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1380 Malcolm Boulevard

1380 Malcolm Boulevard, Connellys Springs, NC 28612
Property in Burke
Sold Oct 19, 2020
$90,000
$122,010 by Atlantic Bay Mortgage Group Ll
Mortgage Due Nov 01, 2050
Local assessors in Connellys Springs, NC have categorized 1380 Malcolm Boulevard as a residential type of property. The home was built in 1947 and is 77 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 55,321 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 1380 Malcolm Boulevard has a total of 1,624 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 municipal 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 1,064 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 asphalt. Lots of asbestos shingle were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1380 Malcolm Boulevard was last sold in Sep 10, 2020 for $90,000. According to our calculations, that's $55.42 per sqft. Current property owners are expected to pay $1,416 in taxes per year. The property on 1380 Malcolm Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $199,676. To break that down further, the land itself was valued at $27,991. While improvements to the property were assessed at a total of $171,685. 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: 1947
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 588
  • Garage Type: Attached
  • Garage Square Area: 1,064
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1380 MALCOLM BLVD CONNELLY SPRINGS, NC 28612

Ownership

  • Current Owner : BASSETT MICHAEL
  • Current Owner 2: DAWKINS KIMBERLY
  • Previous Owner : SCHAAP LAURA P

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: LOVELADY FD TAX
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 020901

Zoning

  • Zoning: R-20 RESID

Geography

  • District: 103
  • Parcel: 12725
  • Municipality: LOVELADY
  • Latitude: 35.7643
  • Longitude: -81.525

    Address

  • Full Address: 1380 Malcolm Blvd
  • Address - House Number: 1380
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Connelly Springs
  • Carrier Code: R096
  • 4-Digit Zip Code: 7926
  • Zip Code: 28612

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,416
  • Tax Rate Code Area: 3013

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 53
  • Final Value: 231,641
  • High Value: 304,778
  • Low Value: 158,503

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $172,010
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $122,010
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 08, 2024
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 08, 2054

    Market Valuation

  • Market Total Value: $199,676
  • Market Land Value: $27,991
  • Market Improvement Value: $171,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,676
  • Assessed Land Value: $27,991
  • Assessed Improvements Value: $171,685

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11794350103
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017045964

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $122,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

About Rutherford College



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Frequently Asked Questions

What neighborhood is 1380 Malcolm Boulevard located in?
The 1380 Malcolm Boulevard is a located in the neighborhood of Burke in Rutherford College, Connellys Springs.
What is the average sales price for listings in 1380 Malcolm Boulevard?
The average sales price for units in 1380 Malcolm Boulevard is $0 currently.

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