Taxes
- Assessed Value: $211,867
- Assessed Year: 2025
- Assessed County: Stanly
- APN: 655603018585
- Assessed Land Value: 31870
- Market Land Value: 31870
- Tax Amount: 1398.32
- Tax Year: 2025
- Market Value: 211867
- Market Year: 2025
40862 Southbound Rd; Albemarle, NC Property Details
Off market
40862 Southbound Rd Albemarle, NC 28001
$265,000 Listing Price
3 Beds
2 Baths
1,424 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1950
- Purchase Price: $265,000
- Est. Equity / %: $307,000 / 100%
- Gross Yield: 6.379%
- APN: 655603018585
- Situs County: Stanly
- Length Of Ownership: 1 year, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Floor Cover Type: Wood
- 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: 1,424/SqFt
- Lot: 63,598/SqFt
- Garage: 252/SqFt
- Living: 1,424/SqFt
- Building: 1,424/SqFt
- Garage Unfinished: 252/SqFt
- Price Per Square Foot: $186.10
Legal Description
- Description: HSE 40862 SOUTHBOUND RD 655600040
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: 35.28735 / -80.16995
- Property Class: Residential
- County Use Code: 1
Amenities
- Heating Fuel Type: Oil
- Plus Four: 7691
- Cooling: Central
- Fireplaces: 1
- Garage: Detached Garage
- Heating: Central
HOA
- H O A One: $12
- H O A Amount: $12
- H O A One Frequency: Monthly
- H O A One Type: Home Owner Association
Ownership Info
40862 Southbound Rd has no associated ownership info
40862 Southbound Rd has no associated ownership info.
Taxes
40862 Southbound Rd has 10 associated Taxes items
40862 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 $211,867. The APN we've located for 40862 Southbound Rd is 655603018585.
Unlock the full reportTax History
40862 Southbound Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $211,867 | Land Value $31,870 | Improvement Value $179,997 | Tax Amount $1,398.32 | Change Rate +6.053672% | Assessed CR | Tax Rate +0.0066% |
| Year 2024 | Assessed Value $26,084 | Land Value $19,990 | Improvement Value $6,094 | Tax Amount $198.24 | Change Rate | Assessed CR | Tax Rate +0.0076% |
| Year 2023 | Assessed Value $26,084 | Land Value $19,990 | Improvement Value $6,094 | Tax Amount $198.24 | Change Rate -0.573952% | Assessed CR | Tax Rate +0.0076% |
| Year 2022 | Assessed Value $26,084 | Land Value $19,990 | Improvement Value $6,094 | Tax Amount $465.3 | Change Rate +0.004274% | Assessed CR | Tax Rate +0.017839% |
| Year 2021 | Assessed Value $26,084 | Land Value $19,990 | Improvement Value $6,094 | Tax Amount $463.32 | Change Rate -0.333372% | Assessed CR | Tax Rate +0.017763% |
| Year 2020 | Assessed Value $39,148 | Land Value $17,145 | Improvement Value $22,003 | Tax Amount $695.02 | Change Rate +0.729121% | Assessed CR | Tax Rate +0.017754% |
| Year 2019 | Assessed Value $39,148 | Land Value $17,145 | Improvement Value $22,003 | Tax Amount $401.95 | Change Rate -0.628742% | Assessed CR | Tax Rate +0.010267% |
| Year 2018 | Assessed Value $39,148 | Land Value $17,145 | Improvement Value $22,003 | Tax Amount $1,082.67 | Change Rate +1.876076% | Assessed CR | Tax Rate +0.027656% |
| Year 2017 | Assessed Value $39,148 | Land Value $17,145 | Improvement Value $22,003 | Tax Amount $376.44 | Change Rate -0.062836% | Assessed CR | Tax Rate +0.009616% |
| Year 2016 | Assessed Value $42,289 | Land Value $15,530 | Improvement Value $26,759 | Tax Amount $401.68 | Change Rate +0.005054% | Assessed CR | Tax Rate +0.009498% |
| Year 2015 | Assessed Value $42,289 | Land Value $15,530 | Improvement Value $26,759 | Tax Amount $399.66 | Change Rate | Assessed CR | Tax Rate +0.009451% |
| Year 2014 | Assessed Value $42,289 | Land Value $15,530 | Improvement Value $26,759 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $626.51 | Change Rate | Assessed CR | Tax Rate |