$124,000
SOLD FEB 21, 2020

803 N 5th St Albemarle, NC 28001

2 Beds
1 Bath
1,325 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

3% Below List Price

About This Home

As of June 2022

Adorable bungalow in Albemarle near the hospital. The home has super large rooms throughout and original refinished hardwood floors. Kitchen has updated cabinetry and stainless steel appliances. Tons of natural light through the replacement windows in all the rooms. beautiful updated bathroom with soaking tub, tiled shower and vessel sink. The house sits on a great level corner lot close to everything in town. This property is ideal for a first time home buyer, small family or people looking to scale down.

Last Agent to Sell the Property

Michael Fullerton

Lantern Realty & Development License #C29719 Listed on: 01/26/2020

Last Buyer's Agent

Maclay Lambert

United Country Real Estate Carolina Properties License #314056

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Parking

  • Shared Driveway

Home Design

  • Cottage

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 6548-01-48-2685

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.96875
  • Ratio Close Price By Original Li: 0.96875
  • Ratio Current Price By Acre: 539130.43
  • Ratio Current Price By Sq Ft: 93.58
  • Year Built: 1910
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1325
  • Total Sq Ft: 1325

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Shared
  • Parking: Detached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.230
  • Parcel Number: 6548-01-48-2685
  • Zoning Specification: R-8

Tax Info

  • Tax Value: 88818.00
  • Tax Location: Albemarle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Jun 3, 2022
Sold by
Waterman Lindsey and Waterman Jonathan Fletcher
Bought by
Davis Wanda
Seller's Agent
Sharon Fraley
Shelton Real Estate Center LLC
Buyer's Agent
Jessy Greene
Four Seasons Realty Albemarle
List Price
$175,000
Sold Price
$178,000
Premium/Discount to List
$3,000
1.71%
Current Estimated Value
$218,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,584
Avg. Annual Appreciation
5.93%
Original Mortgage
$171,770
Outstanding Balance
$164,389
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$49,410

Purchase Details

Listed on
Jan 26, 2020
Closed on
Feb 21, 2020
Sold by
Frey William Patrick Bannon
Bought by
Dennis Lindsey B
Seller's Agent
Michael Fullerton
Lantern Realty & Development
Buyer's Agent
Maclay Lambert
United Country Real Estate Carolina Properties
List Price
$128,000
Sold Price
$124,000
Premium/Discount to List
-$4,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%
Original Mortgage
$125,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Pitman Jeff B
Bought by
Frey William Patrick Bannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2009
Sold by
Huneycutt Richard B and Huneycutt Kay
Bought by
Pitman Jeff B
Source: Public Records

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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 $178,000 --
Warranty Deed $124,000 None Available
Warranty Deed $88,000 None Available
Warranty Deed $74,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,770 New Conventional
Previous Owner $125,500 New Conventional
Previous Owner $77,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $178,000 +1.7% $134 / Sq Ft
03/05/2022 03/05/22 For Sale $175,000 0.0% $132 / Sq Ft
03/04/2022 03/04/22 For Sale $175,000 0.0% $132 / Sq Ft
03/03/2022 03/03/22 For Sale $175,000 +41.1% $132 / Sq Ft
02/21/2020 02/21/20 Sold $124,000 -3.1% $94 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/26/2020 01/26/20 For Sale $128,000 -- $97 / 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 $1,143 $93,648 $8,452 $85,196
2023 $1,142 $93,648 $8,452 $85,196
2022 $1,142 $93,648 $8,452 $85,196
2021 $1,142 $93,648 $8,452 $85,196
2020 $1,152 $88,818 $7,512 $81,306
2019 $1,164 $88,818 $7,512 $81,306
2018 $1,164 $88,818 $7,512 $81,306
2017 $1,119 $88,818 $7,512 $81,306
2016 $723 $57,353 $7,512 $49,841
2015 $730 $57,353 $7,512 $49,841
2014 $677 $57,353 $7,512 $49,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585879

Canopy MLS (Canopy Realtor® Association)

APN: 6548-01-48-2685