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317 Montibello Drive

317 Montibello Drive, Mooresville, NC 28117
Sold Oct 18, 2012
$296,500
$266,727 by Ryland Mortgage Co
Mortgage Due Nov 01, 2042
Sold Jan 24, 2011
$1,023,000
317 Montibello Drive in Mooresville, NC was first built in 2012 and is 12 years old. Although, the building on the property was most recently renovated and altered in 2014. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 317 Montibello Drive has 2,936 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,926 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a detached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 317 Montibello Drive sold most recently in Oct 17, 2012 for a total of $296,500. If you work out the math, that's approximately a cost of $100.99 per sqft. Before that, the property was also sold for $1,023,000 in Jan 21, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,792 in taxes each year. 317 Montibello Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $468,840. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $368,840. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2012
  • Effective Year Built: 2014
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,926
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,936
  • Gross Building Area: 3,756
  • Building Area: 2,936
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,936
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORRISON PLANTATION
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L16-MORRISON PLANTATION-P3-S1-PB47-127

Ownership

  • Current Owner : THUPPAL RAVINDRAN
  • Current Owner 2: THUPPAL RAJANI
  • Previous Owner : RYLAND GROUP INC
  • Owner Before Previous Owner: MORRISON RESIDENTIAL LLC

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: CI03
  • School Tax District Code 3: SW
  • Census Tract: 061402

Zoning

  • Zoning: CM

Geography

  • Assessors Map Reference: MAP:4637
  • Account Number: 80003552
  • District: 17
  • Parcel: 4637-84-2076.000
  • Block: 84
  • Lot: 16
  • Municipality: DAVIDSON
  • Latitude: 35.5874
  • Longitude: -80.8894

    Address

  • Full Address: 317 Montibello Dr
  • Address - House Number: 317
  • Address - Street Name: Montibello
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R033
  • 4-Digit Zip Code: 8222
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,792
  • Tax Rate Code Area: SWM

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 579,704
  • High Value: 716,674
  • Low Value: 442,733

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $366,727
  • First Open Lien Mortgage Lender: RYLAND MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 18, 2012
  • First Open Lien Mortgage Loan Amount: $266,727
  • 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: Nov 01, 2042
  • Second Open Lien Mortgage Lender: TRULIANT FCU
  • Second Open Lien Mortgage Recording Date: Nov 05, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 20, 2050

    Market Valuation

  • Market Total Value: $468,840
  • Market Land Value: $100,000
  • Market Improvement Value: $368,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,840
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $368,840

    Sales

  • Current Sale Contract Date: Oct 17, 2012
  • Current Sale Recording Date: Oct 18, 2012
  • Current Sale Transaction ID: 1197449540
  • Current Sale Price: $296,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 24, 2011
  • Previous Sale Contract Date: Jan 21, 2011
  • Previous Sale Amount: $1,023,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RYLAND MORTGAGE CO
  • First Mortgage Transaction Date: Oct 18, 2012
  • First Mortgage Loan Amount: $266,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

About Morrison Plantation



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Frequently Asked Questions

What neighborhood is 317 Montibello Drive located in?
The 317 Montibello Drive is a located in the neighborhood of Morrison Plantation in Morrison Plantation, Mooresville.
What is the average sales price for listings in 317 Montibello Drive?
The average sales price for units in 317 Montibello Drive is $0 currently.

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