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120 Wheaton Lane

120 Wheaton Lane, Mooresville, NC 28117
Property in Iredell
Sold Oct 28, 2021
$700,000
$607,500 by Movement Mortgage
Mortgage Due Nov 01, 2051
Sold Feb 26, 2016
$382,000
$305,244 by Peoples Bank
Mortgage Due Mar 01, 2046
120 Wheaton Lane has been categorized by the local assessors in Mooresville, NC as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 120 Wheaton Lane has 3,707 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 30,056 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. 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 style roof made of wood shake/ shingles. The exterior walls of the building are made of unknown. While the interior walls have been made of decorative/custom materials. 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 forced air unit 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, 120 Wheaton Lane sold most recently in Oct 28, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $188.83 per sqft. Before that, the property was also sold for $382,000 in Feb 26, 2016. 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 $4,288 in taxes each year. 120 Wheaton Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $716,680. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $616,680. 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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 3,707
  • Gross Building Area: 4,823
  • Building Area: 3,707
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,707
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCKRIDGE POINT
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L9-ROCKRIDGE POINT PB-60-73

Ownership

  • Current Owner : FROST TIMOTHY J
  • Current Owner 2: FOX STEPHANIE
  • Previous Owner : COMEAUX JEREMY M
  • Previous Owner 2: COMEAUX TIFFANY H
  • Owner Before Previous Owner: TRUE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR04
  • School Tax District Code 3: SW
  • Census Tract: 061406

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MAP:4636
  • Account Number: 80087155
  • District: 17
  • Parcel: 4636-22-3682.000
  • Block: 22
  • Lot: 9
  • Municipality: DAVIDSON
  • Latitude: 35.5557
  • Longitude: -80.9085

    Address

  • Full Address: 120 Wheaton Ln
  • Address - House Number: 120
  • Address - Street Name: Wheaton
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R038
  • 4-Digit Zip Code: 0013
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,288
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 843,192
  • High Value: 997,053
  • Low Value: 689,330

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $607,500
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $607,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $716,680
  • Market Land Value: $100,000
  • Market Improvement Value: $616,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $716,680
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $616,680

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11861995339
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $382,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $607,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: Feb 26, 2016
  • Previous Mortgage Loan Amount: $305,244
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Iredell



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Frequently Asked Questions

What neighborhood is 120 Wheaton Lane located in?
The 120 Wheaton Lane is a located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 120 Wheaton Lane?
The average sales price for units in 120 Wheaton Lane is $0 currently.

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