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113 Homer Lane

113 Homer Lane, Mooresville, NC 28117
House in Iredell
Sold Sep 07, 2017
$1,210,000
$968,000 by Quicken Loans Inc
Mortgage Due Oct 01, 2047
Sold Aug 12, 2015
$2,074,000
113 Homer Lane in Mooresville, NC was first built in 2015 and is 9 years old. Although, the building on the property was most recently renovated and altered in 2016. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 113 Homer Lane has 5,115 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 27,312 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 813 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 forced air unit and being fueled with gas. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 113 Homer Lane sold most recently in Aug 31, 2017 for a total of $1,210,000. If you work out the math, that's approximately a cost of $236.56 per sqft. Before that, the property was also sold for $2,074,000 in Aug 3, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,338 in taxes each year. 113 Homer Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,572,620. If we break it down further, the land itself was valued at $510,000. Improvements to the property, however, were assessed at a total of $1,062,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2016
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 813
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,312
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 5,115
  • Gross Building Area: 6,836
  • Building Area: 5,115
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,115
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMER
  • Land Acres: 0.627
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L36 SISTERS COVE P11-PB-60-91 REV PB 63-112

Ownership

  • Current Owner : LOWE EUGENE
  • Current Owner 2: LOWE SEHNAZ
  • Previous Owner : SISTERS COVE OF LKN LLC
  • Owner Before Previous Owner: SLF II NC MAGNOLIA BAYS JV LLC

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR02
  • School Tax District Code 3: SW
  • Census Tract: 061203

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: MAP:4648
  • Account Number: 80047498
  • District: 17
  • Parcel: 4648-37-0886.000
  • Block: 37
  • Lot: 36
  • Municipality: DAVIDSON
  • Latitude: 35.6256
  • Longitude: -80.8741

    Address

  • Full Address: 113 Homer Ln
  • Address - House Number: 113
  • Address - Street Name: Homer
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R035
  • 4-Digit Zip Code: 8403
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,338
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 1,764,543
  • High Value: 2,086,528
  • Low Value: 1,442,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $968,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 07, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $968,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $1,572,620
  • Market Land Value: $510,000
  • Market Improvement Value: $1,062,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,572,620
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $1,062,620

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Transaction ID: 1733179911
  • Current Sale Price: $1,210,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 12, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $2,074,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 07, 2017
  • First Mortgage Loan Amount: $968,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Iredell



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Frequently Asked Questions

What neighborhood is 113 Homer Lane located in?
The 113 Homer Lane is a house located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 113 Homer Lane?
The average sales price for units in 113 Homer Lane is $0 currently.

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