Check Availability

402 Ferrell Avenue

402 Ferrell Avenue, Belmont, NC 28012
Property in Gaston
The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 66,211 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. 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 Ferrell Avenue has a total of 832 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - D+. The building has a gable or hip style roof that was made of shingle (not wood). Lots of brick 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. The home's a central heating system is the primary heating source and it is being fueled with nothing. 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, 402 Ferrell Avenue was last sold in Dec 1, 2021 for $55,000. According to our calculations, that's $66.11 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Jul 26, 2021. Current property owners are expected to pay $549 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 402 Ferrell Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $40,820. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 66,211
  • Lot Size Frontage Feet: 0
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 832
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Subdivision: D W WRIGHT PROPERTY LOCATED IN BELMCNT
  • Land Acres: 1.52
  • Standard Land Use Code: Miscellaneous (general)
  • Legal Description 1: D W WRIGHT L39-44 P/,45 04 008 027 00 00

Ownership

  • Current Owner : SOUTHERN HOME GROUP LLC
  • Previous Owner : SOUTHERN HOME GROUP REALTY LLC
  • Owner Before Previous Owner: SOUTHERN HOME GROUP REALTY LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 25, 2022

Neighborhood

  • School District Name: Gaston County Schools
  • Census Tract: 032401

Geography

  • Assessors Map Reference: MP 7 PG 11
  • District: 15
  • Subdivision Tract Number: 2
  • Parcel: 125687
  • Municipality: BELMONT CITY
  • Latitude: 35.243
  • Longitude: -81.0482

    Address

  • Full Address: 402 Ferrell Ave
  • Address - House Number: 402
  • Address - Street Name: Ferrell
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Belmont
  • Carrier Code: C010
  • 4-Digit Zip Code: 3640
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $549
  • Intital Tax Deliquent Year: 2019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: OLD NORTH CAPITAL INVESTMENTS
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $385,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $40,820

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $40,820

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11877920309
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 27, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: OLD NORTH CAPITAL INVESTMENTS
  • Previous Mortgage Transaction Date: Jul 27, 2021
  • Previous Mortgage Loan Amount: $385,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Belmont



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 259 Keener Boulevard, Belmont, NC, 28012

$2,100 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,552 ft²
259 Keener Boulevard, Belmont, NC, 28012 Listing by Jim Acord
Unit for rent at 312 Greenwood Avenue, Belmont, NC, 28012

$1,900 /mo

  • 2 Beds
  • 1 Bath
312 Greenwood Avenue, Belmont, NC, 28012 Listing by Rob Robertson

Frequently Asked Questions

What neighborhood is 402 Ferrell Avenue located in?
The 402 Ferrell Avenue is a located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 402 Ferrell Avenue?
The average sales price for units in 402 Ferrell Avenue is $0 currently.

Quantcast