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40875 Southbound Rd; Albemarle, NC Property Details

40875 Southbound Rd, Albemarle, NC is a Vacant Land General that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 40875 Southbound Rd has 2 bedrooms, and 1 bathroom, and a total of 1,144 square feet. The lot size of 40875 Southbound Rd is 647,737 square feet.

Off market
40875 Southbound Rd Albemarle, NC 28001
$50,000 Listing Price
2 Beds
1 Baths
1,144 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1930
  • Purchase Price: $375,000
  • Est. Equity / %: $142,000 / 100%
  • APN: 655603122113
  • Situs County: Stanly
  • Length Of Ownership: 9 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Wood
  • Building Quality: D
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Septic

Measurements

  • Total: 1,144/SqFt
  • Lot: 647,737/SqFt
  • Living: 1,144/SqFt
  • Building: 1,144/SqFt
  • Price Per Square Foot: $327.80

Legal Description

  • Description: VAC SOUTHBOUND RD FORMER HOMESITE 655600044
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Stanly County Schools
  • Lat / Lon: 35.28955 / -80.168915
  • Property Class: Vacant
  • County Use Code: V

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 7691
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes

Ownership Info

40875 Southbound Rd has no associated ownership info
40875 Southbound Rd has no associated ownership info.

Taxes

40875 Southbound Rd has 10 associated Taxes items

40875 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 $125,221. The APN we've located for 40875 Southbound Rd is 655603122113.

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Taxes
  • Assessed Value:  $125,221
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  655603122113
  • Assessed Land Value:  125221
  • Market Land Value:  125221
  • Tax Amount:  826.46
  • Tax Year:  2025
  • Market Value:  125221
  • Market Year:  2025

Tax History

40875 Southbound Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,221 Land Value $125,221 Improvement Value Tax Amount $826.46 Change Rate +0.290557% Assessed CR Tax Rate +0.0066%
Year 2024 Assessed Value $84,262 Land Value $84,262 Improvement Value Tax Amount $640.39 Change Rate Assessed CR Tax Rate +0.0076%
Year 2023 Assessed Value $84,262 Land Value $84,262 Improvement Value Tax Amount $640.39 Change Rate Assessed CR Tax Rate +0.0076%
Year 2022 Assessed Value $84,262 Land Value $84,262 Improvement Value Tax Amount $640.39 Change Rate Assessed CR Tax Rate +0.0076%
Year 2021 Assessed Value $84,262 Land Value $84,262 Improvement Value Tax Amount $640.39 Change Rate -0.038598% Assessed CR Tax Rate +0.0076%
Year 2020 Assessed Value $81,231 Land Value $74,147 Improvement Value $7,084 Tax Amount $666.1 Change Rate +0.010099% Assessed CR Tax Rate +0.0082%
Year 2019 Assessed Value $81,231 Land Value $74,147 Improvement Value $7,084 Tax Amount $659.44 Change Rate +0.054294% Assessed CR Tax Rate +0.008118%
Year 2018 Assessed Value $81,231 Land Value $74,147 Improvement Value $7,084 Tax Amount $625.48 Change Rate Assessed CR Tax Rate +0.0077%
Year 2017 Assessed Value $81,231 Land Value $74,147 Improvement Value $7,084 Tax Amount $625.48 Change Rate +0.02226% Assessed CR Tax Rate +0.0077%
Year 2016 Assessed Value $78,659 Land Value $70,109 Improvement Value $8,550 Tax Amount $611.86 Change Rate Assessed CR Tax Rate +0.007779%
Year 2015 Assessed Value $78,659 Land Value $70,109 Improvement Value $8,550 Tax Amount $611.86 Change Rate Assessed CR Tax Rate +0.007779%
Year 2014 Assessed Value $78,659 Land Value $70,109 Improvement Value $8,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $583.73 Change Rate Assessed CR Tax Rate