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2703 Lyla Avenue

2703 Lyla Avenue, Concord, NC 28027
Property in Cabarrus
Sold Jun 06, 2016
$116,000
$113,898 by Van Dyk Mortgage Corp
Mortgage Due Jun 01, 2046
Sold May 13, 2009
$65,000
Local assessors in Concord, NC have categorized 2703 Lyla Avenue as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 34,848 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a prefab, modular style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2703 Lyla Avenue has a total of 1,800 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. 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. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2703 Lyla Avenue sold most recently in May 24, 2016 for a total of $116,000. If you work out the math, that's approximately a cost of $64.44 per sqft. Before that, the property was also sold for $65,000 in Apr 22, 2009. 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 $2,394 in taxes each year. 2703 Lyla Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $174,730. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $139,730. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,800
  • Gross Building Area: 2,020
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UMBERGER ESTATE
  • Land Acres: 0.8
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: WEST SIDEL LYLA AVE

Ownership

  • Current Owner : DELGADO MARCOS BELMAN
  • Current Owner 2: FLORES DTANA GUTIERREZ
  • Previous Owner : MEDLIN STEVE L
  • Previous Owner 2: MEDLIN DEBRA F
  • Owner Before Previous Owner: BANK OF NEW YORK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 04-ALLEN
  • Census Tract: 041100

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 109053
  • District: 04
  • Section: 3
  • Parcel: 5612 43 0637
  • Municipality: KANNAPOLIS
  • Latitude: 35.4527
  • Longitude: -80.6319

    Address

  • Full Address: 2703 Lyla Ave
  • Address - House Number: 2703
  • Address - Street Name: Lyla
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Concord
  • Carrier Code: C008
  • 4-Digit Zip Code: 4126
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,394
  • Tax Rate Code Area: CI04

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 72
  • Final Value: 328,584
  • High Value: 395,954
  • Low Value: 261,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,898
  • First Open Lien Mortgage Lender: VAN DYK MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 06, 2016
  • First Open Lien Mortgage Loan Amount: $113,898
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $174,730
  • Market Land Value: $35,000
  • Market Improvement Value: $139,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,730
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $139,730

    Sales

  • Current Sale Contract Date: May 24, 2016
  • Current Sale Recording Date: Jun 06, 2016
  • Current Sale Transaction ID: 1602602078
  • Current Sale Price: $116,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11956-0002
  • Previous Sale Recording Date: May 13, 2009
  • Previous Sale Contract Date: Apr 22, 2009
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAN DYK MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 06, 2016
  • First Mortgage Loan Amount: $113,898
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

About Kannapolis



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Frequently Asked Questions

What neighborhood is 2703 Lyla Avenue located in?
The 2703 Lyla Avenue is a located in the neighborhood of Cabarrus in Kannapolis, Concord.
What is the average sales price for listings in 2703 Lyla Avenue?
The average sales price for units in 2703 Lyla Avenue is $0 currently.

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