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702 North McKay Avenue

702 North McKay Avenue, Dunn, NC 28334
Property in Harnett
Sold Sep 20, 2021
$120,000
$110,000 by Roger T May
Mortgage Due Oct 01, 2031
Sold Jul 01, 2005
$45,000
702 North McKay Avenue has been categorized by the local assessors in Dunn, NC as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 702 North McKay Avenue has 798 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 702 North McKay Avenue sold most recently in Sep 16, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $150.38 per sqft. Before that, the property was also sold for $45,000 in Jul 1, 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 $847 in taxes each year. The initial year of tax delinquency occurred in 2022. 702 North McKay Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $59,925. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 950
  • Total Building Area: 798
  • Building Area: 798
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 798
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L K ADLEY ESTATE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 LT 702 N MCKAY 95X150

Ownership

  • Current Owner : HERRERA CARLOS ROBERTO
  • Previous Owner : MAY ROBERT T
  • Owner Before Previous Owner: WHITE PAUL G

Neighborhood

  • School District Name: Harnett County Schools
  • School Tax School District: FR22
  • School Tax District Code 2: SC20
  • Census Tract: 070300

Zoning

  • Zoning: R10

Geography

  • Account Number: 1500044629
  • Parcel: 02151607450014
  • Lot: 702
  • Municipality: DUNN
  • Latitude: 35.3158
  • Longitude: -78.6099

    Address

  • Full Address: 702 N Mckay Ave
  • Address - House Number: 702
  • Street Direction: N
  • Address - Street Name: Mckay
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Dunn
  • Carrier Code: C002
  • 4-Digit Zip Code: 3335
  • Zip Code: 28334

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $847
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: SW FR22 SC

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 120,871
  • High Value: 146,819
  • Low Value: 94,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: ROGER T MAY
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $110,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2031
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $59,925
  • Market Land Value: $12,540
  • Market Improvement Value: $47,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,925

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11857229996
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021021947
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jul 01, 2005
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROGER T MAY
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Oct 01, 2031

About Dunn



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Frequently Asked Questions

What neighborhood is 702 North McKay Avenue located in?
The 702 North McKay Avenue is a located in the neighborhood of Harnett in Dunn, Dunn.
What is the average sales price for listings in 702 North McKay Avenue?
The average sales price for units in 702 North McKay Avenue is $0 currently.

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