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5502 Strickland Road

5502 Strickland Road, Bailey, NC 27807
House in Nash
Sold Aug 17, 2020
$290,000
$284,747 by Primelending
Mortgage Due Sep 01, 2050
Local assessors in Bailey, NC have categorized 5502 Strickland Road 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 1998. The property's lot size has been calculated to be 90,605 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 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 3 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 5502 Strickland Road has a total of 2,296 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. 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 brick control joints. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. 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. According to our sources, 5502 Strickland Road sold most recently in Aug 13, 2020 for a total of $290,000. If you work out the math, that's approximately a cost of $126.31 per sqft. 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 $1,694 in taxes each year. 5502 Strickland Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,710. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1998
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Bi-level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E10 2B, 2 08 AC, PRIVETTE

Ownership

  • Current Owner : SILVA TANYA
  • Previous Owner : TAYLOR FRANK Q
  • Previous Owner 2: TAYLOR TAMMY U
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nash-Rocky Mount Schools
  • School Tax School District: NC22
  • School Tax District Code 2: STANHOPE
  • Census Tract: 011300

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: 276500
  • Account Number: 72093
  • Parcel: 276500-68-8076
  • Municipality: JACKSONS
  • Latitude: 35.8296
  • Longitude: -78.0995

    Address

  • Full Address: 5502 Strickland Rd
  • Address - House Number: 5502
  • Address - Street Name: Strickland
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Bailey
  • Carrier Code: R003
  • 4-Digit Zip Code: 8716
  • Zip Code: 27807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,694
  • Tax Rate Code Area: NC22 (F22

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 64
  • Final Value: 404,286
  • High Value: 506,677
  • Low Value: 301,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,747
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $284,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $203,710
  • Market Land Value: $20,290
  • Market Improvement Value: $183,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,710

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11781255641
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Nash



Similar Buildings

House at 5502 Strickland Road,

9675 South Nc

  • 1 Unit for Sale
9675 South Nc, Bailey, NC 27807

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5502 Strickland Road located in?
The 5502 Strickland Road is a house located in the neighborhood of Nash in Nash, Bailey.
What is the average sales price for listings in 5502 Strickland Road?
The average sales price for units in 5502 Strickland Road is $290,000 , or $106/sqft. currently.

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