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116 2nd Street

116 2nd Street, Haw River, NC 27258
Property in Alamance
Sold Oct 06, 2020
$125,000
$122,735 by Truist Bank
Mortgage Due Nov 01, 2050
Sold Aug 27, 2015
$83,000
$81,496 by North State Bank
Mortgage
116 2nd Street in Haw River, NC was first built in 1950 and is 74 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 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 116 2nd Street has 876 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 21,911 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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. 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 alum/vinyl siding. 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. 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, 116 2nd Street was last sold in Oct 2, 2020 for $125,000. According to our calculations, that's $142.69 per sqft. Prior to that sales transaction, the property was sold for $83,000 in Aug 19, 2015. Current property owners are expected to pay $1,068 in taxes per year. The property on 116 2nd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $83,439. To break that down further, the land itself was valued at $26,302. While improvements to the property were assessed at a total of $57,137. 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!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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,911
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 876
  • Building Area: 876
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAKER PROP
  • Land Acres: 0.503
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: SECOND ST DEED LOT 12 ETAL 13-4-77

Ownership

  • Current Owner : LANE ELAINE ANN
  • Previous Owner : ALLMOND CY T
  • Previous Owner 2: ALLMOND MOLLIE A
  • Owner Before Previous Owner: SOUTHERN JORDAN T
  • Owner Before Previous Owner 2: SOUTHERN SARAH BETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: GRAHAM
  • Census Tract: 021201

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: PM 8895
  • Account Number: 696613
  • Parcel: 153636
  • Municipality: HAW RIVER
  • Latitude: 36.0934
  • Longitude: -79.3544

    Address

  • Full Address: 116 2nd St
  • Address - House Number: 116
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NC
  • City Name: Haw River
  • Carrier Code: R092
  • 4-Digit Zip Code: 9632
  • Zip Code: 27258

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,068
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 67
  • Final Value: 171,927
  • High Value: 212,062
  • Low Value: 131,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,735
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $122,735
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $83,439
  • Market Land Value: $26,302
  • Market Improvement Value: $57,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,439
  • Assessed Land Value: $26,302
  • Assessed Improvements Value: $57,137

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11793191920
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18950
  • Previous Sale Recording Date: Aug 27, 2015
  • Previous Sale Contract Date: Aug 19, 2015
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Aug 27, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $81,496
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Haw River



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Frequently Asked Questions

What neighborhood is 116 2nd Street located in?
The 116 2nd Street is a located in the neighborhood of Alamance in Haw River, Haw River.
What is the average sales price for listings in 116 2nd Street?
The average sales price for units in 116 2nd Street is $0 currently.

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