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228 Ferris Avenue

228 Ferris Avenue, Rockwell, NC 28138
Sold Jul 23, 2012
$127,000
$122,000 by Farmers & Merchants Bank
Mortgage Due Aug 01, 2042
Sold Sep 28, 2006
$107,000
$107,000 by Equifirst Corp
Mortgage Due Oct 01, 2036
228 Ferris Avenue in Rockwell, NC was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 228 Ferris Avenue has 1,144 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. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,300. In total, the area measurement of the land is 36,155 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 720 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. 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, 228 Ferris Avenue sold most recently in Jul 18, 2012 for a total of $127,000. If you work out the math, that's approximately a cost of $111.01 per sqft. Before that, the property was also sold for $107,000 in Sep 27, 2006. 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 $1,723 in taxes each year. 228 Ferris Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,698. If we break it down further, the land itself was valued at $44,800. Improvements to the property, however, were assessed at a total of $120,898. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 1987
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCKWELL HEIGHTS
  • Land Acres: 0.83
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L83-86 & PTL75-79 .83AC

Ownership

  • Current Owner : GULLETT JOHN M
  • Current Owner 2: GULLETT SHANNON D
  • Previous Owner : BARRINGER TONY D
  • Previous Owner 2: BARRINGER TERESA C
  • Owner Before Previous Owner: TREXLER CLETUS A
  • Owner Before Previous Owner 2: TREXLER HELEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: TOWN OF ROCKWEL
  • Census Tract: 051001

Zoning

  • Zoning: R1:SINGLE

Geography

  • District: 4
  • Parcel: 371A018
  • Municipality: TOWN OF ROCKWELL
  • Latitude: 35.5448
  • Longitude: -80.3968

    Address

  • Full Address: 228 Ferris Ave
  • Address - House Number: 228
  • Address - Street Name: Ferris
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Rockwell
  • Carrier Code: R004
  • 4-Digit Zip Code: 9062
  • Zip Code: 28138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,723
  • Tax Rate Code Area: 109:ROCKWE

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 357,696
  • High Value: 484,360
  • Low Value: 231,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,000
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Jul 23, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $122,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042

    Market Valuation

  • Market Total Value: $165,698
  • Market Land Value: $44,800
  • Market Improvement Value: $120,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,698
  • Assessed Land Value: $44,800
  • Assessed Improvements Value: $120,898

    Sales

  • Current Sale Contract Date: Jul 18, 2012
  • Current Sale Recording Date: Jul 23, 2012
  • Current Sale Transaction ID: 1071361813
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Contract Date: Sep 27, 2006
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Mortgage Transaction Date: Jul 23, 2012
  • First Mortgage Loan Amount: $122,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EQUIFIRST CORP
  • Previous Mortgage Transaction Date: Sep 28, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $107,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Rockwell Heights East



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Frequently Asked Questions

What neighborhood is 228 Ferris Avenue located in?
The 228 Ferris Avenue is a located in the neighborhood of Rockwell Heights East in Rockwell Heights East, Rockwell.
What is the average sales price for listings in 228 Ferris Avenue?
The average sales price for units in 228 Ferris Avenue is $0 currently.

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