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108 Coweeta Lake Circle

108 Coweeta Lake Circle, Otto, NC 28763
Property in Macon
Sold May 12, 2021
$120,000
$96,000 by United Community Bank
Mortgage Due Jun 01, 2051
Sold Jul 23, 2008
$100,000
$90,000 by Jordan And Jordan Enterprises
Mortgage Due Jul 23, 2011
108 Coweeta Lake Circle has been categorized by the local assessors in Otto, NC as a residential type of property. The building on the property was first built in 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 108 Coweeta Lake Circle has 912 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 23,087 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. 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 average. 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 C- by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. Finally, the property is currently sourcing its water from a water 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 May 12, 2021 for $120,000. That's $131.58 per sqft. Prior to that sales transaction, the property was also sold in Jul 23, 2008 for $100,000. 108 Coweeta Lake Circle was last assessed in 2023. The total value of the property was assessed at $131,730. Specifically, the land the property is located on was valued at $27,880. While improvements on the property were assessed at a total of $103,850. 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 $563. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1973
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 456
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Frontage Feet: 0
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 912
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOCO SPRINGS
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 & PT OF LOT 3 SEC L COWETTA LANDS

Ownership

  • Current Owner : FARRIS AARON D
  • Previous Owner : FARRIS DOUGLAS
  • Previous Owner 2: FARRIS DEBRA
  • Owner Before Previous Owner: JORDAN AND JORDAN ENTERPRISES LLLP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: F03 OTTO
  • Census Tract: 970700

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MAP 6581
  • Account Number: 149520
  • District: 7
  • Section: L
  • Parcel: 6581427232
  • Lot: 3-4,4
  • Municipality: SMITHBRIDGE
  • Latitude: 35.0775
  • Longitude: -83.3978

    Address

  • Full Address: 108 Coweeta Lake Cir
  • Address - House Number: 108
  • Address - Street Name: Coweeta Lake
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Otto
  • Carrier Code: R001
  • 4-Digit Zip Code: 9150
  • Zip Code: 28763

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $563

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 61
  • Final Value: 168,069
  • High Value: 213,288
  • Low Value: 122,851

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $96,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Sep 19, 2023
  • Second Open Lien Mortgage Loan Amount: $28,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 24, 2048

    Market Valuation

  • Market Total Value: $131,730
  • Market Land Value: $27,880
  • Market Improvement Value: $103,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,730
  • Assessed Land Value: $27,880
  • Assessed Improvements Value: $103,850

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11835690910
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021004589
  • Previous Sale Recording Date: Jul 23, 2008
  • Previous Sale Contract Date: Jul 23, 2008
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $96,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JORDAN AND JORDAN ENTERPRISES
  • Previous Mortgage Transaction Date: Jul 23, 2008
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 23, 2011

About Macon



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Frequently Asked Questions

What neighborhood is 108 Coweeta Lake Circle located in?
The 108 Coweeta Lake Circle is a located in the neighborhood of Macon in Macon, Otto.
What is the average sales price for listings in 108 Coweeta Lake Circle?
The average sales price for units in 108 Coweeta Lake Circle is $0 currently.

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