NOT LISTED FOR SALE

705 W Main St Albemarle, NC 28001

Estimated Value: $481,000 - $497,000

6 Beds
5 Baths
3,821 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $440,000 $115 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,092/month

1 Day on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • Patio
  • Shed

About This Home

As of May 2022

Folks, it's more than Historic...it's absolutely STUNNING! Popular "Four Square" 1920's design, this one is all you'd hope it would be and the house family and friends will talk about. One of Albemarle's most elegant early homes, built by the founder of Efird Manufacturing Company in 1924. Bold rusticated granite construction, classic granite columns, a MASSIVE inviting wrap around porch that'll temp you to "sit a spell" rain or shine, all trimmed in beautifully engineered landscaping and a fenced in lawn. 'Been looking for the "WOW" factor? The moment you step through the door, images of the old Hollywood movie scenes of the elite in their lavish homes will flood into your mind. It's elegant, grand, lavish..but maybe it's most unique attribute, despite it's large open rooms and 10' ceilings, it still makes you feel as cozy as can be. Gorgeous open living room, parlor/study, sunroom, formal dining room, beautifully updated kitchen and an amazing outdoor living space! Welcome HOME!!

Last Agent to Sell the Property

Jody Clodfelter

Lantern Realty & Development License #297153 Listed on: 03/18/2022

Last Buyer's Agent

Jennifer Lingerfelt

Central Carolina Real Estate Group LLC License #261991

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as RO

Home Design

  • Stone Siding

Interior Spaces

  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 6548-03-04-3474

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,045

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1924
  • Ratio Current Price By Acre: 977777.78
  • Restrictions: No Representation
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Basement Shop
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2545
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1276
  • Porch: Covered,Front,Patio,Porch-Wrap Around
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Living Area: 3821
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Albemarle
  • Construction Type: Site Built
  • Construction Type: Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Lot Features: City View, Corner Lot, Level, Paved, Wooded
  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Parcel Number: 6548-03-04-3474
  • Zoning Description: RO

Tax Info

  • RATIO List Price By Tax Amount: 1.29668

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 12, 2022
Sold by
Baldwin Laurie E and Baldwin Sally S
Bought by
Thomas Sache
Seller's Agent
Jody Clodfelter
Lantern Realty & Development
Buyer's Agent
Jennifer Lingerfelt
Central Carolina Real Estate Group LLC
List Price
$429,900
Sold Price
$440,000
Premium/Discount to List
$10,100
2.35%
Current Estimated Value
$498,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,723
Avg. Annual Appreciation
4.05%
Original Mortgage
$440,000
Outstanding Balance
$416,507
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$83,874

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 5, 2021
Sold by
Currie Patrick W and Currie Lisa W
Bought by
Baldwin Sally S and Baldwin Laurie Eugene
Seller's Agent
Mary Allen
Corcoran HM Properties
Buyer's Agent
Mary Allen
Corcoran HM Properties
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%

Purchase Details

Closed on
Aug 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Currie Patrick W and Currie Lisa W

Purchase Details

Closed on
Jul 3, 2012
Sold by
Mullen Jana R and Mullen Curtis W
Bought by
Federal National Mortgage Association
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
Thomas Sache $440,000 --
Baldwin Sally S $350,000 None Listed On Document
Currie Patrick W -- None Available
Federal National Mortgage Association $222,101 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sache Thomas $440,000
Previous Owner Mullen Jana R $216,000
Previous Owner Mullen Jana R $216,500
Previous Owner Mullen Curtis W $211,000
Closed Thomas Sache $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $440,000 +2.3% $115 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $429,900 +22.9% $113 / Sq Ft
01/05/2021 01/05/21 Sold $349,900 0.0% $92 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $349,900 -- $92 / 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 $4,045 $331,538 $11,781 $319,757
2023 $4,045 $331,538 $11,781 $319,757
2022 $4,045 $331,538 $11,781 $319,757
2021 $4,053 $331,538 $11,781 $319,757
2020 $2,818 $216,587 $9,009 $207,578
2019 $2,851 $216,587 $9,009 $207,578
2018 $2,837 $216,587 $9,009 $207,578
2017 $2,729 $216,587 $9,009 $207,578
2016 $2,657 $210,873 $8,316 $202,557
2015 $2,782 $218,554 $8,316 $210,238
2014 $2,596 $218,554 $8,316 $210,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3836806

Canopy MLS (Canopy Realtor® Association)

APN: 6548-03-04-3474