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220 Falling Ridge Lane

220 Falling Ridge Lane, Belmont, NC 28012
Property in Gaston
Sold Apr 30, 2020
$182,000
$176,540 by Northpointe Bank
Mortgage Due May 01, 2050
Sold Sep 13, 2010
$129,000
$103,096 by Standard Pacific Mortgage Inc
Mortgage Due Oct 01, 2040
Local assessors in Belmont, NC have categorized 220 Falling Ridge Lane as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 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 2 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 220 Falling Ridge Lane has a total of 1,110 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. 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 - B-. 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 air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 220 Falling Ridge Lane sold most recently in Apr 30, 2020 for a total of $182,000. If you work out the math, that's approximately a cost of $163.96 per sqft. Before that, the property was also sold for $129,000 in Sep 10, 2010. 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 $2,435 in taxes each year. 220 Falling Ridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $239,920. If we break it down further, the land itself was valued at $38,000. Improvements to the property, however, were assessed at a total of $201,920. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2010
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Building Style: Townhouse
  • 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: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERS EDGE
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WATERS EDGE BLDG 41 L 149 15 022 005 05 000

Ownership

  • Current Owner : SIGMON PAIGE NICOLE
  • Previous Owner : SAWYER GLENN C
  • Previous Owner 2: SAWYER JANICE M
  • Owner Before Previous Owner: STANDARD PACIFIC OF THE CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: MOUNT HOLLY CIT
  • Census Tract: 031203

Geography

  • Assessors Map Reference: MP 75 PG 85
  • District: MOUNT HOLLY
  • Parcel: 213988
  • Municipality: MOUNT HOLLY CITY
  • Latitude: 35.2657
  • Longitude: -81.0194

    Address

  • Full Address: 220 Falling Rdg
  • Address - House Number: 220
  • Address - Street Name: Falling
  • Address - Suffix Type: Rdg
  • State: NC
  • City Name: Belmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 3065
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,435

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 67
  • Final Value: 286,047
  • High Value: 352,638
  • Low Value: 219,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,540
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Loan Amount: $176,540
  • 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, 2050

    Market Valuation

  • Market Total Value: $147,290
  • Market Land Value: $32,500
  • Market Improvement Value: $114,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,920
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $201,920

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11762521361
  • Current Sale Price: $182,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 13, 2010
  • Previous Sale Contract Date: Sep 10, 2010
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Apr 30, 2020
  • First Mortgage Loan Amount: $176,540
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD PACIFIC MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 13, 2010
  • Previous Mortgage Loan Amount: $103,096
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2040

About Mount Holly



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Frequently Asked Questions

What neighborhood is 220 Falling Ridge Lane located in?
The 220 Falling Ridge Lane is a located in the neighborhood of Gaston in Mount Holly, Belmont.
What is the average sales price for listings in 220 Falling Ridge Lane?
The average sales price for units in 220 Falling Ridge Lane is $0 currently.

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