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228 Ludlow St

Albemarle, NC 28001

3 bd 1 ba 1,512 sqft Built 1910 Lot 8,625 sqft single_family
Most recent sale
$140,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 16, 2024 Sold $240,000 Public Record
Apr 8, 2024 Sold $140,000 CanopyMLS
Feb 27, 2024 Listed $175,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,264 $13,162 $140,426 $1,572
2023 $62,924 $7,290 $70,214 $856
2022 $62,924 $7,290 $70,214 $856
2021 $62,924 $7,290 $70,214 $856
2020 $56,385 $6,480 $62,865 $815
2019 $56,385 $6,480 $62,865 $823
2018 $56,385 $6,480 $62,865 $815
2017 $56,385 $6,480 $62,865 $792
2016 $55,833 $6,480 $62,313 $785
2015 $55,833 $6,480 $62,313 $777
2014 $55,833 $6,480 $62,313 $785
2013 $55,833 $6,480 $62,313 $766
2012 $58,841 $6,534 $65,375 $804
2011 $58,841 $6,534 $65,375 $804
2010 $58,841 $6,534 $65,375 $804
2009 $58,841 $6,534 $65,375 $804
2008 $58,841 $6,534 $65,375 $804
2007 $58,841 $6,534 $65,375 $804

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,512 sqft
Lot size
8,625 sqft
ZIP code
28001
City
Albemarle
Street
Ludlow St
Coordinates
35.35906, -80.20037

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 228 Ludlow St last sell?
228 Ludlow St most recently sold on Apr 8, 2024 for $140,000.
What is the current tax assessment for 228 Ludlow St?
The most recent total assessment for 228 Ludlow St (year 2025) is $140,426 with $1,572 in property tax.
How does 228 Ludlow St's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $140,000.
When was 228 Ludlow St built?
228 Ludlow St was built in 1910.
How does 228 Ludlow St compare to others on Ludlow St?
We track 1 other property on Ludlow St. Browse the list under "Other properties on Ludlow St" to compare beds, baths, and sale history.
What are the property facts for 228 Ludlow St?
228 Ludlow St is a 3 bed, 1 bath, 1,512 sqft, 8,625 sqft lot single_family.
Is 228 Ludlow St a flip candidate?
Yes — 228 Ludlow St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 228 Ludlow St a tax-appeal candidate?
No — 228 Ludlow 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

Explore nearby

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