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406 South College Avenue

406 South College Avenue, Newton, NC 28658
Property in Catawba
Sold Apr 27, 2018
$370,000
$370,000 by Local Government Employees Fcu
Mortgage Due May 01, 2048
Sold Jan 16, 2013
$60,000
$55,600 by Kathleen L Sigmon
Mortgage Due Feb 01, 2036
Local assessors in Newton, NC have categorized 406 South College Avenue as a residential type of property. The home was built in 1936 and is 88 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 34,412 square feet. The linear feet between the front and back of the lot was measured at 1,870 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 406 South College Avenue has a total of 5,265 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 832 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - A-. Lots of brick were used in the construction of the exterior walls of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 406 South College Avenue was last sold in Apr 26, 2018 for $370,000. According to our calculations, that's $70.28 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Jan 16, 2013. Current property owners are expected to pay $5,544 in taxes per year. The property on 406 South College Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $653,400. To break that down further, the land itself was valued at $28,400. While improvements to the property were assessed at a total of $625,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 2003
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: A-
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 832
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 34,412
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,265
  • Building Area: 5,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,265
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.79
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT B PL 36-59

Ownership

  • Current Owner : WRIGHT RECIL H
  • Current Owner 2: WRIGHT DENISE D
  • Previous Owner : SIGMON JOSEPH KENT
  • Previous Owner 2: SIGMON KETHY WILLIS
  • Owner Before Previous Owner: SIGMON KATHLEEN L
  • Owner Before Previous Owner 2: SIGMON KYLE EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newton-Conover City Schools
  • School Tax School District: NEWTON
  • Census Tract: 011200

Zoning

  • Zoning: R-11

Geography

  • Parcel: 3730-20-91-5746
  • Lot: B
  • Municipality: NEWTON
  • Latitude: 35.658
  • Longitude: -81.2236

    Address

  • Full Address: 406 S College Ave
  • Address - House Number: 406
  • Street Direction: S
  • Address - Street Name: College
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Newton
  • Carrier Code: C001
  • 4-Digit Zip Code: 3412
  • Zip Code: 28658

Valuation

    Tax

  • Total Area: 1,999
  • Tax Year: 2023
  • Tax Amount: $5,544
  • Tax Rate Code Area: NEWTON

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 70
  • Final Value: 652,098
  • High Value: 794,376
  • Low Value: 509,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT EMPLOYEES FCU
  • First Open Lien Mortgage Recording Date: Apr 27, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $653,400
  • Market Land Value: $28,400
  • Market Improvement Value: $625,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,400
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $625,000

    Sales

  • Current Sale Contract Date: Apr 26, 2018
  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Transaction ID: 11462997248
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 06752
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Jan 16, 2013
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOCAL GOVERNMENT EMPLOYEES FCU
  • First Mortgage Transaction Date: Apr 27, 2018
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: KATHLEEN L SIGMON
  • Previous Mortgage Transaction Date: Jan 16, 2013
  • Previous Mortgage Loan Amount: $55,600
  • Previous Mortgage Term: 276
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About Newton



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Frequently Asked Questions

What neighborhood is 406 South College Avenue located in?
The 406 South College Avenue is a located in the neighborhood of Catawba in Newton, Newton.
What is the average sales price for listings in 406 South College Avenue?
The average sales price for units in 406 South College Avenue is $0 currently.

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