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506 Aldridge Road

506 Aldridge Road, High Point, NC 27263
Property in Randolph
Sold Aug 30, 2005
$137,000
Buyer
Seller
$138,500 by Local Government Federal Credi
Mortgage Due Jun 01, 2041
Sold Mar 30, 2001
$126,000
Buyer
506 Aldridge Road in High Point, NC was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 506 Aldridge Road has 1,472 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of asbestos. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 506 Aldridge Road sold most recently in Aug 24, 2005 for a total of $137,000. If you work out the math, that's approximately a cost of $93.07 per sqft. Before that, the property was also sold for $126,000 in Mar 30, 2001. 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 $1,145 in taxes each year. 506 Aldridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,360. If we break it down further, the land itself was valued at $47,920. Improvements to the property, however, were assessed at a total of $171,440. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STERLING RIDGE
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STERLING RIDGE;L25 PH1 PLPB41-PG65

Ownership

  • Current Owner : STROUD NANCY
  • Previous Owner : RUSH TAMMY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Randolph County Schools
  • School Tax School District: TRINITY SCHOOL
  • School Tax District Code 2: GUILRAND
  • Census Tract: 031504

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: MB 41 MP 65
  • Subdivision Phase Number: 1
  • Parcel: 7718987387
  • Block: 98
  • Lot: 25
  • Municipality: TRINITY
  • Latitude: 35.9127
  • Longitude: -79.9461

    Address

  • Full Address: 506 Aldridge Rd
  • Address - House Number: 506
  • Address - Street Name: Aldridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Archdale
  • Carrier Code: C055
  • 4-Digit Zip Code: 3168
  • Zip Code: 27263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,145

    Appraisal Valuation

  • Standard Deviation: 0.3781
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 24
  • Final Value: 260,118
  • High Value: 358,487
  • Low Value: 161,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,500
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT FEDERAL CREDI
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $138,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Market Valuation

  • Market Total Value: $219,360
  • Market Land Value: $47,920
  • Market Improvement Value: $171,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,360
  • Assessed Land Value: $47,920
  • Assessed Improvements Value: $171,440

    Sales

  • Current Sale Contract Date: Aug 24, 2005
  • Current Sale Recording Date: Aug 30, 2005
  • Current Sale Transaction ID: 1002688220
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20050830000222450
  • Previous Sale Recording Date: Mar 30, 2001
  • Previous Sale Contract Date: Mar 30, 2001
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • First Mortgage Transaction Date: Aug 30, 2005
  • First Mortgage Loan Amount: $109,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Aug 24, 2035
  • Second Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • Second Mortgage Transaction Date: Aug 30, 2005
  • Second Mortgage Loan Amount: $27,380
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Aug 24, 2020

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Archdale



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Frequently Asked Questions

What neighborhood is 506 Aldridge Road located in?
The 506 Aldridge Road is a located in the neighborhood of Randolph in Archdale, High Point.
What is the average sales price for listings in 506 Aldridge Road?
The average sales price for units in 506 Aldridge Road is $0 currently.

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