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122 Morrow Ave

Albemarle, NC 28001

3 bd 1 ba 1,499 sqft Built 1920 Lot 20,909 sqft single_family
Most recent sale
$198,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 21, 2022 Sold $198,000 MLS #3821153
Jun 14, 2022 Price changed $198,000 MLS #3821153
Apr 15, 2022 Relisted $209,993 MLS #3821153
Feb 22, 2022 Price changed $209,993 MLS #3821153
Feb 20, 2022 Price changed $209,994 MLS #3821153
Feb 19, 2022 Price changed $209,995 MLS #3821153
Feb 16, 2022 Price changed $209,996 MLS #3821153
Feb 14, 2022 Price changed $209,997 MLS #3821153
Feb 12, 2022 Price changed $209,998 MLS #3821153
Feb 11, 2022 Price changed $209,999 MLS #3821153
Jan 23, 2022 Listed $210,000 MLS #3821153
Jan 5, 2022 Sold $46,000 Public Record
Oct 12, 2021 Sold $125,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $178,720 $21,384 $200,104 $2,241
2023 $143,449 $7,128 $150,577 $1,837
2022 $57,786 $7,128 $64,914 $791
2021 $57,786 $7,128 $64,914 $792
2020 $49,867 $6,415 $56,282 $730
2019 $49,867 $6,415 $56,282 $737
2018 $49,867 $6,415 $56,282 $730
2017 $49,867 $6,415 $56,282 $709
2016 $50,934 $6,415 $57,349 $723
2015 $50,934 $6,415 $57,349 $715
2014 $50,934 $6,415 $57,349 $723
2013 $50,934 $6,415 $57,349 $705
2012 $50,992 $7,768 $58,760 $723
2011 $50,992 $7,768 $58,760 $723
2010 $50,992 $7,768 $58,760 $723
2009 $50,992 $7,768 $58,760 $723
2008 $50,992 $7,768 $58,760 $723
2007 $50,992 $7,768 $58,760 $722

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,499 sqft
Lot size
20,909 sqft
ZIP code
28001
City
Albemarle
Street
Morrow Ave
Coordinates
35.35178, -80.18293

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
$2,024
Gross rental yield
12.27%
Implied cap rate
7.97%
Trend-extrapolated value

Frequently asked questions

When did 122 Morrow Ave last sell?
122 Morrow Ave most recently sold on Jul 21, 2022 for $198,000.
What is the current tax assessment for 122 Morrow Ave?
The most recent total assessment for 122 Morrow Ave (year 2025) is $200,104 with $2,241 in property tax.
How does 122 Morrow Ave's assessment compare to its last sale price?
The current assessment is 1.1% above the last sale price of $198,000.
When was 122 Morrow Ave built?
122 Morrow Ave was built in 1920.
How does 122 Morrow Ave compare to others on Morrow Ave?
We track 8 other properties on Morrow Ave. Browse the list under "Other properties on Morrow Ave" to compare beds, baths, and sale history.
What are the property facts for 122 Morrow Ave?
122 Morrow Ave is a 3 bed, 1 bath, 1,499 sqft, 20,909 sqft lot single_family.
Is 122 Morrow Ave a flip candidate?
Yes — 122 Morrow Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 122 Morrow Ave a tax-appeal candidate?
No — 122 Morrow Ave 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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