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314 Fallingbrook Drive

314 Fallingbrook Drive, Belmont, NC 28012
Property in Gaston
Sold May 30, 2014
$215,000
$245,000 by Bank Of America Na
Mortgage Due Jun 01, 2044
Sold Apr 30, 1999
$188,000
$178,600 by Coastal Mtg Services Inc
Mortgage Due May 01, 2029
Local assessors in Belmont, NC have categorized 314 Fallingbrook Drive as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 22,216 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 314 Fallingbrook Drive has a total of 2,594 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 wood 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 - B-. The building has a gable or hip style roof that was made of shingle (not wood). Lots of wood 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 air conditioning for their cooling system. The home's a forced air unit 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, 314 Fallingbrook Drive sold most recently in May 1, 2014 for a total of $215,000. If you work out the math, that's approximately a cost of $82.88 per sqft. Before that, the property was also sold for $188,000 in Apr 30, 1999. 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 $2,784 in taxes each year. 314 Fallingbrook Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $400,610. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $340,610. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1984
  • Effective Year Built: 1984
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,594
  • Building Area: 2,594
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELWOOD REALTY AND DEVELOPMENT INC
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BELWOOD BLK E L 29 15 053 013 47 000

Ownership

  • Current Owner : WALTON KATHERINE
  • Previous Owner : TRACEY MICHAEL A
  • Previous Owner 2: TRACEY ELAINE Q
  • Owner Before Previous Owner: RATCHFORD HOWARD DON
  • Owner Before Previous Owner 2: RATCHFORD MELINDA EUDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: SOUTH POINT FD
  • Census Tract: 032405

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 35 PG 53
  • Account Number: 1657646
  • District: SOUTH POINT
  • Parcel: 187846
  • Block: E
  • Municipality: SOUTH POINT FD
  • Latitude: 35.2222
  • Longitude: -81.0212

    Address

  • Full Address: 314 Fallingbrook Dr
  • Address - House Number: 314
  • Address - Street Name: Fallingbrook
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Belmont
  • Carrier Code: R007
  • 4-Digit Zip Code: 9555
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,784

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 71
  • Final Value: 550,139
  • High Value: 666,787
  • Low Value: 433,491

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $418,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 30, 2014
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Jun 01, 2044
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jul 02, 2020
  • Second Open Lien Mortgage Loan Amount: $173,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $276,360
  • Market Land Value: $48,000
  • Market Improvement Value: $228,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,610
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $340,610

    Sales

  • Current Sale Contract Date: May 01, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 1170420531
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Contract Date: Apr 30, 1999
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 30, 2014
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: COASTAL MTG SERVICES INC
  • Previous Mortgage Transaction Date: Apr 30, 1999
  • Previous Mortgage Loan Amount: $178,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2029

About Gaston



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Frequently Asked Questions

What neighborhood is 314 Fallingbrook Drive located in?
The 314 Fallingbrook Drive is a located in the neighborhood of Gaston in Gaston, Belmont.
What is the average sales price for listings in 314 Fallingbrook Drive?
The average sales price for units in 314 Fallingbrook Drive is $0 currently.

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