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617 Oakwood Lane

617 Oakwood Lane, Gastonia, NC 28056
House in Gaston
Sold Oct 12, 2017
$101,920
$177,350 by Freedom Mortgage Corporation
Mortgage Due Oct 01, 2053
Sold Jan 03, 2007
$84,755
617 Oakwood Lane in Gastonia, NC was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 617 Oakwood Lane has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,424 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of shingle (not wood). Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 617 Oakwood Lane sold most recently in Oct 11, 2017 for a total of $101,920. If you work out the math, that's approximately a cost of $88.47 per sqft. Before that, the property was also sold for $84,755 in Dec 28, 2006. 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 $1,618 in taxes each year. 617 Oakwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $232,850. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $214,850. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST ACRES SUBDIVISION SECTION #1
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: FOREST ACRES BLK A L 35 15 010 151 00 000

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : LAWS DAVID P
  • Previous Owner 2: LAWS SHANNON H
  • Owner Before Previous Owner: HODGE TERESA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: COMMUNITY FD
  • Census Tract: 031001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 28 PG 19
  • District: COMMUNITY FD
  • Parcel: 182857
  • Block: A
  • Municipality: COMMUNITY FD
  • Latitude: 35.2794
  • Longitude: -81.062

    Address

  • Full Address: 617 Oakwood Ln
  • Address - House Number: 617
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Gastonia
  • Carrier Code: R016
  • 4-Digit Zip Code: 9214
  • Zip Code: 28056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,618

    Appraisal Valuation

  • Standard Deviation: 0.2728
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 253,024
  • High Value: 322,069
  • Low Value: 183,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,350
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 22, 2023
  • First Open Lien Mortgage Loan Amount: $177,350
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $66,080
  • Market Land Value: $18,000
  • Market Improvement Value: $48,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,850
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $214,850

    Sales

  • Current Sale Contract Date: Oct 11, 2017
  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Transaction ID: 1736902080
  • Current Sale Price: $101,920
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Previous Sale Recording Date: Jan 03, 2007
  • Previous Sale Contract Date: Dec 28, 2006
  • Previous Sale Amount: $84,755
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Gaston



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Frequently Asked Questions

What neighborhood is 617 Oakwood Lane located in?
The 617 Oakwood Lane is a house located in the neighborhood of Gaston in Gaston, Gastonia.
What is the average sales price for listings in 617 Oakwood Lane?
The average sales price for units in 617 Oakwood Lane is $0 currently.

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