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1025 Sam Lattimore Road

1025 Sam Lattimore Road, Shelby, NC 28152
Property in Cleveland
Sold Jun 06, 2018
$720,000
$410,000 by Carolina Farm Credit Aca
Mortgage Due Jun 01, 2028
1025 Sam Lattimore Road in Shelby, NC was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1976. This has been categorized as a residential property type. It is a single story home. 1025 Sam Lattimore Road has 1,097 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,167,844 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a shed style roof. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1025 Sam Lattimore Road sold most recently in Jun 6, 2018 for a total of $720,000. If you work out the math, that's approximately a cost of $656.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1025 Sam Lattimore Road was most recently assessed in 2017. During this assessment, the property's total value was estimated to be about $139,030. If we break it down further, the land itself was valued at $125,057. Improvements to the property, however, were assessed at a total of $13,973. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Shed
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 1,167,844
  • Total Building Area: 1,097
  • Building Area: 1,097
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREST ACRES
  • Land Acres: 26.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 26.81 AC HWY 150

Ownership

  • Current Owner : MORGAN JOSEPH H
  • Current Owner 2: MORGAN JODI N
  • Previous Owner : RUBY HILLS LLC
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: COUNTY SCHOOL D
  • Census Tract: 951300

Geography

  • Assessors Map Reference: 3252
  • Account Number: 1254755
  • District: 2
  • Parcel: 2577
  • Block: 1
  • Lot: 16U
  • Municipality: BOILING SPRINGS
  • Latitude: 35.2595
  • Longitude: -81.59

    Address

  • Full Address: 1025 Sam Lattimore Rd
  • Address - House Number: 1025
  • Address - Street Name: Sam Lattimore
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Shelby
  • Carrier Code: R018
  • 4-Digit Zip Code: 8672
  • Zip Code: 28152

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $0
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,000
  • First Open Lien Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Open Lien Mortgage Recording Date: Jun 06, 2018
  • First Open Lien Mortgage Loan Amount: $410,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028

    Market Valuation

  • Market Total Value: $139,030
  • Market Land Value: $125,057
  • Market Improvement Value: $13,973

    Assessments Valuation

  • Assessed Year: 2017
  • Assessed Total Value: $139,030
  • Assessed Land Value: $125,057
  • Assessed Improvements Value: $13,973

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Transaction ID: 11473124884
  • Current Sale Price: $720,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200014406

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Mortgage Transaction Date: Jun 06, 2018
  • First Mortgage Loan Amount: $410,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2028

About Cleveland



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Frequently Asked Questions

What neighborhood is 1025 Sam Lattimore Road located in?
The 1025 Sam Lattimore Road is a located in the neighborhood of Cleveland in Cleveland, Shelby.
What is the average sales price for listings in 1025 Sam Lattimore Road?
The average sales price for units in 1025 Sam Lattimore Road is $0 currently.

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