NOT LISTED FOR SALE

531 E Main St Albemarle, NC 28001

Estimated Value: $229,000 - $267,000

3 Beds
1.5 Baths
1,428 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $145,000 $102 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,525/month

9 Days on Market

About This Home

As of February 2019

Cute bungalow/cottage just blocks away from new Health Science Campus in downtown. Home features new roof,gutters with guards, and high efficiency HVAC system. Updated bathrooms and kitchen, floors and paint. Original moldings and wood work details. Plaster walls with picture molding. Fenced back yard with view of downtown area. Charm abounds!

Last Agent to Sell the Property

Larry McGuire

Larry McGuire Realty License #255198 Listed on: 02/05/2019

Last Buyer's Agent

Michael Fullerton

Lantern Realty & Development License #C29719

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.29

Parking

  • Gravel Driveway

Home Design

  • Cottage

Additional Features

  • Laminate Flooring

Listing and Financial Details

  • Assessor Parcel Number 6548-03-44-6716

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.05149
  • Ratio Close Price By Original Li: 1.05149
  • Ratio Current Price By Acre: 500000.00
  • Ratio Current Price By Sq Ft: 101.54
  • Year Built: 1930
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Built-Ins
  • Laundry Location: Basement
  • Room Count: 1
  • Sq Ft Additional: 280
  • Main Level Sq Ft: 1428
  • Total Sq Ft: 1428
  • Sq Ft Unheated Basement: 800
  • Sq Ft Unheated Total: 800

Exterior Features

  • Construction: Hard Stucco, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

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

Schools

  • Elementary School: East Albemarle
  • Middle School: Albemarle
  • High School: Albemarle

Lot Info

  • Lot Dimension: 85x150
  • Lot Features: City View
  • Lot Size Area: 0.290
  • Parcel Number: 6548-03-44-6716
  • Zoning Specification: RO

Tax Info

  • Tax Value: 86449.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Hatley Brandan J
Bought by
Eagle Jimmy Lee and Eagle Mary Elizabeth
Current Estimated Value
$252,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,902
Outstanding Balance
$158,298
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$97,571

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 28, 2019
Sold by
Ratzloff David Glen and Ratzloff Margaret Amanda
Bought by
Hatley Brandan J and Trader Free
Seller's Agent
Larry McGuire
Larry McGuire Realty
Buyer's Agent
Michael Fullerton
Lantern Realty & Development
List Price
$137,900
Sold Price
$145,000
Premium/Discount to List
$7,100
5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$137,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2008
Sold by
Dittrick Stephanie B
Bought by
Ratzloff David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,596
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2007
Sold by
Stidham Candace L and Stidham Jonathan W R
Bought by
Dittrick Stephanie B
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
Eagle Jimmy Lee $171,000 --
Hatley Brandan J $145,000 None Available
Ratzloff David $76,000 None Available
Dittrick Stephanie B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Jimmy Lee $167,902
Previous Owner Hatley Brandan J $137,750
Previous Owner Ratzloff David $68,558
Previous Owner Ratzloff David $72,596
Previous Owner Neill Charles E $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $145,000 +5.1% $102 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $137,900 0.0% $97 / Sq Ft
09/02/2014 09/02/14 Rented $675 0.0% --
08/15/2014 08/15/14 Under Contract -- -- --
07/28/2014 07/28/14 For Rent $675 0.0% --
05/12/2014 05/12/14 Rented $675 0.0% --
05/12/2014 05/12/14 Under Contract -- -- --
04/30/2014 04/30/14 For Rent $675 0.0% --
11/27/2013 11/27/13 Rented $675 -6.9% --
10/28/2013 10/28/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent $725 -- --
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
2024 $1,794 $147,082 $11,475 $135,607
2023 $1,794 $147,082 $11,475 $135,607
2022 $1,794 $147,082 $11,475 $135,607
2021 $1,794 $147,082 $11,475 $135,607
2020 $1,121 $86,449 $10,200 $76,249
2019 $1,132 $86,449 $10,200 $76,249
2018 $3,910 $86,449 $10,200 $76,249
2017 $1,089 $86,449 $10,200 $76,249
2016 $995 $78,986 $10,200 $68,786
2015 $1,005 $78,986 $10,200 $68,786
2014 $825 $78,986 $10,200 $68,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3471906

Canopy MLS (Canopy Realtor® Association)

APN: 6548-03-44-6716