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40868 Southbound Rd; Albemarle, NC Property Details

40868 Southbound Rd, Albemarle, NC is a Single Family that was built in 1960. This property is currently a cash purchase and is not for sale. Our records show that 40868 Southbound Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,400 square feet. The lot size of 40868 Southbound Rd is 18,731 square feet.

Off market
40868 Southbound Rd Albemarle, NC 28001
$138,597 Estimated Value
3 Beds
2 Baths
1,400 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Open Loans / Balance: 1 / $80,008
  • Est. Equity / %: $127,992 / 61.53%
  • Gross Yield: 6.79%
  • APN: 655603111409
  • Situs County: Stanly
  • Length Of Ownership: 16 years, 8 months

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Combination
  • 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: 1,400/SqFt
  • Lot: 18,731/SqFt
  • Living: 1,400/SqFt
  • Building: 1,400/SqFt

Legal Description

  • Description: HSE 40868 SOUTHBOUND RD 655600041
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: 35.287205 / -80.169174
  • Property Class: Residential
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 7691
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

40868 Southbound Rd has no associated ownership info
40868 Southbound Rd has no associated ownership info.

Taxes

40868 Southbound Rd has 10 associated Taxes items

40868 Southbound Rd, Albemarle, NC pays taxes in Stanly County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $138,597. The APN we've located for 40868 Southbound Rd is 655603111409.

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Taxes
  • Assessed Value:  $138,597
  • Assessed Year:  2026
  • Assessed County:  Stanly
  • APN:  655603111409
  • Assessed Land Value:  18920
  • Market Land Value:  18920
  • Tax Amount:  914.74
  • Tax Year:  2026
  • Market Value:  138597
  • Market Year:  2026

Tax History

40868 Southbound Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $138,597 Land Value $18,920 Improvement Value $119,677 Tax Amount $914.74 Change Rate Assessed CR Tax Rate +0.0066%
Year 2025 Assessed Value $138,597 Land Value $18,920 Improvement Value $119,677 Tax Amount $914.74 Change Rate -0.266765% Assessed CR Tax Rate +0.0066%
Year 2024 Assessed Value $88,428 Land Value $11,696 Improvement Value $76,732 Tax Amount $1,247.54 Change Rate +0.193008% Assessed CR Tax Rate +0.014108%
Year 2023 Assessed Value $88,428 Land Value $11,696 Improvement Value $76,732 Tax Amount $1,045.71 Change Rate Assessed CR Tax Rate +0.011826%
Year 2022 Assessed Value $88,428 Land Value $11,696 Improvement Value $76,732 Tax Amount $1,045.71 Change Rate Assessed CR Tax Rate +0.011826%
Year 2021 Assessed Value $46,741 Land Value $11,696 Improvement Value $35,045 Tax Amount $1,045.71 Change Rate +0.053814% Assessed CR Tax Rate +0.022372%
Year 2020 Assessed Value $45,813 Land Value $9,976 Improvement Value $35,837 Tax Amount $992.31 Change Rate +1.026818% Assessed CR Tax Rate +0.02166%
Year 2019 Assessed Value $45,813 Land Value $9,976 Improvement Value $35,837 Tax Amount $489.59 Change Rate -0.506616% Assessed CR Tax Rate +0.010687%
Year 2018 Assessed Value $45,813 Land Value $9,976 Improvement Value $35,837 Tax Amount $992.31 Change Rate +1.812989% Assessed CR Tax Rate +0.02166%
Year 2017 Assessed Value $45,813 Land Value $9,976 Improvement Value $35,837 Tax Amount $352.76 Change Rate -0.270343% Assessed CR Tax Rate +0.0077%
Year 2016 Assessed Value $48,362 Land Value $8,944 Improvement Value $39,418 Tax Amount $483.46 Change Rate +0.006516% Assessed CR Tax Rate +0.009997%
Year 2015 Assessed Value $48,362 Land Value $8,944 Improvement Value $39,418 Tax Amount $480.33 Change Rate Assessed CR Tax Rate +0.009932%
Year 2014 Assessed Value $48,362 Land Value $8,944 Improvement Value $39,418 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $596.27 Change Rate Assessed CR Tax Rate