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228 Falling Ridge Lane

228 Falling Ridge Lane, Belmont, NC 28012
Property in Gaston
Sold May 31, 2016
$154,000
$158,251 by Movement Mortgage
Mortgage Due Jun 01, 2046
Sold Oct 18, 2010
$148,500
$153,756 by Standard Pacific Mortgage Inc
Mortgage Due Nov 01, 2040
228 Falling Ridge Lane has been categorized by the local assessors in Belmont, NC as a residential type of property. The building on the property was first built in 2010 and is 14 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 228 Falling Ridge Lane has 1,373 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 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in May 31, 2016 for $154,000. That's $112.16 per sqft. Prior to that sales transaction, the property was also sold in Oct 15, 2010 for $148,500. 228 Falling Ridge Lane was last assessed in 2023. The total value of the property was assessed at $281,940. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $243,940. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $2,862. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2010
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 1,307
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,373
  • Building Area: 1,373
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,373
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WATERS EDGE BLDG 41 L 151 15 022 005 05 000

Ownership

  • Current Owner : TODD MICHAEL A
  • Previous Owner : BEAL GREGORY WILLIAM
  • Previous Owner 2: CHAN JOYCE YUEN KWON
  • 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: 213990
  • Municipality: MOUNT HOLLY CITY
  • Latitude: 35.2658
  • Longitude: -81.0194

    Address

  • Full Address: 228 Falling Rdg
  • Address - House Number: 228
  • 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: $2,862

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 66
  • Final Value: 322,730
  • High Value: 399,531
  • Low Value: 245,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,251
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: May 31, 2016
  • First Open Lien Mortgage Loan Amount: $158,251
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $170,340
  • Market Land Value: $32,500
  • Market Improvement Value: $137,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,940
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $243,940

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1869952872
  • Current Sale Price: $154,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 18, 2010
  • Previous Sale Contract Date: Oct 15, 2010
  • Previous Sale Amount: $148,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: May 31, 2016
  • First Mortgage Loan Amount: $158,251
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD PACIFIC MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 18, 2010
  • Previous Mortgage Loan Amount: $153,756
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2040

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Frequently Asked Questions

What neighborhood is 228 Falling Ridge Lane located in?
The 228 Falling Ridge Lane is a located in the neighborhood of Gaston in Mount Holly, Belmont.
What is the average sales price for listings in 228 Falling Ridge Lane?
The average sales price for units in 228 Falling Ridge Lane is $0 currently.

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