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1050 Canyon Drive

1050 Canyon Drive, Rural Hall, NC 27045
Property in Forsyth
Sold Jun 02, 2005
$160,000
$160,000 by Trustmor Mortgage Co
Mortgage Due Jul 01, 2035
Sold Oct 13, 1998
$105,500
$95,200 by First Citizens Bank & Trust Co
Mortgage Due Oct 13, 2028
1050 Canyon Drive in Rural Hall, NC was first built in 1974 and is 50 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1050 Canyon Drive has 2,030 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. The basement is 1,624 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 31,299 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. The garage is 1,024 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1050 Canyon Drive sold most recently in May 31, 2005 for a total of $160,000. If you work out the math, that's approximately a cost of $49.26 per sqft. Before that, the property was also sold for $105,500 in Oct 12, 1998. 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 $1,729 in taxes each year. 1050 Canyon Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $174,300. If we break it down further, the land itself was valued at $35,600. Improvements to the property, however, were assessed at a total of $138,700. 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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,624
  • Garage Type: Garage
  • Garage Square Area: 1,024
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 31,299
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,248
  • Gross Building Area: 3,248
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEECHCLIFF/OAKVIEW/SHANNON HILLS
  • Land Acres: 0.718
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO006B BL5050

Ownership

  • Current Owner : SUMMERS DENNIS R
  • Current Owner 2: SUMMERS DENISE F
  • Previous Owner : HORN JAMES GRAYSON
  • Previous Owner 2: HORN STACEY R
  • Owner Before Previous Owner: WATSON EDDIE L
  • Owner Before Previous Owner 2: WATSON JOAN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 002808

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM6910
  • Parcel: 6910-71-7338.000
  • Block: 5050
  • Lot: 6B
  • Municipality: BETHANIA
  • Latitude: 36.2198
  • Longitude: -80.296

    Address

  • Full Address: 1050 Canyon Dr
  • Address - House Number: 1050
  • Address - Street Name: Canyon
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Rural Hall
  • Carrier Code: R004
  • 4-Digit Zip Code: 9348
  • Zip Code: 27045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,729

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 287,898
  • High Value: 355,065
  • Low Value: 220,731

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: TRUSTMOR MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 02, 2005
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $174,300
  • Market Land Value: $35,600
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,300
  • Assessed Land Value: $35,600
  • Assessed Improvements Value: $138,700

    Sales

  • Current Sale Contract Date: May 31, 2005
  • Current Sale Recording Date: Jun 02, 2005
  • Current Sale Transaction ID: 1106266847
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 13, 1998
  • Previous Sale Contract Date: Oct 12, 1998
  • Previous Sale Amount: $105,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMOR MORTGAGE CO
  • First Mortgage Transaction Date: Jun 02, 2005
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 13, 1998
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $95,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 13, 2028

About Rural Hall



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1050 Canyon Drive located in?
The 1050 Canyon Drive is a located in the neighborhood of Forsyth in Rural Hall, Rural Hall.
What is the average sales price for listings in 1050 Canyon Drive?
The average sales price for units in 1050 Canyon Drive is $0 currently.

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