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40220 Tower Rd; Albemarle, NC Property Details

40220 Tower Rd, Albemarle, NC is a Single Family that was built in 1991. This property is currently Financed and is not for sale. Our records show that 40220 Tower Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,643 square feet. The lot size of 40220 Tower Rd is 130,680 square feet.

Off market
40220 Tower Rd Albemarle, NC 28001
$258,022 Estimated Value
3 Beds
2 Baths
1,643 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $192,000
  • Est. Equity / %: $350,000 / 100%
  • Gross Yield: 7.927%
  • APN: 665103323572
  • Situs County: Stanly
  • Length Of Ownership: 19 years, 3 months

Rooms

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

Structure

  • Floor Cover Type: Vinyl
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic

Measurements

  • Total: 1,643/SqFt
  • Lot: 130,680/SqFt
  • Garage: 483/SqFt
  • Living: 1,643/SqFt
  • Building: 1,643/SqFt
  • Garage Finished: 483/SqFt
  • Price Per Square Foot: $116.86

Legal Description

  • Description: HSE 40220 TOWER RD 665100142
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: 35.42758 / -80.162964
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 7948
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

40220 Tower Rd has no associated ownership info
40220 Tower Rd has no associated ownership info.

Taxes

40220 Tower Rd has 10 associated Taxes items

40220 Tower 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 $258,022. The APN we've located for 40220 Tower Rd is 665103323572.

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Taxes
  • Assessed Value:  $258,022
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  665103323572
  • Assessed Land Value:  47000
  • Market Land Value:  47000
  • Tax Amount:  1515.88
  • Tax Year:  2025
  • Market Value:  258022
  • Market Year:  2025

Tax History

40220 Tower Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $258,022 Land Value $47,000 Improvement Value $211,022 Tax Amount $1,515.88 Change Rate +0.170022% Assessed CR Tax Rate +0.005875%
Year 2024 Assessed Value $189,105 Land Value $27,000 Improvement Value $162,105 Tax Amount $1,295.6 Change Rate +0.320478% Assessed CR Tax Rate +0.006851%
Year 2023 Assessed Value $189,105 Land Value $27,000 Improvement Value $162,105 Tax Amount $981.16 Change Rate +0.029851% Assessed CR Tax Rate +0.005188%
Year 2022 Assessed Value $189,105 Land Value $27,000 Improvement Value $162,105 Tax Amount $952.72 Change Rate Assessed CR Tax Rate +0.005038%
Year 2021 Assessed Value $189,105 Land Value $27,000 Improvement Value $162,105 Tax Amount $952.72 Change Rate +0.030837% Assessed CR Tax Rate +0.005038%
Year 2020 Assessed Value $161,778 Land Value $24,000 Improvement Value $137,778 Tax Amount $924.22 Change Rate -0.228015% Assessed CR Tax Rate +0.005713%
Year 2019 Assessed Value $161,778 Land Value $24,000 Improvement Value $137,778 Tax Amount $1,197.2 Change Rate +0.295363% Assessed CR Tax Rate +0.0074%
Year 2018 Assessed Value $161,778 Land Value $24,000 Improvement Value $137,778 Tax Amount $924.22 Change Rate -0.235733% Assessed CR Tax Rate +0.005713%
Year 2017 Assessed Value $161,778 Land Value $24,000 Improvement Value $137,778 Tax Amount $1,209.29 Change Rate +0.033122% Assessed CR Tax Rate +0.007475%
Year 2016 Assessed Value $155,010 Land Value $21,500 Improvement Value $133,510 Tax Amount $1,170.52 Change Rate Assessed CR Tax Rate +0.007551%
Year 2015 Assessed Value $155,010 Land Value $21,500 Improvement Value $133,510 Tax Amount $1,170.52 Change Rate Assessed CR Tax Rate +0.007551%
Year 2014 Assessed Value $155,010 Land Value $21,500 Improvement Value $133,510 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,122 Change Rate Assessed CR Tax Rate