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55 Mill Springs Road

55 Mill Springs Road, Burnsville, NC 28714
House in Yancey
Sold Jan 17, 2017
$132,000
$55,000 by First Bank
Mortgage Due Aug 01, 2034
Local assessors in Burnsville, NC have categorized 55 Mill Springs Road as a residential type of property. The home was built in 1950 and is 74 years old. 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 traditional 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, 3 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 55 Mill Springs Road has a total of 1,158 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 275 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 55 Mill Springs Road was last sold in Jan 11, 2017 for $132,000. According to our calculations, that's $113.99 per sqft. Current property owners are expected to pay $1,017 in taxes per year. The property on 55 Mill Springs Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $149,490. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $109,490. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,158
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)

Ownership

  • Current Owner : MINASI KAREN
  • Previous Owner : AP DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Yancey County Schools
  • School Tax School District: BURNSVILLE FIRE
  • Census Tract: 960200

Geography

  • Assessors Map Reference: 01014 0442
  • Account Number: 83763
  • Parcel: 083001050468.000
  • Municipality: BURNSVILLE
  • Latitude: 35.9192
  • Longitude: -82.2762

    Address

  • Full Address: 55 Mill Spring Rd
  • Address - House Number: 55
  • Address - Street Name: Mill Spring
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Burnsville
  • Carrier Code: C002
  • 4-Digit Zip Code: 7257
  • Zip Code: 28714

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 10
  • Final Value: 129,490
  • High Value: 187,525
  • Low Value: 71,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2019
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,490
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $109,490

    Sales

  • Current Sale Contract Date: Jan 11, 2017
  • Current Sale Recording Date: Jan 17, 2017
  • Current Sale Transaction ID: 1937841401
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-00126

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 17, 2017
  • First Mortgage Loan Amount: $125,305
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

About Yancey



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Frequently Asked Questions

What neighborhood is 55 Mill Springs Road located in?
The 55 Mill Springs Road is a house located in the neighborhood of Yancey in Yancey, Burnsville.
What is the average sales price for listings in 55 Mill Springs Road?
The average sales price for units in 55 Mill Springs Road is $0 currently.

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