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325 Ml King Dr; Albemarle, NC Property Details

325 Ml King Dr, Albemarle, NC is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 325 Ml King Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,967 square feet. The lot size of 325 Ml King Dr is 10,890 square feet.

Off market
325 Ml King Dr Albemarle, NC 28001
$123,992 Estimated Value
3 Beds
2 Baths
1,967 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1920
  • Open Loans / Balance: 2 / $182,070
  • Est. Equity / %: $23,930 / 11.62%
  • Gross Yield: 9.973%
  • APN: 654803430932
  • Situs County: Stanly
  • Length Of Ownership: 14 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Vinyl
  • Stories: 1.5
  • Exterior Wall Type: Combination
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,967/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,967/SqFt
  • Building: 1,967/SqFt

Legal Description

  • Description: HSE 325 DR M L K JR DR 654814136
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: 35.34849 / -80.19379
  • Subdivision: Southside Property
  • Property Class: Residential
  • Zoning: CBD
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5946
  • Cooling: Window\Unit
  • Heating: Yes

Ownership Info

325 Ml King Dr has no associated ownership info
325 Ml King Dr has no associated ownership info.

Taxes

325 Ml King Dr has 10 associated Taxes items

325 Ml King 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 $123,992. The APN we've located for 325 Ml King Dr is 654803430932.

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Taxes
  • Assessed Value:  $123,992
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654803430932
  • Assessed Land Value:  12854
  • Market Land Value:  12854
  • Tax Amount:  1388.71
  • Tax Year:  2025
  • Market Value:  123992
  • Market Year:  2025

Tax History

325 Ml King Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $123,992 Land Value $12,854 Improvement Value $111,138 Tax Amount $1,388.71 Change Rate -0.375546% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $90,254 Land Value $5,339 Improvement Value $84,915 Tax Amount $2,223.88 Change Rate +0.187526% Assessed CR Tax Rate +0.02464%
Year 2023 Assessed Value $90,254 Land Value $5,339 Improvement Value $84,915 Tax Amount $1,872.7 Change Rate +0.004921% Assessed CR Tax Rate +0.020749%
Year 2022 Assessed Value $90,254 Land Value $5,339 Improvement Value $84,915 Tax Amount $1,863.53 Change Rate +0.001064% Assessed CR Tax Rate +0.020648%
Year 2021 Assessed Value $90,254 Land Value $5,339 Improvement Value $84,915 Tax Amount $1,861.55 Change Rate +0.198935% Assessed CR Tax Rate +0.020626%
Year 2020 Assessed Value $55,076 Land Value $4,548 Improvement Value $50,528 Tax Amount $1,552.67 Change Rate +1.173755% Assessed CR Tax Rate +0.028191%
Year 2019 Assessed Value $55,076 Land Value $4,548 Improvement Value $50,528 Tax Amount $714.28 Change Rate -0.512995% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $55,076 Land Value $4,548 Improvement Value $50,528 Tax Amount $1,466.68 Change Rate +1.113494% Assessed CR Tax Rate +0.02663%
Year 2017 Assessed Value $55,076 Land Value $4,548 Improvement Value $50,528 Tax Amount $693.96 Change Rate +0.087269% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $50,144 Land Value $4,548 Improvement Value $45,596 Tax Amount $638.26 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $50,144 Land Value $4,548 Improvement Value $45,596 Tax Amount $638.26 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $50,144 Land Value $4,548 Improvement Value $45,596 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $695.13 Change Rate Assessed CR Tax Rate