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129 Hobbs Lane

129 Hobbs Lane, Mooresville, NC 28115
Property in Iredell
Sold Jul 21, 1998
$18,000
$148,500 by Branch Banking And Trust Co
Mortgage Due Mar 01, 2043
Sold Jun 01, 1973
Transfer
129 Hobbs 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 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 2 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, 129 Hobbs Lane has 1,318 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 7,350 ft and across the front of the lot is 1,360 ft. The area measurement of the land has been determined as 109,336 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 616 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 asphalt. The exterior walls of the building are made of brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 20, 1998 for $18,000. That's $13.66 per sqft. 129 Hobbs Lane was last assessed in 2023. The total value of the property was assessed at $402,690. Specifically, the land the property is located on was valued at $145,580. While improvements on the property were assessed at a total of $257,110. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,436. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2001
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 109,336
  • Lot Size Depth Feet: 7,350
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 1,318
  • Gross Building Area: 2,840
  • Building Area: 1,318
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,318
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNT MOURNE
  • Land Acres: 2.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1 RECOMB WEEKS&TOBIN-PB-44-121 REV

Ownership

  • Current Owner : TOBIN RICHARD J
  • Previous Owner : HOBBS WILLIS JONES

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR03
  • School Tax District Code 3: SW
  • Census Tract: 061407

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: MAP:4655
  • Account Number: 80005784
  • District: 17
  • Parcel: 4655-16-3351.000
  • Block: 16
  • Lot: 1
  • Municipality: DAVIDSON
  • Latitude: 35.539
  • Longitude: -80.845

    Address

  • Full Address: 129 Hobbs Ln
  • Address - House Number: 129
  • Address - Street Name: Hobbs
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R019
  • 4-Digit Zip Code: 8581
  • Zip Code: 28115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,436
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 77
  • Final Value: 439,716
  • High Value: 516,352
  • Low Value: 363,081

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $290,750
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Feb 08, 2013
  • First Open Lien Mortgage Loan Amount: $148,500
  • 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: Mar 01, 2043
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Nov 13, 2017
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $142,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $402,690
  • Market Land Value: $145,580
  • Market Improvement Value: $257,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,690
  • Assessed Land Value: $145,580
  • Assessed Improvements Value: $257,110

    Sales

  • Current Sale Contract Date: Jul 20, 1998
  • Current Sale Recording Date: Jul 21, 1998
  • Current Sale Transaction ID: 1127791432
  • Current Sale Price: $18,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 002067
  • Previous Sale Recording Date: Jun 01, 1973
  • Previous Sale Contract Date: Jun 01, 1973
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSBANK NA
  • First Mortgage Transaction Date: Jul 21, 1998
  • First Mortgage Loan Amount: $15,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Aug 03, 2013

About Iredell



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Frequently Asked Questions

What neighborhood is 129 Hobbs Lane located in?
The 129 Hobbs Lane is a located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 129 Hobbs Lane?
The average sales price for units in 129 Hobbs Lane is $0 currently.

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