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225 Thompson Court

225 Thompson Court, Indian Trail, NC 28079
Property in Union
Sold Nov 29, 2021
$470,000
$225,000 by Movement Mortgage
Mortgage Due Dec 01, 2051
Sold Sep 02, 2016
$289,000
$231,200 by Direct Home Loans Llc
Mortgage Due Oct 01, 2026
225 Thompson Court has been categorized by the local assessors in Indian Trail, NC as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 3 rooms. 3 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, 225 Thompson Court has 2,276 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 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. 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 building has a gable style roof made of composition shingle. 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 225 Thompson Court sold most recently in Nov 29, 2021 for a total of $470,000. If you work out the math, that's approximately a cost of $206.50 per sqft. Before that, the property was also sold for $289,000 in Aug 31, 2016. 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 $2,662 in taxes each year. 225 Thompson Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $317,800. If we break it down further, the land itself was valued at $66,300. Improvements to the property, however, were assessed at a total of $251,500. 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: 2001
  • Effective Year Built: 2001
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,276
  • Gross Building Area: 2,738
  • Building Area: 2,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,276
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEY CREEK
  • Land Acres: 0.35
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #37 STONEY CREEK OPCG399

Ownership

  • Current Owner : SCHWARTZMEYER COLLEEN J
  • Current Owner 2: SCHWARTZMEYER MELVIN E
  • Previous Owner : COURTEMANCHE GARY E
  • Previous Owner 2: COURTEMANCHE JUDY B
  • Owner Before Previous Owner: MICHELCIC RICHARD
  • Owner Before Previous Owner 2: MICHELCIC SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020316

Zoning

  • Zoning: SF-1 INDIA

Geography

  • District: 7
  • Parcel: 07-090-586
  • Lot: 37
  • Municipality: VANCE TWP
  • Latitude: 35.056
  • Longitude: -80.6631

    Address

  • Full Address: 225 Thompson Ct
  • Address - House Number: 225
  • Address - Street Name: Thompson
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Indian Trail
  • Carrier Code: R046
  • 4-Digit Zip Code: 5299
  • Zip Code: 28079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,662
  • Tax Rate Code Area: 620

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 477,391
  • High Value: 548,894
  • Low Value: 405,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $317,800
  • Market Land Value: $66,300
  • Market Improvement Value: $251,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,800
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $251,500

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11873491057
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56133
  • Previous Sale Recording Date: Sep 02, 2016
  • Previous Sale Contract Date: Aug 31, 2016
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DIRECT HOME LOANS LLC
  • Previous Mortgage Transaction Date: Sep 02, 2016
  • Previous Mortgage Loan Amount: $231,200
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2026

About Indian Trail



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Frequently Asked Questions

What neighborhood is 225 Thompson Court located in?
The 225 Thompson Court is a located in the neighborhood of Union in Indian Trail, Indian Trail.
What is the average sales price for listings in 225 Thompson Court?
The average sales price for units in 225 Thompson Court is $0 currently.

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