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507 Liberty Road

507 Liberty Road, High Point, NC 27263
Property in Guilford
Sold Oct 05, 2023
$180,000
$176,739 by Cmg Mortgage, Inc.
Mortgage Due Nov 01, 2053
Sold Jul 15, 2022
$60,500
507 Liberty Road has been categorized by the local assessors in High Point, NC as a residential type of property. The building on the property was first built in 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1978. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 Liberty Road has 812 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 14,810 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 180 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. 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 asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of paneling. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. 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, 507 Liberty Road sold most recently in Oct 5, 2023 for a total of $180,000. If you work out the math, that's approximately a cost of $221.67 per sqft. Before that, the property was also sold for $60,500 in Jul 15, 2022. 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 $551 in taxes each year. 507 Liberty Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,800. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $42,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1948
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 812
  • Gross Building Area: 812
  • Building Area: 812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 812
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARCHDALE PK
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 53&54 PB9-93 ARCHDALE PK PL9-93

Ownership

  • Current Owner : BRUMMETT MICHAEL SHAWN
  • Previous Owner : MCWHERTER BRANDI
  • Previous Owner 2: MCWHERTER SEAN
  • Owner Before Previous Owner: SMITH RANDALL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: GUIL-RAND
  • Census Tract: 014502

Zoning

  • Zoning: RS-9

Geography

  • Assessors Map Reference: S7014-B-1011
  • Account Number: 5297184001
  • District: 15
  • Parcel: 0158162
  • Block: 10110
  • Lot: 53-54
  • Meridian: TWN 15
  • Municipality: JAMESTOWN
  • Latitude: 35.9177
  • Longitude: -79.9622

    Address

  • Full Address: 507 Liberty Rd
  • Address - House Number: 507
  • Address - Street Name: Liberty
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Archdale
  • Carrier Code: C081
  • 4-Digit Zip Code: 2351
  • Zip Code: 27263

Valuation

    Tax

  • Total Area: 837
  • Tax Year: 2023
  • Tax Amount: $551
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 91
  • Final Value: 176,816
  • High Value: 194,018
  • Low Value: 159,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,739
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $176,739
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $62,800
  • Market Land Value: $20,000
  • Market Improvement Value: $42,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,800
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $42,800

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Transaction ID: 11914132149
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46313
  • Previous Sale Recording Date: Jul 15, 2022
  • Previous Sale Contract Date: Jul 15, 2022
  • Previous Sale Amount: $60,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE, INC.
  • First Mortgage Transaction Date: Oct 05, 2023
  • First Mortgage Loan Amount: $176,739
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

About Guilford



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Nearby Rentals

Unit for rent at 304 Ardale Drive, High Point, NC, 27260

$1,050 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,000 ft²
304 Ardale Drive #1B, High Point, NC, 27260 Listing by Sandip Nanda

Frequently Asked Questions

What neighborhood is 507 Liberty Road located in?
The 507 Liberty Road is a located in the neighborhood of Guilford in Guilford, High Point.
What is the average sales price for listings in 507 Liberty Road?
The average sales price for units in 507 Liberty Road is $0 currently.

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