Calling all investors! This charming home would be a great canvas for you next fixer upper! Whether you’re looking to buy and hold or, fix and flip. This property would be perfect. Recently sold comps start in the $200k’s! Just bring your vision! Being sold as is, where is. The property is in disrepair, use caution when entering--at you on risk. Cash only, no repairs to be made by the seller. This home is perfectly Priced at $50,000.
Under contract-show
$50,000
118 Summit Ave, Albemarle, NC 28001
3beds
1,353sqft
Est.:
Single Family Residence
Built in 1910
0.19 Acres Lot
$-- Zestimate®
$37/sqft
$-- HOA
What's special
- 569 days |
- 16 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 15, 2025 at 07:28am
Listing Provided by:
Ashley Green ashleybgreen.realtor@gmail.com,
Green Realty Plus
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4140488
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Dimensions: 0' 0" X 0' 0"
Heating
- Other
Cooling
- Other
Appliances
- Included: None
- Laundry: In Unit
Features
- Has basement: No
- Fireplace features: Other - See Remarks
Interior area
- Total structure area: 1,353
- Total interior livable area: 1,353 sqft
- Finished area above ground: 1,353
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Other - See Remarks
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.19 Acres
- Dimensions: 119 x 70
Details
- Parcel number: 654803229502
- Zoning: Resident
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Albemarle
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $28,872
- Annual tax amount: $284
- Date on market: 5/21/2024
- Cumulative days on market: 89 days
- Road surface type: Other, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,091/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2024 | Listed for sale | $50,000-86.5%$37/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4140488 Report a problem | ||
| 3/29/2016 | Sold | $370,000$273/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $284 | $23,313 |
| 2023 | $284 | $23,313 |
| 2022 | $284 | $23,313 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$235/mo
Principal & interest
$194
Property taxes
$23
Home insurance
$18
Climate risks
Neighborhood: 28001
Nearby schools
GreatSchools rating
- 3/10East Albemarle Elementary SchoolGrades: K-5Distance: 1.7 mi
- 2/10Albemarle Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Albemarle High SchoolGrades: 9-12Distance: 1.9 mi
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