Check Availability

5293 Mineral Springs Ridge

5293 Mineral Springs Ridge, Valdese, NC 28690
Property in Burke
Sold Aug 29, 2012
Transfer
$192,000 by Truist Bank
Mortgage Due Jul 01, 2041
Local assessors in Valdese, NC have categorized 5293 Mineral Springs Ridge as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 31,799 square feet. 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 8 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 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 5293 Mineral Springs Ridge has a total of 2,436 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 well 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 detached garage for those who need a place to park their vehicle. The garage on the property is 588 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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+. The building has a roof that is made of asphalt. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,670 in taxes each year. 5293 Mineral Springs Ridge was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $237,886. If we break it down further, the land itself was valued at $36,191. Improvements to the property, however, were assessed at a total of $201,695. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1977
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,064
  • Garage Type: Detached
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5293 MINERAL SPRINGS RDG VALDESE, NC 28690

Ownership

  • Current Owner : GRAYBEAL CHRISTOPHER E
  • Previous Owner : GRAYBEAL KELLY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: LOVELADY FD TAX
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 021201

Zoning

  • Zoning: RESIDENTIA

Geography

  • District: 103
  • Parcel: 33667
  • Municipality: LOVELADY
  • Latitude: 35.7169
  • Longitude: -81.5506

    Address

  • Full Address: 5293 Mineral Springs Rdg
  • Address - House Number: 5293
  • Address - Street Name: Mineral Springs
  • Address - Suffix Type: Rdg
  • State: NC
  • City Name: Valdese
  • Carrier Code: R001
  • 4-Digit Zip Code: 8797
  • Zip Code: 28690

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,670
  • Tax Rate Code Area: 3073

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 350,930
  • High Value: 471,524
  • Low Value: 230,335

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $224,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 28, 2021
  • First Open Lien Mortgage Loan Amount: $192,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 06, 2023
  • Second Open Lien Mortgage Loan Amount: $32,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $237,886
  • Market Land Value: $36,191
  • Market Improvement Value: $201,695

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,886
  • Assessed Land Value: $36,191
  • Assessed Improvements Value: $201,695

    Sales

  • Current Sale Contract Date: Aug 27, 2012
  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Transaction ID: 1068007951
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2012007524

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Aug 29, 2012
  • First Mortgage Loan Amount: $164,326
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2027

About Burke



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5293 Mineral Springs Ridge located in?
The 5293 Mineral Springs Ridge is a located in the neighborhood of Burke in Burke, Valdese.
What is the average sales price for listings in 5293 Mineral Springs Ridge?
The average sales price for units in 5293 Mineral Springs Ridge is $0 currently.

Quantcast