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425 Reeves Ave; Albemarle, NC Property Details

425 Reeves Ave, Albemarle, NC is a Single Family that was built in 1951. This property is currently a cash purchase and is not for sale. Our records show that 425 Reeves Ave has 2 bedrooms, and 1 bathroom, and a total of 1,040 square feet. The lot size of 425 Reeves Ave is 11,761 square feet.

Off market
425 Reeves Ave Albemarle, NC 28001
$121,500 Listing Price
2 Beds
1 Baths
1,040 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1951
  • Purchase Price: $500,000
  • Est. Equity / %: $198,000 / 100%
  • Gross Yield: 6.285%
  • APN: 654701193314
  • Situs County: Stanly
  • Length Of Ownership: 3 years, 7 months

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: C
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,040/SqFt
  • Lot: 11,761/SqFt
  • Living: 1,040/SqFt
  • Building: 1,040/SqFt
  • Price Per Square Foot: $480.77

Legal Description

  • Description: HSE 425 REEVES AVE LT 60 PT 61 654705091
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: 35.335907 / -80.20271
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 5657
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central

Ownership Info

425 Reeves Ave has no associated ownership info
425 Reeves Ave has no associated ownership info.

Taxes

425 Reeves Ave has 10 associated Taxes items

425 Reeves Ave, 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 $125,386. The APN we've located for 425 Reeves Ave is 654701193314.

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Taxes
  • Assessed Value:  $125,386
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654701193314
  • Assessed Land Value:  17381
  • Market Land Value:  17381
  • Tax Amount:  1404.32
  • Tax Year:  2025
  • Market Value:  125386
  • Market Year:  2025

Tax History

425 Reeves Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,386 Land Value $17,381 Improvement Value $108,005 Tax Amount $1,404.32 Change Rate +0.474754% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $78,053 Land Value $9,270 Improvement Value $68,783 Tax Amount $952.24 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $78,053 Land Value $9,270 Improvement Value $68,783 Tax Amount $952.24 Change Rate +0.5195% Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $51,368 Land Value $9,270 Improvement Value $42,098 Tax Amount $626.68 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $51,368 Land Value $9,270 Improvement Value $42,098 Tax Amount $626.68 Change Rate +0.047014% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $45,690 Land Value $7,879 Improvement Value $37,811 Tax Amount $598.54 Change Rate +0.010109% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $45,690 Land Value $7,879 Improvement Value $37,811 Tax Amount $592.55 Change Rate -0.010008% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $45,690 Land Value $7,879 Improvement Value $37,811 Tax Amount $598.54 Change Rate +0.039692% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $45,690 Land Value $7,879 Improvement Value $37,811 Tax Amount $575.69 Change Rate -0.001006% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $45,273 Land Value $6,952 Improvement Value $38,321 Tax Amount $576.27 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $45,273 Land Value $6,952 Improvement Value $38,321 Tax Amount $576.27 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $45,273 Land Value $6,952 Improvement Value $38,321 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $702.06 Change Rate Assessed CR Tax Rate