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505 E Cannon Ave; Albemarle, NC Property Details

505 E Cannon Ave, Albemarle, NC is a Single Family that was built in 1949. This property is currently a cash purchase and is not for sale. Our records show that 505 E Cannon Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,680 square feet. The lot size of 505 E Cannon Ave is 16,117 square feet.

Off market
505 E Cannon Ave Albemarle, NC 28001
$163,000 Listing Price
3 Beds
2 Baths
1,680 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1949
  • Purchase Price: $163,000
  • Est. Equity / %: $351,000 / 100%
  • Gross Yield: 6.236%
  • APN: 654802571228
  • Situs County: Stanly
  • Length Of Ownership: 10 years, 8 months

Rooms

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

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: 1,680/SqFt
  • Lot: 16,117/SqFt
  • Living: 1,680/SqFt
  • Basement: 1,596/SqFt
  • Building: 1,680/SqFt
  • Basement Unfinished: 1,596/SqFt
  • Price Per Square Foot: $97.02

Legal Description

  • Description: HSE 505 E CANNON AVE 654811075
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: 35.35778 / -80.19026
  • Subdivision: Forest Hills
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4233
  • Cooling: Central
  • 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

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

Taxes

505 E Cannon Ave has 10 associated Taxes items

505 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 $227,341. The APN we've located for 505 E Cannon Ave is 654802571228.

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Taxes
  • Assessed Value:  $227,341
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654802571228
  • Assessed Land Value:  25200
  • Market Land Value:  25200
  • Tax Amount:  2546.22
  • Tax Year:  2025
  • Market Value:  227341
  • Market Year:  2025

Tax History

505 E Cannon Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $227,341 Land Value $25,200 Improvement Value $202,141 Tax Amount $2,546.22 Change Rate +0.16737% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $178,784 Land Value $17,640 Improvement Value $161,144 Tax Amount $2,181.16 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $178,784 Land Value $17,640 Improvement Value $161,144 Tax Amount $2,181.16 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $178,784 Land Value $17,640 Improvement Value $161,144 Tax Amount $2,181.16 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $178,784 Land Value $17,640 Improvement Value $161,144 Tax Amount $2,181.16 Change Rate +0.030511% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $161,571 Land Value $16,380 Improvement Value $145,191 Tax Amount $2,116.58 Change Rate +0.004409% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $161,571 Land Value $16,380 Improvement Value $145,191 Tax Amount $2,107.29 Change Rate -0.004389% Assessed CR Tax Rate +0.013043%
Year 2018 Assessed Value $161,571 Land Value $16,380 Improvement Value $145,191 Tax Amount $2,116.58 Change Rate +0.03968% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $161,571 Land Value $16,380 Improvement Value $145,191 Tax Amount $2,035.8 Change Rate +0.074074% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $148,433 Land Value $15,120 Improvement Value $133,313 Tax Amount $1,895.4 Change Rate +0.080856% Assessed CR Tax Rate +0.012769%
Year 2015 Assessed Value $137,770 Land Value $15,120 Improvement Value $122,650 Tax Amount $1,753.61 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $134,496 Land Value $15,120 Improvement Value $119,376 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,425.17 Change Rate Assessed CR Tax Rate