Check Availability

255 Potato Branch Road

255 Potato Branch Road, Leicester, NC 28748
Property in Buncombe
Sold Jul 03, 2014
$175,000
$140,000 by Branch Banking And Trust Co
Mortgage Due Aug 01, 2044
Sold Apr 27, 2011
$136,500
255 Potato Branch Road has been categorized by the local assessors in Leicester, NC as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 3 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, 255 Potato Branch Road has 1,950 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 29,621 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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 metal. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 255 Potato Branch Road sold most recently in Jul 2, 2014 for a total of $175,000. If you work out the math, that's approximately a cost of $89.74 per sqft. Before that, the property was also sold for $136,500 in Apr 25, 2011. 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 $1,277 in taxes each year. 255 Potato Branch Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,200. If we break it down further, the land itself was valued at $29,300. Improvements to the property, however, were assessed at a total of $173,900. 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

  • Year Built: 1920
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Unsound
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RONDA C RIGSBY
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: RONDA C RIGSBY BLOCK: LOT: SECTION: PLAT: 0111-0197

Ownership

  • Current Owner : WHEELER ANDREW HUNTER
  • Current Owner 2: CAMPBELL MEGAN MARIE
  • Previous Owner : WIRKKALA JESSICA BLAIR
  • Owner Before Previous Owner: ABRAHAMS DAVID J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FLE
  • Census Tract: 002603

Zoning

  • Zoning: OU

Geography

  • Assessors Map Reference: 8780-31
  • Account Number: 3008071-2020-20
  • District: 17
  • Parcel: 8780-31-9875-00000
  • Municipality: LEICESTER
  • Latitude: 35.6204
  • Longitude: -82.7563

    Address

  • Full Address: 255 Potato Branch Rd
  • Address - House Number: 255
  • Address - Street Name: Potato Branch
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Leicester
  • Carrier Code: R003
  • 4-Digit Zip Code: 6606
  • Zip Code: 28748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,277

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 72
  • Final Value: 370,771
  • High Value: 445,478
  • Low Value: 296,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 03, 2014
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Aug 01, 2044

    Market Valuation

  • Market Total Value: $203,200
  • Market Land Value: $29,300
  • Market Improvement Value: $173,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,200
  • Assessed Land Value: $29,300
  • Assessed Improvements Value: $173,900

    Sales

  • Current Sale Contract Date: Jul 02, 2014
  • Current Sale Recording Date: Jul 03, 2014
  • Current Sale Transaction ID: 1067943263
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 27, 2011
  • Previous Sale Contract Date: Apr 25, 2011
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Jul 03, 2014
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

About Buncombe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 255 Potato Branch Road located in?
The 255 Potato Branch Road is a located in the neighborhood of Buncombe in Buncombe, Leicester.
What is the average sales price for listings in 255 Potato Branch Road?
The average sales price for units in 255 Potato Branch Road is $0 currently.

Quantcast