's Agent
Dan McLemore
United Country Real Estate - The McLemore Group
Buyer's Agent
Kat Mcrae
New South Realty, Inc
List Price
$79,500
Sold Price
$55,000
Premium/Discount to List
-$24,500
-30.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%
Original Mortgage
$44,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2011
Bought by
Kinlaw Max Norman
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Floyd Heidi Lynn $129,500 None Listed On Document
Johnson Kyle Adam $55,000 None Available
Kinlaw Max Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Heidi Lynn $84,175
Previous Owner Johnson Kyle Adam $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Sold $129,500 -13.4% $108 / Sq Ft
06/09/2023 06/09/23 For Sale $149,500 +171.8% $124 / Sq Ft
09/18/2019 09/18/19 Sold $55,000 -30.8% $48 / Sq Ft View Prior Sale
07/11/2019 07/11/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $79,500 -- $69 / 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 $1,391 $124,218 $14,105 $110,113
2024 $902 $73,900 $7,181 $66,719
2023 $640 $52,484 $7,181 $45,303
2022 $640 $52,484 $7,181 $45,303
2021 $640 $52,484 $7,181 $45,303
2020 $445 $34,314 $6,155 $28,159
2019 $450 $34,314 $6,155 $28,159
2018 $450 $34,314 $6,155 $28,159
2017 $432 $34,314 $6,155 $28,159
2016 $435 $34,497 $5,898 $28,599
2015 $439 $34,497 $5,898 $28,599
2014 $474 $34,497 $5,898 $28,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4038501

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-09-7295