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122 Faith And Hope Lane

122 Faith And Hope Lane, Statesville, NC 28677
Property in Iredell
Sold May 11, 2022
$170,000
$138,380 by Primelending
Mortgage Due Jun 01, 2052
Sold Nov 22, 2004
$106,000
$106,000 by Century 21 Mortgage
Mortgage Due Dec 01, 2034
122 Faith And Hope Lane has been categorized by the local assessors in Statesville, NC as a residential type of property. The building on the property was first built in 2002 and is 22 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 122 Faith And Hope Lane has 2,052 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 64,904 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 detached 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 C by the local assessor. The building has a gable style roof made of metal. 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 electricity. 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, 122 Faith And Hope Lane was last sold in May 11, 2022 for $170,000. According to our calculations, that's $82.85 per sqft. Prior to that sales transaction, the property was sold for $106,000 in Nov 18, 2004. Current property owners are expected to pay $1,652 in taxes per year. The property on 122 Faith And Hope Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $269,910. To break that down further, the land itself was valued at $30,250. While improvements to the property were assessed at a total of $239,660. 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. 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.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 64,904
  • Lot Size Frontage Feet: 2,100
  • Total Building Area: 2,052
  • Gross Building Area: 2,440
  • Building Area: 2,052
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAY CURRENT PROPERTY
  • Land Acres: 1.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L5-RAY CURRENT MAC CHERRY PB34/146-147 REV PB67-22

Ownership

  • Current Owner : WILLIAMS TIMOTHY L
  • Current Owner 2: WILLIAMS DESTINEY L
  • Previous Owner : STROUD JOSHUA D
  • Previous Owner 2: STROUD JESSICA
  • Owner Before Previous Owner: JP MORGAN CHASE BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

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: 061301

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MAP:4752
  • Account Number: 80092538
  • District: 13
  • Parcel: 4752-61-4907.000
  • Block: 61
  • Lot: 5
  • Municipality: CHAMBERSBURG
  • Latitude: 35.7197
  • Longitude: -80.8314

    Address

  • Full Address: 122 Faith And Hope Ln
  • Address - House Number: 122
  • Address - Street Name: Faith And Hope
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Statesville
  • Carrier Code: R023
  • 4-Digit Zip Code: 1761
  • Zip Code: 28677

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,652
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 263,282
  • High Value: 323,462
  • Low Value: 203,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,380
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $138,380
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $269,910
  • Market Land Value: $30,250
  • Market Improvement Value: $239,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,910
  • Assessed Land Value: $30,250
  • Assessed Improvements Value: $239,660

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887517023
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 22, 2004
  • Previous Sale Contract Date: Nov 18, 2004
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $138,380
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY 21 MORTGAGE
  • Previous Mortgage Transaction Date: Nov 22, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $106,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2034

About Iredell



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Frequently Asked Questions

What neighborhood is 122 Faith And Hope Lane located in?
The 122 Faith And Hope Lane is a located in the neighborhood of Iredell in Iredell, Statesville.
What is the average sales price for listings in 122 Faith And Hope Lane?
The average sales price for units in 122 Faith And Hope Lane is $0 currently.

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