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2657 River Meadows Court

2657 River Meadows Court, Lincolnton, NC 28092
Property in Lincoln
Sold Sep 24, 2021
$270,000
$215,960 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2051
Sold Jun 22, 2021
$255,500
Local assessors in Lincolnton, NC have categorized 2657 River Meadows Court as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 25,091 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2657 River Meadows Court has a total of 1,430 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 2657 River Meadows Court sold most recently in Sep 23, 2021 for a total of $270,000. If you work out the math, that's approximately a cost of $188.81 per sqft. Before that, the property was also sold for $255,500 in Jun 22, 2021. 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 $1,757 in taxes each year. 2657 River Meadows Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $278,000. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $248,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,091
  • Total Building Area: 1,430
  • Building Area: 1,430
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER MEADOWS
  • Land Acres: 0.576
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #39 LOT RIVER MEADOWS SUB

Ownership

  • Current Owner : LOWERY WALTER LESTER
  • Current Owner 2: LOWERY GAYLE LAY
  • Previous Owner : OP SPE TPA1 LLC
  • Owner Before Previous Owner: JARRELL BRANDON D
  • Owner Before Previous Owner 2: JARRELL JAMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: NORTH 321
  • Census Tract: 070800

Zoning

  • Zoning: R-SF

Geography

  • Assessors Map Reference: 3625
  • Account Number: 286882
  • District: 003
  • Parcel: 74721
  • Municipality: LINCOLNTON
  • Latitude: 35.529
  • Longitude: -81.2777

    Address

  • Full Address: 2657 River Meadows Ct
  • Address - House Number: 2657
  • Address - Street Name: River Meadows
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Lincolnton
  • Carrier Code: R002
  • 4-Digit Zip Code: 8597
  • Zip Code: 28092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,757
  • Tax Rate Code Area: NORTH 321

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 65
  • Final Value: 335,654
  • High Value: 417,878
  • Low Value: 253,431

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,960
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $215,960
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $278,000
  • Market Land Value: $30,000
  • Market Improvement Value: $248,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11857043242
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 639369
  • Previous Sale Recording Date: Jun 22, 2021
  • Previous Sale Contract Date: Jun 22, 2021
  • Previous Sale Amount: $255,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $215,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lincoln



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Frequently Asked Questions

What neighborhood is 2657 River Meadows Court located in?
The 2657 River Meadows Court is a located in the neighborhood of Lincoln in Lincoln, Lincolnton.
What is the average sales price for listings in 2657 River Meadows Court?
The average sales price for units in 2657 River Meadows Court is $0 currently.

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