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5096 Silver Tree Trail

5096 Silver Tree Trail, Conover, NC 28613
Property in Catawba
Sold Sep 01, 2021
$225,000
$196,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2052
Sold Mar 04, 2005
$119,000
$119,000 by First Franklin
Mortgage Due Mar 01, 2035
Local assessors in Conover, NC have categorized 5096 Silver Tree Trail as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 18,731 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 1,200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5096 Silver Tree Trail has a total of 1,372 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 5096 Silver Tree Trail sold most recently in Aug 17, 2021 for a total of $225,000. If you work out the math, that's approximately a cost of $163.99 per sqft. Before that, the property was also sold for $119,000 in Mar 4, 2005. 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 $1,073 in taxes each year. 5096 Silver Tree Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,200. If we break it down further, the land itself was valued at $14,400. Improvements to the property, however, were assessed at a total of $136,800. 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
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURAL SPRINGS
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 34 PLAT 48-155

Ownership

  • Current Owner : CHANG TONG
  • Previous Owner : ALFARO KRISTI BOLICK
  • Previous Owner 2: ALFARO ALEXANDER RAMON
  • Owner Before Previous Owner: MILLER LUCAS
  • Owner Before Previous Owner 2: MILLER JANELLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Catawba County Schools
  • School Tax School District: OXFORD
  • Census Tract: 010201

Zoning

  • Zoning: R-20

Geography

  • Parcel: 3744-15-54-8053
  • Lot: 34
  • Municipality: CLINES
  • Latitude: 35.7744
  • Longitude: -81.2055

    Address

  • Full Address: 5096 Silver Tree Trl
  • Address - House Number: 5096
  • Address - Street Name: Silver Tree
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Conover
  • Carrier Code: R088
  • 4-Digit Zip Code: 8497
  • Zip Code: 28613

Valuation

    Tax

  • Total Area: 1,372
  • Tax Year: 2023
  • Tax Amount: $1,073
  • Tax Rate Code Area: CATAWBA CO

    Appraisal Valuation

  • Standard Deviation: 0.2718
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 61
  • Final Value: 267,733
  • High Value: 340,514
  • Low Value: 194,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $151,200
  • Market Land Value: $14,400
  • Market Improvement Value: $136,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,200
  • Assessed Land Value: $14,400
  • Assessed Improvements Value: $136,800

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11853711712
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21249
  • Previous Sale Recording Date: Mar 04, 2005
  • Previous Sale Contract Date: Mar 04, 2005
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN
  • Previous Mortgage Transaction Date: Mar 04, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $119,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Catawba



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Frequently Asked Questions

What neighborhood is 5096 Silver Tree Trail located in?
The 5096 Silver Tree Trail is a located in the neighborhood of Catawba in Catawba, Conover.
What is the average sales price for listings in 5096 Silver Tree Trail?
The average sales price for units in 5096 Silver Tree Trail is $0 currently.

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