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240 Commodore Loop

240 Commodore Loop, Mooresville, NC 28117
Property in Iredell
Sold Apr 27, 2017
$170,000
$92,700 by Truist Bank
Mortgage
Sold Sep 26, 2001
$98,000
$78,400 by Hsbc Mtg Corp Usa
Mortgage Due Oct 01, 2031
240 Commodore Loop has been categorized by the local assessors in Mooresville, NC as a residential type of property. The building on the property was first built in 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 240 Commodore Loop has 1,312 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,610 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood 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 central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 240 Commodore Loop was last sold in Apr 27, 2017 for $170,000. According to our calculations, that's $129.57 per sqft. Prior to that sales transaction, the property was sold for $98,000 in Sep 26, 2001. Current property owners are expected to pay $1,635 in taxes per year. The property on 240 Commodore Loop was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $267,020. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $202,020. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1983
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,312
  • Gross Building Area: 1,872
  • Building Area: 1,312
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,312
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COMMODORE PENNINSULA
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L174 COMMODORE PENN PB 7-3-3A

Ownership

  • Current Owner : FARELLO EMILY M
  • Current Owner 2: KLEIMANN DANIEL B
  • Previous Owner : NABORS JESSICA
  • Previous Owner 2: CREMASCO JESSICA
  • Owner Before Previous Owner: MCMILLAN ZACHARY L
  • Owner Before Previous Owner 2: MCMILLAN PAULA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR04
  • School Tax District Code 3: SW
  • Census Tract: 061405

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP:4635
  • Account Number: 80044043
  • District: 17
  • Parcel: 4635-79-4780.000
  • Block: 79
  • Lot: 174
  • Municipality: DAVIDSON
  • Latitude: 35.5479
  • Longitude: -80.8912

    Address

  • Full Address: 240 Commodore Loop
  • Address - House Number: 240
  • Address - Street Name: Commodore
  • Address - Suffix Type: Loop
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R014
  • 4-Digit Zip Code: 7416
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,635
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 66
  • Final Value: 383,169
  • High Value: 475,186
  • Low Value: 291,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,700
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Loan Amount: $92,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $267,020
  • Market Land Value: $65,000
  • Market Improvement Value: $202,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,020
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $202,020

    Sales

  • Current Sale Contract Date: Apr 27, 2017
  • Current Sale Recording Date: Apr 27, 2017
  • Current Sale Transaction ID: 1811342493
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 26, 2001
  • Previous Sale Contract Date: Sep 26, 2001
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Apr 27, 2017
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MTG CORP USA
  • Previous Mortgage Transaction Date: Sep 26, 2001
  • Previous Mortgage Loan Amount: $78,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Iredell



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Frequently Asked Questions

What neighborhood is 240 Commodore Loop located in?
The 240 Commodore Loop is a located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 240 Commodore Loop?
The average sales price for units in 240 Commodore Loop is $0 currently.

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