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231 Barber Loop

231 Barber Loop, Mooresville, NC 28117
Property in Iredell
Sold Dec 16, 2021
$1,050,000
$2,000,000 by Citizens Bank Na
Mortgage Due Dec 01, 2052
Sold Jan 23, 2007
$268,879
This has been categorized as a residential property type. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. 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, 231 Barber Loop sold most recently in Dec 16, 2021 for a total of $1,050,000. Before that, the property was also sold for $268,879 in Jan 18, 2007. 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 $4,118 in taxes each year. 231 Barber Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $698,000. If we break it down further, the land itself was valued at $625,000. Improvements to the property, however, were assessed at a total of $73,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRAWLEY POINT
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L151 S-7 DUKE PB 14-70-82

Ownership

  • Current Owner : SHUGARMAN MICHAEL E
  • Current Owner 2: SHUGARMAN AIMEE S
  • Previous Owner : BERGQUIST HENRY ROY
  • Previous Owner 2: BERGQUIST NANCY
  • Owner Before Previous Owner: BERKEL PROPERTIES LLC

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR04
  • Census Tract: 061401

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: MAP:4626
  • Account Number: 80088366
  • District: 17
  • Parcel: 4626-10-4538.000
  • Block: 10
  • Lot: 151
  • Municipality: DAVIDSON
  • Latitude: 35.5495
  • Longitude: -80.9452

    Address

  • Full Address: 231 Barber Loop
  • Address - House Number: 231
  • Address - Street Name: Barber
  • Address - Suffix Type: Loop
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R028
  • 4-Digit Zip Code: 5901
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,118

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 1,006,859
  • High Value: 1,190,585
  • Low Value: 823,132

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $698,000
  • Market Land Value: $625,000
  • Market Improvement Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $698,000
  • Assessed Land Value: $625,000
  • Assessed Improvements Value: $73,000

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11874954775
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 23, 2007
  • Previous Sale Contract Date: Jan 18, 2007
  • Previous Sale Amount: $268,879
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUEHARBOR BANK
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Iredell



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Nearby Rentals

Unit for rent at 208 Poplar Grove Road, Mooresville, NC, 28117

$2,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,372 ft²
208 Poplar Grove Road, Mooresville, NC, 28117 Listing by Laura Chilcoat

Frequently Asked Questions

What neighborhood is 231 Barber Loop located in?
The 231 Barber Loop is a located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 231 Barber Loop?
The average sales price for units in 231 Barber Loop is $0 currently.

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