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588 Washington Ln

Albemarle, NC 28001

3 bd 3 ba 1,642 sqft Built 2025 Lot 6,098 sqft single_family
Most recent sale
$28,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2025 Sold $262,000 CanopyMLS
Oct 22, 2025 Price changed $267,000 CanopyMLS
Oct 9, 2025 Price changed $275,000 CanopyMLS
Aug 8, 2025 Price changed $285,000 CanopyMLS
Jun 26, 2025 Price changed $290,000 CanopyMLS
Mar 12, 2025 Listed $300,000 CanopyMLS
Feb 7, 2025 Sold $44,000 CanopyMLS
Jun 15, 2023 Sold $48,000 Public Record
Sep 22, 2022 Sold $28,000 MLS #3856265
Sep 12, 2022 Price changed $30,000 MLS #3856265
May 10, 2022 Price changed $40,000 MLS #3856265
May 4, 2022 Listed $50,000 MLS #3856265

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $7,416 $7,416 $83
2023 $13,826 $2,472 $16,298 $198
2022 $13,826 $2,472 $16,298 $198
2021 $13,826 $2,472 $16,298 $199
2020 $13,538 $2,224 $15,762 $204
2019 $13,538 $2,224 $15,762 $206
2018 $13,538 $2,224 $15,762 $204
2017 $13,538 $2,224 $15,762 $199
2016 $15,794 $2,224 $18,018 $227
2015 $15,794 $2,224 $18,018 $225
2014 $15,794 $2,224 $18,018 $227
2013 $15,794 $2,224 $18,018 $222
2012 $17,541 $2,640 $20,181 $248
2011 $17,541 $2,640 $20,181 $248
2010 $17,541 $2,640 $20,181 $248
2009 $17,541 $2,640 $20,181 $248
2008 $17,541 $2,640 $20,181 $248
2007 $17,541 $2,640 $20,181 $248

Property facts

Year built
2025
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,642 sqft
Lot size
6,098 sqft
ZIP code
28001
City
Albemarle
Street
Washington Ln
Coordinates
35.34288, -80.18346

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$168
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 588 Washington Ln last sell?
588 Washington Ln most recently sold on Sep 22, 2022 for $28,000.
What is the current tax assessment for 588 Washington Ln?
The most recent total assessment for 588 Washington Ln (year 2025) is $7,416 with $83 in property tax.
How does 588 Washington Ln's assessment compare to its last sale price?
The current assessment is 73.5% below the last sale price of $28,000.
When was 588 Washington Ln built?
588 Washington Ln was built in 2025.
How does 588 Washington Ln compare to others on Washington Ln?
We track 7 other properties on Washington Ln. Browse the list under "Other properties on Washington Ln" to compare beds, baths, and sale history.
What are the property facts for 588 Washington Ln?
588 Washington Ln is a 3 bed, 3 bath, 1,642 sqft, 6,098 sqft lot single_family.
Is 588 Washington Ln a flip candidate?
Yes — 588 Washington Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 588 Washington Ln a tax-appeal candidate?
No — 588 Washington Ln 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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