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40176 Tower Rd

Albemarle, NC 28001

3 bd 3 ba 2,880 sqft Built 1994 Lot 111,775 sqft single_family
Most recent sale
$315,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $315,000 MLS #3825944
Feb 2, 2022 Listed $315,000 MLS #3825944
Oct 16, 2019 Sold $228,000 MLS #3533812
Jul 31, 2019 Listed $234,900 MLS #3533812
Oct 24, 2017 Sold $198,000 MLS #3273601
Aug 24, 2017 Price changed $199,900 MLS #3273601
Jul 22, 2017 Price changed $209,000 MLS #3273601
Jun 28, 2017 Price changed $212,500 MLS #3273601
Apr 21, 2017 Listed $220,900 MLS #3273601
Apr 14, 2005 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $263,810 $43,345 $307,155 $1,540
2023 $191,460 $24,635 $216,095 $1,176
2022 $191,460 $24,635 $216,095 $1,485
2021 $191,460 $24,635 $216,095 $1,486
2020 $163,623 $21,850 $185,473 $1,373
2019 $130,621 $21,850 $152,471 $1,140
2018 $130,621 $21,850 $152,471 $1,128
2017 $130,621 $21,850 $152,471 $1,140
2016 $127,359 $19,457 $146,816 $1,097
2015 $127,359 $19,457 $146,816 $1,086
2014 $127,359 $19,457 $146,816 $1,097
2013 $127,359 $19,457 $146,816 $1,057
2012 $128,203 $19,458 $147,661 $1,063
2011 $128,203 $19,458 $147,661 $1,063
2010 $128,203 $19,458 $147,661 $1,129
2009 $128,203 $19,458 $147,661 $1,063
2008 $128,203 $19,458 $147,661 $1,063
2007 $128,203 $19,458 $147,661 $1,063

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,880 sqft
Lot size
111,775 sqft
ZIP code
28001
City
Albemarle
Street
Tower Rd
Coordinates
35.42604, -80.16285

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40176 Tower Rd last sell?
40176 Tower Rd most recently sold on Mar 11, 2022 for $315,000.
What is the current tax assessment for 40176 Tower Rd?
The most recent total assessment for 40176 Tower Rd (year 2025) is $307,155 with $1,540 in property tax.
How does 40176 Tower Rd's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $315,000.
When was 40176 Tower Rd built?
40176 Tower Rd was built in 1994.
How does 40176 Tower Rd compare to others on Tower Rd?
We track 5 other properties on Tower Rd. Browse the list under "Other properties on Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 40176 Tower Rd?
40176 Tower Rd is a 3 bed, 3 bath, 2,880 sqft, 111,775 sqft lot single_family.
Is 40176 Tower Rd a flip candidate?
No — 40176 Tower Rd does not appear in our flips dataset.
Is 40176 Tower Rd a tax-appeal candidate?
No — 40176 Tower Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$380.5K
2026 Q4
$392.7K
ZIP 28001 — Median Price History + Forecast

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