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1080 Chestnut Drive

1080 Chestnut Drive, Newton, NC 28658
Property in Catawba
Sold Jun 08, 2016
$199,100
$202,000 by North State Bank
Mortgage Due Dec 01, 2046
Sold Oct 30, 2003
$279,000
1080 Chestnut Drive in Newton, NC was first built in 1979 and is 45 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 conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1080 Chestnut Drive has 2,964 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 500 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,560 ft and the linear feet between the front and back of the lot is 3,150. In total, the area measurement of the land is 50,530 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. 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. The property was last sold in Jun 3, 2016 for $199,100. That's $67.17 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2003 for $279,000. 1080 Chestnut Drive was last assessed in 2023. The total value of the property was assessed at $440,500. Specifically, the land the property is located on was valued at $29,500. While improvements on the property were assessed at a total of $411,000. 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 $2,200. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 50,530
  • Lot Size Depth Feet: 3,150
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 2,964
  • Building Area: 2,964
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,964
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: WOOD RUN ACRES
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 1 PL 15-142

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : LASSITER CHARLES E
  • Previous Owner 2: LASSITER LOU H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Catawba County Schools
  • School Tax School District: NEWTON RURAL
  • Census Tract: 011701

Zoning

  • Zoning: R-20

Geography

  • Subdivision Tract Number: 1
  • Parcel: 3720-18-22-7388
  • Lot: 1
  • Municipality: NEWTON
  • Latitude: 35.6586
  • Longitude: -81.2802

    Address

  • Full Address: 1080 Chestnut Dr
  • Address - House Number: 1080
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Newton
  • Carrier Code: R005
  • 4-Digit Zip Code: 8425
  • Zip Code: 28658

Valuation

    Tax

  • Total Area: 2,464
  • Tax Year: 2023
  • Tax Amount: $2,200
  • Tax Rate Code Area: CATAWBA CO

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 489,302
  • High Value: 611,079
  • Low Value: 367,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Nov 22, 2016
  • First Open Lien Mortgage Loan Amount: $202,000
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $440,500
  • Market Land Value: $29,500
  • Market Improvement Value: $411,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,500
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $411,000

    Sales

  • Current Sale Contract Date: Jun 03, 2016
  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Transaction ID: 1830971939
  • Current Sale Price: $199,100
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 09240
  • Previous Sale Recording Date: Oct 30, 2003
  • Previous Sale Contract Date: Oct 30, 2003
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Deed

About Catawba



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Frequently Asked Questions

What neighborhood is 1080 Chestnut Drive located in?
The 1080 Chestnut Drive is a located in the neighborhood of Catawba in Catawba, Newton.
What is the average sales price for listings in 1080 Chestnut Drive?
The average sales price for units in 1080 Chestnut Drive is $0 currently.

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