Check Availability

220 Farmers Drive

220 Farmers Drive, Bear Creek, NC 27207
Property in Chatham
Sold Mar 06, 2018
$80,022
$80,000 by The First Bank & Trust Co
Mortgage
220 Farmers Drive in Bear Creek, NC was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 220 Farmers Drive has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 958,320 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 220 Farmers Drive was last sold in Jan 17, 2018 for $80,022. According to our calculations, that's $57.16 per sqft. Current property owners are expected to pay $971 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 220 Farmers Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,469. To break that down further, the land itself was valued at $75,750. While improvements to the property were assessed at a total of $34,719. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: D+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 958,320
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH WEST BEAR CREEK
  • Land Acres: 22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C8-64 AC 22

Ownership

  • Current Owner : DUNLAP BENJAMIN WILLIAM
  • Previous Owner : BROOKS VICKY F
  • Previous Owner 2: FARRAR ERNESTINE M

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: BONLEE FD
  • Census Tract: 020500

Zoning

  • Zoning: R-1

Geography

  • Account Number: 1022130
  • District: 3
  • Parcel: 0004295
  • Block: 59
  • Municipality: BEAR CREEK
  • Latitude: 35.6415
  • Longitude: -79.4853

    Address

  • Full Address: 220 Farmers Dr
  • Address - House Number: 220
  • Address - Street Name: Farmers
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Bear Creek
  • Zip Code: 27207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 103

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 250,807
  • High Value: 303,319
  • Low Value: 198,295

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: THE FIRST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 06, 2018
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $110,469
  • Market Land Value: $75,750
  • Market Improvement Value: $34,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,469
  • Assessed Land Value: $75,750
  • Assessed Improvements Value: $34,719

    Sales

  • Current Sale Contract Date: Jan 17, 2018
  • Current Sale Recording Date: Mar 06, 2018
  • Current Sale Transaction ID: 11432776259
  • Current Sale Price: $80,022
  • Current Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.
  • Current Sale Input Document Number: 02110

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 06, 2018
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Chatham



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 220 Farmers Drive located in?
The 220 Farmers Drive is a located in the neighborhood of Chatham in Chatham, Bear Creek.
What is the average sales price for listings in 220 Farmers Drive?
The average sales price for units in 220 Farmers Drive is $0 currently.

Quantcast