Check Availability

420 Morlin Acres Drive

420 Morlin Acres Drive, Marshall, NC 28753
Property in Madison
Sold May 15, 2020
$330,000
$263,500 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2052
Sold Apr 14, 2010
$224,000
$179,200 by Bank Of America Na
Mortgage Due May 01, 2040
Local assessors in Marshall, NC have categorized 420 Morlin Acres Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 88,862 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 420 Morlin Acres Drive has a total of 2,453 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,752 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 - C+. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding 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 an air conditioning type we are unsure of for their cooling system. The home's a heat pump is the primary heating source. 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, 420 Morlin Acres Drive was last sold in May 14, 2020 for $330,000. According to our calculations, that's $134.53 per sqft. Prior to that sales transaction, the property was sold for $224,000 in Apr 9, 2010. Current property owners are expected to pay $1,595 in taxes per year. The property on 420 Morlin Acres Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $282,999. To break that down further, the land itself was valued at $42,297. While improvements to the property were assessed at a total of $240,702. 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. 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. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Wood
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,752
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 88,862
  • Total Building Area: 2,453
  • Building Area: 2,453
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Heat pump
  • Heated Square Feet: 2,453
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORLIN ACRES
  • Land Acres: 2.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO:21 & 22 PL:2-198

Ownership

  • Current Owner : WALLACE KATHLEEN
  • Current Owner 2: PEARCE FRANKLIN
  • Previous Owner : ARBOGAST TAMARA J HASTY
  • Previous Owner 2: ARBOGAST JAMES RAY
  • Owner Before Previous Owner: HOLLAND STEVEN R
  • Owner Before Previous Owner 2: HOLLAND ALEXANDRA L M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Madison County Schools
  • Census Tract: 010500

Zoning

  • Zoning: R-A

Geography

  • Parcel: 9715-90-6727
  • Block: 90
  • Lot: 21-22
  • Municipality: MARSHALL NORTH TWP
  • Latitude: 35.7582
  • Longitude: -82.642

    Address

  • Full Address: 420 Morlin Acres Dr
  • Address - House Number: 420
  • Address - Street Name: Morlin Acres
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Marshall
  • Carrier Code: R008
  • 4-Digit Zip Code: 9205
  • Zip Code: 28753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,595

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 490,149
  • High Value: 599,821
  • Low Value: 380,477

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $363,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $263,500
  • 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: Apr 01, 2052
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 04, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $282,999
  • Market Land Value: $42,297
  • Market Improvement Value: $240,702

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,999
  • Assessed Land Value: $42,297
  • Assessed Improvements Value: $240,702

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Transaction ID: 11761530355
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 336506
  • Previous Sale Recording Date: Apr 14, 2010
  • Previous Sale Contract Date: Apr 09, 2010
  • Previous Sale Amount: $224,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 15, 2020
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 14, 2010
  • Previous Mortgage Loan Amount: $179,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

About Madison



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 420 Morlin Acres Drive located in?
The 420 Morlin Acres Drive is a located in the neighborhood of Madison in Madison, Marshall.
What is the average sales price for listings in 420 Morlin Acres Drive?
The average sales price for units in 420 Morlin Acres Drive is $0 currently.

Quantcast