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504 Sorrel Lane

504 Sorrel Lane, Sapphire, NC 28774
House in Jackson
504 Sorrel Lane has been categorized by the local assessors in Sapphire, NC as a type of property. The building on the property was first built in 2010 and is 16 years old. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 200 stories. In addition, 504 Sorrel Lane has 5,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 1,994 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 222,156 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. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. 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, 504 Sorrel Lane sold most recently in May 26, 2023 for a total of $1,455,000. If you work out the math, that's approximately a cost of $269.25 per sqft. Before that, the property was also sold for $171,000 in Jul 24, 2008. 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 $467,454 in taxes each year. 504 Sorrel Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,102,720. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $952,720. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.

Building Features

Exterior

Wood Siding

Parking

Attached Garage
Open Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220417
04/17/2022
5 Bed
5.5 Bath
-
$1,500,000
bedrooms
5 Bed
bathrooms
5.5 Bath
-
-
Jochen Lucke
SILVER CREEK REAL ESTATE GROUP, INC.
20210504
05/04/2021
5 Bed
6 Bath
-
$1,500,000
bedrooms
5 Bed
bathrooms
6 Bath
-
-
Jochen Lucke
SILVER CREEK REAL ESTATE GROUP, INC.


Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 3
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 6
  • Basement Area: 1,994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 222,156
  • Total Building Area: 5,404
  • Building Area: 5,404
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 5,404
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BALD ROCK SUBDIVISION
  • Land Acres: 0000005100
  • Standard Land Use Code: 1001
  • County Land Use Code: R01
  • Legal Description 1: LT 1B BALD ROCK

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950900

Geography

  • Assessors Map Reference: MAP 7592.01
  • Parcel: 7592-47-2392
  • Lot: 1B
  • Municipality: CASHIERS
  • Latitude: 35.1318
  • Longitude: -83.0335

    Address

  • Full Address: 504 Sorrel Ln
  • Address - House Number: 504
  • Address - Street Name: Sorrel
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Sapphire
  • Zip Code: 28774

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $467,454

    Appraisal Valuation

  • Standard Deviation: 0.1097
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 88
  • Final Value: 1,488,094
  • High Value: 1,651,409
  • Low Value: 1,324,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,102,720
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $952,720

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 24, 2008
  • Previous Sale Contract Date: Jul 24, 2008
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Jackson



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Frequently Asked Questions

What neighborhood is 504 Sorrel Lane located in?
The 504 Sorrel Lane is a house located in the neighborhood of Jackson in Jackson, Sapphire.
What is the average sales price for listings in 504 Sorrel Lane?
The average sales price for units in 504 Sorrel Lane is $0 currently.