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123 Summit Ave; Albemarle, NC Property Details

123 Summit Ave, Albemarle, NC is a Single Family that was built in 1945. This property is currently a cash purchase and is not for sale. Our records show that 123 Summit Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,719 square feet. The lot size of 123 Summit Ave is 23,958 square feet.

Off market
123 Summit Ave Albemarle, NC 28001
$82,504 Estimated Value
2 Beds
2 Baths
1,719 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1945
  • Purchase Price: $106,000
  • Open Loans / Balance: 1 / $184,255
  • Est. Equity / %: $-36,255 / -24.5%
  • Gross Yield: 11.076%
  • APN: 654803320711
  • Situs County: Stanly
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Cork
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Plaster
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,719/SqFt
  • Lot: 23,958/SqFt
  • Living: 1,719/SqFt
  • Building: 1,719/SqFt
  • Price Per Square Foot: $61.66

Legal Description

  • Description: HSE 123 SUMMIT AVE 654814091
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: 35.34521 / -80.19718
  • Property Class: Residential
  • Zoning: R-8A
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5842
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

123 Summit Ave has no associated ownership info
123 Summit Ave has no associated ownership info.

Taxes

123 Summit Ave has 10 associated Taxes items

123 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 $82,504. The APN we've located for 123 Summit Ave is 654803320711.

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Taxes
  • Assessed Value:  $82,504
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654803320711
  • Assessed Land Value:  24675
  • Market Land Value:  24675
  • Tax Amount:  924.04
  • Tax Year:  2025
  • Market Value:  82504
  • Market Year:  2025

Tax History

123 Summit Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,504 Land Value $24,675 Improvement Value $57,829 Tax Amount $924.04 Change Rate +0.548636% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $48,908 Land Value $10,249 Improvement Value $38,659 Tax Amount $596.68 Change Rate +0.133985% Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $43,129 Land Value $10,249 Improvement Value $32,880 Tax Amount $526.18 Change Rate -0.532309% Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $92,218 Land Value $10,249 Improvement Value $81,969 Tax Amount $1,125.06 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $92,218 Land Value $10,249 Improvement Value $81,969 Tax Amount $1,125.06 Change Rate +0.127416% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $76,176 Land Value $8,731 Improvement Value $67,445 Tax Amount $997.91 Change Rate +0.010102% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $76,176 Land Value $8,731 Improvement Value $67,445 Tax Amount $987.93 Change Rate -0.010001% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $76,176 Land Value $8,731 Improvement Value $67,445 Tax Amount $997.91 Change Rate +0.039685% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $76,176 Land Value $8,731 Improvement Value $67,445 Tax Amount $959.82 Change Rate +0.008246% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $74,789 Land Value $8,731 Improvement Value $66,058 Tax Amount $951.97 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $74,789 Land Value $8,731 Improvement Value $66,058 Tax Amount $951.97 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $74,789 Land Value $8,731 Improvement Value $66,058 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,003.94 Change Rate Assessed CR Tax Rate