520 E Cannon Ave, Albemarle, NC, 28001

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
2 Full Baths
1,244 SqFt
$113/SqFt
House

Location

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520 E Cannon Ave, Albemarle$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage
Year Built1940
HeatingElectric
CoolingCentral Air
FireplaceGas Log
MLS #4195278
StatusActive

About 520 E Cannon Ave

Take a step back in time with this established home in Forest Hills. The first floor has a spacious primary bedroom with a cozy sitting area. The upstairs has built in storage in both bedrooms. Come take a look to see how you could make this your forever home.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,244 SqFt

Listing Office:

  • Office Name: Larry McGuire Realty
  • Office Email: ann@anncrutchfield.com

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Oven, Electric Water Heater, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Linoleum, Wood
  • Interior: Built-in Features
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached Garage

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Albemarle High School, Public District Grades 9-12
  • Stanly Early College High School, Public District Grades 9-12
  • Albemarle Middle School, Public District Grades 6-8
  • Central Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $113/SqFt

Tax Information:

  • Annual Amount: $1,258
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albemarle, NC.

Med. Sold Price

$276.1K

Med. Price/SqFt

$177

Avg. Days On Market

75

# of Sold Homes

35

520 E Cannon Ave vs Albemarle

1 DAY ON ROCKET

-74 Days

$140,000

-$136.1K Less

$113/SqFt

-$65 Less

KEY TAKEAWAY

This property is $136.1K less than the Median Sold Price and $65/SqFt less than other homes in Albemarle, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4195278

Listing Office:

  • Office Name: Larry McGuire Realty
  • Office Email: ann@anncrutchfield.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,258$103,117
2020$1,162$89,649
2019$1,174$89,649
2017$1,130$89,649

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2203726
4
/10
  • Central Elementary School

  • 206 N 3rd St

  • 0.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2203727
3
/10
  • Albemarle Middle School

  • 1811 Badin Rd

  • 1.22 miles

  • Public District Grades 6-8

High School

school-card-donut-2203728
2
/10
  • Albemarle High School

  • 311 Park Ridge Rd

  • 1.05 miles

  • Public District Grades 9-12

school-card-donut-2203729
9
/10
  • Stanly Early College High School

  • 141 College Dr

  • 2.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,625. The most common annual income of people living in Albemarle, NC is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 E Cannon Ave

What is the listing price of this property?

The listing price of 520 E Cannon Ave property is $140,000.

What type of property is this?

The property 520 E Cannon Ave is a house located in Albemarle, North Carolina, 28001.

Is this property for sale now?

Active Listing: 520 E Cannon Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 520 E Cannon Ave are:
Central Elementary School: GreatSchools Rating 4/10
Albemarle Middle School: GreatSchools Rating 3/10
Albemarle High School: GreatSchools Rating 2/10
Stanly Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,258 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 520 E Cannon Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 520 E Cannon Ave is 1,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 E Cannon Ave is 1940.

Rocket HomesNorth CarolinaStanly CountyAlbemarle28001520 E Cannon Ave

This home is located at 520 E Cannon Ave in Albemarle, NC and zip code 28001. This 1,244 square foot home was built in 1940. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $140,000.

Over 6 listings were sold over their listed price in October 2024 in Albemarle, NC. In the same period over 18 listings were sold below the listed price and 11 listings were sold for the listed price. Between September 2024 and October 2024, Albemarle, NC real estate market has seen increase in the number of listings by 10.3%. While the average time on the market in October 2024 was 75 days, the median list price was $276,160.

From Rocket Homes Real Estate and based on county public records data.

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