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402 East 1st Street

402 East 1st Street, Princeton, NC 27569
Property in Johnston
Sold Aug 17, 2020
$115,000
$109,250 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2050
402 East 1st Street in Princeton, NC was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 1964. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 402 East 1st Street has 1,440 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 1,000 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 576 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 C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. 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 gas. 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, 402 East 1st Street sold most recently in Aug 17, 2020 for a total of $115,000. If you work out the math, that's approximately a cost of $79.86 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 $912 in taxes each year. 402 East 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,170. If we break it down further, the land itself was valued at $11,250. Improvements to the property, however, were assessed at a total of $58,920. 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: 1930
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,440
  • Gross Building Area: 1,632
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART LOTS 11 12 BLK B DB Z-12/204

Ownership

  • Current Owner : SHEFFIELD JEFFREY WAYNE
  • Current Owner 2: SHEFFIELD JENNY B
  • Previous Owner : FIELDS JAN MICHAEL
  • Previous Owner 2: FIELDS TERRI

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 22
  • School Tax District Code 2: 04
  • School Tax District Code 3: 58
  • Census Tract: 040501

Zoning

  • Zoning: REW

Geography

  • Assessors Map Reference: BK: Z-12 PG: 20
  • Account Number: 2000231162
  • District: 4
  • Parcel: 04005024
  • Block: B
  • Lot: 11
  • Municipality: PRINCETON
  • Latitude: 35.4627
  • Longitude: -78.1571

    Address

  • Full Address: 402 E 1st St
  • Address - House Number: 402
  • Street Direction: E
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NC
  • City Name: Princeton
  • Carrier Code: R005
  • 4-Digit Zip Code: 7219
  • Zip Code: 27569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $912
  • Tax Rate Code Area: C,CI58

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 61
  • Final Value: 229,714
  • High Value: 291,516
  • Low Value: 167,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $109,250
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $70,170
  • Market Land Value: $11,250
  • Market Improvement Value: $58,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,170
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $58,920

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11783224160
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020673890

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $109,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 402 East 1st Street located in?
The 402 East 1st Street is a located in the neighborhood of Johnston in Princeton, Princeton.
What is the average sales price for listings in 402 East 1st Street?
The average sales price for units in 402 East 1st Street is $0 currently.

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