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506 Cherrywood Ln; Albemarle, NC Property Details

506 Cherrywood Ln, Albemarle, NC is a Single Family that was built in 2003. This property is currently Financed and is not for sale. Our records show that 506 Cherrywood Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,053 square feet. The lot size of 506 Cherrywood Ln is 20,473 square feet.

Off market
506 Cherrywood Ln Albemarle, NC 28001
$176,161 Estimated Value
3 Beds
2 Baths
1,053 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2003
  • Purchase Price: $135,000
  • Open Loans / Balance: 1 / $87,321
  • Est. Equity / %: $162,679 / 65.07%
  • Gross Yield: 7.176%
  • APN: 655803402757
  • Situs County: Stanly
  • Length Of Ownership: 6 years, 2 months

Rooms

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

Structure

  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • 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: 1,053/SqFt
  • Lot: 20,473/SqFt
  • Garage: 320/SqFt
  • Living: 1,053/SqFt
  • Building: 1,053/SqFt
  • Garage Unfinished: 320/SqFt
  • Price Per Square Foot: $128.21

Legal Description

  • Description: HSE 506 CHERRYWOOD LN LT 9 655803002
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: 35.34022 / -80.15927
  • Subdivision: Anderson Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

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

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

Taxes

506 Cherrywood Ln has 10 associated Taxes items

506 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 $176,161. The APN we've located for 506 Cherrywood Ln is 655803402757.

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Taxes
  • Assessed Value:  $176,161
  • Assessed Year:  2026
  • Assessed County:  Stanly
  • APN:  655803402757
  • Assessed Land Value:  36630
  • Market Land Value:  36630
  • Tax Amount:  1973
  • Tax Year:  2026
  • Market Value:  176161
  • Market Year:  2026

Tax History

506 Cherrywood Ln has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $176,161 Land Value $36,630 Improvement Value $139,531 Tax Amount $1,973 Change Rate Assessed CR Tax Rate +0.0112%
Year 2025 Assessed Value $176,161 Land Value $36,630 Improvement Value $139,531 Tax Amount $1,973 Change Rate +0.243618% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $130,041 Land Value $18,681 Improvement Value $111,360 Tax Amount $1,586.5 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $130,041 Land Value $18,681 Improvement Value $111,360 Tax Amount $1,586.5 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $130,041 Land Value $18,681 Improvement Value $111,360 Tax Amount $1,586.5 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $130,041 Land Value $18,681 Improvement Value $111,360 Tax Amount $1,586.5 Change Rate +0.213329% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $99,814 Land Value $16,483 Improvement Value $83,331 Tax Amount $1,307.56 Change Rate -0.007499% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $99,814 Land Value $16,483 Improvement Value $83,331 Tax Amount $1,317.44 Change Rate +0.007556% Assessed CR Tax Rate +0.013199%
Year 2018 Assessed Value $99,814 Land Value $16,483 Improvement Value $83,331 Tax Amount $1,307.56 Change Rate +0.039685% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $99,814 Land Value $16,483 Improvement Value $83,331 Tax Amount $1,257.65 Change Rate +0.91993% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $96,808 Land Value $14,652 Improvement Value $82,156 Tax Amount $655.05 Change Rate +0.003693% Assessed CR Tax Rate +0.006766%
Year 2015 Assessed Value $96,808 Land Value $14,652 Improvement Value $82,156 Tax Amount $652.64 Change Rate Assessed CR Tax Rate +0.006742%
Year 2014 Assessed Value $96,808 Land Value $14,652 Improvement Value $82,156 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $1,157.61 Change Rate Assessed CR Tax Rate
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