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1022 Thomas Road

1022 Thomas Road, Sanford, NC 27330
Property in Lee
Sold Oct 02, 2020
$407,500
$387,125 by Prime Mortgage Lending Inc
Mortgage Due Nov 01, 2050
Sold Jul 14, 2010
$25,000
1022 Thomas Road has been categorized by the local assessors in Sanford, NC as a residential type of property. The building on the property was first built in 2011 and is 13 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1022 Thomas Road has 3,085 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 63,598 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 1,200 sqft. According to our sources, there are a total of 9 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Sep 29, 2020 for $407,500. That's $132.09 per sqft. Prior to that sales transaction, the property was also sold in Jun 13, 2010 for $25,000. 1022 Thomas Road was last assessed in 2023. The total value of the property was assessed at $493,200. Specifically, the land the property is located on was valued at $34,600. While improvements on the property were assessed at a total of $458,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,897. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 1,200
  • Parking Space Count: 9
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 63,598
  • Total Building Area: 3,085
  • Gross Building Area: 2,822
  • Building Area: 3,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,085
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1022 THOMAS RD PC 5/35 349/983

Ownership

  • Current Owner : HYLTON PAUL B
  • Current Owner 2: SULLIVAN KATE
  • Previous Owner : MADDOX JOSHUA
  • Previous Owner 2: MADDOX HEATHER
  • Owner Before Previous Owner: CUMMINGS SHEILA
  • Owner Before Previous Owner 2: CUMMINGS RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County Schools
  • Census Tract: 030401

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MAP 9672 01
  • Parcel: 9672-07-9274-00
  • Municipality: CAPE FEAR
  • Latitude: 35.4735
  • Longitude: -79.0975

    Address

  • Full Address: 1022 Thomas Rd
  • Address - House Number: 1022
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Sanford
  • Carrier Code: R010
  • 4-Digit Zip Code: 9111
  • Zip Code: 27330

Valuation

    Tax

  • Total Area: 2,783
  • Tax Year: 2023
  • Tax Amount: $3,897
  • Tax Rate Code Area: FBW

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 62
  • Final Value: 544,781
  • High Value: 688,728
  • Low Value: 400,835

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $487,125
  • First Open Lien Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Loan Amount: $387,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 05, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $493,200
  • Market Land Value: $34,600
  • Market Improvement Value: $458,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,200
  • Assessed Land Value: $34,600
  • Assessed Improvements Value: $458,600

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11790514545
  • Current Sale Price: $407,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-06767
  • Previous Sale Recording Date: Jul 14, 2010
  • Previous Sale Contract Date: Jun 13, 2010
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $387,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Lee



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Frequently Asked Questions

What neighborhood is 1022 Thomas Road located in?
The 1022 Thomas Road is a located in the neighborhood of Lee in Lee, Sanford.
What is the average sales price for listings in 1022 Thomas Road?
The average sales price for units in 1022 Thomas Road is $0 currently.

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