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1005 Colonial Dr; Albemarle, NC Property Details

1005 Colonial Dr, Albemarle, NC is a Single Family that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 1005 Colonial Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 2,793 square feet. The lot size of 1005 Colonial Dr is 37,026 square feet.

Off market
1005 Colonial Dr Albemarle, NC 28001
$484,900 Listing Price
3 Beds
3.5 Baths
2,793 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1997
  • Purchase Price: $485,000
  • Est. Equity / %: $458,000 / 100%
  • Gross Yield: 8.358%
  • APN: 654904700549
  • Situs County: Stanly
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: B
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,793/SqFt
  • Lot: 37,026/SqFt
  • Garage: 675/SqFt
  • Living: 2,793/SqFt
  • Building: 2,793/SqFt
  • Garage Finished: 675/SqFt
  • Price Per Square Foot: $173.65

Legal Description

  • Description: HSE 1005 COLONIAL DR LOTS 6 & 7 654919055
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Stanly County Schools
  • Lat / Lon: 35.366985 / -80.18391
  • Subdivision: Melchor Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2916
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

1005 Colonial Dr has no associated ownership info
1005 Colonial Dr has no associated ownership info.

Taxes

1005 Colonial Dr has 10 associated Taxes items

1005 Colonial Dr, Albemarle, NC pays taxes in Stanly County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $421,429. The APN we've located for 1005 Colonial Dr is 654904700549.

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Taxes
  • Assessed Value:  $421,429
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654904700549
  • Assessed Land Value:  53134
  • Market Land Value:  53134
  • Tax Amount:  4720.01
  • Tax Year:  2025
  • Market Value:  421429
  • Market Year:  2025

Tax History

1005 Colonial Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $421,429 Land Value $53,134 Improvement Value $368,295 Tax Amount $4,720.01 Change Rate +0.283693% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $301,385 Land Value $31,397 Improvement Value $269,988 Tax Amount $3,676.9 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $301,385 Land Value $31,397 Improvement Value $269,988 Tax Amount $3,676.9 Change Rate +4.598374% Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $301,385 Land Value $31,397 Improvement Value $269,988 Tax Amount $656.78 Change Rate +0.003024% Assessed CR Tax Rate +0.002179%
Year 2021 Assessed Value $301,385 Land Value $31,397 Improvement Value $269,988 Tax Amount $654.8 Change Rate +0.08594% Assessed CR Tax Rate +0.002173%
Year 2020 Assessed Value $275,300 Land Value $31,397 Improvement Value $243,903 Tax Amount $602.98 Change Rate -0.831116% Assessed CR Tax Rate +0.00219%
Year 2019 Assessed Value $275,300 Land Value $31,397 Improvement Value $243,903 Tax Amount $3,570.37 Change Rate +5.021063% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $275,300 Land Value $31,397 Improvement Value $243,903 Tax Amount $592.98 Change Rate -0.829052% Assessed CR Tax Rate +0.002154%
Year 2017 Assessed Value $275,300 Land Value $31,397 Improvement Value $243,903 Tax Amount $3,468.78 Change Rate +0.003602% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $271,541 Land Value $33,812 Improvement Value $237,729 Tax Amount $3,456.33 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $271,541 Land Value $33,812 Improvement Value $237,729 Tax Amount $3,456.33 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $271,541 Land Value $33,812 Improvement Value $237,729 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,511.08 Change Rate Assessed CR Tax Rate