116 Cleveland Ave
Albemarle, NC 28001
2 bd 1 ba 924 sqft Built 1925 Lot 30,000 sqft single_family
Most recent sale
$189,000
Feb 22, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 22, 2024 | Sold | $189,000 | CanopyMLS |
| Jan 19, 2024 | Price changed | $189,000 | CanopyMLS |
| Jan 11, 2024 | Price changed | $190,000 | CanopyMLS |
| Jan 7, 2024 | Price changed | $196,000 | CanopyMLS |
| Dec 27, 2023 | Price changed | $197,000 | CanopyMLS |
| Dec 1, 2023 | Listed | $199,900 | CanopyMLS |
| Sep 7, 2023 | Sold | $76,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $132,960 | $9,724 | $142,684 | $1,598 |
| 2022 | $36,990 | $11,188 | $48,178 | $587 |
| 2021 | $36,990 | $11,188 | $48,178 | $587 |
| 2020 | $31,231 | $9,590 | $40,821 | $529 |
| 2019 | $31,231 | $9,590 | $40,821 | $534 |
| 2018 | $31,231 | $9,590 | $40,821 | $529 |
| 2017 | $31,231 | $9,590 | $40,821 | $514 |
| 2016 | $30,166 | $9,190 | $39,356 | $495 |
| 2015 | $30,166 | $9,190 | $39,356 | $490 |
| 2014 | $30,166 | $9,190 | $39,356 | $495 |
| 2013 | $30,166 | $9,190 | $39,356 | $484 |
| 2012 | $36,753 | $11,567 | $48,320 | $594 |
| 2011 | $36,753 | $11,567 | $48,320 | $594 |
| 2010 | $36,753 | $11,567 | $48,320 | $594 |
| 2009 | $36,753 | $11,567 | $48,320 | $594 |
| 2008 | $36,753 | $11,567 | $48,320 | $594 |
| 2007 | $36,753 | $11,567 | $48,320 | $594 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
924 sqft
Lot size
30,000 sqft
ZIP code
28001
City
Albemarle
Street
Cleveland Ave
Coordinates
35.35029, -80.21523
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,247
Gross rental yield
7.92%
Implied cap rate
5.15%
Trend-extrapolated value
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Frequently asked questions
When did 116 Cleveland Ave last sell?
116 Cleveland Ave most recently sold on Feb 22, 2024 for $189,000.
What is the current tax assessment for 116 Cleveland Ave?
The most recent total assessment for 116 Cleveland Ave (year 2025) is $142,684 with $1,598 in property tax.
How does 116 Cleveland Ave's assessment compare to its last sale price?
The current assessment is 24.5% below the last sale price of $189,000.
When was 116 Cleveland Ave built?
116 Cleveland Ave was built in 1925.
How does 116 Cleveland Ave compare to others on Cleveland Ave?
We track 4 other properties on Cleveland Ave. Browse the list under "Other properties on Cleveland Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Cleveland Ave?
116 Cleveland Ave is a 2 bed, 1 bath, 924 sqft, 30,000 sqft lot single_family.
Is 116 Cleveland Ave a flip candidate?
Yes — 116 Cleveland Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 116 Cleveland Ave a tax-appeal candidate?
No — 116 Cleveland Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$380.5K
2026 Q4
$392.7K
ZIP 28001 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cleveland Ave