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402 Ellicott Lane

402 Ellicott Lane, Locust, NC 28097
Sold Aug 02, 2022
$377,000
$301,600 by Pennymac Loan Services Llc
Mortgage Due Sep 01, 2052
Sold Aug 03, 2018
$235,000
Local assessors in Locust, NC have categorized 402 Ellicott Lane as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 8,712 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 402 Ellicott Lane has a total of 1,742 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 442 sqft. 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 - B-. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. 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 electricity. 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 Ellicott Lane sold most recently in Aug 1, 2022 for a total of $377,000. If you work out the math, that's approximately a cost of $216.42 per sqft. Before that, the property was also sold for $235,000 in Jul 26, 2018. 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 $2,506 in taxes each year. The initial year of tax delinquency occurred in 2021. 402 Ellicott Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $229,951. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $187,951. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 442
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,742
  • Building Area: 1,742
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,742
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS PH2
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE 402 ELLICOTT DR LT 101 THE MEADOWS PH 2 557603199

Ownership

  • Current Owner : TRAPP MELVIN STANLEY
  • Current Owner 2: RIVERA MARIA C
  • Previous Owner : BUBLIK ANZHELA
  • Previous Owner 2: BUBLIK MAKSIM
  • Owner Before Previous Owner: FLAIR JORDAN
  • Owner Before Previous Owner 2: FLAIR BRITTANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 930801

Zoning

  • Zoning: OPS

Geography

  • Assessors Map Reference: MP 19 PG 27
  • Account Number: 1539723
  • District: 125
  • Parcel: 557603437307
  • Lot: 101
  • Municipality: FURR 1 TOWNSHIP
  • Latitude: 35.2896
  • Longitude: -80.4253

    Address

  • Full Address: 402 Ellicott Ln
  • Address - House Number: 402
  • Address - Street Name: Ellicott
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Locust
  • Carrier Code: R002
  • 4-Digit Zip Code: 9408
  • Zip Code: 28097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,506
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 550:550

    Appraisal Valuation

  • Standard Deviation: 0.104
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 89
  • Final Value: 360,678
  • High Value: 398,202
  • Low Value: 323,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,600
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2022
  • First Open Lien Mortgage Loan Amount: $301,600
  • 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, 2052

    Market Valuation

  • Market Total Value: $229,951
  • Market Land Value: $42,000
  • Market Improvement Value: $187,951

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,951
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $187,951

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11903216348
  • Current Sale Price: $377,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 449761
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Contract Date: Jul 26, 2018
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $301,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

About The Heritage



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Frequently Asked Questions

What neighborhood is 402 Ellicott Lane located in?
The 402 Ellicott Lane is a house located in the neighborhood of The Heritage in The Heritage, Locust.
What is the average sales price for listings in 402 Ellicott Lane?
The average sales price for units in 402 Ellicott Lane is $0 currently.

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