$44,000
SOLD FEB 7, 2025

588 Washington Ln Albemarle, NC 28001

0.14 Acre
$314,286 Price per Acre
6,098 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

14% Below List Price

9 Days on Market

About This Lot

As of February 2025

Tear down house has been demolished. Lot ready for new construction. This lot is located in an existing neighborhood that includes several renovated and new construction homes. This lot is close to downtown and close to shopping and restaurants. Ready for your Buyers new home to be built.

Last Agent to Sell the Property

Phil Carey

Worthy & Associates Real Estate LLC Brokerage Email: phcares25@yahoo.com License #219151 Listed on: 01/06/2025

Last Buyer's Agent

Zoraida Payne

Zoraida Delgado Payne Real Estate LLC License #271773

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $194

Lot Details

  • Possible uses of the property include Development
  • Property is zoned R-8

Listing and Financial Details

  • Assessor Parcel Number 654804710881

Property Details

Property Type

Land

Est. Annual Taxes

$194

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: phcares25@yahoo.com
  • Special Features: None

Interior Features

  • Possible Use: Development

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 654804710881
  • 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
Jan 6, 2025
Closed on
Feb 6, 2025
Sold by
Carpe Investments Llc
Bought by
Nunez Mora Jorge
Seller's Agent
Phil Carey
Worthy & Associates Real Estate LLC
Buyer's Agent
Zoraida Payne
Zoraida Delgado Payne Real Estate LLC
List Price
$51,000
Sold Price
$44,000
Premium/Discount to List
-$7,000
-13.73%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4170.85%

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 22, 2022
Sold by
Lilly Kenneth Bernard and Lilly Deborah L
Bought by
Nova Investment Group Llc
Seller's Agent
Carla Weyrick
Allen Tate Albemarle
Buyer's Agent
Macy Jordan
CRE Management, LLC
List Price
$50,000
Sold Price
$28,000
Premium/Discount to List
-$22,000
-44%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.91%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Moses Ernice Lillty
Bought by
Moses Jkames E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $44,000 None Listed On Document
Warranty Deed $44,000 None Listed On Document
Warranty Deed $28,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $290,000 -3.3% $177 / Sq Ft
03/12/2025 03/12/25 For Sale $300,000 +581.8% $183 / Sq Ft
02/07/2025 02/07/25 Sold $44,000 -6.4% $51 / Sq Ft
01/11/2025 01/11/25 Price Changed $47,000 -7.8% $54 / Sq Ft
01/06/2025 01/06/25 For Sale $51,000 +6.3% $59 / Sq Ft
06/15/2023 06/15/23 Sold $48,000 -20.0% $56 / Sq Ft
05/19/2023 05/19/23 Price Changed $60,000 -7.7% $69 / Sq Ft
04/20/2023 04/20/23 For Sale $64,999 +132.1% $75 / Sq Ft
09/22/2022 09/22/22 Sold $28,000 -6.7% $32 / Sq Ft
09/12/2022 09/12/22 Price Changed $30,000 -25.0% $35 / Sq Ft
05/10/2022 05/10/22 Price Changed $40,000 -20.0% $46 / Sq Ft
05/04/2022 05/04/22 For Sale $50,000 -- $58 / 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
2024 $194 $15,897 $2,472 $13,425
2023 $199 $16,298 $2,472 $13,826
2022 $199 $16,298 $2,472 $13,826
2021 $199 $16,298 $2,472 $13,826
2020 $204 $15,762 $2,224 $13,538
2019 $206 $15,762 $2,224 $13,538
2018 $1,512 $15,762 $2,224 $13,538
2017 $199 $15,762 $2,224 $13,538
2016 $227 $18,018 $2,224 $15,794
2015 $229 $18,018 $2,224 $15,794
2014 $248 $18,018 $2,224 $15,794
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4211372

Canopy MLS (Canopy Realtor® Association)

APN: 6548-04-71-0881