359 Palmer St
Albemarle, NC 28001
3 bd 2 ba 1,459 sqft Built 1955 Lot 14,810 sqft single_family
Most recent sale
$247,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $247,000 | MLS #3858852 |
| May 12, 2022 | Listed | $215,000 | MLS #3858852 |
| Feb 28, 2015 | Sold | $86,000 | MLS #2214337 |
| Jul 9, 2014 | Price changed | $99,500 | MLS #2214337 |
| Mar 10, 2014 | Listed | $114,900 | MLS #2214337 |
| Feb 21, 2012 | Listing removed | $107,000 | CanopyMLS |
| Jan 13, 2012 | Price changed | $107,000 | MLS #2037277 |
| Dec 16, 2011 | Listed | $112,000 | MLS #2037277 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $198,113 | $21,825 | $219,938 | $2,463 |
| 2023 | $133,920 | $11,640 | $145,560 | $1,775 |
| 2022 | $95,894 | $11,640 | $107,534 | $1,311 |
| 2021 | $95,894 | $11,640 | $107,534 | $1,312 |
| 2020 | $78,767 | $9,894 | $88,661 | $1,149 |
| 2019 | $78,767 | $9,894 | $88,661 | $1,161 |
| 2018 | $78,767 | $9,894 | $88,661 | $1,149 |
| 2017 | $78,767 | $9,894 | $88,661 | $1,117 |
| 2016 | $87,510 | $8,730 | $96,240 | $1,212 |
| 2015 | $87,510 | $9,000 | $96,510 | $1,203 |
| 2014 | $87,510 | $9,000 | $96,510 | $1,216 |
| 2013 | $83,212 | $9,000 | $92,212 | $1,134 |
| 2012 | $89,100 | $9,996 | $99,096 | $1,218 |
| 2011 | $89,100 | $9,996 | $99,096 | $1,218 |
| 2010 | $89,100 | $9,996 | $99,096 | $1,218 |
| 2009 | $89,100 | $9,996 | $99,096 | $1,218 |
| 2008 | $89,100 | $9,996 | $99,096 | $1,218 |
| 2007 | $89,100 | $9,996 | $99,096 | $1,218 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,459 sqft
Lot size
14,810 sqft
ZIP code
28001
City
Albemarle
Street
Palmer St
Coordinates
35.34528, -80.21012
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
$1,970
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value
—
Frequently asked questions
When did 359 Palmer St last sell?
359 Palmer St most recently sold on Jun 17, 2022 for $247,000.
What is the current tax assessment for 359 Palmer St?
The most recent total assessment for 359 Palmer St (year 2025) is $219,938 with $2,463 in property tax.
How does 359 Palmer St's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $247,000.
When was 359 Palmer St built?
359 Palmer St was built in 1955.
How does 359 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 359 Palmer St?
359 Palmer St is a 3 bed, 2 bath, 1,459 sqft, 14,810 sqft lot single_family.
Is 359 Palmer St a flip candidate?
No — 359 Palmer St does not appear in our flips dataset.
Is 359 Palmer St a tax-appeal candidate?
No — 359 Palmer St 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 Palmer St