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1509 Riley St

Albemarle, NC 28001

2 bd 1 ba 976 sqft Built 1950 Lot 7,992 sqft single_family
Most recent sale
$175,000
Oct 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2024 Listed $235,000 CanopyMLS
Oct 12, 2021 Sold $175,000 CanopyMLS
Aug 27, 2021 Listed $174,900 CanopyMLS
Jan 17, 2020 Sold $25,000 CanopyMLS
Sep 20, 2019 Listing removed CanopyMLS
May 2, 2019 Price changed $30,000 CanopyMLS
Mar 19, 2019 Listed $42,500 CanopyMLS
May 10, 2006 Sold $32,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $113,140 $10,500 $123,640 $1,384
2023 $94,900 $6,300 $101,200 $1,234
2022 $94,900 $6,300 $101,200 $1,234
2021 $21,451 $6,300 $27,751 $338
2020 $22,342 $5,345 $27,687 $359
2019 $22,342 $5,345 $27,687 $362
2018 $22,342 $5,345 $27,687 $359
2017 $22,342 $5,345 $27,687 $348
2016 $24,612 $4,963 $29,575 $372
2015 $24,612 $4,963 $29,575 $368
2014 $24,612 $4,963 $29,575 $372
2013 $24,612 $4,963 $29,575 $363
2012 $23,884 $5,095 $28,979 $356
2011 $23,884 $5,095 $28,979 $356
2010 $23,884 $5,095 $28,979 $356
2009 $23,884 $5,095 $28,979 $356
2008 $23,884 $5,095 $28,979 $356
2007 $23,884 $5,095 $28,979 $356

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
976 sqft
Lot size
7,992 sqft
ZIP code
28001
City
Albemarle
Street
Riley St
Coordinates
35.37837, -80.19739

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,318
Gross rental yield
9.04%
Implied cap rate
5.87%
Trend-extrapolated value

Frequently asked questions

When did 1509 Riley St last sell?
1509 Riley St most recently sold on Oct 12, 2021 for $175,000.
What is the current tax assessment for 1509 Riley St?
The most recent total assessment for 1509 Riley St (year 2025) is $123,640 with $1,384 in property tax.
How does 1509 Riley St's assessment compare to its last sale price?
The current assessment is 29.3% below the last sale price of $175,000.
When was 1509 Riley St built?
1509 Riley St was built in 1950.
How does 1509 Riley St compare to others on Riley St?
We track 8 other properties on Riley St. Browse the list under "Other properties on Riley St" to compare beds, baths, and sale history.
What are the property facts for 1509 Riley St?
1509 Riley St is a 2 bed, 1 bath, 976 sqft, 7,992 sqft lot single_family.
Is 1509 Riley St a flip candidate?
Yes — 1509 Riley St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1509 Riley St a tax-appeal candidate?
No — 1509 Riley 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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