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1951 5th Street Lane Northwest

1951 5th Street Lane Northwest, Hickory, NC 28601
Property in Catawba
Sold Oct 01, 2021
$520,000
$468,000 by Watermark Capital Inc
Mortgage Due Oct 01, 2051
Sold Mar 13, 2015
$262,500
$210,000 by Primelending
Mortgage Due Apr 01, 2045
1951 5th Street Lane Northwest has been categorized by the local assessors in Hickory, NC as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1951 5th Street Lane Northwest has 3,814 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,620 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 17,424 square feet.

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 attached garage for those who require parking. The garage measured 600 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Sep 26, 2021 for $520,000. That's $136.34 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2015 for $262,500. 1951 5th Street Lane Northwest was last assessed in 2023. The total value of the property was assessed at $372,800. Specifically, the land the property is located on was valued at $52,100. While improvements on the property were assessed at a total of $320,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,455. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B+
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,814
  • Building Area: 3,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,814
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAUREL FOREST
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 1 PLAT 21-72

Ownership

  • Current Owner : GRAMBOW SCOTT P
  • Current Owner 2: GRAMBOW CHERYL A
  • Previous Owner : SCHWANDT DANIEL R
  • Previous Owner 2: SCHWANDT EMILY K
  • Owner Before Previous Owner: BLACK DIANE SHULL
  • Owner Before Previous Owner 2: BLACK REBECCA DIANE SHULL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hickory City Schools
  • School Tax School District: HICKORY
  • Census Tract: 010501

Zoning

  • Zoning: R-2

Geography

  • Parcel: 3703-05-29-0691
  • Lot: 1
  • Municipality: HICKORY
  • Latitude: 35.7595
  • Longitude: -81.3526

    Address

  • Full Address: 1951 5th Street Ln Nw
  • Address - House Number: 1951
  • Street Segment Direction: NW
  • Address - Street Name: 5th Street
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Hickory
  • Carrier Code: C024
  • 4-Digit Zip Code: 1801
  • Zip Code: 28601

Valuation

    Tax

  • Total Area: 1,515
  • Tax Year: 2023
  • Tax Amount: $4,455
  • Tax Rate Code Area: HICKORY

    Appraisal Valuation

  • Standard Deviation: 0.1016
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 90
  • Final Value: 515,207
  • High Value: 567,556
  • Low Value: 462,858

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $518,000
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $468,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: THIRD FEDERAL SAVINGS AND LOAN
  • Second Open Lien Mortgage Recording Date: Jun 02, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $372,800
  • Market Land Value: $52,100
  • Market Improvement Value: $320,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,800
  • Assessed Land Value: $52,100
  • Assessed Improvements Value: $320,700

    Sales

  • Current Sale Contract Date: Sep 26, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11880903315
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24109
  • Previous Sale Recording Date: Mar 13, 2015
  • Previous Sale Contract Date: Mar 13, 2015
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMARK CAPITAL INC
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 13, 2015
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2045

About Hickory



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1951 5th Street Lane Northwest located in?
The 1951 5th Street Lane Northwest is a located in the neighborhood of Catawba in Hickory, Hickory.
What is the average sales price for listings in 1951 5th Street Lane Northwest?
The average sales price for units in 1951 5th Street Lane Northwest is $0 currently.

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