NOT LISTED FOR SALE

40775 Stony Gap Rd Albemarle, NC 28001

Estimated Value: $347,000 - $435,000

3 Beds
3 Baths
2,775 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $205,000 $74 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,216/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Tile Flooring
  • Badin Elementary School Rated 9+
  • Shed

About This Home

As of February 2018

Unbelievable opportunity located just outside the city limits of Albemarle. Three bedroom, three bath home with full basement. Did I mention it's located on 2.3 acres with space for your auto restoration projects since home boasts 8 bay garage? Perfect for your hobbies that need coverage and security. Shop/Garage has office space already built in as well. Home has been taken care of and is in immaculate condition. You may want to replace some carpet, or heck you may LOVE the red room. Either way, you need to see this home today before it gets gone. And trust me, this home will GO FAST!

Last Agent to Sell the Property

Lee Allen

Corcoran HM Properties License #211466 Listed on: 01/12/2018

Corcoran HM Properties

Last Buyer's Agent

Lee Allen

Corcoran HM Properties License #211466 Listed on: 01/12/2018

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 2.29

Parking

  • 2

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Insulated Windows

Flooring

  • Carpet
  • Tile
  • Vinyl

Additional Features

  • Shed
  • Lot Dimensions are 419 x 270
  • Well

Listing and Financial Details

  • Assessor Parcel Number 6557-04-73-5323

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.07952
  • Ratio Close Price By Original Li: 1.07952
  • Ratio Current Price By Acre: 89519.65
  • Ratio Current Price By Sq Ft: 73.87
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Basement Shop
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 985
  • Main Level Sq Ft: 1790
  • Total Sq Ft: 2775
  • Sq Ft Unheated Basement: 800
  • Sq Ft Unheated Total: 800

Exterior Features

  • Construction: Aluminum, Brick Full, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Auto Shop, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 419 x 270
  • Parcel Number: 6557-04-73-5323
  • Zoning Specification: RES

Tax Info

  • Tax Value: 167247.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 22, 2018
Sold by
Morton Lewis Gene and Morton Estelle
Bought by
Pierce Robert K
Seller's Agent
Lee Allen
Corcoran HM Properties
Buyer's Agent
Lee Allen
Corcoran HM Properties
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%
Current Estimated Value
$389,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,233
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Morton Lewis E and Morton Mabelline Drye
Bought by
Morton Lewis Gene and Holder Barbara M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pierce Robert K $205,000 None Available
Morton Lewis Gene -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $205,000 +8.0% $74 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $189,900 -- $68 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,296 $347,922 $39,110 $308,812
2024 $1,636 $215,312 $26,240 $189,072
2023 $848 $215,312 $26,240 $189,072
2022 $848 $215,312 $26,240 $189,072
2021 $848 $215,312 $26,240 $189,072
2020 $706 $167,247 $22,772 $144,475
2019 $714 $167,247 $22,772 $144,475
2018 $1,288 $167,247 $22,772 $144,475
2017 $1,288 $167,247 $22,772 $144,475
2016 $1,255 $162,985 $20,450 $142,535
2015 $1,268 $162,985 $20,450 $142,535
2014 $1,140 $162,985 $20,450 $142,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3351352

Canopy MLS (Canopy Realtor® Association)

APN: 6557-04-73-5323