Sold Jul 19, 2019
$140,000
Buyer
Seller
$85,000
by United Community Bank
Mortgage Due Jan 01, 2044
625 Sam Corn Road in Otto, NC was first built in 2000 and is 24 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 unknown.
It is a single story home.
625 Sam Corn Road has 1,568 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 58,806 square feet.
Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. As for heating, the home is utilizing electricity. 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, 625 Sam Corn Road sold most recently in Jul 19, 2019 for a total of $140,000. If you work out the math, that's approximately a cost of $89.29 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 $0 in taxes each year. 625 Sam Corn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $187,780. If we break it down further, the land itself was valued at $72,780. Improvements to the property, however, were assessed at a total of $115,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.
Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. As for heating, the home is utilizing electricity. 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, 625 Sam Corn Road sold most recently in Jul 19, 2019 for a total of $140,000. If you work out the math, that's approximately a cost of $89.29 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 $0 in taxes each year. 625 Sam Corn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $187,780. If we break it down further, the land itself was valued at $72,780. Improvements to the property, however, were assessed at a total of $115,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.
625 Sam Corn Road, Otto, NC 28763
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