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503 Hermitage Dr; Albemarle, NC Property Details

503 Hermitage Dr, Albemarle, NC is a Single Family that was built in 1964. This property is currently a cash purchase and is not for sale. Our records show that 503 Hermitage Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,953 square feet. The lot size of 503 Hermitage Dr is 17,860 square feet.

Off market
503 Hermitage Dr Albemarle, NC 28001
$160,000 Listing Price
3 Beds
1.5 Baths
1,953 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $160,000
  • Est. Equity / %: $330,000 / 100%
  • Gross Yield: 6.091%
  • APN: 654803008062
  • Situs County: Stanly
  • Length Of Ownership: 8 years, 3 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: 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: 1,953/SqFt
  • Lot: 17,860/SqFt
  • Garage: 500/SqFt
  • Living: 1,953/SqFt
  • Building: 1,953/SqFt
  • Garage Unfinished: 500/SqFt
  • Price Per Square Foot: $81.93

Legal Description

  • Description: HSE 503 HERMITAGE DR 654705057
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: 35.337753 / -80.20426
  • Subdivision: Wesley Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 5613
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Central

Ownership Info

503 Hermitage Dr has no associated ownership info
503 Hermitage Dr has no associated ownership info.

Taxes

503 Hermitage Dr has 10 associated Taxes items

503 Hermitage Dr, 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 $218,763. The APN we've located for 503 Hermitage Dr is 654803008062.

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Taxes
  • Assessed Value:  $218,763
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654803008062
  • Assessed Land Value:  26784
  • Market Land Value:  26784
  • Tax Amount:  2450.14
  • Tax Year:  2025
  • Market Value:  218763
  • Market Year:  2025

Tax History

503 Hermitage Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $218,763 Land Value $26,784 Improvement Value $191,979 Tax Amount $2,450.14 Change Rate +0.200837% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $167,242 Land Value $15,066 Improvement Value $152,176 Tax Amount $2,040.36 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $167,242 Land Value $15,066 Improvement Value $152,176 Tax Amount $2,040.36 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $167,242 Land Value $15,066 Improvement Value $152,176 Tax Amount $2,040.36 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $167,242 Land Value $15,066 Improvement Value $152,176 Tax Amount $2,040.36 Change Rate +0.27372% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $122,282 Land Value $13,392 Improvement Value $108,890 Tax Amount $1,601.89 Change Rate +0.010102% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $122,282 Land Value $13,392 Improvement Value $108,890 Tax Amount $1,585.87 Change Rate -0.010001% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $122,282 Land Value $13,392 Improvement Value $108,890 Tax Amount $1,601.89 Change Rate +0.039682% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $122,282 Land Value $13,392 Improvement Value $108,890 Tax Amount $1,540.75 Change Rate -0.109949% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $136,000 Land Value $12,722 Improvement Value $123,278 Tax Amount $1,731.08 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $136,000 Land Value $12,722 Improvement Value $123,278 Tax Amount $1,731.08 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $136,000 Land Value $12,722 Improvement Value $123,278 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,050.52 Change Rate Assessed CR Tax Rate