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5110 Armetus Road

5110 Armetus Road, Sims, NC 27880
Property in Wilson
Sold May 11, 2017
$247,000
$246,800 by Local Government Fcu
Mortgage Due Jun 01, 2042
Sold Jun 07, 2016
$27,500
5110 Armetus Road has been categorized by the local assessors in Sims, NC as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5110 Armetus Road has 2,352 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 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. For the features and amenities located on the property. There is a attached garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a gas heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 5110 Armetus Road sold most recently in May 8, 2017 for a total of $247,000. If you work out the math, that's approximately a cost of $105.02 per sqft. Before that, the property was also sold for $27,500 in May 27, 2016. 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 $1,999 in taxes each year. 5110 Armetus Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,390. If we break it down further, the land itself was valued at $27,036. Improvements to the property, however, were assessed at a total of $208,354. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,352
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PENNINGTON PLACE
  • Land Acres: 1
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: 5110 ARMETUS RD L26S2 PENNINGTON 1.01AC

Ownership

  • Current Owner : BARNES JONATHAN TYLER
  • Current Owner 2: BARNES NICOLE MARION
  • Previous Owner : KINGSMILL HOMES OF WILSON INC
  • Owner Before Previous Owner: MRW DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County Schools
  • School Tax School District: C/SW/ROCK RIDGE
  • Census Tract: 001502

Zoning

  • Zoning: AR

Geography

  • Account Number: 1109075
  • District: 19
  • Parcel: 2761-16-8119.000
  • Municipality: OLD FIELDS
  • Latitude: 35.7146
  • Longitude: -78.118

    Address

  • Full Address: 5110 Armetus Rd
  • Address - House Number: 5110
  • Address - Street Name: Armetus
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Sims
  • Carrier Code: R091
  • 4-Digit Zip Code: 9539
  • Zip Code: 27880

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,999

    Appraisal Valuation

  • Standard Deviation: 0.2126
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 446,160
  • High Value: 541,041
  • Low Value: 351,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,800
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Open Lien Mortgage Recording Date: May 11, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $246,800
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Market Valuation

  • Market Total Value: $235,390
  • Market Land Value: $27,036
  • Market Improvement Value: $208,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,390
  • Assessed Land Value: $27,036
  • Assessed Improvements Value: $208,354

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 11, 2017
  • Current Sale Transaction ID: 1812362870
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 07, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $27,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Mortgage Transaction Date: May 11, 2017
  • First Mortgage Loan Amount: $246,800
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wilson



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Frequently Asked Questions

What neighborhood is 5110 Armetus Road located in?
The 5110 Armetus Road is a located in the neighborhood of Wilson in Wilson, Sims.
What is the average sales price for listings in 5110 Armetus Road?
The average sales price for units in 5110 Armetus Road is $0 currently.

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