Large Location Icon

40863 Stony Gap Rd; Albemarle, NC Property Details

40863 Stony Gap Rd, Albemarle, NC is a Single Family that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 40863 Stony Gap Rd has 3 bedrooms, and 3 bathrooms, and a total of 2,520 square feet. The lot size of 40863 Stony Gap Rd is 97,574 square feet.

Off market
40863 Stony Gap Rd Albemarle, NC 28001
$322,745 Estimated Value
3 Beds
3 Baths
2,520 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $65,000
  • Est. Equity / %: $361,000 / 100%
  • Gross Yield: 6.485%
  • APN: 655704840164
  • Situs County: Stanly
  • Length Of Ownership: 10 years, 3 months

Rooms

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

Structure

  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Log
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Wood Shake/ Shingles
  • Sewer Type: Septic

Measurements

  • Total: 2,520/SqFt
  • Lot: 97,574/SqFt
  • Garage: 720/SqFt
  • Living: 2,520/SqFt
  • Basement: 900/SqFt
  • Building: 2,520/SqFt
  • Garage Unfinished: 720/SqFt
  • Basement Unfinished: 900/SqFt
  • Price Per Square Foot: $25.79

Legal Description

  • Description: HSE 40863 STONY GAP RD 655700013
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: 35.32214 / -80.14637
  • Subdivision: Property Of Marshall R Dry
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 8153
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central

Ownership Info

40863 Stony Gap Rd has no associated ownership info
40863 Stony Gap Rd has no associated ownership info.

Taxes

40863 Stony Gap Rd has 10 associated Taxes items

40863 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 $322,745. The APN we've located for 40863 Stony Gap Rd is 655704840164.

Unlock the full report
Taxes
  • Assessed Value:  $322,745
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  655704840164
  • Assessed Land Value:  38660
  • Market Land Value:  38660
  • Tax Amount:  2130.12
  • Tax Year:  2025
  • Market Value:  322745
  • Market Year:  2025

Tax History

40863 Stony Gap Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $322,745 Land Value $38,660 Improvement Value $284,085 Tax Amount $2,130.12 Change Rate +0.202065% Assessed CR Tax Rate +0.0066%
Year 2024 Assessed Value $233,164 Land Value $25,940 Improvement Value $207,224 Tax Amount $1,772.05 Change Rate Assessed CR Tax Rate +0.0076%
Year 2023 Assessed Value $233,164 Land Value $25,940 Improvement Value $207,224 Tax Amount $1,772.05 Change Rate Assessed CR Tax Rate +0.0076%
Year 2022 Assessed Value $233,164 Land Value $25,940 Improvement Value $207,224 Tax Amount $1,772.05 Change Rate Assessed CR Tax Rate +0.0076%
Year 2021 Assessed Value $233,164 Land Value $25,940 Improvement Value $207,224 Tax Amount $1,772.05 Change Rate +0.053926% Assessed CR Tax Rate +0.0076%
Year 2020 Assessed Value $205,047 Land Value $22,510 Improvement Value $182,537 Tax Amount $1,681.38 Change Rate +0.010099% Assessed CR Tax Rate +0.0082%
Year 2019 Assessed Value $205,047 Land Value $22,510 Improvement Value $182,537 Tax Amount $1,664.57 Change Rate +0.346805% Assessed CR Tax Rate +0.008118%
Year 2018 Assessed Value $160,512 Land Value $22,510 Improvement Value $138,002 Tax Amount $1,235.94 Change Rate +0.043895% Assessed CR Tax Rate +0.0077%
Year 2017 Assessed Value $153,762 Land Value $22,510 Improvement Value $131,252 Tax Amount $1,183.97 Change Rate +0.016894% Assessed CR Tax Rate +0.0077%
Year 2016 Assessed Value $149,681 Land Value $20,200 Improvement Value $129,481 Tax Amount $1,164.3 Change Rate Assessed CR Tax Rate +0.007779%
Year 2015 Assessed Value $149,681 Land Value $20,200 Improvement Value $129,481 Tax Amount $1,164.3 Change Rate Assessed CR Tax Rate +0.007779%
Year 2014 Assessed Value $149,681 Land Value $20,200 Improvement Value $129,481 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,139.55 Change Rate Assessed CR Tax Rate