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131 Oakspring Lane

131 Oakspring Lane, High Point, NC 27263
Property in Randolph
Sold Feb 05, 2020
$123,000
$125,000 by State Employees Cu
Mortgage Due Mar 01, 2050
Sold Sep 20, 2010
$113,640
Local assessors in High Point, NC have categorized 131 Oakspring Lane as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 14,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 131 Oakspring Lane has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a roof that is made of asbestos. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 131 Oakspring Lane sold most recently in Feb 5, 2020 for a total of $123,000. If you work out the math, that's approximately a cost of $116.48 per sqft. Before that, the property was also sold for $113,640 in Sep 14, 2010. 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 $1,517 in taxes each year. 131 Oakspring Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,190. If we break it down further, the land itself was valued at $57,760. Improvements to the property, however, were assessed at a total of $89,430. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: R1912;N DEEDED ACCESS

Ownership

  • Current Owner : CERVANTES MATTHEW
  • Current Owner 2: CERVANTES KIRSTEN
  • Previous Owner : BMRS PROPERTIES LLC
  • Owner Before Previous Owner: DOWDY AMIE E
  • Owner Before Previous Owner 2: DOWDY ERIC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Randolph County Schools
  • School Tax School District: TRINITY SCHOOL
  • School Tax District Code 2: GUILRAND
  • Census Tract: 031504

Zoning

  • Zoning: R15

Geography

  • District: 19
  • Parcel: 7718879857
  • Block: 87
  • Municipality: TRINITY
  • Latitude: 35.9112
  • Longitude: -79.9488

    Address

  • Full Address: 131 Oak Spring Ln
  • Address - House Number: 131
  • Address - Street Name: Oak Spring
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Archdale
  • Carrier Code: C055
  • 4-Digit Zip Code: 3165
  • Zip Code: 27263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,517

    Appraisal Valuation

  • Standard Deviation: 0.3781
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 24
  • Final Value: 226,630
  • High Value: 312,335
  • Low Value: 140,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Feb 05, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $125,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $147,190
  • Market Land Value: $57,760
  • Market Improvement Value: $89,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,190
  • Assessed Land Value: $57,760
  • Assessed Improvements Value: $89,430

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Transaction ID: 11723119767
  • Current Sale Price: $123,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20093053
  • Previous Sale Recording Date: Sep 20, 2010
  • Previous Sale Contract Date: Sep 14, 2010
  • Previous Sale Amount: $113,640
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Feb 05, 2020
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Archdale



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 131 Oakspring Lane located in?
The 131 Oakspring Lane is a located in the neighborhood of Randolph in Archdale, High Point.
What is the average sales price for listings in 131 Oakspring Lane?
The average sales price for units in 131 Oakspring Lane is $0 currently.

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