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187 Lake Mist Drive

187 Lake Mist Drive, Belmont, NC 28012
Property in Gaston
Sold Sep 28, 1998
$125,000
$100,000 by Cherryville Fsla
Mortgage Due Oct 01, 2028
187 Lake Mist Drive has been categorized by the local assessors in Belmont, NC as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 187 Lake Mist Drive has 1,617 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 21,780 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. 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 or hip style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 187 Lake Mist Drive sold most recently in Sep 28, 1998 for a total of $125,000. If you work out the math, that's approximately a cost of $77.30 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 $3,985 in taxes each year. 187 Lake Mist Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $573,410. If we break it down further, the land itself was valued at $267,090. Improvements to the property, however, were assessed at a total of $306,320. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 1974
  • Effective Year Built: 1974
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,617
  • Building Area: 1,617
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LAKE WYLIE BLK 4 L 26 15 089 033 00 000

Ownership

  • Current Owner : SUMMERFORD LOUYN E
  • Current Owner 2: SUMMERFORD GLORIA R
  • Previous Owner : HOOVER JOSEPH G
  • Previous Owner 2: HOOVER DONALD

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: SOUTH POINT FD
  • Census Tract: 032406

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 34 PG 4
  • Account Number: 3998852
  • District: SOUTH POINT
  • Parcel: 192205
  • Block: 4
  • Municipality: SOUTH POINT FD
  • Latitude: 35.181
  • Longitude: -81.0319

    Address

  • Full Address: 187 Lake Mist Dr
  • Address - House Number: 187
  • Address - Street Name: Lake Mist
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Belmont
  • Carrier Code: R002
  • 4-Digit Zip Code: 8738
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,985

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 517,176
  • High Value: 640,722
  • Low Value: 393,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: CHERRYVILLE FSLA
  • First Open Lien Mortgage Recording Date: Sep 28, 1998
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2028

    Market Valuation

  • Market Total Value: $408,400
  • Market Land Value: $218,530
  • Market Improvement Value: $189,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $573,410
  • Assessed Land Value: $267,090
  • Assessed Improvements Value: $306,320

    Sales

  • Current Sale Contract Date: Sep 28, 1998
  • Current Sale Recording Date: Sep 28, 1998
  • Current Sale Transaction ID: 1197123691
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRYVILLE FSLA
  • First Mortgage Transaction Date: Sep 28, 1998
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2028

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 187 Lake Mist Drive located in?
The 187 Lake Mist Drive is a located in the neighborhood of Gaston in Gaston, Belmont.
What is the average sales price for listings in 187 Lake Mist Drive?
The average sales price for units in 187 Lake Mist Drive is $0 currently.

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