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1115 North 16 Highway

1115 North 16 Highway, Denver, NC 28037
Commercial in Lincoln
1 Units For Sale
Unit for sale at 1115 N Business 16 Highway, Denver, NC 28037

$950,000

  • Commercial
  • 1,560 ft²
1115 N Business 16 Highway, Denver, NC 28037 Listing by Steve Gillespie

1115 North 16 Highway in Denver, NC was first built in 1961 and is 63 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1115 North 16 Highway has 1,560 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 171,539 square feet.

Learn more about the property and building on this page. 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 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1115 North 16 Highway was last sold in Jul 26, 2023 for $400,000. According to our calculations, that's $256.41 per sqft. Prior to that sales transaction, the property was sold for $835,000 in Nov 5, 2018. Current property owners are expected to pay $4,984 in taxes per year. The property on 1115 North 16 Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $808,860. To break that down further, the land itself was valued at $764,812. While improvements to the property were assessed at a total of $44,048. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 780
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 171,539
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.938
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #2 LT STEVENS NC

Ownership

  • Current Owner : CEC PROPERTY INVESTMENTS LLC
  • Previous Owner : STEVENS NC PROPERTIES LLC
  • Owner Before Previous Owner: ALEXANDER HOWARD SHEILA G
  • Owner Before Previous Owner 2: ALEXANDER HOWARD JR HAROLD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: EAST LINCOLN
  • Census Tract: 071101

Zoning

  • Zoning: ELDD B-G

Geography

  • Assessors Map Reference: 4603-4
  • Account Number: 270265
  • District: 005
  • Parcel: 34767
  • Municipality: CATAWBA SPRINGS
  • Latitude: 35.4732
  • Longitude: -80.9942

    Address

  • Full Address: 1115 N Nc 16 Business Hwy
  • Address - House Number: 1115
  • Street Direction: N
  • Address - Street Name: Nc 16 Business
  • Address - Suffix Type: Hwy
  • State: NC
  • City Name: Denver
  • Carrier Code: R007
  • 4-Digit Zip Code: 8355
  • Zip Code: 28037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,984
  • Tax Rate Code Area: EAST LINCO

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 74
  • Final Value: 621,438
  • High Value: 741,366
  • Low Value: 501,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 28, 2023
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $808,860
  • Market Land Value: $764,812
  • Market Improvement Value: $44,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $808,860
  • Assessed Land Value: $764,812
  • Assessed Improvements Value: $44,048

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Transaction ID: 11910359151
  • Current Sale Price: $400,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 670064
  • Previous Sale Recording Date: Nov 06, 2018
  • Previous Sale Contract Date: Nov 05, 2018
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 28, 2023
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: Nov 06, 2018
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lincoln



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1115 North 16 Highway located in?
The 1115 North 16 Highway is a commercial located in the neighborhood of Lincoln in Lincoln, Denver.
How many listings are currently for sale in 1115 North 16 Highway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1115 North 16 Highway?
The average sales price for units in 1115 North 16 Highway is $950,000 , or $609/sqft. currently.

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