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409 East 2nd Street

409 East 2nd Street, Oakboro, NC 28129
Property in Stanly
Sold Oct 31, 2022
$380,000
$393,680 by Movement Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Jul 21, 2005
$158,000
$142,200 by Bank Of Stanly
Mortgage Due Aug 01, 2035
Local assessors in Oakboro, NC have categorized 409 East 2nd Street as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1961. The property's lot size has been calculated to be 40,075 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 2,000 ft. 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 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 409 East 2nd Street has a total of 2,769 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. 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 brick veneer 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 oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 409 East 2nd Street sold most recently in Oct 31, 2022 for a total of $380,000. If you work out the math, that's approximately a cost of $137.23 per sqft. Before that, the property was also sold for $158,000 in Jul 20, 2005. 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 $2,442 in taxes each year. 409 East 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $239,416. If we break it down further, the land itself was valued at $25,641. Improvements to the property, however, were assessed at a total of $213,775. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1961
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Exterior Walls Type: Brick veneer
  • 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 Type: Unspecified basement
  • Basement Area: 412
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 2,769
  • Building Area: 2,769
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,769
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF J R DUNN OAKBORO N C
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE 409 E 2ND ST LOTS 100/101 PT 102 650301370

Ownership

  • Current Owner : MURRAY JAMES MATTHEW
  • Current Owner 2: MURRAY SARA HEATH
  • Previous Owner : TURNER JILL
  • Owner Before Previous Owner: SCHWEIBER ERICH F
  • Owner Before Previous Owner 2: SCHWEIBER KELLY L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 930901

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MP 1 PG 71
  • Account Number: 1540904
  • District: 121
  • Parcel: 650301497869
  • Lot: 100
  • Municipality: OAKBORO TOWNSHIP
  • Latitude: 35.2262
  • Longitude: -80.3236

    Address

  • Full Address: 409 E 2nd St
  • Address - House Number: 409
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NC
  • City Name: Oakboro
  • Carrier Code: R004
  • 4-Digit Zip Code: 9202
  • Zip Code: 28129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,442
  • Tax Rate Code Area: 510:510

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 403,674
  • High Value: 491,040
  • Low Value: 316,308

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $393,680
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 31, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $393,680
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $239,416
  • Market Land Value: $25,641
  • Market Improvement Value: $213,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,416
  • Assessed Land Value: $25,641
  • Assessed Improvements Value: $213,775

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Transaction ID: 11902426676
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 452711
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: Jul 20, 2005
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 31, 2022
  • First Mortgage Loan Amount: $393,680
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF STANLY
  • Previous Mortgage Transaction Date: Jul 21, 2005
  • Previous Mortgage Loan Amount: $142,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Oakboro



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Frequently Asked Questions

What neighborhood is 409 East 2nd Street located in?
The 409 East 2nd Street is a located in the neighborhood of Stanly in Oakboro, Oakboro.
What is the average sales price for listings in 409 East 2nd Street?
The average sales price for units in 409 East 2nd Street is $0 currently.

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