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360 Patience Drive

360 Patience Drive, Concord, NC 28025
Property in Cold Water Hills
Sold May 08, 2012
$135,000
$195,000 by Captial Center Llc
Mortgage Due Dec 01, 2051
360 Patience Drive in Concord, NC was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1984. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 360 Patience Drive has 2,526 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 53,143 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a cathedral style roof made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 720 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. 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 forced air unit 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, 360 Patience Drive sold most recently in May 7, 2012 for a total of $135,000. If you work out the math, that's approximately a cost of $53.44 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 $1,507 in taxes each year. 360 Patience Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,050. If we break it down further, the land itself was valued at $35,530. Improvements to the property, however, were assessed at a total of $141,520. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1984
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 53,143
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,526
  • Gross Building Area: 3,189
  • Building Area: 2,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,526
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLD WATER HILLS
  • Land Acres: 1.22
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: LTS 74-77 COLD WATER HILLS

Ownership

  • Current Owner : GRINDSTAFF JIM C
  • Current Owner 2: GRINDSTAFF CHARITY A
  • Previous Owner : JOHNSON JAMES C
  • Previous Owner 2: JOHNSON MAXINE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 03-COLD WATER
  • Census Tract: 040600

Zoning

  • Zoning: AO

Geography

  • Account Number: 9709
  • District: 05
  • Parcel: 5631 90 9860
  • Lot: 74-77
  • Municipality: NEW GILEAD
  • Latitude: 35.4184
  • Longitude: -80.5442

    Address

  • Full Address: 360 Patience Dr
  • Address - House Number: 360
  • Address - Street Name: Patience
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Concord
  • Carrier Code: R024
  • 4-Digit Zip Code: 9553
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,507
  • Tax Rate Code Area: FR03

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 345,613
  • High Value: 419,188
  • Low Value: 272,038

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $235,402
  • First Open Lien Mortgage Lender: CAPTIAL CENTER LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Oct 24, 2023
  • Second Open Lien Mortgage Loan Amount: $20,201
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 14, 2038
  • Third Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Third Open Lien Mortgage Recording Date: Oct 24, 2023
  • Third Open Lien Mortgage Loan Amount: $20,201
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Nov 14, 2038

    Market Valuation

  • Market Total Value: $177,050
  • Market Land Value: $35,530
  • Market Improvement Value: $141,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,050
  • Assessed Land Value: $35,530
  • Assessed Improvements Value: $141,520

    Sales

  • Current Sale Contract Date: May 07, 2012
  • Current Sale Recording Date: May 08, 2012
  • Current Sale Transaction ID: 1196636572
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WR STARKEY MORTGAGE LLP
  • First Mortgage Transaction Date: May 08, 2012
  • First Mortgage Loan Amount: $131,476
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2042

About Cold Water Hills



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Frequently Asked Questions

What neighborhood is 360 Patience Drive located in?
The 360 Patience Drive is a located in the neighborhood of Cold Water Hills in Cold Water Hills, Concord.
What is the average sales price for listings in 360 Patience Drive?
The average sales price for units in 360 Patience Drive is $0 currently.

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