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1401 Pennington Rd; Albemarle, NC Property Details

1401 Pennington Rd, Albemarle, NC is a Single Family that was built in 1939. This property is currently a cash purchase and is not for sale. Our records show that 1401 Pennington Rd has 2 bedrooms, and 1 bathroom, and a total of 772 square feet. The lot size of 1401 Pennington Rd is 121,097 square feet.

Off market
1401 Pennington Rd Albemarle, NC 28001
$88,637 Estimated Value
2 Beds
1 Baths
772 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1939
  • Purchase Price: $1,000
  • Est. Equity / %: $151,000 / 100%
  • Gross Yield: 7.136%
  • APN: 653904603384
  • Situs County: Stanly
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 772/SqFt
  • Lot: 121,097/SqFt
  • Garage: 360/SqFt
  • Living: 772/SqFt
  • Building: 772/SqFt
  • Garage Unfinished: 360/SqFt
  • Price Per Square Foot: $1.30

Legal Description

  • Description: HSE 1401 PENNINGTON RD 653919003
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: 35.365936 / -80.21945
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 8360
  • Cooling: Central
  • Garage: Carport
  • Heating: Central

Ownership Info

1401 Pennington Rd has no associated ownership info
1401 Pennington Rd has no associated ownership info.

Taxes

1401 Pennington Rd has 10 associated Taxes items

1401 Pennington Rd, 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 $88,637. The APN we've located for 1401 Pennington Rd is 653904603384.

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Taxes
  • Assessed Value:  $88,637
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  653904603384
  • Assessed Land Value:  40130
  • Market Land Value:  40130
  • Tax Amount:  992.74
  • Tax Year:  2025
  • Market Value:  88637
  • Market Year:  2025

Tax History

1401 Pennington Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $88,637 Land Value $40,130 Improvement Value $48,507 Tax Amount $992.74 Change Rate +0.584733% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $51,347 Land Value $22,235 Improvement Value $29,112 Tax Amount $626.44 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $51,347 Land Value $22,235 Improvement Value $29,112 Tax Amount $626.44 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $51,347 Land Value $22,235 Improvement Value $29,112 Tax Amount $626.44 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $51,347 Land Value $22,235 Improvement Value $29,112 Tax Amount $626.44 Change Rate -0.75122% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $46,046 Land Value $18,955 Improvement Value $27,091 Tax Amount $2,518.05 Change Rate +3.216638% Assessed CR Tax Rate +0.054686%
Year 2019 Assessed Value $46,046 Land Value $18,955 Improvement Value $27,091 Tax Amount $597.17 Change Rate -0.761899% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $46,046 Land Value $18,955 Improvement Value $27,091 Tax Amount $2,508.05 Change Rate +3.322883% Assessed CR Tax Rate +0.054468%
Year 2017 Assessed Value $46,046 Land Value $18,955 Improvement Value $27,091 Tax Amount $580.18 Change Rate -0.015192% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $45,481 Land Value $18,010 Improvement Value $27,471 Tax Amount $589.13 Change Rate +0.001122% Assessed CR Tax Rate +0.012953%
Year 2015 Assessed Value $45,481 Land Value $18,010 Improvement Value $27,471 Tax Amount $588.47 Change Rate Assessed CR Tax Rate +0.012939%
Year 2014 Assessed Value $45,481 Land Value $18,010 Improvement Value $27,471 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $620.06 Change Rate Assessed CR Tax Rate