Check Availability

2409 Lake Street

2409 Lake Street, Lincolnton, NC 28092
Property in Lincoln
Sold Mar 09, 2016
$125,000
$125,000 by Martha L Story
Mortgage
2409 Lake Street has been categorized by the local assessors in Lincolnton, NC as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 7 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, 2409 Lake Street has 1,820 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 21,257 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. 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 frame control joints. 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 exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 2409 Lake Street sold most recently in Mar 8, 2016 for a total of $125,000. If you work out the math, that's approximately a cost of $68.68 per sqft. 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 $1,562 in taxes each year. 2409 Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $231,105. If we break it down further, the land itself was valued at $29,000. Improvements to the property, however, were assessed at a total of $202,105. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,257
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.488
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2409 LAKE ST

Ownership

  • Current Owner : SAUNDERS LARRY DOUGLAS
  • Current Owner 2: SAUNDERS SHARON KAYE
  • Previous Owner : STORY MARTHA L

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: BOGER CITY
  • Census Tract: 070300

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: 3643-10
  • Account Number: 154622
  • District: 004
  • Parcel: 52026
  • Municipality: IRONTON
  • Latitude: 35.4767
  • Longitude: -81.2016

    Address

  • Full Address: 2409 Lake St
  • Address - House Number: 2409
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: NC
  • City Name: Lincolnton
  • Carrier Code: C006
  • 4-Digit Zip Code: 4276
  • Zip Code: 28092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,562
  • Tax Rate Code Area: BOGER CITY

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 66
  • Final Value: 279,333
  • High Value: 346,405
  • Low Value: 212,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: MARTHA L STORY
  • First Open Lien Mortgage Recording Date: Mar 09, 2016
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $231,105
  • Market Land Value: $29,000
  • Market Improvement Value: $202,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,105
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $202,105

    Sales

  • Current Sale Contract Date: Mar 08, 2016
  • Current Sale Recording Date: Mar 09, 2016
  • Current Sale Transaction ID: 1600303454
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 544468

    Last Sale Mortgage

  • First Mortgage Lender: MARTHA L STORY
  • First Mortgage Transaction Date: Mar 09, 2016
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lincoln



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2409 Lake Street located in?
The 2409 Lake Street is a located in the neighborhood of Lincoln in Lincoln, Lincolnton.
What is the average sales price for listings in 2409 Lake Street?
The average sales price for units in 2409 Lake Street is $0 currently.

Quantcast