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116 Southwest Railroad Street

116 Southwest Railroad Street, Pikeville, NC 27863
Property in Wayne
Sold Jul 24, 2006
$61,000
$73,950 by Ks Bank Inc
Mortgage Due Aug 01, 2036
Sold Oct 06, 2005
$85,000
116 Southwest Railroad Street has been categorized by the local assessors in Pikeville, NC as a residential type of property. The building on the property was first built in 1962 and is 62 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. The building has a total of 2 stories. In addition, 116 Southwest Railroad Street has 2,244 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,100 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 13,860 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 560 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable or hip style roof made of asphalt. 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. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 116 Southwest Railroad Street sold most recently in Jul 19, 2006 for a total of $61,000. If you work out the math, that's approximately a cost of $27.18 per sqft. Before that, the property was also sold for $85,000 in Oct 4, 2005. 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 $1,403 in taxes each year. 116 Southwest Railroad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,930. If we break it down further, the land itself was valued at $10,690. Improvements to the property, however, were assessed at a total of $87,240. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B+
  • Building Style: A-frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,860
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,244
  • Gross Building Area: 3,342
  • Building Area: 2,244
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,244
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.318
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S RAILROAD ST

Ownership

  • Current Owner : WILSON DONALD T
  • Current Owner 2: WILSON APRIL A
  • Previous Owner : JP MORGAN CHASE BANK
  • Owner Before Previous Owner: BENSON JAMES EARL
  • Owner Before Previous Owner 2: BENSON SUSAN B

Neighborhood

  • School District Name: Wayne County Public Schools
  • School Tax School District: C
  • School Tax District Code 2: CI05
  • Census Tract: 000304

Zoning

  • Zoning: GB

Geography

  • Assessors Map Reference: MAP 032
  • Account Number: 603020
  • District: 10
  • Parcel: 3603263962
  • Municipality: PIKEVILLE
  • Latitude: 35.4958
  • Longitude: -77.9839

    Address

  • Full Address: 116 S Railroad St
  • Address - House Number: 116
  • Street Direction: S
  • Address - Street Name: Railroad
  • Address - Suffix Type: St
  • State: NC
  • City Name: Pikeville
  • Zip Code: 27863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,403

    Appraisal Valuation

  • Standard Deviation: 0.4715
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 5
  • Final Value: 216,257
  • High Value: 318,229
  • Low Value: 114,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,950
  • First Open Lien Mortgage Lender: KS BANK INC
  • First Open Lien Mortgage Recording Date: Jul 24, 2006
  • First Open Lien Mortgage Loan Amount: $73,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $97,930
  • Market Land Value: $10,690
  • Market Improvement Value: $87,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,930
  • Assessed Land Value: $10,690
  • Assessed Improvements Value: $87,240

    Sales

  • Current Sale Contract Date: Jul 19, 2006
  • Current Sale Recording Date: Jul 24, 2006
  • Current Sale Transaction ID: 1134818502
  • Current Sale Price: $61,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 02442_00678
  • Previous Sale Recording Date: Oct 06, 2005
  • Previous Sale Contract Date: Oct 04, 2005
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: KS BANK INC
  • First Mortgage Transaction Date: Jul 24, 2006
  • First Mortgage Loan Amount: $73,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

About Pikeville



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Frequently Asked Questions

What neighborhood is 116 Southwest Railroad Street located in?
The 116 Southwest Railroad Street is a located in the neighborhood of Wayne in Pikeville, Pikeville.
What is the average sales price for listings in 116 Southwest Railroad Street?
The average sales price for units in 116 Southwest Railroad Street is $0 currently.

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