40862 Southbound Rd, Albemarle, NC, 28001

$264,500

Home List Price

$3,141*

Closing Credit

3 Bedrooms
2 Full Baths
1,424 SqFt
$186/SqFt
House

Location

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40862 Southbound Rd, Albemarle$264,500

Buyer Closing Credits

$3,141*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1950
HeatingHeat Pump
CoolingCentral Air
MLS #4191564
StatusAccepting Backup Offers
(Active Under Contract)

About 40862 Southbound Rd

Discover this stunning, fully renovated home in Albemarle, NC, offering the perfect balance of peaceful country living and convenient city access. Situated on a spacious lot, this move-in-ready gem is ideal for those who crave tranquility and a bit of extra space. The brand-new kitchen is a showstopper, featuring elegant white granite countertops and brand-new cabinets that provide a modern, sophisticated touch. With every detail thoughtfully updated, this home is ready for you to move in and make it your own. Don’t miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,424 SqFt

Listing Office:

  • Office Name: United Real Estate-Queen City
  • Office Email: alejandro39realty@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Stanly High School, Public District Grades 9-12
  • Stanly Early College High School, Public District Grades 9-12
  • South Stanly Middle School, Public District Grades 6-8
  • Norwood Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $264,500
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $463
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Albemarle, NC.

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Albemarle, NC

City

Med. Sold Price

$276.1K

Med. Price/SqFt

$177

Avg. Days On Market

75

# of Sold Homes

35

40862 Southbound Rd vs Albemarle

22 DAYS ON ROCKET

-53 Days

$264,500

-$11.6K Less

$186/SqFt

+$8 More

KEY TAKEAWAY

This property is $11.6K less than the Median Sold Price and $8/SqFt more than other homes in Albemarle, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4191564

Listing Office:

  • Office Name: United Real Estate-Queen City
  • Office Email: alejandro39realty@gmail.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$463$26,084
2020$406$39,148
2019$406$39,148
2017$301$39,148

History based on county public records data.

Payment Calculator

$1,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$859

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2128676
3
/10

  • Norwood Elementary School

  • 400 S Main St

  • 5.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2128677
3
/10

  • South Stanly Middle School

  • 12492 Cottonville Rd

  • 3.25 miles

  • Public District Grades 6-8

High School

school-card-donut-2128678
4
/10

  • South Stanly High School

  • 40488 S Stanly School Rd

  • 3.91 miles

  • Public District Grades 9-12

school-card-donut-2128679
9
/10

  • Stanly Early College High School

  • 141 College Dr

  • 4.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,724. The majority of Albemarle, NC residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40862 Southbound Rd

What is the listing price of this property?

The listing price of 40862 Southbound Rd property is $264,500.

What type of property is this?

The property 40862 Southbound Rd is a house located in Albemarle, North Carolina, 28001.

Is this property for sale now?

Accepting Backup Offers: 40862 Southbound Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 40862 Southbound Rd are:
Norwood Elementary School: GreatSchools Rating 3/10
South Stanly Middle School: GreatSchools Rating 3/10
South Stanly High School: GreatSchools Rating 4/10
Stanly Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $463 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40862 Southbound Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40862 Southbound Rd is 1,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40862 Southbound Rd is 1950.

Rocket Homes›North Carolina›Stanly County›Albemarle›28001›40862 Southbound Rd

This home is located at 40862 Southbound Rd in Albemarle, NC and zip code 28001. This 1,424 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $264,500.

Albemarle, NC housing market in October 2024 saw over 6 listings sold above listed price, more than 11 sold at listed price and over 18 sold below. The number of listings in Albemarle, NC increased by 10.3% between September 2024 and October 2024. Listings spent 75 days on the market in October 2024, and had a median list price of $276,160 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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