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15 Search Drive

15 Search Drive, Concord, NC 28025
Sold Dec 15, 2020
$258,000
$206,400 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2051
Sold Jul 30, 2018
Transfer
$172,975 by Quicken Loans Inc
Mortgage Due Aug 01, 2048
Local assessors in Concord, NC have categorized 15 Search Drive as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 34,282 square feet. The linear feet between the front and back of the lot was measured at 2,200 ft and the front of the lot was measured at 1,700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 15 Search Drive has a total of 2,150 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. Additional features on the property are as follows. There is a offsite garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 15 Search Drive sold most recently in Dec 15, 2020 for a total of $258,000. If you work out the math, that's approximately a cost of $120.00 per sqft. 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 $1,969 in taxes each year. 15 Search Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $237,250. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $204,250. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Wood Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 34,282
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 2,150
  • Gross Building Area: 2,498
  • Building Area: 2,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,150
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAR AWAY PLACE
  • Land Acres: 0.787
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 4 FAR AWAY PLACE II

Ownership

  • Current Owner : MCELROY MATTHEW
  • Current Owner 2: MCELROY BREEANNA
  • Previous Owner : SMITH THOMAS B
  • Previous Owner 2: SMITH SHEENA M
  • Owner Before Previous Owner: JOHNSON JOSHUA B
  • Owner Before Previous Owner 2: SMITH SHEENA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 041503

Zoning

  • Zoning: LDR

Geography

  • Account Number: 142738
  • District: 01
  • Parcel: 5528 91 5772
  • Lot: 4
  • Municipality: HARRISBURG
  • Latitude: 35.3382
  • Longitude: -80.5774

    Address

  • Full Address: 15 Search Dr
  • Address - House Number: 15
  • Address - Street Name: Search
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: R027
  • 4-Digit Zip Code: 8834
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,969
  • Tax Rate Code Area: FR04

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 75
  • Final Value: 458,938
  • High Value: 545,621
  • Low Value: 372,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,400
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $206,400
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $237,250
  • Market Land Value: $33,000
  • Market Improvement Value: $204,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $237,250
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $204,250

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11814288912
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2018
  • Previous Sale Contract Date: Jul 25, 2018
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $206,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jul 30, 2018
  • Previous Mortgage Loan Amount: $172,975
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Far Away Place



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Nearby Rentals

Unit for rent at 4168 Long Arrow Drive, Concord, NC, 28025

$2,095 /mo

  • 5 Beds
  • 3 Baths
4168 Long Arrow Drive, Concord, NC, 28025 Listing by Kamal Dawra

Frequently Asked Questions

What neighborhood is 15 Search Drive located in?
The 15 Search Drive is a house located in the neighborhood of Far Away Place in Far Away Place, Concord.
What is the average sales price for listings in 15 Search Drive?
The average sales price for units in 15 Search Drive is $0 currently.

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