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515 Stratford Road

515 Stratford Road, Troutman, NC 28166
Property in Iredell
Sold Jun 29, 2020
$175,000
$171,830 by Movement Mortgage
Mortgage Due Jul 01, 2050
Sold Nov 28, 2016
$135,000
$85,000 by Primary Residential Mortgage I
Mortgage Due Dec 01, 2046
Local assessors in Troutman, NC have categorized 515 Stratford Road as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 Stratford Road has a total of 1,682 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 style roof that was made of asphalt. Lots of wood 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. Residents rely on central air conditioning for their cooling system. The home's a heat pump 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, 515 Stratford Road sold most recently in Jun 29, 2020 for a total of $175,000. If you work out the math, that's approximately a cost of $104.04 per sqft. Before that, the property was also sold for $135,000 in Nov 28, 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 $3,575 in taxes each year. 515 Stratford Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $319,520. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $284,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1981
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,682
  • Gross Building Area: 1,702
  • Building Area: 1,682
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,682
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INGLEWOOD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L50 INGLEWOOD S-2 PB 12-34

Ownership

  • Current Owner : GOMEZ RAYMOND M
  • Current Owner 2: GOMEZ CLAUDIA MABEL
  • Previous Owner : TATE DAVID COLEMAN
  • Owner Before Previous Owner: GREENE LEE GLORIA A
  • Owner Before Previous Owner 2: GREENE LEE GLORIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: CI02
  • School Tax District Code 3: SW
  • Census Tract: 061202

Zoning

  • Zoning: RT

Geography

  • Assessors Map Reference: MAP:4731
  • Account Number: 80072702
  • District: 15
  • Parcel: 4731-53-9476.000
  • Block: 53
  • Lot: 50
  • Municipality: FALLSTOWN
  • Latitude: 35.6955
  • Longitude: -80.8998

    Address

  • Full Address: 515 Stratford Rd
  • Address - House Number: 515
  • Address - Street Name: Stratford
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Troutman
  • Carrier Code: R052
  • 4-Digit Zip Code: 9696
  • Zip Code: 28166

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,575
  • Tax Rate Code Area: FR05 FR06

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 63
  • Final Value: 316,638
  • High Value: 398,063
  • Low Value: 235,214

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,830
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $171,830
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $319,520
  • Market Land Value: $35,000
  • Market Improvement Value: $284,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,520
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $284,520

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11770333859
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 28, 2016
  • Previous Sale Contract Date: Nov 28, 2016
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Nov 28, 2016
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Iredell



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Frequently Asked Questions

What neighborhood is 515 Stratford Road located in?
The 515 Stratford Road is a located in the neighborhood of Iredell in Iredell, Troutman.
What is the average sales price for listings in 515 Stratford Road?
The average sales price for units in 515 Stratford Road is $0 currently.

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