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3555 North Carolina 62

3555 North Carolina 62, Burlington, NC 27217
Property in Alamance
Sold Aug 03, 2009
$96,000
$99,633 by J P Morgan Chase Bank
Mortgage
Local assessors in Burlington, NC have categorized 3555 North Carolina 62 as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 98,881 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 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 3555 North Carolina 62 has a total of 1,094 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 3555 North Carolina 62 sold most recently in Jul 29, 2009 for a total of $96,000. If you work out the math, that's approximately a cost of $87.75 per sqft. 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 $889 in taxes each year. 3555 North Carolina 62 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $173,710. If we break it down further, the land itself was valued at $44,889. Improvements to the property, however, were assessed at a total of $128,821. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 98,881
  • Total Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,094
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: ROGER P INGRAM JR & MARGARET H
  • Land Acres: 2.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: HBA 3555 NC 62 NORTH LT 1 5-12-50

Ownership

  • Current Owner : STANLEY GREGORY
  • Previous Owner : INGRAM ROGER P
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: EASTERN
  • Census Tract: 021400

Geography

  • Assessors Map Reference: PM 8887
  • Account Number: 575670
  • Parcel: 150316
  • Lot: 1
  • Municipality: FAUCETTE
  • Latitude: 36.1605
  • Longitude: -79.3974

    Address

  • Full Address: 3555 N Nc Highway 62
  • Address - House Number: 3555
  • Street Direction: N
  • Address - Street Name: Nc Highway 62
  • State: NC
  • City Name: Burlington
  • Carrier Code: R017
  • 4-Digit Zip Code: 8946
  • Zip Code: 27217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $889
  • Tax Rate Code Area: 34

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 208,859
  • High Value: 251,283
  • Low Value: 166,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,633
  • First Open Lien Mortgage Lender: J P MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $99,633
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $173,710
  • Market Land Value: $44,889
  • Market Improvement Value: $128,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,710
  • Assessed Land Value: $44,889
  • Assessed Improvements Value: $128,821

    Sales

  • Current Sale Contract Date: Jul 29, 2009
  • Current Sale Recording Date: Aug 03, 2009
  • Current Sale Transaction ID: 1140194929
  • Current Sale Price: $96,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: J P MORGAN CHASE BANK
  • First Mortgage Transaction Date: Aug 03, 2009
  • First Mortgage Loan Amount: $99,633
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Alamance



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Frequently Asked Questions

What neighborhood is 3555 North Carolina 62 located in?
The 3555 North Carolina 62 is a located in the neighborhood of Alamance in Alamance, Burlington.
What is the average sales price for listings in 3555 North Carolina 62?
The average sales price for units in 3555 North Carolina 62 is $0 currently.

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