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109 Cross Street

109 Cross Street, Belmont, NC 28012
Property in Gaston
Sold May 27, 2021
$250,000
$2,415,000 by Live Oak Banking Company
Mortgage Due Mar 12, 2049
Sold Oct 19, 2018
$180,000
$180,000 by Usaa Fsb
Mortgage Due Nov 01, 2048
109 Cross Street in Belmont, NC was first built in 1920 and is 104 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 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. 109 Cross Street has 1,464 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 6,098 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 forced air unit. The property was last sold in May 27, 2021 for $250,000. That's $170.77 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2018 for $180,000. 109 Cross Street was last assessed in 2023. The total value of the property was assessed at $292,060. Specifically, the land the property is located on was valued at $27,500. While improvements on the property were assessed at a total of $264,560. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,110. 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. 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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH FORK CROSSING SUBDIVISION
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: R L STOWE MILLS BLK C L 7 04 001 004 57 000

Ownership

  • Current Owner : PATEL DIPEN
  • Current Owner 2: PATEL ALPA
  • Previous Owner : FORD PHILIP
  • Previous Owner 2: GIBSON TACHEA
  • Owner Before Previous Owner: EIFERT ERIK
  • Owner Before Previous Owner 2: EIFERT ADRIANA SHIMANO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 50 PG 100
  • District: BELMONT CITY
  • Parcel: 125017
  • Block: C
  • Municipality: BELMONT CITY
  • Latitude: 35.2537
  • Longitude: -81.0474

    Address

  • Full Address: 109 Cross St
  • Address - House Number: 109
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: NC
  • City Name: Belmont
  • Carrier Code: C011
  • 4-Digit Zip Code: 2889
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,110

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 353,363
  • High Value: 435,458
  • Low Value: 271,268

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,290,000
  • First Open Lien Mortgage Lender: LIVE OAK BANKING COMPANY
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $2,415,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 12, 2049
  • Second Open Lien Mortgage Lender: LIVE OAK BANKING COMPANY
  • Second Open Lien Mortgage Recording Date: Mar 13, 2024
  • Second Open Lien Mortgage Loan Amount: $2,875,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 12, 2049

    Market Valuation

  • Market Total Value: $198,840
  • Market Land Value: $21,000
  • Market Improvement Value: $177,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,060
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $264,560

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11844746401
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 16, 2018
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $187,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Oct 19, 2018
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Belmont



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Nearby Rentals

Unit for rent at 529 Park View Drive, Belmont, NC, 28012

$2,499 /mo

  • 3 Beds
  • 2.5 Baths
529 Park View Drive, Belmont, NC, 28012 Listing by Dottie Ciarrocchi

Frequently Asked Questions

What neighborhood is 109 Cross Street located in?
The 109 Cross Street is a located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 109 Cross Street?
The average sales price for units in 109 Cross Street is $0 currently.

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