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434 Car Farm Road

434 Car Farm Road, Lincolnton, NC 28092
Property in Lincoln
Sold Feb 12, 2021
$181,000
$171,950 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2051
Local assessors in Lincolnton, NC have categorized 434 Car Farm Road as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 146,797 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There is also a partial bathroom. 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 434 Car Farm Road has a total of 1,368 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame 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 - D. Lots of asbestos shingle were used in the construction of the exterior walls of the home. Residents rely on air conditioning 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. 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, 434 Car Farm Road sold most recently in Feb 12, 2021 for a total of $181,000. If you work out the math, that's approximately a cost of $132.31 per sqft. 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 $1,262 in taxes each year. 434 Car Farm Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,956. If we break it down further, the land itself was valued at $51,064. Improvements to the property, however, were assessed at a total of $142,892. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 146,797
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E.L. SHRUM LD 1339

Ownership

  • Current Owner : VANG KAY K
  • Current Owner 2: VANG BRYAN
  • Previous Owner : HELMS JOE ALLEN
  • Previous Owner 2: CRAIG LYNDA HELMS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: NORTH 321
  • Census Tract: 070800

Zoning

  • Zoning: R-S

Geography

  • Assessors Map Reference: 3645-3
  • Account Number: 282958
  • District: 003
  • Parcel: 19801
  • Municipality: LINCOLNTON
  • Latitude: 35.5237
  • Longitude: -81.212

    Address

  • Full Address: 434 Car Farm Rd
  • Address - House Number: 434
  • Address - Street Name: Car Farm
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lincolnton
  • Carrier Code: R021
  • 4-Digit Zip Code: 7109
  • Zip Code: 28092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,262
  • Tax Rate Code Area: NORTH 321

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 66
  • Final Value: 263,044
  • High Value: 326,205
  • Low Value: 199,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,950
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $171,950
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $193,956
  • Market Land Value: $51,064
  • Market Improvement Value: $142,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,956
  • Assessed Land Value: $51,064
  • Assessed Improvements Value: $142,892

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11832767457
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 625230

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $171,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Lincoln



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Frequently Asked Questions

What neighborhood is 434 Car Farm Road located in?
The 434 Car Farm Road is a located in the neighborhood of Lincoln in Lincoln, Lincolnton.
What is the average sales price for listings in 434 Car Farm Road?
The average sales price for units in 434 Car Farm Road is $0 currently.

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