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1055 Stirrup Place Northwest

1055 Stirrup Place Northwest, Concord, NC 28027
Property in Bedford Downs
Sold Apr 13, 2018
$170,000
$262,000 by Crosscountry Mortgage, Llc
Mortgage Due Oct 01, 2053
Sold Nov 05, 1993
$95,000
Buyer
Local assessors in Concord, NC have categorized 1055 Stirrup Place Northwest as a residential type of property. The home was built in 1993 and is 31 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 650 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1055 Stirrup Place Northwest has a total of 1,357 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1055 Stirrup Place Northwest sold most recently in Apr 6, 2018 for a total of $170,000. If you work out the math, that's approximately a cost of $125.28 per sqft. Before that, the property was also sold for $95,000 in Nov 1, 1993. 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 $2,071 in taxes each year. 1055 Stirrup Place Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,780. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $129,780. 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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,357
  • Gross Building Area: 1,899
  • Building Area: 1,357
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,357
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEDFORD DOWNS
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 36 BEDFORD DOWNS

Ownership

  • Current Owner : BELK THOMAS DALE
  • Current Owner 2: LEONARD COURTNEY S
  • Previous Owner : MCGHEE KAYNA
  • Previous Owner 2: MCGHEE MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 042402

Zoning

  • Zoning: RC

Geography

  • Account Number: 122302
  • District: 04
  • Parcel: 5611 65 2435
  • Lot: 36
  • Municipality: KANNAPOLIS
  • Latitude: 35.4302
  • Longitude: -80.624

    Address

  • Full Address: 1055 Stirrup Pl Nw
  • Address - House Number: 1055
  • Street Segment Direction: NW
  • Address - Street Name: Stirrup
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Concord
  • Carrier Code: R020
  • 4-Digit Zip Code: 8622
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,071
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.0842
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 93
  • Final Value: 301,470
  • High Value: 326,868
  • Low Value: 276,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $262,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $169,780
  • Market Land Value: $40,000
  • Market Improvement Value: $129,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,780
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $129,780

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Apr 13, 2018
  • Current Sale Transaction ID: 11464665760
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 05, 1993
  • Previous Sale Contract Date: Nov 01, 1993
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Apr 13, 2018
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 1055 Stirrup Place Northwest located in?
The 1055 Stirrup Place Northwest is a located in the neighborhood of Bedford Downs in Bedford Downs, Concord.
What is the average sales price for listings in 1055 Stirrup Place Northwest?
The average sales price for units in 1055 Stirrup Place Northwest is $0 currently.

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