Check Availability

7 Cabin Ridge Lane

7 Cabin Ridge Lane, Alexander, NC 28701
Property in Buncombe
Sold Jul 13, 2018
$65,000
$58,500 by Champion Cu
Mortgage Due Aug 01, 2038
Sold Oct 03, 2013
$30,220
Local assessors in Alexander, NC have categorized 7 Cabin Ridge Lane as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 43,124 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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 7 Cabin Ridge Lane has a total of 924 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. 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, 7 Cabin Ridge Lane sold most recently in Jul 12, 2018 for a total of $65,000. If you work out the math, that's approximately a cost of $70.35 per sqft. Before that, the property was also sold for $30,220 in Oct 2, 2013. 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 $416 in taxes each year. 7 Cabin Ridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,100. If we break it down further, the land itself was valued at $36,100. Improvements to the property, however, were assessed at a total of $27,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KHP INC
  • Land Acres: 0.99
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SUBDIV: KHP INC LOT: 1 PLAT: 0059-0139

Ownership

  • Current Owner : ELDER ALLAN EUGENE
  • Current Owner 2: GILLIAM ELDER MARGARET ANNE
  • Previous Owner : MOORE ERIN
  • Owner Before Previous Owner: LITTRELL SIENAMARIE ELIZABETH
  • Owner Before Previous Owner 2: LITTRELL RICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Buncombe County Schools
  • School Tax School District: FFB
  • Census Tract: 002604

Zoning

  • Zoning: OU

Geography

  • Assessors Map Reference: 9713-51
  • Account Number: 713505-2020-202
  • District: 27
  • Parcel: 9713-51-3353-00000
  • Lot: 1
  • Municipality: FRENCH BROAD
  • Latitude: 35.7046
  • Longitude: -82.6543

    Address

  • Full Address: 7 Cabin Ridge Ln
  • Address - House Number: 7
  • Address - Street Name: Cabin Ridge
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Alexander
  • Carrier Code: R003
  • 4-Digit Zip Code: 9308
  • Zip Code: 28701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416

    Appraisal Valuation

  • Standard Deviation: 0.2317
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 67
  • Final Value: 125,101
  • High Value: 154,094
  • Low Value: 96,109

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $58,500
  • First Open Lien Mortgage Lender: CHAMPION CU
  • First Open Lien Mortgage Recording Date: Jul 13, 2018
  • First Open Lien Mortgage Loan Amount: $58,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Market Valuation

  • Market Total Value: $63,100
  • Market Land Value: $36,100
  • Market Improvement Value: $27,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,100
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $27,000

    Sales

  • Current Sale Contract Date: Jul 12, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Transaction ID: 11481801633
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 03, 2013
  • Previous Sale Contract Date: Oct 02, 2013
  • Previous Sale Amount: $30,220
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: CHAMPION CU
  • First Mortgage Transaction Date: Jul 13, 2018
  • First Mortgage Loan Amount: $58,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2038

About Buncombe



Similar Buildings

Property at 7 Cabin Ridge Lane,

479 Curtis Parker Road

  • 1 Unit for Sale
  • 1 Story
479 Curtis Parker Road, Alexander, NC 28701

Nearby Rentals

Unit for rent at 824 Old Nc 20 Hwy, Alexander, NC, 28701

$2,395 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,424 ft²
824 Old Nc 20 Hwy #824 Old NC 20 Hwy, Alexander, NC, 28701 Listing by Manager
Unit for rent at 836 Old Nc 20 Hwy, Alexander, NC, 28701

$2,395 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,424 ft²
836 Old Nc 20 Hwy #836 Old NC 20 Hwy, Alexander, NC, 28701 Listing by Manager

Frequently Asked Questions

What neighborhood is 7 Cabin Ridge Lane located in?
The 7 Cabin Ridge Lane is a located in the neighborhood of Buncombe in Buncombe, Alexander.
What is the average sales price for listings in 7 Cabin Ridge Lane?
The average sales price for units in 7 Cabin Ridge Lane is $0 currently.

Quantcast