Large Location Icon

507 N 5th St; Albemarle, NC Property Details

507 N 5th St, Albemarle, NC is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 507 N 5th St has 3 bedrooms, and 1.5 bathrooms, and a total of 2,203 square feet. The lot size of 507 N 5th St is 13,068 square feet.

Off market
507 N 5th St Albemarle, NC 28001
$325,000 Listing Price
3 Beds
1.5 Baths
2,203 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $351,000
  • Open Loans / Balance: 1 / $334,278
  • Est. Equity / %: $-6,278 / -1.91%
  • Gross Yield: 8.111%
  • APN: 654801461962
  • Situs County: Stanly
  • Length Of Ownership: 2 years, 2 months

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 1.75
  • 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: 2,203/SqFt
  • Lot: 13,068/SqFt
  • Garage: 500/SqFt
  • Living: 2,203/SqFt
  • Building: 2,203/SqFt
  • Garage Unfinished: 500/SqFt
  • Price Per Square Foot: $159.33

Legal Description

  • Description: HSE 507 N 5TH ST PT 17 & 18 654810129
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: 35.356792 / -80.19343
  • Subdivision: Highland Terraces
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4029
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

Ownership Info

507 N 5th St has no associated ownership info
507 N 5th St has no associated ownership info.

Taxes

507 N 5th St has 10 associated Taxes items

507 N 5th St, 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 $259,743. The APN we've located for 507 N 5th St is 654801461962.

Unlock the full report
Taxes
  • Assessed Value:  $259,743
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654801461962
  • Assessed Land Value:  17325
  • Market Land Value:  17325
  • Tax Amount:  2909.12
  • Tax Year:  2025
  • Market Value:  259743
  • Market Year:  2025

Tax History

507 N 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $259,743 Land Value $17,325 Improvement Value $242,418 Tax Amount $2,909.12 Change Rate +0.146976% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $207,896 Land Value $11,781 Improvement Value $196,115 Tax Amount $2,536.34 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $207,896 Land Value $11,781 Improvement Value $196,115 Tax Amount $2,536.34 Change Rate +0.27325% Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $163,281 Land Value $11,781 Improvement Value $151,500 Tax Amount $1,992.02 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $163,281 Land Value $11,781 Improvement Value $151,500 Tax Amount $1,992.02 Change Rate -0.066314% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $162,863 Land Value $10,857 Improvement Value $152,006 Tax Amount $2,133.5 Change Rate +0.616888% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $101,744 Land Value $10,857 Improvement Value $90,887 Tax Amount $1,319.51 Change Rate +6.541781% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $101,744 Land Value $10,857 Improvement Value $90,887 Tax Amount $174.96 Change Rate -0.863523% Assessed CR Tax Rate +0.00172%
Year 2017 Assessed Value $101,744 Land Value $10,857 Improvement Value $90,887 Tax Amount $1,281.97 Change Rate +1.02025% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $99,706 Land Value $11,319 Improvement Value $88,387 Tax Amount $634.56 Change Rate Assessed CR Tax Rate +0.006364%
Year 2015 Assessed Value $99,706 Land Value $11,319 Improvement Value $88,387 Tax Amount $634.56 Change Rate Assessed CR Tax Rate +0.006364%
Year 2014 Assessed Value $99,706 Land Value $11,319 Improvement Value $88,387 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $667.25 Change Rate Assessed CR Tax Rate