1507 Melchor Rd
Albemarle, NC 28001
4 bd 3 ba 3,853 sqft Built 1990 Lot 28,160 sqft single_family
Most recent sale
$420,000
Dec 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 29, 2021 | Sold | $420,000 | MLS #3810829 |
| Dec 10, 2021 | Listed | $419,000 | MLS #3810829 |
| Aug 11, 2014 | Sold | $190,000 | Public Record |
| Oct 17, 2009 | Listing removed | $295,000 | StanlyCounty |
| Apr 7, 2009 | Listed | $295,000 | MLS #62171 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $410,209 | $45,619 | $455,828 | $5,105 |
| 2023 | $230,393 | $26,956 | $257,349 | $3,139 |
| 2022 | $230,393 | $26,956 | $257,349 | $3,139 |
| 2021 | $230,393 | $26,956 | $257,349 | $3,140 |
| 2020 | $203,722 | $26,956 | $230,678 | $2,992 |
| 2019 | $203,722 | $26,956 | $230,678 | $3,022 |
| 2018 | $203,722 | $26,956 | $230,678 | $2,992 |
| 2017 | $203,722 | $26,956 | $230,678 | $2,907 |
| 2016 | $206,483 | $29,030 | $235,513 | $2,967 |
| 2015 | $206,483 | $29,030 | $235,513 | $2,938 |
| 2014 | $206,483 | $29,030 | $235,513 | $2,967 |
| 2013 | $206,483 | $29,030 | $235,513 | $2,897 |
| 2012 | $216,371 | $31,587 | $247,958 | $3,050 |
| 2011 | $216,371 | $31,587 | $247,958 | $3,050 |
| 2010 | $220,366 | $31,587 | $251,953 | $3,099 |
| 2009 | $220,366 | $31,587 | $251,953 | $3,099 |
| 2008 | $220,366 | $31,587 | $251,953 | $3,099 |
| 2007 | $220,366 | $31,587 | $251,953 | $3,099 |
Property facts
Year built
1990
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,853 sqft
Lot size
28,160 sqft
ZIP code
28001
City
Albemarle
Street
Melchor Rd
Coordinates
35.37039, -80.18529
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
$2,520
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1507 Melchor Rd last sell?
1507 Melchor Rd most recently sold on Dec 29, 2021 for $420,000.
What is the current tax assessment for 1507 Melchor Rd?
The most recent total assessment for 1507 Melchor Rd (year 2025) is $455,828 with $5,105 in property tax.
How does 1507 Melchor Rd's assessment compare to its last sale price?
The current assessment is 8.5% above the last sale price of $420,000.
When was 1507 Melchor Rd built?
1507 Melchor Rd was built in 1990.
How does 1507 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 1507 Melchor Rd?
1507 Melchor Rd is a 4 bed, 3 bath, 3,853 sqft, 28,160 sqft lot single_family.
Is 1507 Melchor Rd a flip candidate?
No — 1507 Melchor Rd does not appear in our flips dataset.
Is 1507 Melchor Rd a tax-appeal candidate?
No — 1507 Melchor Rd 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 Melchor Rd