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1600 Trotters Ridge

1600 Trotters Ridge, Stanfield, NC 28163
Sold Jan 03, 2020
$72,500
$205,000 by United Wholesale Mortgage Llc
Mortgage Due May 01, 2052
Local assessors in Stanfield, NC have categorized 1600 Trotters Ridge as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 17,424 square feet. 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1600 Trotters Ridge has a total of 1,915 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 400 sqft. 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 or hip style roof that was made of composition shingle. Lots of alum/vinyl siding 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 central heating system is the primary heating source and it is being fueled with gas. 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, 1600 Trotters Ridge sold most recently in Dec 20, 2019 for a total of $72,500. If you work out the math, that's approximately a cost of $37.86 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 $2,032 in taxes each year. 1600 Trotters Ridge was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,200. If we break it down further, the land itself was valued at $26,400. Improvements to the property, however, were assessed at a total of $172,800. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,915
  • Building Area: 1,915
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,915
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST CREEK ESTATES
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE 1600 TROTTERS RIDGE LOT 31 FOREST CREEK MAP 1 559400367

Ownership

  • Current Owner : FRANKLIN JASON H
  • Previous Owner : FRANKLIN SARA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 930902

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MP 17 PG 190
  • Account Number: 1527907
  • District: 121
  • Parcel: 559401266721
  • Lot: 31
  • Municipality: OAKBORO TOWNSHIP
  • Latitude: 35.2444
  • Longitude: -80.3642

    Address

  • Full Address: 1600 Trotters Ridge Rd
  • Address - House Number: 1600
  • Address - Street Name: Trotters Ridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Stanfield
  • Carrier Code: R008
  • 4-Digit Zip Code: 9310
  • Zip Code: 28163

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,032
  • Tax Rate Code Area: 510:510

    Appraisal Valuation

  • Standard Deviation: 0.3476
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 30
  • Final Value: 362,898
  • High Value: 489,056
  • Low Value: 236,739

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $199,200
  • Market Land Value: $26,400
  • Market Improvement Value: $172,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,200
  • Assessed Land Value: $26,400
  • Assessed Improvements Value: $172,800

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11762023135
  • Current Sale Price: $72,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 416136

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $148,061
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2040

About Forest Creek Estates



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Frequently Asked Questions

What neighborhood is 1600 Trotters Ridge located in?
The 1600 Trotters Ridge is a located in the neighborhood of Forest Creek Estates in Forest Creek Estates, Stanfield.
What is the average sales price for listings in 1600 Trotters Ridge?
The average sales price for units in 1600 Trotters Ridge is $0 currently.

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