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4120 Margate Street Southwest

4120 Margate Street Southwest, Concord, NC 28025
Property in Ramsgate
Sold Jan 07, 2011
$115,000
$115,544 by American Security Mortgage Cor
Mortgage Due Feb 01, 2041
Sold Apr 09, 2010
$114,124
4120 Margate Street Southwest has been categorized by the local assessors in Concord, NC as a residential type of property. The building on the property was first built in 2007 and is 17 years old. However, we must point out that the home was most recently renovated and altered in 2009. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4120 Margate Street Southwest has 1,978 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 3,920 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 342 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Jan 6, 2011 for $115,000. That's $58.14 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2010 for $114,124. 4120 Margate Street Southwest was last assessed in 2022. The total value of the property was assessed at $189,470. Specifically, the land the property is located on was valued at $40,000. While improvements on the property were assessed at a total of $149,470. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,312. 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. 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: 2007
  • Effective Year Built: 2009
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,978
  • Gross Building Area: 2,464
  • Building Area: 1,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,978
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAMSGATE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 120 RAMSGATE

Ownership

  • Current Owner : BORKOWSKI LAUREN ALICE
  • Previous Owner : RBC BANK USA
  • Owner Before Previous Owner: ROYCE HOMES NORTH CAROLINA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 040501

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 79292
  • District: 11
  • Parcel: 5538 49 2828
  • Lot: 120
  • Municipality: CENTRAL CABARRUS
  • Latitude: 35.3608
  • Longitude: -80.5622

    Address

  • Full Address: 4120 Margate St Sw
  • Address - House Number: 4120
  • Street Segment Direction: SW
  • Address - Street Name: Margate
  • Address - Suffix Type: St
  • State: NC
  • City Name: Concord
  • Carrier Code: R037
  • 4-Digit Zip Code: 9221
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,312
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 69
  • Final Value: 328,728
  • High Value: 401,114
  • Low Value: 256,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,544
  • First Open Lien Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Jan 07, 2011
  • First Open Lien Mortgage Loan Amount: $115,544
  • 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: Feb 01, 2041

    Market Valuation

  • Market Total Value: $189,470
  • Market Land Value: $40,000
  • Market Improvement Value: $149,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,470
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $149,470

    Sales

  • Current Sale Contract Date: Jan 06, 2011
  • Current Sale Recording Date: Jan 07, 2011
  • Current Sale Transaction ID: 1107276440
  • Current Sale Price: $115,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Apr 09, 2010
  • Previous Sale Contract Date: Jan 11, 2010
  • Previous Sale Amount: $114,124
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Mortgage Transaction Date: Jan 07, 2011
  • First Mortgage Loan Amount: $115,544
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2041

About Ramsgate



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Frequently Asked Questions

What neighborhood is 4120 Margate Street Southwest located in?
The 4120 Margate Street Southwest is a located in the neighborhood of Ramsgate in Ramsgate, Concord.
What is the average sales price for listings in 4120 Margate Street Southwest?
The average sales price for units in 4120 Margate Street Southwest is $0 currently.

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