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1581 South Oak Drive

1581 South Oak Drive, Shelby, NC 28150
Property in Cleveland
Sold Oct 23, 2017
$120,000
$121,212 by Certainty Home Loans, Llc
Mortgage Due Nov 01, 2047
Sold Mar 29, 2011
$89,000
$92,227 by First Mortgage Corp
Mortgage Due Apr 01, 2041
1581 South Oak Drive in Shelby, NC was first built in 2008 and is 16 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. It is a single story home. 1581 South Oak Drive has 1,188 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 24,000 square feet.

Learn more about the property and building on this page. There is a covered porch. For those who need parking, there is a garage. The garage is 576 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heat pump. 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, 1581 South Oak Drive sold most recently in Oct 23, 2017 for a total of $120,000. If you work out the math, that's approximately a cost of $101.01 per sqft. Before that, the property was also sold for $89,000 in Mar 4, 2011. 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 $1,133 in taxes each year. 1581 South Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $132,648. If we break it down further, the land itself was valued at $16,385. Improvements to the property, however, were assessed at a total of $116,263. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2008
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 24,000
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARLWD PK
  • Land Acres: 0.551
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 127-130 PB8-47 MARLWD

Ownership

  • Current Owner : DORSEY RANDY
  • Current Owner 2: DORSEY ANGELA MICHELLE
  • Previous Owner : A 1 PROPERTIES MANAGEMENT LLC
  • Owner Before Previous Owner: BYRD GEORGE VERNON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: COUNTY SCH DIST
  • Census Tract: 950800

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 6-32
  • Account Number: 1317411
  • District: 6
  • Parcel: 24778
  • Block: 3
  • Lot: 127-130
  • Municipality: SHELBY
  • Latitude: 35.3256
  • Longitude: -81.5072

    Address

  • Full Address: 1581 S Oak Dr
  • Address - House Number: 1581
  • Street Direction: S
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Shelby
  • Carrier Code: R014
  • 4-Digit Zip Code: 3208
  • Zip Code: 28150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,133
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 185,807
  • High Value: 217,174
  • Low Value: 154,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,212
  • First Open Lien Mortgage Lender: CERTAINTY HOME LOANS, LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2017
  • First Open Lien Mortgage Loan Amount: $121,212
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $132,648
  • Market Land Value: $16,385
  • Market Improvement Value: $116,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,648
  • Assessed Land Value: $16,385
  • Assessed Improvements Value: $116,263

    Sales

  • Current Sale Contract Date: Oct 23, 2017
  • Current Sale Recording Date: Oct 23, 2017
  • Current Sale Transaction ID: 1397596943
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-006192
  • Previous Sale Recording Date: Mar 29, 2011
  • Previous Sale Contract Date: Mar 04, 2011
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAINTY HOME LOANS, LLC
  • First Mortgage Transaction Date: Oct 23, 2017
  • First Mortgage Loan Amount: $121,212
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 29, 2011
  • Previous Mortgage Loan Amount: $92,227
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Cleveland



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Frequently Asked Questions

What neighborhood is 1581 South Oak Drive located in?
The 1581 South Oak Drive is a located in the neighborhood of Cleveland in Cleveland, Shelby.
What is the average sales price for listings in 1581 South Oak Drive?
The average sales price for units in 1581 South Oak Drive is $0 currently.

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