See Home Value
$324,602*
House - Off Market

1002 Smith Street

Albemarle, NC 28001
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2869 Sqft
$284,000 - $346,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Feb 28, 2023
$296,000
$261,000 by State Employees Credit Union
Mortgage Due Mar 01, 2053

About This Property

REASONS TO BUY A DUPLEX. 1. Your in Law just moved in and you want to save your marriage and your sanity!!  Solution, the duplex has no adjoining door and separate utilities.2. Your marriage is on the rocks but you don't want to leave the kids.  YES buy a duplex and move the X and the kids in Next Door!3. Your BFF is pushing you to get married, she/he says cheaper for two to live together than separately.  Buy a Duplex and move your BFF next door.4. Buying a duplex is a darn good investment!  Your tenant makes part of the mortgage payment and propertytax every month for you. WHAT! Possible tax advantages to offset duplex income.1103 Cardinal, 1935 sq. ft. was partially remodeled 2022. Lg living room with hrwd, tile, laminate flrs, fireplace, pantry, separate laundry, 2 full Bths, 2 Br, possible 3rd child's room or den, partial basement w/room for work shop. 1002 Smith St. 933 sq. ft. Hdwd flrs, 2 Br. 1Bth.  Potential annual income $27,900. Gross return 8%+. Ck Math!

The manager has listed the unit size as 2869 square feet.
Unit Size
2,869Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Mar 3, 2023 No longer available -
No longer available
Feb 28, 2023 Sold to Cierra Jo Caulder, Kathryn ... $296,000
Sold to Cierra Jo Caulder, Kathryn ...
Feb 4, 2023 No longer available -
No longer available
Jan 28, 2023 In contract -
In contract
Jan 17, 2023 Listed $315,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Minimum/playwood materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 564
  • Garage Type: Carport
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,818
  • Building Area: 2,818
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,818
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MELCHOR HEIGHTS
  • Land Acres: 0.55
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: APT SMITH/CARDINAL ST 654807053

Ownership

  • Current Owner : CAULDER CIERRA JO
  • Current Owner 2: TAYLOR KATHRYN C
  • Previous Owner : MORTON MELODY P
  • Previous Owner 2: MORTON MICHAEL R
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 931204

Zoning

  • Zoning: R-10

Geography

  • Account Number: 1542254
  • District: 101
  • Parcel: 654802795446
  • Municipality: ALBEMARLE TOWNSHIP
  • Latitude: 35.3638
  • Longitude: -80.1823

    Address

  • Full Address: 1002 Smith St
  • Address - House Number: 1002
  • Address - Street Name: Smith
  • Address - Suffix Type: St
  • State: NC
  • City Name: Albemarle
  • Carrier Code: C008
  • 4-Digit Zip Code: 3030
  • Zip Code: 28001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,020
  • Tax Rate Code Area: 500:500

    Appraisal Valuation

  • Standard Deviation: 0.1025
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 90
  • Final Value: 310,263
  • High Value: 342,091
  • Low Value: 278,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 28, 2023
  • First Open Lien Mortgage Loan Amount: $261,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $165,545
  • Market Land Value: $20,604
  • Market Improvement Value: $144,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,545
  • Assessed Land Value: $20,604
  • Assessed Improvements Value: $144,941

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Transaction ID: 11908142629
  • Current Sale Price: $296,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 455695

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Feb 28, 2023
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,620 ft²
$167/ft²
$269,900 Dec 12, 2022
-
-

About Melchor Heights


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Frequently Asked Questions

When was property at 1002 Smith Street built and last sold?
The property at 1002 Smith Street was built in 1957 and last sold on Feb 28, 2023 for $296,000.
How much is this home worth?
The estimated value of the home located at 1002 Smith Street is $328,030.
What are some comparable homes to 1002 Smith Street?
Homes that are comparable to 1002 Smith Street include a house property at 1104 Northbrook Drive, 1002 Smith Street, which are both great to check out.

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