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1118 Lorraine Street

1118 Lorraine Street, Graham, NC 27253
Property in Alamance
Sold Nov 28, 2017
$130,000
$126,003 by First Bank
Mortgage
1118 Lorraine Street in Graham, NC was first built in 1970 and is 54 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. 1118 Lorraine Street has 1,189 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 23,610 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. 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 brick 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 veneer. 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 gas. 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, 1118 Lorraine Street was last sold in Nov 20, 2017 for $130,000. According to our calculations, that's $109.34 per sqft. Current property owners are expected to pay $637 in taxes per year. The property on 1118 Lorraine Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $97,933. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $77,933. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,610
  • Lot Size Frontage Feet: 930
  • Total Building Area: 1,189
  • Building Area: 1,189
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,189
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LUTHER SHOFFNER PROP
  • Land Acres: 0.542
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LUTHER R SHOFFNER ADDN LOT 17 6-11-1F

Ownership

  • Current Owner : GOCHE ANITA L
  • Previous Owner : COUNCILMAN PATRICIA BILLINGS
  • Previous Owner 2: COUNCILMAN RANDALL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: GRAHAM
  • Census Tract: 020901

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: PM 8883
  • Account Number: 670632
  • Parcel: 143696
  • Municipality: GRAHAM
  • Latitude: 36.048
  • Longitude: -79.4041

    Address

  • Full Address: 1118 Lorraine Dr
  • Address - House Number: 1118
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Graham
  • Carrier Code: C008
  • 4-Digit Zip Code: 4020
  • Zip Code: 27253

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $637
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 65
  • Final Value: 218,213
  • High Value: 271,897
  • Low Value: 164,529

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,003
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Nov 28, 2017
  • First Open Lien Mortgage Loan Amount: $126,003
  • 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: $97,933
  • Market Land Value: $20,000
  • Market Improvement Value: $77,933

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $97,933
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $77,933

    Sales

  • Current Sale Contract Date: Nov 20, 2017
  • Current Sale Recording Date: Nov 28, 2017
  • Current Sale Transaction ID: 11311308348
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43136

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Nov 28, 2017
  • First Mortgage Loan Amount: $126,003
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Graham



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Frequently Asked Questions

What neighborhood is 1118 Lorraine Street located in?
The 1118 Lorraine Street is a located in the neighborhood of Alamance in Graham, Graham.
What is the average sales price for listings in 1118 Lorraine Street?
The average sales price for units in 1118 Lorraine Street is $0 currently.

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