Large Location Icon

502 Cherrywood Ln; Albemarle, NC Property Details

502 Cherrywood Ln, Albemarle, NC is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 502 Cherrywood Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,722 square feet. The lot size of 502 Cherrywood Ln is 20,909 square feet.

Off market
502 Cherrywood Ln Albemarle, NC 28001
$216,000 Listing Price
3 Beds
2 Baths
1,722 SqFt
Property Type
Single Family
Unlock Full Report
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $216,000
  • Est. Equity / %: $291,000 / 100%
  • Gross Yield: 6.557%
  • APN: 655803402873
  • Situs County: Stanly
  • Length Of Ownership: 6 years

Rooms

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

Structure

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

Measurements

  • Total: 1,722/SqFt
  • Lot: 20,909/SqFt
  • Garage: 460/SqFt
  • Living: 1,722/SqFt
  • Building: 1,722/SqFt
  • Garage Finished: 460/SqFt
  • Price Per Square Foot: $125.44

Legal Description

  • Description: HSE 502 CHERRYWOOD LN LT 8 655818037
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: 35.340523 / -80.15925
  • Subdivision: Anderson Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 8118
  • Cooling: Central
  • Garage: Attached Garage
  • 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

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

Taxes

502 Cherrywood Ln has 10 associated Taxes items

502 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 $247,079. The APN we've located for 502 Cherrywood Ln is 655803402873.

Unlock the full report
Taxes
  • Assessed Value:  $247,079
  • Assessed Year:  2026
  • Assessed County:  Stanly
  • APN:  655803402873
  • Assessed Land Value:  35195
  • Market Land Value:  35195
  • Tax Amount:  2767.28
  • Tax Year:  2026
  • Market Value:  247079
  • Market Year:  2026

Tax History

502 Cherrywood Ln has 14 associated Tax History items

Unlock the full report
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $247,079 Land Value $35,195 Improvement Value $211,884 Tax Amount $2,767.28 Change Rate Assessed CR Tax Rate +0.0112%
Year 2025 Assessed Value $247,079 Land Value $35,195 Improvement Value $211,884 Tax Amount $2,767.28 Change Rate +0.157955% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $195,885 Land Value $17,949 Improvement Value $177,936 Tax Amount $2,389.8 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $195,885 Land Value $17,949 Improvement Value $177,936 Tax Amount $2,389.8 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $195,885 Land Value $17,949 Improvement Value $177,936 Tax Amount $2,389.8 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $195,885 Land Value $17,949 Improvement Value $177,936 Tax Amount $2,389.8 Change Rate +0.564866% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $116,577 Land Value $15,837 Improvement Value $100,740 Tax Amount $1,527.16 Change Rate +0.64515% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $116,577 Land Value $15,837 Improvement Value $100,740 Tax Amount $928.28 Change Rate -0.392153% Assessed CR Tax Rate +0.007963%
Year 2018 Assessed Value $116,577 Land Value $15,837 Improvement Value $100,740 Tax Amount $1,527.16 Change Rate +0.693326% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $116,577 Land Value $15,837 Improvement Value $100,740 Tax Amount $901.87 Change Rate -0.341027% Assessed CR Tax Rate +0.007736%
Year 2016 Assessed Value $107,522 Land Value $14,078 Improvement Value $93,444 Tax Amount $1,368.6 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $107,522 Land Value $14,078 Improvement Value $93,444 Tax Amount $1,368.6 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $107,522 Land Value $14,078 Improvement Value $93,444 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,407.95 Change Rate Assessed CR Tax Rate
Address, Street, City, or ZIP
    Building Your
    Comprehensive Report
    0%
    • Home Addresses
    • Phone Number
    • Emails
    • Relatives
    • Criminal and Traffic Records
    • Public Records and Properties

    Searching related records for
    This additional information can help you verify a person's identity and ensure that you are well-informed.