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1437 Newfound Road

1437 Newfound Road, Leicester, NC 28748
Property in Buncombe
Sold Apr 30, 2021
$120,000
$113,905 by Champion Cu
Mortgage Due May 01, 2036
Sold Sep 04, 2020
$86,274
1437 Newfound Road has been categorized by the local assessors in Leicester, NC as a residential type of property. The building on the property was first built in 1970 and is 54 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1437 Newfound Road has 720 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 16,988 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of wood. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Apr 22, 2021 for $120,000. That's $166.67 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 2020 for $86,274. 1437 Newfound Road was last assessed in 2023. The total value of the property was assessed at $65,100. Specifically, the land the property is located on was valued at $26,300. While improvements on the property were assessed at a total of $38,800. 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 $409. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 720
  • Gross Building Area: 1,192
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WAYNE MEHAFFEY
  • Land Acres: 0.39
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SUBDIV: WAYNE MEHAFFEY LOT: TRACT 4 PLAT: 0092-0006

Ownership

  • Current Owner : HENRY JORDAN CHARLES
  • Previous Owner : VANDERBILT MORTGAGE AND FINANCE INC
  • Owner Before Previous Owner: BANKS JULIA MEHAFFEY
  • Owner Before Previous Owner 2: BANKS ROY LEWIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FLE
  • Census Tract: 002603

Zoning

  • Zoning: OU

Geography

  • Assessors Map Reference: 8689-40
  • Account Number: 662675-2020-202
  • District: 17
  • Subdivision Tract Number: 4
  • Parcel: 8689-40-7440-00000
  • Lot: TRACT
  • Municipality: LEICESTER
  • Latitude: 35.5891
  • Longitude: -82.7521

    Address

  • Full Address: 1437 Newfound Rd
  • Address - House Number: 1437
  • Address - Street Name: Newfound
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Leicester
  • Carrier Code: R004
  • 4-Digit Zip Code: 7618
  • Zip Code: 28748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 143,069
  • High Value: 175,950
  • Low Value: 110,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,905
  • First Open Lien Mortgage Lender: CHAMPION CU
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Loan Amount: $113,905
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $65,100
  • Market Land Value: $26,300
  • Market Improvement Value: $38,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,100
  • Assessed Land Value: $26,300
  • Assessed Improvements Value: $38,800

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11833685720
  • Current Sale Price: $120,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Sep 04, 2020
  • Previous Sale Amount: $86,274
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CHAMPION CU
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $113,905
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

About Buncombe



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Frequently Asked Questions

What neighborhood is 1437 Newfound Road located in?
The 1437 Newfound Road is a located in the neighborhood of Buncombe in Buncombe, Leicester.
What is the average sales price for listings in 1437 Newfound Road?
The average sales price for units in 1437 Newfound Road is $0 currently.

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