NOT LISTED FOR SALE

617 E Cannon Ave Albemarle, NC 28001

Estimated Value: $174,000 - $193,392

2 Beds
1 Bath
1,114 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $126,000 $113 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,125/month

Highlights

  • Lawn
  • 1-Story Property
  • Central Air
  • Fireplace

About This Home

As of November 2023

Welcome to your new home in the coveted Forest Hills neighborhood, offering the perfect blend of tranquility and urban accessibility! This adorable 2-bedroom, 1-bathroom gem is the epitome of comfort and convenience. Nestled in a prime location, just minutes away from Atrium Health Stanly and all that downtown Albemarle has to offer, including the new Pfeiffer University Center for Health Services Campus, trendy breweries, restaurants, and much more! The home features a newly updated kitchen with a gas range, gas fireplace, fenced in backyard, and lawn maintenance included for a hassle-free lifestyle. Additionally, this home is being offered with the option to rent furnished for an additional monthly cost. Detached garage not included.

Last Agent to Rent the Property

Chris Morgan

Larry McGuire Realty Brokerage Email: chris@chrismorganrealty.com License #302397 Listed on: 11/15/2023

Last Renter's Agent

Chris Morgan

Larry McGuire Realty Brokerage Email: chris@chrismorganrealty.com License #302397 Listed on: 11/15/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lawn
  • Property is zoned R-10

Parking

  • 3 Open Parking Spaces

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Fireplace
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • Forest Hills Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 11/15/23
  • Tenant pays for all utilities
  • Assessor Parcel Number 6548-02-57-6286

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Negotiable
  • Pets Allowed: Size Limit
  • Smoking Allowed Yn: 0
  • Lease Term: Other - See Remarks
  • Available Date: 2023-11-15
  • Pet Deposit: 300
  • Security Deposit: 1500
  • Application Fee: 55

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Road Surface Type: Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.26
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: None
  • Main Level Sq Ft: 1114
  • Sq Ft Unheated Total: 0
  • Above Grade Finished Sq Ft: 1114
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1114
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Lawn Maintenance

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6548-02-57-6286
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Hartsell Shawn H and Hartsell Mason L
Bought by
Allen Dawn H and Allen Raymond I
Current Estimated Value
$186,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$125,556
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$60,792

Purchase Details

Closed on
Nov 19, 2020
Sold by
Townsend Donna S
Bought by
Hartsell Shawn Harwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 26, 2019
Sold by
Burleson Brandon David and Burleson Anna Rutledge Holt
Bought by
Townsend Donna S
Seller's Agent
Jody Clodfelter
Lantern Realty & Development
Buyer's Agent
Elaine Hollins
Century 21 Russ Hollins, Realtors
List Price
$126,000
Sold Price
$126,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Williams Olin David and Williams Bernice
Bought by
Burleson Brandon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2011
Sold by
Fitzgerald Vera H
Bought by
Williams Olin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Allen Dawn H $180,000 None Listed On Document
Allen Dawn H $180,000 None Listed On Document
Hartsell Shawn Harwood $130,000 None Available
Townsend Donna S $126,000 None Available
Burleson Brandon David $86,000 None Available
Williams Olin David $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Dawn H $126,000
Closed Allen Dawn H $126,000
Previous Owner Hartsell Shawn Harwood $103,000
Previous Owner Burleson Brandon David $86,400
Previous Owner Williams Olin David $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2023 11/26/23 Rented $1,400 -6.7% --
11/15/2023 11/15/23 For Rent $1,500 0.0% --
11/26/2019 11/26/19 Sold $126,000 0.0% $113 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $126,000 -- $113 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,630 $145,527 $25,425 $120,102
2024 $1,232 $100,964 $17,797 $83,167
2023 $1,232 $100,964 $17,797 $83,167
2022 $1,232 $100,964 $17,797 $83,167
2021 $1,232 $100,964 $17,797 $83,167
2020 $1,094 $84,382 $16,526 $67,856
2019 $1,105 $84,382 $16,526 $67,856
2018 $1,105 $84,382 $16,526 $67,856
2017 $1,063 $84,382 $16,526 $67,856
2016 $1,002 $79,511 $15,255 $64,256
2015 $1,012 $79,511 $15,255 $64,256
2014 $470 $79,511 $15,255 $64,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4086532

Canopy MLS (Canopy Realtor® Association)

APN: 6548-02-57-6286