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214 North Melville Street

214 North Melville Street, Graham, NC 27253
Property in Alamance
Sold Aug 01, 2001
$104,500
$78,600 by Bank Of America Na
Mortgage Due Dec 01, 2050
214 North Melville Street has been categorized by the local assessors in Graham, NC as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 214 North Melville Street has 1,322 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 18,905 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The building has a gable style roof made of metal. The exterior walls of the building are made of stucco. 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. 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. 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, 214 North Melville Street sold most recently in Jul 30, 2001 for a total of $104,500. If you work out the math, that's approximately a cost of $79.05 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 $563 in taxes each year. 214 North Melville Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $86,624. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $71,624. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D+
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,905
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,322
  • Building Area: 1,322
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,322
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROBERT L MITCHELL & ELIZABETH
  • Land Acres: 0.434
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: N MELVILLE ST 151-616-59

Ownership

  • Current Owner : MCMASTER THOMAS B
  • Previous Owner : MITCHELL ROBERT L
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: GRAHAM
  • Census Tract: 021000

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: PM 8884
  • Account Number: 703979
  • Parcel: 146298
  • Municipality: GRAHAM
  • Latitude: 36.0717
  • Longitude: -79.3973

    Address

  • Full Address: 214 N Melville St
  • Address - House Number: 214
  • Street Direction: N
  • Address - Street Name: Melville
  • Address - Suffix Type: St
  • State: NC
  • City Name: Graham
  • Carrier Code: C003
  • 4-Digit Zip Code: 3016
  • Zip Code: 27253

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $563
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 65
  • Final Value: 185,705
  • High Value: 230,952
  • Low Value: 140,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,600
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $78,600
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $86,624
  • Market Land Value: $15,000
  • Market Improvement Value: $71,624

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,624
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $71,624

    Sales

  • Current Sale Contract Date: Jul 30, 2001
  • Current Sale Recording Date: Aug 01, 2001
  • Current Sale Transaction ID: 1140185066
  • Current Sale Price: $104,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Aug 01, 2001
  • First Mortgage Loan Amount: $99,275
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Variable

About Graham



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Frequently Asked Questions

What neighborhood is 214 North Melville Street located in?
The 214 North Melville Street is a located in the neighborhood of Alamance in Graham, Graham.
What is the average sales price for listings in 214 North Melville Street?
The average sales price for units in 214 North Melville Street is $0 currently.

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