Taxes
- Assessed Value: $38,102
- Assessed Year: 2025
- Assessed County: Stanly
- APN: 654803229502
- Assessed Land Value: 11056
- Market Land Value: 11056
- Tax Amount: 426.74
- Tax Year: 2025
- Market Value: 38102
- Market Year: 2025
118 Summit Ave; Albemarle, NC Property Details
Off market
118 Summit Ave Albemarle, NC 28001
$50,000 Listing Price
3 Beds
1 Baths
1,353 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1910
- Purchase Price: $370,000
- Est. Equity / %: $179,000 / 100%
- Gross Yield: 6.463%
- APN: 654803229502
- Situs County: Stanly
- Length Of Ownership: 10 years, 4 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Floor Cover Type: Cork
- Stories: 1
- Exterior Wall Type: Wood Siding
- Interior Wall Type: Wood
- Building Quality: C
- Roof Type: Gable Or Hip
- Roof Cover Type: Composition Shingle
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,353/SqFt
- Lot: 7,405/SqFt
- Living: 1,353/SqFt
- Building: 1,353/SqFt
- Price Per Square Foot: $273.47
Legal Description
- Description: HSE 118 SUMMIT AVE 654818008
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: 35.34465 / -80.197525
- Subdivision: Melchor Heights Subidivision
- Property Class: Residential
- Zoning: R-8A
- County Use Code: 1
Amenities
- Heating Fuel Type: Gas
- Plus Four: 5843
- Fireplaces: 1
- Heating: Space/Suspended
Ownership Info
118 Summit Ave has no associated ownership info
118 Summit Ave has no associated ownership info.
Taxes
118 Summit Ave has 10 associated Taxes items
118 Summit Ave, 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 $38,102. The APN we've located for 118 Summit Ave is 654803229502.
Unlock the full reportTax History
118 Summit Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $38,102 | Land Value $11,056 | Improvement Value $27,046 | Tax Amount $426.74 | Change Rate -0.932999% | Assessed CR | Tax Rate +0.0112% |
| Year 2024 | Assessed Value $23,313 | Land Value $4,592 | Improvement Value $18,721 | Tax Amount $6,369.16 | Change Rate +0.261974% | Assessed CR | Tax Rate +0.273202% |
| Year 2023 | Assessed Value $23,313 | Land Value $4,592 | Improvement Value $18,721 | Tax Amount $5,046.98 | Change Rate | Assessed CR | Tax Rate +0.216488% |
| Year 2022 | Assessed Value $23,313 | Land Value $4,592 | Improvement Value $18,721 | Tax Amount $5,046.98 | Change Rate | Assessed CR | Tax Rate +0.216488% |
| Year 2021 | Assessed Value $23,313 | Land Value $4,592 | Improvement Value $18,721 | Tax Amount $5,046.98 | Change Rate +0.018068% | Assessed CR | Tax Rate +0.216488% |
| Year 2020 | Assessed Value $19,215 | Land Value $3,912 | Improvement Value $15,303 | Tax Amount $4,957.41 | Change Rate +18.8933% | Assessed CR | Tax Rate +0.257997% |
| Year 2019 | Assessed Value $19,215 | Land Value $3,912 | Improvement Value $15,303 | Tax Amount $249.2 | Change Rate -0.949732% | Assessed CR | Tax Rate +0.012969% |
| Year 2018 | Assessed Value $19,215 | Land Value $3,912 | Improvement Value $15,303 | Tax Amount $4,957.41 | Change Rate +19.475859% | Assessed CR | Tax Rate +0.257997% |
| Year 2017 | Assessed Value $19,215 | Land Value $3,912 | Improvement Value $15,303 | Tax Amount $242.11 | Change Rate +0.087304% | Assessed CR | Tax Rate +0.0126% |
| Year 2016 | Assessed Value $17,494 | Land Value $3,912 | Improvement Value $13,582 | Tax Amount $222.67 | Change Rate | Assessed CR | Tax Rate +0.012728% |
| Year 2015 | Assessed Value $17,494 | Land Value $3,912 | Improvement Value $13,582 | Tax Amount $222.67 | Change Rate | Assessed CR | Tax Rate +0.012728% |
| Year 2014 | Assessed Value $17,494 | Land Value $3,912 | Improvement Value $13,582 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $157.22 | Change Rate | Assessed CR | Tax Rate |