5410 Albemarle Rd

4,036 Sq. Ft.
$133 / Sq. Ft.
4,036
Sq. Ft.
$133
per Sq. Ft.

Description

Back on the market at no fault of the seller! Property appraised at list price! Fantastic chance to own a fourplex this close to town! Three units are occupied with month-to-month tenants & the fourth is now vacant. The most similar comparable properties show that rent estimates for these units could be $950/$1000 per month. Three of the four units have had laminate wood floors installed since 2015. Each unit has its own laundry that comes fully equipped with a washer & dryer. A lender pre-approval...Back on the market at no fault of the seller! Property appraised at list price! Fantastic chance to own a fourplex this close to town! Three units are occupied with month-to-month tenants & the fourth is now vacant. The most similar comparable properties show that rent estimates for these units could be $950/$1000 per month. Three of the four units have had laminate wood floors installed since 2015. Each unit has its own laundry that comes fully equipped with a washer & dryer. A lender pre-approval letter or proof of funds is required with all offers that are submitted.
  1. Listed by RE/MAX Executive • michael.m.seaton@gmail.com
  2. Listed by RE/MAX Executive

Property Details for 5410 Albemarle Road

Architectural Style
Traditional
Parking Features
Parking Lot
Community Features
None
Subdivision Name
Hillcrest Acres
LISTING CLOSED: 11/16/2020 12:00 AM

Property Details for 5410 Albemarle Road

StatusClosed
MLS #3621170
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built2002
Lot Size0.29 AC / 12,632 SF
CountyMecklenburg County

Location

Listing Courtesy of RE/MAX Executive

Sold By Metric Realty Company

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Building Information for 5410 Albemarle Road

Stories-Residences-Year Built2002Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$3,127 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,719

Property Taxes

$408

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5410 Albemarle Road

Summary
Location and General Information
  • Longitude: -80.756115
  • Latitude: 35.202859
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $506,900.00
  • Parcel Number: 133-042-10
  • City Taxes Paid To: Charlotte
School Information
  • Middle Or Junior School: Eastway
  • High School: Garinger
  • Elementary School: Winterfield
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Below Grade Finished Area: 0.0
  • Sq Ft Garage: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Other: 0.0
  • Lot Features: Private, Wooded
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 85x151x86x151
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction YN: No
  • Photos Count: 1
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Number Of Completed Units Total: 4
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Patio And Porch Features: Balcony, Covered, Front Porch, Other - See Remarks
  • Road Surface Type: Asphalt, Paved
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Hookup, Electric Dryer Hookup, Main Level, Washer Hookup
  • Fireplace YN: No
  • Window Features: Insulated Window(s)
  • Flooring: Carpet, Laminate, Vinyl
  • Foundation Details: Crawl Space
Room Information
Room Information
  • Room Count: 0.0
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Unit Room Type: Living Room, Kitchen, Dining Room
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All except water
  • Pets Allowed: Conditional

Property History for 5410 Albemarle Road

DateEvent & SourcePriceAppreciation
Nov 16, 2020

Closed

CANOPY #3621170

$535,000—
Nov 13, 2020

Closed (Public Record)

Public Record #685963832

$535,000—
Sep 13, 2020

Under Contract-No Show

CANOPY #3621170

—
DateEvent & SourcePrice
11/16/2020

Closed

CANOPY #3621170

$535,000
11/13/2020

Closed (Public Record)

Public Record #685963832

$535,000
09/13/2020

Under Contract-No Show

CANOPY #3621170

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5410 Albemarle Road

Taxable ValueLand$154,700Additions$484,200Total$638,900
Tax Record2025$4,899 ($408 / month)
Home Facts
Baths1Total Finished SqFt4,124 SqFtAbove Grade Finished SqFt4,124 SqFtStories2Lot Size12,930 SqFtStyleMulti-Family Res (5+ Units)Year Built2002ZoningR-17MFCountyMECKLENBURGAPN13304210

Schools near 5410 Albemarle Road

This home is within Charlotte-Mecklenburg School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Winterfield Elementary
PublicPK to 5

Eastway Middle
Public6 to 8

Garinger High School
Public9 to 12

Charlotte East Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Executive

Based on information submitted to the MLS GRID as of 04/01/2021 09:54 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.