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501 E Cannon Ave; Albemarle, NC Property Details

501 E Cannon Ave, Albemarle, NC is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 501 E Cannon Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,362 square feet. The lot size of 501 E Cannon Ave is 31,799 square feet.

Off market
501 E Cannon Ave Albemarle, NC 28001
$20,000 Listing Price
3 Beds
1.5 Baths
1,362 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1948
  • Purchase Price: $140,000
  • Est. Equity / %: $248,000 / 100%
  • Gross Yield: 6.837%
  • APN: 654802570229
  • Situs County: Stanly
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Plaster
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,362/SqFt
  • Lot: 31,799/SqFt
  • Garage: 528/SqFt
  • Living: 1,362/SqFt
  • Building: 1,362/SqFt
  • Garage Unfinished: 528/SqFt
  • Price Per Square Foot: $102.79

Legal Description

  • Description: HSE 501 E CANNON AVE 654810101
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: 35.35779 / -80.19063
  • Subdivision: Forest Hills
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4233
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

501 E Cannon Ave has no associated ownership info
501 E Cannon Ave has no associated ownership info.

Taxes

501 E Cannon Ave has 10 associated Taxes items

501 E Cannon 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 $179,600. The APN we've located for 501 E Cannon Ave is 654802570229.

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Taxes
  • Assessed Value:  $179,600
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654802570229
  • Assessed Land Value:  32256
  • Market Land Value:  32256
  • Tax Amount:  2011.52
  • Tax Year:  2025
  • Market Value:  179600
  • Market Year:  2025

Tax History

501 E Cannon Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,600 Land Value $32,256 Improvement Value $147,344 Tax Amount $2,011.52 Change Rate +0.145617% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $143,922 Land Value $23,788 Improvement Value $120,134 Tax Amount $1,755.84 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $143,922 Land Value $23,788 Improvement Value $120,134 Tax Amount $1,755.84 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $143,922 Land Value $23,788 Improvement Value $120,134 Tax Amount $1,755.84 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $143,922 Land Value $23,788 Improvement Value $120,134 Tax Amount $1,755.84 Change Rate +0.043596% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $128,434 Land Value $22,176 Improvement Value $106,258 Tax Amount $1,682.49 Change Rate +0.010098% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $128,434 Land Value $22,176 Improvement Value $106,258 Tax Amount $1,665.67 Change Rate -0.009997% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $128,434 Land Value $22,176 Improvement Value $106,258 Tax Amount $1,682.49 Change Rate +0.748768% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $76,357 Land Value $22,176 Improvement Value $54,181 Tax Amount $962.1 Change Rate -0.046066% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $79,236 Land Value $20,563 Improvement Value $58,673 Tax Amount $1,008.56 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $79,236 Land Value $20,563 Improvement Value $58,673 Tax Amount $1,008.56 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $79,236 Land Value $20,563 Improvement Value $58,673 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,044.03 Change Rate Assessed CR Tax Rate