NOT LISTED FOR SALE

707 Shady Dr Unit 1 Albemarle, NC 28001

Estimated Value: $347,000 - $369,000

4 Beds
2.5 Baths
1,856 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $330,000 $178 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,117/month

150 Days on Market

Highlights

  • Under Construction
  • Covered patio or porch
  • Central Air
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2023

This Beautiful New Construction home has NO HOA and a HUGE lot and is ready for its first home owner. Home features: OPEN FLOOR PLAN w/ office downstairs, 30 yr Architectural Shingle roof, Quartz Countertops, Soft-Close Cabinets, Stainless Steel appliances (Refrigerator INCLUDED), Tiled backsplash, Primary bath Double vanity w/ Tile shower (Glass Door), Second full bath also has beautiful quartz countertops and includes tub, Laundry room, Recess LED lighting, Covered front Porch, LONG Driveway for additional parking. Home is located just 2 miles from downtown Albermarle. Home comes with a one year home warranty!!!

Last Agent to Sell the Property

Philip Logarides

Carolinas Key Realty LLC License #282723 Listed on: 01/26/2023

Last Buyer's Agent

Gantig Damdinbazar

Keller Williams Connected License #346365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.55 Acre Lot
  • Property is zoned R-10

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by RR New Life Construction

Listing and Financial Details

  • Assessor Parcel Number 654904645085

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2023-02-24
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 177.80
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 863
  • 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: 993
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1856
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1856
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 150

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 257
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Parcel Number: 654904645085
  • Plat Reference Section Pages: 704
  • Development Status: Under Construction
  • Lot Size Acres: 0.55
  • Lot Size: .55
  • Lot Size Sq Ft: 23958
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-10

Building Info

  • Builder Name: RR New Life Construction

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Aug 16, 2023
Sold by
J & R Perez Investments Llc
Bought by
Tate Leroy B and Tate Toshia
Seller's Agent
Philip Logarides
Carolinas Key Realty LLC
Buyer's Agent
Gantig Damdinbazar
Keller Williams Connected
List Price
$339,999
Sold Price
$330,000
Premium/Discount to List
-$9,999
-2.94%
Total Days on Market
150
Views
156
Current Estimated Value
$358,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,527
Avg. Annual Appreciation
4.74%
Original Mortgage
$226,000
Outstanding Balance
$221,939
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$136,588

Purchase Details

Closed on
Jul 23, 2021
Sold by
Welch Jack Paul and Welch Patricia K
Bought by
J & R Perez Investments Llc

Purchase Details

Closed on
Sep 19, 2013
Sold by
Welch Jack Paul and Welch Patricia K
Bought by
Welch Jack Paul and Welch Patricia K
Source: Public Records

Similar Homes in Albemarle, NC

  • 805 East St, Albemarle, NC 28001

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,737 Sq Ft
    • 805 East St
    • Albemarle, NC

    This beautifully remodeled Colonial-style brick home offers timeless charm with modern updates throughout. Featuring hardwood, stone, and tile floors, this home exudes elegance and durability. The brand-new roof and HVAC system ensure efficiency and peace of mind. Freshly painted inside and out, it boasts updated fixtures and stylish finishes. The kitchen is a showstopper with new cabinets,

    Amanda Cody HOMETOWN REALTY PROS LLC

    Section Image
  • 32874 Old Salisbury Rd, Albemarle, NC 28001

    $299,000

    • 3 Beds
    • 2 Baths
    • 1,144 Sq Ft
    • 32874 Old Salisbury Rd
    • Albemarle, NC

    New Construction. Well designed open floor pan with great room and island kitchen. Primary suite has walk in closet & full bath. Great rural small town location. Just outside of Albamarle City limits. Large covered front porch and open rear deck. Approximately 1.16 +/- acres. Available only to an aging (50 ys or older) or Service Connected Disabled Vet w/rating from VA. Mortgage payments is on

    Angela Byrd Keller Williams Realty

    Section Image
  • 503 Overbrook Dr, Albemarle, NC 28001

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,395 Sq Ft
    • 503 Overbrook Dr
    • Albemarle, NC

    Charming 3 bed, 2 bath home in the desirable North Stanly school district! Nestled on a 0.73-acre wooded lot, this home offers privacy and peaceful surroundings. Enjoy the outdoors from the rocking chair front porch or the spacious back deck. Inside, you'll find updated laminate flooring in the bedrooms and primary bath, a cozy living room with a gas log fireplace, and a 2-car attached garage

    Amanda Cody HOMETOWN REALTY PROS LLC

    Section Image
  • 603 Smokehouse Ln, Albemarle, NC 28001

    $300,000

    • 4 Beds
    • 2.5 Baths
    • 3,428 Sq Ft
    • 603 Smokehouse Ln
    • Albemarle, NC

    Spacious and full of potential, this 3,428 sq. ft. home at 603 Smokehouse Ln, Albemarle, NC is ready for its next owner! Featuring 4 bedrooms, 2.5 baths, and an attached 2-car garage, this home offers an expansive open floor plan, perfect for entertaining. The oversized living areas provide flexibility for dining, relaxation, or work-from-home setups. The large kitchen boasts ample cabinetry, and

    Amanda Cody HOMETOWN REALTY PROS LLC

    Section Image
  • 1511 Liberty Ave, Albemarle, NC 28001

    $265,000

    • 3 Beds
    • 2 Baths
    • 1,416 Sq Ft
    • 1511 Liberty Ave
    • Albemarle, NC

    Like new custom built ranch home just minutes from downtown Albemarle with rocking chair front porch. This open floor plan features vinyl plank flooring throughout and is great for entertaining. The kitchen has granite counter tops, real wood custom cabinets, stainless steel appliance, pantry and a center island that is moveable. The large primary suite features a huge walk in closet and an

    Michael Calabrese Prism Properties & Development Inc

    Section Image
  • 1109 Freeman View Dr, Albemarle, NC 28001

    $299,900

    • 3 Beds
    • 2.5 Baths
    • 1,924 Sq Ft
    • 1109 Freeman View Dr
    • Albemarle, NC

    Back on the market at no fault of the Seller!!! Come check out this well maintained 3 bedroom, 2.5 bath home in Morgan Hills. Home features upgraded ceiling fans and light fixtures. The main floor includes a spacious great room, a large kitchen with a huge island and dining area. The kitchen features plenty of cabinet space, a pantry, quartz countertops and stainless appliances including the

    Tina Hunter Howell Hunter Homes Realty

    Section Image
  • 1405 Northcrest Dr, Albemarle, NC 28001

    $386,900

    • 5 Beds
    • 3.5 Baths
    • 3,850 Sq Ft
    • 1405 Northcrest Dr
    • Albemarle, NC

    **Motivated Sellers** Welcome to this beautiful one story home with full basement in the desirable Melchor Heights! This home offers 3 great sized bedrooms and an oversized primary suite with double closets. Each bedroom is equipped with plenty of closet space. Kitchen offers more counter space and cabinetry than you will ever need. Formal dining room, formal living room, and screened-in porch

    Logan Andrew Premier South

    Section Image
  • 1212 Ridge St, Albemarle, NC 28001

    $319,000

    • 3 Beds
    • 3 Baths
    • 2,498 Sq Ft
    • 1212 Ridge St
    • Albemarle, NC

    Priced $27k under appraisal,this stunning 3 bedroom, 3 bath bath home is waiting for someone new to love it! Stepping in, you'll notice the well-designed layout and plenty of natural light flooding the rooms, keeping everything bright and airy. Moving through the large living room with cozy wood burning fireplace, the kitchen features a comfy breakfast nook along with a host of upgrades-stainless

    Melissa Quick Key Real Estate

    Section Image
  • 936 N 5th St, Albemarle, NC 28001

    $299,900

    • 2 Beds
    • 2 Baths
    • 1,897 Sq Ft
    • 936 N 5th St
    • Albemarle, NC

    This beautifully maintained brick home in Forest Hills is a must see. This spacious two-bedroom brick home has tons of features including a large front porch, concrete circular driveway, partially fenced backyard, storage building, attached garage, detached two-car carport, gas logs, spacious basement for storage, leaf guard gutters, and an awning covered patio. Interior features include a large

    Pate Butler Lantern Realty & Development

    Section Image

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 Buyer Sale Price Title Company
Tate Leroy B $330,000 None Listed On Document
J & R Perez Investments Llc $40,000 None Available
Welch Jack Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Leroy B $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $330,000 0.0% $178 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/09/2023 06/09/23 Price Changed $329,999 -1.5% $178 / Sq Ft
05/18/2023 05/18/23 Price Changed $334,999 -1.5% $180 / Sq Ft
05/05/2023 05/05/23 For Sale $339,999 0.0% $183 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $339,999 -1.4% $183 / Sq Ft
03/24/2023 03/24/23 Price Changed $345,000 -1.4% $186 / Sq Ft
03/08/2023 03/08/23 Price Changed $350,000 -2.8% $189 / Sq Ft
01/26/2023 01/26/23 For Sale $359,900 0.0% $194 / Sq Ft
01/26/2023 01/26/23 Price Changed $359,900 -- $194 / 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 $2,578 $211,275 $14,313 $196,962
2023 $1,469 $120,451 $14,313 $106,138
2022 $139 $11,430 $11,430 $0
2021 $139 $11,430 $11,430 $0
2020 $132 $10,160 $10,160 $0
2019 $133 $10,160 $10,160 $0
2018 $133 $10,160 $10,160 $0
2017 $128 $10,160 $10,160 $0
2016 $128 $10,160 $10,160 $0
2015 $129 $10,160 $10,160 $0
2014 $95 $10,160 $10,160 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3938227

Canopy MLS (Canopy Realtor® Association)

APN: 6549-04-64-5085