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40802 Southbound Rd; Albemarle, NC Property Details

40802 Southbound Rd, Albemarle, NC is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 40802 Southbound Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,326 square feet. The lot size of 40802 Southbound Rd is 1,248,430 square feet.

Off market
40802 Southbound Rd Albemarle, NC 28001
$375,000 Listing Price
3 Beds
2 Baths
2,326 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1950
  • Purchase Price: $375,000
  • Est. Equity / %: $410,000 / 100%
  • Gross Yield: 11.57%
  • APN: 655603036015
  • Situs County: Stanly
  • Length Of Ownership: 9 years, 4 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • 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: Metal
  • Sewer Type: Septic

Measurements

  • Total: 2,326/SqFt
  • Lot: 1,248,430/SqFt
  • Garage: 624/SqFt
  • Living: 2,326/SqFt
  • Building: 2,326/SqFt
  • Garage Finished: 624/SqFt
  • Price Per Square Foot: $161.22

Legal Description

  • Description: HSE 40802 SOUTHBOUND RD 655600043
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: 35.291405 / -80.172844
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 7691
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

40802 Southbound Rd has no associated ownership info
40802 Southbound Rd has no associated ownership info.

Taxes

40802 Southbound Rd has 10 associated Taxes items

40802 Southbound 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 $465,413. The APN we've located for 40802 Southbound Rd is 655603036015.

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Taxes
  • Assessed Value:  $465,413
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  655603036015
  • Assessed Land Value:  204113
  • Market Land Value:  204113
  • Tax Amount:  3071.73
  • Tax Year:  2025
  • Market Value:  465413
  • Market Year:  2025

Tax History

40802 Southbound Rd has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $465,413 Land Value $204,113 Improvement Value $261,300 Tax Amount $3,071.73 Change Rate +0.246942% Assessed CR Tax Rate +0.0066%
Year 2024 Assessed Value $324,132 Land Value $139,178 Improvement Value $184,954 Tax Amount $2,463.41 Change Rate Assessed CR Tax Rate +0.0076%
Year 2023 Assessed Value $324,132 Land Value $139,178 Improvement Value $184,954 Tax Amount $2,463.41 Change Rate Assessed CR Tax Rate +0.0076%
Year 2022 Assessed Value $324,132 Land Value $139,178 Improvement Value $184,954 Tax Amount $2,463.41 Change Rate Assessed CR Tax Rate +0.0076%
Year 2021 Assessed Value $324,132 Land Value $139,178 Improvement Value $184,954 Tax Amount $2,463.41 Change Rate +0.073587% Assessed CR Tax Rate +0.0076%
Year 2020 Assessed Value $279,824 Land Value $123,069 Improvement Value $156,755 Tax Amount $2,294.56 Change Rate -0.025979% Assessed CR Tax Rate +0.0082%
Year 2019 Assessed Value $279,824 Land Value $123,069 Improvement Value $156,755 Tax Amount $2,355.76 Change Rate +0.093343% Assessed CR Tax Rate +0.008419%
Year 2018 Assessed Value $279,824 Land Value $123,069 Improvement Value $156,755 Tax Amount $2,154.64 Change Rate -0.033638% Assessed CR Tax Rate +0.0077%
Year 2017 Assessed Value $279,824 Land Value $123,069 Improvement Value $156,755 Tax Amount $2,229.64 Change Rate +0.038626% Assessed CR Tax Rate +0.007968%
Year 2016 Assessed Value $266,629 Land Value $117,033 Improvement Value $149,596 Tax Amount $2,146.72 Change Rate +0.000942% Assessed CR Tax Rate +0.008051%
Year 2015 Assessed Value $266,629 Land Value $117,033 Improvement Value $149,596 Tax Amount $2,144.7 Change Rate Assessed CR Tax Rate +0.008044%
Year 2014 Assessed Value $268,604 Land Value $119,008 Improvement Value $149,596 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $2,208.11 Change Rate Assessed CR Tax Rate
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