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705 North Chapel Street

705 North Chapel Street, Landis, NC 28088
Property in Rowan
Sold Jun 25, 2012
$65,000
$55,555 by Fifth Third Mortgage Co
Mortgage Due Jul 01, 2042
705 North Chapel Street in Landis, NC was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 705 North Chapel Street has 1,372 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. The linear feet across the front of the lot is 118 ft and the linear feet between the front and back of the lot is 110. In total, the area measurement of the land is 12,981 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. 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 alum/vinyl siding. 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 heat pump. The property was last sold in Jun 18, 2012 for $65,000. That's $47.38 per sqft. 705 North Chapel Street was last assessed in 2023. The total value of the property was assessed at $137,667. Specifically, the land the property is located on was valued at $30,444. While improvements on the property were assessed at a total of $107,223. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $857. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2003
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 118
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,372
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT A

Ownership

  • Current Owner : BASINGER WALTER WAYNE
  • Current Owner 2: BASINGER ANNE SHOEMAKER
  • Previous Owner : SHOEMAKER HUBERT BLAINE
  • Previous Owner 2: SHOEMAKER VIRGINIA W
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: EAST LANDIS
  • Census Tract: 051600

Geography

  • District: 13
  • Parcel: 163 06603
  • Lot: A
  • Municipality: EAST LANDIS FIRE DISTRICT
  • Latitude: 35.5512
  • Longitude: -80.6011

    Address

  • Full Address: 705 N Chapel St
  • Address - House Number: 705
  • Street Direction: N
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: NC
  • City Name: Landis
  • Carrier Code: C002
  • 4-Digit Zip Code: 1128
  • Zip Code: 28088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $857
  • Tax Rate Code Area: 138:EAST L

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 350,728
  • High Value: 474,924
  • Low Value: 226,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,555
  • First Open Lien Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jun 25, 2012
  • First Open Lien Mortgage Loan Amount: $55,555
  • 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: Jul 01, 2042

    Market Valuation

  • Market Total Value: $137,667
  • Market Land Value: $30,444
  • Market Improvement Value: $107,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,667
  • Assessed Land Value: $30,444
  • Assessed Improvements Value: $107,223

    Sales

  • Current Sale Contract Date: Jun 18, 2012
  • Current Sale Recording Date: Jun 25, 2012
  • Current Sale Transaction ID: 1071196260
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Jun 25, 2012
  • First Mortgage Loan Amount: $55,555
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2042

About Rowan



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Frequently Asked Questions

What neighborhood is 705 North Chapel Street located in?
The 705 North Chapel Street is a located in the neighborhood of Rowan in Rowan, Landis.
What is the average sales price for listings in 705 North Chapel Street?
The average sales price for units in 705 North Chapel Street is $0 currently.

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