37131 Melton Rd
Albemarle, NC 28001
3 bd 2 ba 1,364 sqft Built 1940 Lot 43,560 sqft single_family
Most recent sale
$235,000
Feb 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 8, 2022 | Sold | $235,000 | MLS #3799203 |
| Jun 11, 2021 | Sold | $112,000 | MLS #3741277 |
| May 19, 2021 | Listed | $110,000 | MLS #3741277 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $151,203 | $30,000 | $181,203 | $1,163 |
| 2023 | $117,736 | $16,000 | $133,736 | $1,016 |
| 2022 | $117,736 | $16,000 | $133,736 | $1,016 |
| 2021 | $63,909 | $16,000 | $79,909 | $644 |
| 2020 | $57,483 | $14,000 | $71,483 | $354 |
| 2019 | $57,483 | $14,000 | $71,483 | $352 |
| 2018 | $57,483 | $14,000 | $71,483 | $344 |
| 2017 | $57,483 | $14,000 | $71,483 | $534 |
| 2016 | $53,368 | $12,000 | $65,368 | $489 |
| 2015 | $53,368 | $12,000 | $65,368 | $311 |
| 2014 | $53,368 | $12,000 | $65,368 | $489 |
| 2013 | $53,368 | $12,000 | $65,368 | $471 |
| 2012 | $49,121 | $12,000 | $61,121 | $287 |
| 2011 | $49,121 | $12,000 | $61,121 | $306 |
| 2010 | $49,121 | $12,000 | $61,121 | $288 |
| 2009 | $49,121 | $12,000 | $61,121 | $291 |
| 2008 | $49,121 | $12,000 | $61,121 | $288 |
| 2007 | $49,121 | $12,000 | $61,121 | $286 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,364 sqft
Lot size
43,560 sqft
ZIP code
28001
City
Albemarle
Street
Melton Rd
Coordinates
35.41168, -80.17150
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,841
Gross rental yield
9.40%
Implied cap rate
6.11%
Trend-extrapolated value
—
Frequently asked questions
When did 37131 Melton Rd last sell?
37131 Melton Rd most recently sold on Feb 8, 2022 for $235,000.
What is the current tax assessment for 37131 Melton Rd?
The most recent total assessment for 37131 Melton Rd (year 2025) is $181,203 with $1,163 in property tax.
How does 37131 Melton Rd's assessment compare to its last sale price?
The current assessment is 22.9% below the last sale price of $235,000.
When was 37131 Melton Rd built?
37131 Melton Rd was built in 1940.
How does 37131 Melton Rd compare to others on Melton Rd?
We track 8 other properties on Melton Rd. Browse the list under "Other properties on Melton Rd" to compare beds, baths, and sale history.
What are the property facts for 37131 Melton Rd?
37131 Melton Rd is a 3 bed, 2 bath, 1,364 sqft, 43,560 sqft lot single_family.
Is 37131 Melton Rd a flip candidate?
Yes — 37131 Melton Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 37131 Melton Rd a tax-appeal candidate?
No — 37131 Melton 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 Melton Rd