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470 Water Road

470 Water Road, Washington, NC 27889
Property in Beaufort
Sold Oct 17, 2018
$10
$60,000 by First Bank
Mortgage
Sold Aug 17, 2004
$2,000
470 Water Road has been categorized by the local assessors in Washington, NC as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 470 Water Road has 1,716 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,216 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. 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 or hip 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 wood. 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 electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 470 Water Road sold most recently in Jan 1, 1970 for a total of $10. If you work out the math, that's approximately a cost of $0.01 per sqft. Before that, the property was also sold for $2,000 in Aug 17, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $575 in taxes each year. 470 Water Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,105. If we break it down further, the land itself was valued at $14,280. Improvements to the property, however, were assessed at a total of $40,825. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,716
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.51
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: 1 L #5 HILDA M S WATERS HRSG J WATERS

Ownership

  • Current Owner : MILLS WILLIAM
  • Current Owner 2: MILLS CARLA
  • Previous Owner : EDWARD PERRY MARKARIAN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Beaufort County Schools
  • Census Tract: 930600

Geography

  • Parcel: 6633-47-5092
  • Municipality: BATH TOWNSHIP
  • Latitude: 35.4816
  • Longitude: -76.8682

    Address

  • Full Address: 470 Water Rd
  • Address - House Number: 470
  • Address - Street Name: Water
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Washington
  • Carrier Code: R002
  • 4-Digit Zip Code: 7250
  • Zip Code: 27889

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $575

    Appraisal Valuation

  • Standard Deviation: 0.2472
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 140,990
  • High Value: 175,850
  • Low Value: 106,129

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2018
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $55,105
  • Market Land Value: $14,280
  • Market Improvement Value: $40,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,105
  • Assessed Land Value: $14,280
  • Assessed Improvements Value: $40,825

    Sales

  • Current Sale Recording Date: Oct 17, 2018
  • Current Sale Transaction ID: 11788809048
  • Current Sale Price: $10
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 17, 2004
  • Previous Sale Contract Date: Aug 17, 2004
  • Previous Sale Amount: $2,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Oct 17, 2018
  • First Mortgage Loan Amount: $60,000

About Beaufort



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Frequently Asked Questions

What neighborhood is 470 Water Road located in?
The 470 Water Road is a located in the neighborhood of Beaufort in Beaufort, Washington.
What is the average sales price for listings in 470 Water Road?
The average sales price for units in 470 Water Road is $0 currently.

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