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186 Oak Tree Road

186 Oak Tree Road, Mooresville, NC 28117
Sold Jul 17, 2020
$440,000
$386,000 by Northpointe Bank
Mortgage Due Aug 01, 2050
Sold Aug 15, 2002
$180,000
$160,000 by Southstar Funding Llc
Mortgage Due Sep 01, 2032
186 Oak Tree Road has been categorized by the local assessors in Mooresville, NC as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 186 Oak Tree Road has 4,124 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 49,223 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 868 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 186 Oak Tree Road sold most recently in Jul 16, 2020 for a total of $440,000. If you work out the math, that's approximately a cost of $106.69 per sqft. Before that, the property was also sold for $180,000 in Aug 8, 2002. 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 $2,943 in taxes each year. 186 Oak Tree Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $488,700. If we break it down further, the land itself was valued at $82,500. Improvements to the property, however, were assessed at a total of $406,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Brick Exterior
Hardboard Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1994
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 1,674
  • Garage Type: Garage
  • Garage Square Area: 868
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 49,223
  • Lot Size Frontage Feet: 2,360
  • Total Building Area: 4,124
  • Gross Building Area: 5,952
  • Building Area: 4,124
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 4,124
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBORCREST
  • Land Acres: 1.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L21 HARBORCREST PH 2 PB 25-152

Ownership

  • Current Owner : WU FENG LING
  • Current Owner 2: LANDRETH CAMERON ENGLISH
  • Previous Owner : LIGHT JAIME
  • Previous Owner 2: LIGHT ALICE
  • Owner Before Previous Owner: SHELEY SHANE S
  • Owner Before Previous Owner 2: SHELEY JACQUELINE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR04
  • School Tax District Code 3: SW
  • Census Tract: 061402

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MAP:4637
  • Account Number: 80073432
  • District: 17
  • Parcel: 4637-70-1807.000
  • Block: 70
  • Lot: 21
  • Municipality: DAVIDSON
  • Latitude: 35.5786
  • Longitude: -80.8931

    Address

  • Full Address: 186 Oak Tree Rd
  • Address - House Number: 186
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R023
  • 4-Digit Zip Code: 5914
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,943
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 689,032
  • High Value: 814,763
  • Low Value: 563,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,000
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $386,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $488,700
  • Market Land Value: $82,500
  • Market Improvement Value: $406,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,700
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $406,200

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11773150420
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 15, 2002
  • Previous Sale Contract Date: Aug 08, 2002
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $386,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHSTAR FUNDING LLC
  • Previous Mortgage Transaction Date: Aug 15, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Morrison Cove



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Frequently Asked Questions

What neighborhood is 186 Oak Tree Road located in?
The 186 Oak Tree Road is a house located in the neighborhood of Morrison Cove in Morrison Cove, Mooresville.
What is the average sales price for listings in 186 Oak Tree Road?
The average sales price for units in 186 Oak Tree Road is $449,000 , or $96/sqft. currently.

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