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405 Stowe Road

405 Stowe Road, Belmont, NC 28012
Property in Gaston
Sold Apr 27, 2018
$305,000
$228,750 by United Wholesale Mortgage
Mortgage Due May 01, 2048
Sold Sep 21, 2009
$233,000
$224,845 by Fifth Third Mortgage Co
Mortgage Due Oct 01, 2039
405 Stowe Road in Belmont, NC was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 14 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 405 Stowe Road has 3,095 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. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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 air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Apr 27, 2018 for $305,000. That's $98.55 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2009 for $233,000. 405 Stowe Road was last assessed in 2023. The total value of the property was assessed at $483,510. Specifically, the land the property is located on was valued at $46,000. While improvements on the property were assessed at a total of $437,510. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,149. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,095
  • Building Area: 3,095
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,095
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: STOWE POINTE L 44 15 053 011 00 000

Ownership

  • Current Owner : GRIMES DEREK DONALD
  • Current Owner 2: GRIMES KARA PAULINE LONG
  • Previous Owner : GUEVARA EMILIO
  • Previous Owner 2: GUEVARA KIMYADA C
  • Owner Before Previous Owner: LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032404

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MP 75 PG 40
  • District: BELMONT CITY
  • Parcel: 215879
  • Municipality: BELMONT CITY
  • Latitude: 35.2257
  • Longitude: -81.0294

    Address

  • Full Address: 405 Stowe Rd
  • Address - House Number: 405
  • Address - Street Name: Stowe
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Belmont
  • Carrier Code: R003
  • 4-Digit Zip Code: 8555
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,149

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 71
  • Final Value: 508,022
  • High Value: 615,740
  • Low Value: 400,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 27, 2018
  • First Open Lien Mortgage Loan Amount: $228,750
  • 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: $303,090
  • Market Land Value: $40,000
  • Market Improvement Value: $263,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,510
  • Assessed Land Value: $46,000
  • Assessed Improvements Value: $437,510

    Sales

  • Current Sale Contract Date: Apr 27, 2018
  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Transaction ID: 11455574866
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 21, 2009
  • Previous Sale Contract Date: Sep 18, 2009
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 27, 2018
  • First Mortgage Loan Amount: $228,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 21, 2009
  • Previous Mortgage Loan Amount: $224,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2039

About Belmont



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Nearby Rentals

Unit for rent at 5016 Belmont Crossing Drive, Belmont, NC, 28012

$1,975 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,552 ft²
5016 Belmont Crossing Drive, Belmont, NC, 28012 Listing by Jim Acord

Frequently Asked Questions

What neighborhood is 405 Stowe Road located in?
The 405 Stowe Road is a located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 405 Stowe Road?
The average sales price for units in 405 Stowe Road is $0 currently.

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