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507 Ridge St; Albemarle, NC Property Details

507 Ridge St, Albemarle, NC is a Single Family that was built in 1935. This property is currently Financed and is not for sale. Our records show that 507 Ridge St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,162 square feet. The lot size of 507 Ridge St is 15,682 square feet.

Off market
507 Ridge St Albemarle, NC 28001
$135,000 Listing Price
3 Beds
1.5 Baths
1,162 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1935
  • Purchase Price: $135,000
  • Open Loans / Balance: 1 / $156,432
  • Est. Equity / %: $56,568 / 26.56%
  • Gross Yield: 7.775%
  • APN: 654802872256
  • Situs County: Stanly
  • Length Of Ownership: 5 years, 7 months

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Interior Wall Type: Wood
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,162/SqFt
  • Lot: 15,682/SqFt
  • Garage: 580/SqFt
  • Living: 1,162/SqFt
  • Basement: 272/SqFt
  • Building: 1,162/SqFt
  • Garage Unfinished: 580/SqFt
  • Basement Unfinished: 272/SqFt
  • Price Per Square Foot: $116.18

Legal Description

  • Description: HSE 507 RIDGE ST 654812011
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: 35.35786 / -80.17977
  • Subdivision: Ad Little Estate Land
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 1

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4348
  • Cooling: Central
  • Garage: Garage
  • Heating: Central

Ownership Info

507 Ridge St has no associated ownership info
507 Ridge St has no associated ownership info.

Taxes

507 Ridge St has 10 associated Taxes items

507 Ridge 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 $163,189. The APN we've located for 507 Ridge St is 654802872256.

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Taxes
  • Assessed Value:  $163,189
  • Assessed Year:  2025
  • Assessed County:  Stanly
  • APN:  654802872256
  • Assessed Land Value:  23220
  • Market Land Value:  23220
  • Tax Amount:  1827.71
  • Tax Year:  2025
  • Market Value:  163189
  • Market Year:  2025

Tax History

507 Ridge St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $163,189 Land Value $23,220 Improvement Value $139,969 Tax Amount $1,827.71 Change Rate +0.169465% Assessed CR Tax Rate +0.0112%
Year 2024 Assessed Value $128,104 Land Value $15,789 Improvement Value $112,315 Tax Amount $1,562.86 Change Rate Assessed CR Tax Rate +0.0122%
Year 2023 Assessed Value $128,104 Land Value $15,789 Improvement Value $112,315 Tax Amount $1,562.86 Change Rate Assessed CR Tax Rate +0.0122%
Year 2022 Assessed Value $128,104 Land Value $15,789 Improvement Value $112,315 Tax Amount $1,562.86 Change Rate Assessed CR Tax Rate +0.0122%
Year 2021 Assessed Value $128,104 Land Value $15,789 Improvement Value $112,315 Tax Amount $1,562.86 Change Rate +0.947853% Assessed CR Tax Rate +0.0122%
Year 2020 Assessed Value $61,248 Land Value $14,551 Improvement Value $46,697 Tax Amount $802.35 Change Rate +0.010097% Assessed CR Tax Rate +0.0131%
Year 2019 Assessed Value $61,248 Land Value $14,551 Improvement Value $46,697 Tax Amount $794.33 Change Rate -0.009996% Assessed CR Tax Rate +0.012969%
Year 2018 Assessed Value $61,248 Land Value $14,551 Improvement Value $46,697 Tax Amount $802.35 Change Rate +0.303363% Assessed CR Tax Rate +0.0131%
Year 2017 Assessed Value $48,857 Land Value $14,551 Improvement Value $34,306 Tax Amount $615.6 Change Rate +0.046529% Assessed CR Tax Rate +0.0126%
Year 2016 Assessed Value $46,213 Land Value $15,170 Improvement Value $31,043 Tax Amount $588.23 Change Rate Assessed CR Tax Rate +0.012729%
Year 2015 Assessed Value $46,213 Land Value $15,170 Improvement Value $31,043 Tax Amount $588.23 Change Rate Assessed CR Tax Rate +0.012729%
Year 2014 Assessed Value $46,213 Land Value $15,170 Improvement Value $31,043 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $669.8 Change Rate Assessed CR Tax Rate