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542 New King Road

542 New King Road, Smithfield, NC 27577
Property in Johnston
Sold Jul 02, 2007
$118,000
$95,816 by Bsm Financial Lp
Mortgage Due Jul 01, 2037
542 New King Road has been categorized by the local assessors in Smithfield, NC as a residential type of property. The building on the property was first built in 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2008. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 New King Road has 2,040 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. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 542 New King Road was last sold in Jun 28, 2007 for $118,000. According to our calculations, that's $57.84 per sqft. Current property owners are expected to pay $1,017 in taxes per year. The property on 542 New King Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $125,570. To break that down further, the land itself was valued at $20,500. While improvements to the property were assessed at a total of $105,070. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,040
  • Gross Building Area: 2,264
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,040
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: LT A 70/123 2632

Ownership

  • Current Owner : BRASWELL TIMOTHY
  • Current Owner 2: BRASWELL VICKIE HINSON
  • Previous Owner : BRASWELL HUBERT R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 37
  • School Tax District Code 2: 04
  • Census Tract: 040501

Zoning

  • Zoning: RAG

Geography

  • Assessors Map Reference: BK: 70 PG: 123
  • Account Number: 2000133050
  • District: 4
  • Parcel: 04010003O
  • Lot: A
  • Municipality: BROGDEN
  • Latitude: 35.4668
  • Longitude: -78.2228

    Address

  • Full Address: 542 New King Rd
  • Address - House Number: 542
  • Address - Street Name: New King
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Smithfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 7116
  • Zip Code: 27577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,017
  • Tax Rate Code Area: C,FR37

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 81
  • Final Value: 236,155
  • High Value: 272,575
  • Low Value: 199,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,816
  • First Open Lien Mortgage Lender: BSM FINANCIAL LP
  • First Open Lien Mortgage Recording Date: Jul 02, 2007
  • First Open Lien Mortgage Loan Amount: $95,816
  • 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, 2037

    Market Valuation

  • Market Total Value: $125,570
  • Market Land Value: $20,500
  • Market Improvement Value: $105,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,570
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $105,070

    Sales

  • Current Sale Contract Date: Jun 28, 2007
  • Current Sale Recording Date: Jul 02, 2007
  • Current Sale Transaction ID: 1140951494
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2007181346

    Last Sale Mortgage

  • First Mortgage Lender: BSM FINANCIAL LP
  • First Mortgage Transaction Date: Jul 02, 2007
  • First Mortgage Loan Amount: $95,816
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2037

About Johnston



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Frequently Asked Questions

What neighborhood is 542 New King Road located in?
The 542 New King Road is a located in the neighborhood of Johnston in Johnston, Smithfield.
What is the average sales price for listings in 542 New King Road?
The average sales price for units in 542 New King Road is $0 currently.

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