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50348 Timber Trail

50348 Timber Trail, Buxton, NC 27920
Property in Dare
Sold Nov 20, 2014
$220,000
$198,000 by Townebank Mortgage
Mortgage Due Dec 01, 2044
50348 Timber Trail has been categorized by the local assessors in Buxton, NC as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 50348 Timber Trail has 1,738 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 15,500 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. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. 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. 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, 50348 Timber Trail sold most recently in Nov 14, 2014 for a total of $220,000. If you work out the math, that's approximately a cost of $126.58 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 $912 in taxes each year. 50348 Timber Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,966. If we break it down further, the land itself was valued at $79,300. Improvements to the property, however, were assessed at a total of $211,666. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Other
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,500
  • Total Building Area: 1,738
  • Building Area: 1,738
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,738
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIANTOWN SHORES
  • Land Acres: 0.356
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 21 PT 22 BLK: B SEC: EAST 1/2 OF 22 PL: 5 SL: 58

Ownership

  • Current Owner : DREW ROBERT W
  • Current Owner 2: DREW SUZANNE H
  • Previous Owner : BOWERS SARAH N
  • Ownership Rights Codes: Et ux (and wife)
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Dare County Schools
  • Census Tract: 970502

Geography

  • Assessors Map Reference: MB: 5
  • Account Number: 051611663685
  • District: 05
  • Parcel: 012024000
  • Block: B
  • Lot: 2122
  • Municipality: FRISCO
  • Latitude: 35.259
  • Longitude: -75.5945

    Address

  • Full Address: 50348 Timber Trl
  • Legal Unit: 1
  • Address - House Number: 50348
  • Address - Street Name: Timber
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Frisco
  • Zip Code: 27936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $912

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 67
  • Final Value: 508,255
  • High Value: 628,027
  • Low Value: 388,483

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 20, 2014
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: Dec 01, 2044
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 16, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 26, 2047

    Market Valuation

  • Market Total Value: $290,966
  • Market Land Value: $79,300
  • Market Improvement Value: $211,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,966
  • Assessed Land Value: $79,300
  • Assessed Improvements Value: $211,666

    Sales

  • Current Sale Contract Date: Nov 14, 2014
  • Current Sale Recording Date: Nov 20, 2014
  • Current Sale Transaction ID: 1439004062
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 700005322

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Nov 20, 2014
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

About Dare



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Frequently Asked Questions

What neighborhood is 50348 Timber Trail located in?
The 50348 Timber Trail is a located in the neighborhood of Dare in Dare, Buxton.
What is the average sales price for listings in 50348 Timber Trail?
The average sales price for units in 50348 Timber Trail is $0 currently.

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