NOT LISTED FOR SALE

615 N 3rd St Unit 4 Albemarle, NC 28001

Estimated Value: $194,000 - $333,000

4 Beds
2 Baths
1,872 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $165,000 $88 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,406/month

2 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating
  • Living Room
  • More Than Two Accessible Exits
  • Dining Area

About This Home

As of July 2022

A great investment opportunity you don't want to miss! New roof installed May of 2022; HVAC newly replaced. Both units are tenant occupied. Please call with any questions!

Last Agent to Sell the Property

Allie Clodfelter

Divine Real Estate Boutique, LLC License #297390 Listed on: 06/10/2022

Last Buyer's Agent

Allie Clodfelter

Divine Real Estate Boutique, LLC License #297390 Listed on: 06/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1910

Lot Details

  • 0.27

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Living Room
  • Dining Area
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Schools

  • Central Albemarle Elementary School
  • Albemarle Middle School
  • Albemarle High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Additional Features

  • More Than Two Accessible Exits
  • Lot Dimensions are 76x150

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water, all utilities
  • Rent includes exterior maintenance, garbage pick-up
  • Assessor Parcel Number 6548-01-37-3809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Year Built: 1910
  • Ratio Current Price By Acre: 634615.38
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Covered,Front,Side
  • Room Other: Bathroom(s),Bedroom(s),Dining Area,Kitchen,Laundry,Living Room
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1872
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 936
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 936

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Property Features: Refrigerator,W/D Connection
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas,Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 6548-01-37-3809
  • Plat Book Slide: 6/61A
  • Plat Reference Section Pages: 61A
  • Lot Size: 76x150
  • Zoning Description: R-8

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up
  • Tenant Pays: Cable TV, Electricity, Gas, Water, All Utilities
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.17341

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2

MLS Schools

  • Elementary School: Central Albemarle
  • High School: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 1, 2022
Sold by
Massey William Stewart and Massey Barbara
Bought by
Hatley Alexandrea
Seller's Agent
Allie Clodfelter
Divine Real Estate Boutique, LLC
Buyer's Agent
Allie Clodfelter
Divine Real Estate Boutique, LLC
List Price
$198,000
Sold Price
$165,000
Premium/Discount to List
-$33,000
-16.67%
Current Estimated Value
$243,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,333
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Jul 26, 2017
Sold by
Carolina Real Estate Properties Llc
Bought by
Massey Barbara Taylor and Massey William Stewart

Purchase Details

Closed on
Jul 1, 2013
Sold by
Deutsche Bank National Trust Compan
Bought by
Carolina Real Estate Properties Llc

Purchase Details

Closed on
Oct 29, 2012
Sold by
Smith Will R
Bought by
Deutsche Bank National Trust Company
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
Hatley Alexandrea $165,000 --
Massey Barbara Taylor $93,000 None Available
Carolina Real Estate Properties Llc $34,000 None Available
Deutsche Bank National Trust Company $54,738 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $165,000 -16.7% $88 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $198,000 -- $106 / 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 $1,335 $119,177 $14,820 $104,357
2024 $1,111 $91,101 $8,208 $82,893
2023 $1,111 $91,101 $8,208 $82,893
2022 $1,111 $91,101 $8,208 $82,893
2021 $1,111 $91,101 $8,208 $82,893
2020 $897 $69,154 $7,296 $61,858
2019 $906 $69,154 $7,296 $61,858
2018 $906 $69,154 $7,296 $61,858
2017 $871 $69,154 $7,296 $61,858
2016 $812 $64,455 $7,296 $57,159
2015 $820 $64,455 $7,296 $57,159
2014 $930 $64,455 $7,296 $57,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870971

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-37-3809