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121 Palmer St

Albemarle, NC 28001

3 bd 2 ba 1,330 sqft Built 2021 Lot 12,632 sqft single_family
Most recent sale
$255,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2022 Sold $257,000 CanopyMLS
Oct 11, 2022 Price changed $265,000 MLS #3903103
Sep 16, 2022 Listed $269,000 MLS #3903103
Jul 22, 2022 Sold $255,000 MLS #3871737
Jun 12, 2022 Listed $249,900 MLS #3871737
Mar 30, 2021 Sold $187,000 MLS #3707744
Feb 11, 2021 Listed $179,900 MLS #3707744

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,363 $20,010 $179,373 $2,008
2023 $126,559 $10,672 $137,231 $1,674
2022 $126,559 $10,672 $137,231 $1,674

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,330 sqft
Lot size
12,632 sqft
ZIP code
28001
City
Albemarle
Street
Palmer St
Coordinates
35.34896, -80.21073

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
$1,796
Gross rental yield
8.45%
Implied cap rate
5.49%
Trend-extrapolated value

Frequently asked questions

When did 121 Palmer St last sell?
121 Palmer St most recently sold on Jul 22, 2022 for $255,000.
What is the current tax assessment for 121 Palmer St?
The most recent total assessment for 121 Palmer St (year 2025) is $179,373 with $2,008 in property tax.
How does 121 Palmer St's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $255,000.
When was 121 Palmer St built?
121 Palmer St was built in 2021.
How does 121 Palmer St compare to others on Palmer St?
We track 8 other properties on Palmer St. Browse the list under "Other properties on Palmer St" to compare beds, baths, and sale history.
What are the property facts for 121 Palmer St?
121 Palmer St is a 3 bed, 2 bath, 1,330 sqft, 12,632 sqft lot single_family.
Is 121 Palmer St a flip candidate?
Yes — 121 Palmer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 121 Palmer St a tax-appeal candidate?
No — 121 Palmer St 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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