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615 3rd St

Albemarle, NC 28001

4 bd 2 ba 1,872 sqft Built 1910 Lot 11,326 sqft multi_family
Most recent sale
$165,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $165,000 MLS #3870971
Jun 10, 2022 Listed $198,000 MLS #3870971
Jul 28, 2017 Sold $93,000 MLS #3233725
Nov 28, 2016 Listed $99,500 MLS #3233725
Jul 24, 2013 Sold $34,000 MLS #2159708
Jun 12, 2013 Listed $38,000 MLS #2159708
Apr 25, 2013 Listing removed $39,600 CanopyMLS
Mar 6, 2013 Listed $39,600 MLS #2137305
Sep 30, 2004 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,357 $14,820 $119,177 $1,334
2023 $82,893 $8,208 $91,101 $1,111
2022 $82,893 $8,208 $91,101 $1,111
2021 $82,893 $8,208 $91,101 $1,111
2020 $61,858 $7,296 $69,154 $897
2019 $61,858 $7,296 $69,154 $906
2018 $61,858 $7,296 $69,154 $897
2017 $61,858 $7,296 $69,154 $871
2016 $57,159 $7,296 $64,455 $812
2015 $57,159 $7,296 $64,455 $804
2014 $57,159 $7,296 $64,455 $812
2013 $57,159 $7,296 $64,455 $793
2012 $68,078 $7,524 $75,602 $980
2011 $68,078 $7,524 $75,602 $930
2010 $68,078 $7,524 $75,602 $930
2009 $68,078 $7,524 $75,602 $930
2008 $68,078 $7,524 $75,602 $930
2007 $68,078 $7,524 $75,602 $929

Property facts

Year built
1910
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,872 sqft
Lot size
11,326 sqft
ZIP code
28001
City
Albemarle
Street
3rd St
Coordinates
35.35939, -80.19631

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 615 3rd St last sell?
615 3rd St most recently sold on Jul 1, 2022 for $165,000.
What is the current tax assessment for 615 3rd St?
The most recent total assessment for 615 3rd St (year 2025) is $119,177 with $1,334 in property tax.
How does 615 3rd St's assessment compare to its last sale price?
The current assessment is 27.8% below the last sale price of $165,000.
When was 615 3rd St built?
615 3rd St was built in 1910.
How does 615 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 615 3rd St?
615 3rd St is a 4 bed, 2 bath, 1,872 sqft, 11,326 sqft lot multi_family.
Is 615 3rd St a flip candidate?
No — 615 3rd St does not appear in our flips dataset.
Is 615 3rd St a tax-appeal candidate?
No — 615 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$380.5K
2026 Q4
$392.7K
ZIP 28001 — Median Price History + Forecast

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