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401 South Correll Street

401 South Correll Street, Landis, NC 28088
Property in Rowan
Sold Apr 13, 2018
$58,000
$55,000 by Fifth Third Mortgage Co
Mortgage Due May 01, 2048
401 South Correll Street in Landis, NC was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 401 South Correll Street has 963 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. The linear feet across the front of the lot is 480 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. 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 siding. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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, 401 South Correll Street sold most recently in Apr 13, 2018 for a total of $58,000. If you work out the math, that's approximately a cost of $60.23 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 $1,118 in taxes each year. 401 South Correll Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $104,469. If we break it down further, the land itself was valued at $25,200. Improvements to the property, however, were assessed at a total of $79,269. 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: 1925
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 480
  • Total Building Area: 963
  • Building Area: 963
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 963
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1

Ownership

  • Current Owner : MUSHALA ASPEN REID
  • Previous Owner : STEEN FRED F
  • Previous Owner 2: STEEN BETTYE HUFFMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: TOWN OF LANDIS
  • Census Tract: 051600

Zoning

  • Zoning: R6:TWO FAM

Geography

  • District: 13
  • Parcel: 108 07105
  • Municipality: TOWN OF LANDIS
  • Latitude: 35.542
  • Longitude: -80.6106

    Address

  • Full Address: 401 S Correll St
  • Address - House Number: 401
  • Street Direction: S
  • Address - Street Name: Correll
  • Address - Suffix Type: St
  • State: NC
  • City Name: Landis
  • Carrier Code: C002
  • 4-Digit Zip Code: 1830
  • Zip Code: 28088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,118
  • Tax Rate Code Area: 107:LANDIS

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 72,608
  • High Value: 98,319
  • Low Value: 46,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 13, 2018
  • First Open Lien Mortgage Loan Amount: $55,000
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $104,469
  • Market Land Value: $25,200
  • Market Improvement Value: $79,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,469
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $79,269

    Sales

  • Current Sale Contract Date: Apr 13, 2018
  • Current Sale Recording Date: Apr 13, 2018
  • Current Sale Transaction ID: 11447492947
  • Current Sale Price: $58,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Apr 13, 2018
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Landis



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Frequently Asked Questions

What neighborhood is 401 South Correll Street located in?
The 401 South Correll Street is a located in the neighborhood of Rowan in Landis, Landis.
What is the average sales price for listings in 401 South Correll Street?
The average sales price for units in 401 South Correll Street is $0 currently.

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