Sold Mar 16, 2018
$105,500
Buyer
Seller
$102,258
by Movement Mortgage
Mortgage Due Apr 01, 2048
1142 Farewell Drive has been categorized by the local assessors in Gastonia, NC as a residential type of property.
The building on the property was first built in 1980 and is 44 years old.
The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 1142 Farewell Drive has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 21,780 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 1142 Farewell Drive sold most recently in Mar 8, 2018 for a total of $105,500. If you work out the math, that's approximately a cost of $104.66 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,925 in taxes each year. 1142 Farewell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,240. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $163,240. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 1142 Farewell Drive sold most recently in Mar 8, 2018 for a total of $105,500. If you work out the math, that's approximately a cost of $104.66 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,925 in taxes each year. 1142 Farewell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,240. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $163,240. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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.
1142 Farewell Drive, Gastonia, NC 28054
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