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1200 Melchor Rd

Albemarle, NC 28001

3 bd 3 ba 2,282 sqft Built 1958 Lot 12,632 sqft single_family
Most recent sale
$379,900
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $379,900 MLS #3896654
Aug 19, 2022 Listed $379,900 MLS #3896654
May 27, 2022 Sold $275,000 MLS #3854282
May 12, 2022 Price changed $315,000 MLS #3854282
May 6, 2022 Price changed $345,000 MLS #3854282
May 4, 2022 Listed $375,000 MLS #3854282
Nov 4, 2015 Listing removed $179,900 CanopyMLS
Oct 19, 2015 Listed $179,900 MLS #3123263
Sep 27, 2012 Sold $163,000 MLS #2088338
Jun 1, 2012 Listing removed $168,900 CanopyMLS
Jun 1, 2012 Listed $168,900 MLS #2088338
Feb 24, 2012 Price changed $168,900 MLS #2020755
Jan 2, 2012 Relisted $175,000 MLS #2020755
Dec 31, 2011 Listing removed $175,000 CanopyMLS
Dec 9, 2011 Price changed $175,000 MLS #2020755
Aug 23, 2011 Price changed $184,900 MLS #2020755
Aug 12, 2011 Listing removed $198,900 StanlyCounty
Jul 7, 2011 Price changed $188,500 MLS #2020755
May 24, 2011 Listed $198,900 MLS #65166
May 20, 2011 Listed $198,900 MLS #2020755
Jan 5, 2007 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $274,813 $29,700 $304,513 $3,410
2023 $166,957 $18,900 $185,857 $2,267
2022 $166,957 $18,900 $185,857 $2,267
2021 $166,957 $18,900 $185,857 $2,267
2020 $148,928 $17,550 $166,478 $2,159
2019 $148,928 $17,550 $166,478 $2,181
2018 $148,928 $17,550 $166,478 $2,159
2017 $148,928 $17,550 $166,478 $2,098
2016 $145,812 $16,200 $162,012 $2,041
2015 $145,812 $16,200 $162,012 $2,021
2014 $145,812 $16,200 $162,012 $2,041
2013 $145,812 $16,200 $162,012 $1,993
2012 $148,090 $17,375 $165,465 $2,035
2011 $148,090 $17,375 $165,465 $2,035
2009 $148,090 $17,375 $165,465 $2,035
2008 $100,602 $17,375 $117,977 $1,451
2007 $100,602 $17,375 $117,977 $1,451

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,282 sqft
Lot size
12,632 sqft
ZIP code
28001
City
Albemarle
Street
Melchor Rd
Coordinates
35.36520, -80.18613

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,081
Gross rental yield
9.73%
Implied cap rate
6.33%
Trend-extrapolated value

Frequently asked questions

When did 1200 Melchor Rd last sell?
1200 Melchor Rd most recently sold on Sep 30, 2022 for $379,900.
What is the current tax assessment for 1200 Melchor Rd?
The most recent total assessment for 1200 Melchor Rd (year 2025) is $304,513 with $3,410 in property tax.
How does 1200 Melchor Rd's assessment compare to its last sale price?
The current assessment is 19.8% below the last sale price of $379,900.
When was 1200 Melchor Rd built?
1200 Melchor Rd was built in 1958.
How does 1200 Melchor Rd compare to others on Melchor Rd?
We track 8 other properties on Melchor Rd. Browse the list under "Other properties on Melchor Rd" to compare beds, baths, and sale history.
What are the property facts for 1200 Melchor Rd?
1200 Melchor Rd is a 3 bed, 3 bath, 2,282 sqft, 12,632 sqft lot single_family.
Is 1200 Melchor Rd a flip candidate?
Yes — 1200 Melchor Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1200 Melchor Rd a tax-appeal candidate?
No — 1200 Melchor Rd 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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