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40775 Stony Gap Rd; Albemarle, NC Property Details

40775 Stony Gap Rd, Albemarle, NC is a Single Family that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 40775 Stony Gap Rd has 3 bedrooms, and 3 bathrooms, and a total of 1,790 square feet. The lot size of 40775 Stony Gap Rd is 99,752 square feet.

Off market  •   Pre Probate ✓
40775 Stony Gap Rd Albemarle, NC 28001
$347,922 Estimated Value
3 Beds
3 Baths
1,790 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1968
  • Purchase Price: $205,000
  • Est. Equity / %: $403,000 / 100%
  • Gross Yield: 7.334%
  • APN: 655704735323
  • Situs County: Stanly
  • Length Of Ownership: 8 years, 5 months

Rooms

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

Structure

  • Floor Cover Type: Tile
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • 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: 1,790/SqFt
  • Lot: 99,752/SqFt
  • Garage: 600/SqFt
  • Living: 1,790/SqFt
  • Basement: 985/SqFt
  • Building: 1,790/SqFt
  • Garage Finished: 600/SqFt
  • Basement Unfinished: 985/SqFt
  • Price Per Square Foot: $114.53

Legal Description

  • Description: HSE 40775 STONY GAP RD 655700045
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: 35.319904 / -80.148125
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 8152
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

40775 Stony Gap Rd has no associated ownership info
40775 Stony Gap Rd has no associated ownership info.

Taxes

40775 Stony Gap Rd has 10 associated Taxes items

40775 Stony Gap 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 $347,922. The APN we've located for 40775 Stony Gap Rd is 655704735323.

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Taxes
  • Assessed Value:  $347,922
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  655704735323
  • Assessed Land Value:  39110
  • Market Land Value:  39110
  • Tax Amount:  2296.28
  • Tax Year:  2025
  • Market Value:  347922
  • Market Year:  2025

Tax History

40775 Stony Gap Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $347,922 Land Value $39,110 Improvement Value $308,812 Tax Amount $2,296.28 Change Rate +0.403277% Assessed CR Tax Rate +0.0066%
Year 2024 Assessed Value $215,312 Land Value $26,240 Improvement Value $189,072 Tax Amount $1,636.37 Change Rate Assessed CR Tax Rate +0.0076%
Year 2023 Assessed Value $215,312 Land Value $26,240 Improvement Value $189,072 Tax Amount $1,636.37 Change Rate Assessed CR Tax Rate +0.0076%
Year 2022 Assessed Value $215,312 Land Value $26,240 Improvement Value $189,072 Tax Amount $1,636.37 Change Rate Assessed CR Tax Rate +0.0076%
Year 2021 Assessed Value $215,312 Land Value $26,240 Improvement Value $189,072 Tax Amount $1,636.37 Change Rate +0.193194% Assessed CR Tax Rate +0.0076%
Year 2020 Assessed Value $167,247 Land Value $22,772 Improvement Value $144,475 Tax Amount $1,371.42 Change Rate +0.941531% Assessed CR Tax Rate +0.0082%
Year 2019 Assessed Value $167,247 Land Value $22,772 Improvement Value $144,475 Tax Amount $706.36 Change Rate -0.451499% Assessed CR Tax Rate +0.004223%
Year 2018 Assessed Value $167,247 Land Value $22,772 Improvement Value $144,475 Tax Amount $1,287.8 Change Rate Assessed CR Tax Rate +0.0077%
Year 2017 Assessed Value $167,247 Land Value $22,772 Improvement Value $144,475 Tax Amount $1,287.8 Change Rate +0.015775% Assessed CR Tax Rate +0.0077%
Year 2016 Assessed Value $162,985 Land Value $20,450 Improvement Value $142,535 Tax Amount $1,267.8 Change Rate Assessed CR Tax Rate +0.007779%
Year 2015 Assessed Value $162,985 Land Value $20,450 Improvement Value $142,535 Tax Amount $1,267.8 Change Rate Assessed CR Tax Rate +0.007779%
Year 2014 Assessed Value $162,985 Land Value $20,450 Improvement Value $142,535 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,140.16 Change Rate Assessed CR Tax Rate