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116 Cypress Drive

116 Cypress Drive, Raeford, NC 28376
Property in Hoke
Sold Oct 26, 2020
Transfer
Sold Mar 06, 2020
$95,000
$71,250 by Quicken Loans Inc
Mortgage Due Apr 01, 2050
116 Cypress Drive in Raeford, NC was first built in 1998 and is 26 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 116 Cypress Drive has 1,244 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. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,900. In total, the area measurement of the land is 15,200 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The condition of the building has been evaluated as good. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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. Before that, the property was also sold for $95,000 in Feb 25, 2020. 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 $1,219 in taxes each year. 116 Cypress Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,240. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $98,240. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,200
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,244
  • Building Area: 1,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,244
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERFIELD EAST
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 63 SUMMERFIELD E 2-21/1,2 NEW HOME FOR 99

Ownership

  • Current Owner : KAPLAN HOME SOLUTIONS INC
  • Previous Owner : KAPLAN KIMBERLY
  • Previous Owner 2: KAPLAN ADAM
  • Owner Before Previous Owner: TIMMS JAMES W
  • Owner Before Previous Owner 2: TIMMS BEATRICE F
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hoke County Schools
  • School Tax School District: HILLCREST
  • Census Tract: 970107

Geography

  • Account Number: 244103
  • District: 4
  • Parcel: 494450001193
  • Municipality: MCLAUCHLIN
  • Latitude: 35.0022
  • Longitude: -79.1688

    Address

  • Full Address: 116 Cypress Dr
  • Address - House Number: 116
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raeford
  • Carrier Code: R011
  • 4-Digit Zip Code: 5744
  • Zip Code: 28376

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,219
  • Tax Rate Code Area: MCLAUCHLIN

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 193,635
  • High Value: 230,985
  • Low Value: 156,285

    Market Valuation

  • Market Total Value: $131,240
  • Market Land Value: $33,000
  • Market Improvement Value: $98,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,240
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $98,240

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Transaction ID: 11798002425
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8436
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Feb 25, 2020
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Mar 06, 2020
  • Previous Mortgage Loan Amount: $71,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Hoke



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Frequently Asked Questions

What neighborhood is 116 Cypress Drive located in?
The 116 Cypress Drive is a located in the neighborhood of Hoke in Hoke, Raeford.
What is the average sales price for listings in 116 Cypress Drive?
The average sales price for units in 116 Cypress Drive is $0 currently.

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