Sold Aug 14, 2019
$325,000
Seller
$487,341
by Reverse Mortgage Funding Llc
Mortgage
1422 Somersby Circle has been categorized by the local assessors in Gastonia, NC as a residential type of property.
The building on the property was first built in 2019 and is 5 years old.
The home has a total of 2 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
In addition, 1422 Somersby Circle has 1,692 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 5,663 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 property was last sold in Aug 8, 2019 for $325,000. That's $192.08 per sqft. 1422 Somersby Circle was last assessed in 2023. The total value of the property was assessed at $393,410. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $333,410. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,249. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 property was last sold in Aug 8, 2019 for $325,000. That's $192.08 per sqft. 1422 Somersby Circle was last assessed in 2023. The total value of the property was assessed at $393,410. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $333,410. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,249. 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.
1422 Somersby Circle, Gastonia, NC 28054
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