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654 Morgan Rd

Albemarle, NC 28001

3 bd 2 ba 1,254 sqft Built 2023 single_family
Most recent sale
$259,000
Apr 3, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Sold $259,000 CanopyMLS
Dec 14, 2023 Listed $265,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $158,202 $41,976 $200,178 $2,242
2023 $34,980 $34,980 $426

Property facts

Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,254 sqft
Lot size
ZIP code
28001
City
Albemarle
Street
Morgan Rd
Coordinates
35.33622, -80.20773

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
$1,693
Gross rental yield
7.84%
Implied cap rate
5.10%
Trend-extrapolated value

Frequently asked questions

When did 654 Morgan Rd last sell?
654 Morgan Rd most recently sold on Apr 3, 2024 for $259,000.
What is the current tax assessment for 654 Morgan Rd?
The most recent total assessment for 654 Morgan Rd (year 2025) is $200,178 with $2,242 in property tax.
How does 654 Morgan Rd's assessment compare to its last sale price?
The current assessment is 22.7% below the last sale price of $259,000.
When was 654 Morgan Rd built?
654 Morgan Rd was built in 2023.
How does 654 Morgan Rd compare to others on Morgan Rd?
We track 5 other properties on Morgan Rd. Browse the list under "Other properties on Morgan Rd" to compare beds, baths, and sale history.
What are the property facts for 654 Morgan Rd?
654 Morgan Rd is a 3 bed, 2 bath, 1,254 sqft single_family.
Is 654 Morgan Rd a flip candidate?
No — 654 Morgan Rd does not appear in our flips dataset.
Is 654 Morgan Rd a tax-appeal candidate?
No — 654 Morgan 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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