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401 School House Road

401 School House Road, Casar, NC 28020
Property in Cleveland
Sold May 15, 2020
$140,000
$35,000 by Truist Bank
Mortgage
401 School House Road has been categorized by the local assessors in Casar, NC as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1989. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 401 School House Road has 1,860 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,436,311 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. The building has a shed style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 401 School House Road was last sold in May 14, 2020 for $140,000. According to our calculations, that's $75.27 per sqft. Current property owners are expected to pay $1,917 in taxes per year. The property on 401 School House Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $366,286. To break that down further, the land itself was valued at $195,019. While improvements to the property were assessed at a total of $171,267. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Shed
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,395
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,436,311
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDLAND
  • Land Acres: 55.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 55.93 ACRES RD 1518

Ownership

  • Current Owner : HENSON DEAN FRANKLIN
  • Current Owner 2: HENSON TRACY LYNN
  • Previous Owner : HUFFMAN CHRISTINE ANN TRUHAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: COUNTY SCH DIST
  • Census Tract: 950101

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: 3281
  • Account Number: 1132979
  • District: 11
  • Parcel: 39014
  • Block: 1
  • Lot: 33U
  • Municipality: 1 CASAR
  • Latitude: 35.502
  • Longitude: -81.6238

    Address

  • Full Address: 401 School House Rd
  • Address - House Number: 401
  • Address - Street Name: School House
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Casar
  • Zip Code: 28020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,917
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 495,970
  • High Value: 579,697
  • Low Value: 412,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $35,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $366,286
  • Market Land Value: $195,019
  • Market Improvement Value: $171,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,286
  • Assessed Land Value: $195,019
  • Assessed Improvements Value: $171,267

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Transaction ID: 11761526081
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200039314

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Mortgage Transaction Date: May 15, 2020
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: May 01, 2040

About Cleveland



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Frequently Asked Questions

What neighborhood is 401 School House Road located in?
The 401 School House Road is a located in the neighborhood of Cleveland in Cleveland, Casar.
What is the average sales price for listings in 401 School House Road?
The average sales price for units in 401 School House Road is $0 currently.

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