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501 Cherrywood Ln; Albemarle, NC Property Details

501 Cherrywood Ln, Albemarle, NC is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 501 Cherrywood Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,292 square feet. The lot size of 501 Cherrywood Ln is 20,038 square feet.

Off market
501 Cherrywood Ln Albemarle, NC 28001
$183,500 Listing Price
3 Beds
2 Baths
1,292 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $183,500
  • Open Loans / Balance: 1 / $132,975
  • Est. Equity / %: $136,025 / 50.57%
  • Gross Yield: 6.959%
  • APN: 655803405848
  • Situs County: Stanly
  • Length Of Ownership: 5 years, 2 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood
  • 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: 1,292/SqFt
  • Lot: 20,038/SqFt
  • Living: 1,292/SqFt
  • Building: 1,292/SqFt
  • Price Per Square Foot: $142.03

Legal Description

  • Description: HSE 501 CHERRYWOOD LN 655818074
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: 35.34055 / -80.15836
  • Subdivision: Anderson Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 8118
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

HOA

  • H O A One: $367
  • H O A Amount: $367
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

501 Cherrywood Ln has no associated ownership info
501 Cherrywood Ln has no associated ownership info.

Taxes

501 Cherrywood Ln has 10 associated Taxes items

501 Cherrywood Ln, 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 $193,315. The APN we've located for 501 Cherrywood Ln is 655803405848.

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Taxes
  • Assessed Value:  $193,315
  • Assessed Year:  2026
  • Assessed County:  Stanly
  • APN:  655803405848
  • Assessed Land Value:  33300
  • Market Land Value:  33300
  • Tax Amount:  2165.13
  • Tax Year:  2026
  • Market Value:  193315
  • Market Year:  2026

Tax History

501 Cherrywood Ln has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $193,315 Land Value $33,300 Improvement Value $160,015 Tax Amount $2,165.13 Change Rate Assessed CR Tax Rate +0.0112%
Year 2025 Assessed Value $193,315 Land Value $33,300 Improvement Value $160,015 Tax Amount $2,165.13 Change Rate +0.591352% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $111,522 Land Value $16,983 Improvement Value $94,539 Tax Amount $1,360.56 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $111,522 Land Value $16,983 Improvement Value $94,539 Tax Amount $1,360.56 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $111,522 Land Value $16,983 Improvement Value $94,539 Tax Amount $1,360.56 Change Rate -0.361077% Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $111,522 Land Value $16,983 Improvement Value $94,539 Tax Amount $2,129.46 Change Rate +0.019798% Assessed CR Tax Rate +0.019095%
Year 2020 Assessed Value $93,477 Land Value $14,985 Improvement Value $78,492 Tax Amount $2,088.12 Change Rate +0.714046% Assessed CR Tax Rate +0.022338%
Year 2019 Assessed Value $93,477 Land Value $14,985 Improvement Value $78,492 Tax Amount $1,218.24 Change Rate -0.413778% Assessed CR Tax Rate +0.013033%
Year 2018 Assessed Value $93,477 Land Value $14,985 Improvement Value $78,492 Tax Amount $2,078.12 Change Rate +0.764393% Assessed CR Tax Rate +0.022231%
Year 2017 Assessed Value $93,477 Land Value $14,985 Improvement Value $78,492 Tax Amount $1,177.81 Change Rate +0.034992% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $91,129 Land Value $13,320 Improvement Value $77,809 Tax Amount $1,137.99 Change Rate -0.010289% Assessed CR Tax Rate +0.012488%
Year 2015 Assessed Value $91,129 Land Value $13,320 Improvement Value $77,809 Tax Amount $1,149.82 Change Rate Assessed CR Tax Rate +0.012617%
Year 2014 Assessed Value $91,129 Land Value $13,320 Improvement Value $77,809 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,089.79 Change Rate Assessed CR Tax Rate