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555 Bug Shop Road

555 Bug Shop Road, Princeton, NC 27569
Property in Johnston
Sold Apr 08, 2014
$36,000
$165,000 by Four Oaks Bank & Trust Co
Mortgage
Sold Feb 28, 2005
$28,000
Local assessors in Princeton, NC have categorized 555 Bug Shop Road as a residential type of property. The property's lot size has been calculated to be 43,560 square feet.

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 768 sqft. 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, 555 Bug Shop Road sold most recently in Apr 7, 2014 for a total of $36,000. Before that, the property was also sold for $28,000 in Feb 28, 2005. 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 $268 in taxes each year. 555 Bug Shop Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,880. If we break it down further, the land itself was valued at $21,700. Improvements to the property, however, were assessed at a total of $12,180. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 768
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: NCSR 2527

Ownership

  • Current Owner : SMITH PATRICK W
  • Current Owner 2: SMITH CRYSTAL P
  • Previous Owner : JOHNSON JOHNNIE REX
  • Previous Owner 2: JOHNSON ALICIA ROSE
  • Owner Before Previous Owner: JOHNSON JOHNNIE MARK
  • Owner Before Previous Owner 2: JOHNSON KELLY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 22
  • School Tax District Code 2: 04
  • Census Tract: 040501

Zoning

  • Zoning: RAG

Geography

  • Account Number: 2000200830
  • District: 4
  • Parcel: 04011193
  • Municipality: BOON HILL PRINCETON
  • Latitude: 35.4493
  • Longitude: -78.1985

    Address

  • Full Address: 555 Bugshop Rd
  • Address - House Number: 555
  • Address - Street Name: Bugshop
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Princeton
  • Carrier Code: R003
  • 4-Digit Zip Code: 8384
  • Zip Code: 27569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $268
  • Tax Rate Code Area: C,FR22

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 60
  • Final Value: 88,802
  • High Value: 113,467
  • Low Value: 64,136

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: FOUR OAKS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 16, 2017
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $33,880
  • Market Land Value: $21,700
  • Market Improvement Value: $12,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,880
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $12,180

    Sales

  • Current Sale Contract Date: Apr 07, 2014
  • Current Sale Recording Date: Apr 08, 2014
  • Current Sale Transaction ID: 1197501165
  • Current Sale Price: $36,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014415806
  • Previous Sale Recording Date: Feb 28, 2005
  • Previous Sale Contract Date: Feb 28, 2005
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: Warranty Deed

About Johnston



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Frequently Asked Questions

What neighborhood is 555 Bug Shop Road located in?
The 555 Bug Shop Road is a located in the neighborhood of Johnston in Johnston, Princeton.
What is the average sales price for listings in 555 Bug Shop Road?
The average sales price for units in 555 Bug Shop Road is $0 currently.

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