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115 Stoney Lane

115 Stoney Lane, Cherryville, NC 28021
Land in Gaston
Sold Jan 27, 2023
$366,000
$359,370 by Atlantic Bay Mortgage Group Ll
Mortgage Due Feb 01, 2053
Sold Jul 29, 2021
$90,000
$91,200 by Lonestar Equity Investments Ll
Mortgage
115 Stoney Lane has been categorized by the local assessors in Cherryville, NC as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 115 Stoney Lane has 1,946 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 21,344 square feet.

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. 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, 115 Stoney Lane sold most recently in Jan 27, 2023 for a total of $366,000. If you work out the math, that's approximately a cost of $188.08 per sqft. Before that, the property was also sold for $90,000 in Jul 27, 2021. 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 $3,884 in taxes each year. 115 Stoney Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $356,360. If we break it down further, the land itself was valued at $33,500. Improvements to the property, however, were assessed at a total of $322,860. 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.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCKY RIDGE SUBDIVISION
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: ROCKY RIDGE L 8 06 020 001 00 000

Ownership

  • Current Owner : ANDERSON DALE K
  • Current Owner 2: SMITH ASHLEY BURCH
  • Previous Owner : BULLER RIVER DEVELOPMENT PARTNERS LP
  • Owner Before Previous Owner: HOYLE CONSTRUCTION COMPANY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: CHERRYVILLE CIT
  • Census Tract: 030601

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MP 72 PG 110
  • District: CHERRYVILLE
  • Parcel: 211649
  • Municipality: CHERRYVILLE CITY
  • Latitude: 35.3975
  • Longitude: -81.3571

    Address

  • Full Address: 115 Stoney Ln
  • Address - House Number: 115
  • Address - Street Name: Stoney
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cherryville
  • Carrier Code: R003
  • 4-Digit Zip Code: 2104
  • Zip Code: 28021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,884

    Appraisal Valuation

  • Standard Deviation: 0.2067
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 72
  • Final Value: 265,396
  • High Value: 320,260
  • Low Value: 210,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,370
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jan 27, 2023
  • First Open Lien Mortgage Loan Amount: $359,370
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $30,000
  • Market Land Value: $30,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,360
  • Assessed Land Value: $33,500
  • Assessed Improvements Value: $322,860

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11902395072
  • Current Sale Price: $366,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 29, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $359,370
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LONESTAR EQUITY INVESTMENTS LL
  • Previous Mortgage Transaction Date: Jul 29, 2021
  • Previous Mortgage Loan Amount: $91,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cherryville



Similar Buildings

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Nearby Rentals

Unit for rent at 603 Edna Graves Way, Cherryville, NC, 28021

$1,590 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,318 ft²
603 Edna Graves Way #B, Cherryville, NC, 28021 Listing by Christie Oakley

Frequently Asked Questions

What neighborhood is 115 Stoney Lane located in?
The 115 Stoney Lane is a land located in the neighborhood of Gaston in Cherryville, Cherryville.
What is the average sales price for listings in 115 Stoney Lane?
The average sales price for units in 115 Stoney Lane is $0 currently.

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