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702 Lowland Dairy Road

702 Lowland Dairy Road, Mount Holly, NC 28120
Property in Gaston
Sold Jan 07, 2021
$155,000
$168,000 by Fay Servicing Llc
Mortgage Due Mar 01, 2052
Sold Oct 04, 2017
$34,000
702 Lowland Dairy Road in Mount Holly, NC was first built in 1935 and is 89 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 702 Lowland Dairy Road has 1,160 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 96,703 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of metal. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Jan 4, 2021 for $155,000. That's $133.62 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2017 for $34,000. 702 Lowland Dairy Road was last assessed in 2023. The total value of the property was assessed at $265,440. Specifically, the land the property is located on was valued at $38,790. While improvements on the property were assessed at a total of $226,650. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,807. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 96,703
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.22
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: 14 059 010 00 000

Ownership

  • Current Owner : NC RE INVESTMENTS LLC
  • Previous Owner : ARCADIA CAPITAL LLC
  • Owner Before Previous Owner: PARKS MICHAEL WILLIAM
  • Owner Before Previous Owner 2: PARK GLENDA F
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: EAST GASTON FD
  • Census Tract: 030206

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB 14 MAP 59
  • District: EAST GASTON
  • Parcel: 176107
  • Municipality: EAST GASTON FD
  • Latitude: 35.3479
  • Longitude: -81.0241

    Address

  • Full Address: 702 Lowland Dairy Rd
  • Address - House Number: 702
  • Address - Street Name: Lowland Dairy
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Mount Holly
  • Carrier Code: R004
  • 4-Digit Zip Code: 9437
  • Zip Code: 28120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,807

    Appraisal Valuation

  • Standard Deviation: 0.3596
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 28
  • Final Value: 339,319
  • High Value: 461,363
  • Low Value: 217,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: FAY SERVICING LLC
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $168,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $55,670
  • Market Land Value: $29,590
  • Market Improvement Value: $26,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,440
  • Assessed Land Value: $38,790
  • Assessed Improvements Value: $226,650

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11822778721
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 04, 2017
  • Previous Sale Contract Date: Oct 03, 2017
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANCHOR LOANS INC
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $161,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Gaston



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Frequently Asked Questions

What neighborhood is 702 Lowland Dairy Road located in?
The 702 Lowland Dairy Road is a located in the neighborhood of Gaston in Gaston, Mount Holly.
What is the average sales price for listings in 702 Lowland Dairy Road?
The average sales price for units in 702 Lowland Dairy Road is $0 currently.

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