1240 Hollywood Ter, Albemarle, NC, 28001

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
1 Full Bath
1,366 SqFt
$146/SqFt
House
Schools Nearby

Location

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1240 Hollywood Ter, Albemarle$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport
Year Built1927
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Electric, Heat Pump
MLS #4082586
StatusActive

About 1240 Hollywood Ter

Beautifully renovated house, newly stained hardwood floors, luxury vinyl plank, and fresh paint inside and out. Almost an acre lot with detached double carport. Extra large crawl space for extra storage. Ready to move in! Can be a wonderful investment property or lovely first home to make your own. BRAND NEW HVAC SYSTEM INSTALLED 12/2023.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 1,366 SqFt

Listing Office:

  • Office Name: The Lake Team LLC

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Exhaust Fan
  • Basement: No
  • Flooring Type: Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Detached Carport

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump

School Info

Assigned Schools Information:

  • Albemarle High School, Public District Grades 9-12
  • Stanly Early College High School, Public District Grades 9-12
  • Albemarle Middle School, Public District Grades 6-8
  • Central Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Hwy 49N, right onto N Main St, left onto NC-73E/E Franklin St, Left onto Laurel St, right onto Greenwood St, left onto Carolina Ave, slight left onto Salisbury Ave, right onto Edgemont St, left onto Hollywood Terrace, house on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $393
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albemarle, NC.

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Albemarle, NC

City

Med. Sold Price

$250.1K

Med. Price/SqFt

$174

Avg. Days On Market

54

# of Sold Homes

34

1240 Hollywood Ter vs Albemarle

185 DAYS ON ROCKET

+131 Days

$199,000

-$51.1K Less

$146/SqFt

-$29 Less

KEY TAKEAWAY

This property is $51.1K less than the Median Sold Price and $29/SqFt less than other homes in Albemarle, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4082586

Listing Office:

  • Office Name: The Lake Team LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$393$32,214
2020$376$29,013
2019$380$29,013
2017$366$29,013

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3071013
3
/10

  • Central Elementary School

  • 206 N 3rd St

  • 1.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3071014
5
/10

  • Albemarle Middle School

  • 1811 Badin Rd

  • 2.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3071015
3
/10

  • Albemarle High School

  • 311 Park Ridge Rd

  • 0.92 miles

  • Public District Grades 9-12

school-card-donut-3071016
8
/10

  • Stanly Early College High School

  • 141 College Dr

  • 2.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,014. The majority of Albemarle, NC residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Hollywood Ter

What is the listing price of this property?

The listing price of 1240 Hollywood Ter property is $199,000.

What type of property is this?

The property 1240 Hollywood Ter is a house located in Albemarle, North Carolina, 28001.

Is this property for sale now?

Active Listing: 1240 Hollywood Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 Hollywood Ter are:
Central Elementary School: GreatSchools Rating 3/10
Albemarle Middle School: GreatSchools Rating 5/10
Albemarle High School: GreatSchools Rating 3/10
Stanly Early College High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $393 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1240 Hollywood Ter has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1240 Hollywood Ter is 1,366 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 Hollywood Ter is 1927.

Rocket Homes›North Carolina›Stanly County›Albemarle›28001›1240 Hollywood Ter

This home is located at 1240 Hollywood Ter in Albemarle, NC and zip code 28001. This 1,366 square foot home was built in 1927. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 27, 2023 and is currently priced at $199,000.

Over 5 listings were sold over their listed price in March 2024 in Albemarle, NC. In the same period over 24 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Albemarle, NC between February 2024 and March 2024 increased by 8.3%. Listings spent 54 days on the market in March 2024, and had a median list price of $250,160 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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