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510 North Street

510 North Street, Belmont, NC 28012
Property in Gaston
Sold Aug 05, 2020
$150,000
$156,565 by Nfm Inc
Mortgage Due Sep 07, 2050
Sold May 29, 2019
$107,500
$85,800 by State Employees Cu
Mortgage Due Jun 01, 2049
Local assessors in Belmont, NC have categorized 510 North Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 510 North Street has a total of 1,080 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. 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-. The building has a gable or hip style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a gas heating system is the primary heating source and it is being fueled with gas. The property was last sold in Aug 4, 2020 for $150,000. That's $138.89 per sqft. Prior to that sales transaction, the property was also sold in May 29, 2019 for $107,500. 510 North Street was last assessed in 2023. The total value of the property was assessed at $154,400. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $104,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,644. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A J RANKIN ESTATE
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: A J RANKIN ESTATE L 131-133 15 049E 010 00 000

Ownership

  • Current Owner : SWINFORD STEVEN RAY
  • Previous Owner : FAULK WILLIAM B
  • Previous Owner 2: FAULK SUMMER S
  • Owner Before Previous Owner: BELK CHRISTOPHER J
  • Owner Before Previous Owner 2: BELK CHRISTOPHER JORDAN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BELMONT CITY
  • Census Tract: 032403

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 7 PG 78
  • District: BELMONT CITY
  • Parcel: 187345
  • Municipality: BELMONT CITY
  • Latitude: 35.2312
  • Longitude: -81.0419

    Address

  • Full Address: 510 North St
  • Address - House Number: 510
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: NC
  • City Name: Belmont
  • Carrier Code: C001
  • 4-Digit Zip Code: 4034
  • Zip Code: 28012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,644

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 67
  • Final Value: 230,770
  • High Value: 284,493
  • Low Value: 177,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,565
  • First Open Lien Mortgage Lender: NFM INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $156,565
  • 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: Sep 07, 2050

    Market Valuation

  • Market Total Value: $104,870
  • Market Land Value: $40,000
  • Market Improvement Value: $64,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,400
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $104,400

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11787785149
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 29, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $156,565
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 07, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: May 29, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $85,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Belmont



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Unit for rent at 169 8th Avenue, Cramerton, NC, 28032

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169 8th Avenue, Cramerton, NC, 28032 Listing by John Springsteed

Frequently Asked Questions

What neighborhood is 510 North Street located in?
The 510 North Street is a located in the neighborhood of Gaston in Belmont, Belmont.
What is the average sales price for listings in 510 North Street?
The average sales price for units in 510 North Street is $0 currently.

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