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705 St Michaels Lane

705 St Michaels Lane, Gastonia, NC 28052
Property in Gaston
Sold May 20, 2022
$205,000
$205,000 by Nationwide Mortgage Bankers In
Mortgage Due Dec 01, 2052
Sold May 20, 2022
$190,000
705 St Michaels Lane has been categorized by the local assessors in Gastonia, NC as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 705 St Michaels Lane has 2,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,038 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of shingle (not wood). The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in May 19, 2022 for $205,000. That's $102.50 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2022 for $190,000. 705 St Michaels Lane was last assessed in 2023. The total value of the property was assessed at $238,730. Specifically, the land the property is located on was valued at $23,000. While improvements on the property were assessed at a total of $215,730. 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 $2,578. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLCREST SUBDIVISION
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: HILLCREST BLK B L 9 01 076 058 00 000

Ownership

  • Current Owner : WAITE ANDREW A
  • Previous Owner : MARATHON INVESTMENT GROUP LLC
  • Owner Before Previous Owner: PARAGON ALLIANCE LLC

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: GASTONIA CITY
  • Census Tract: 032900

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 7 PG 93
  • District: GASTONIA CIT
  • Parcel: 112250
  • Block: B
  • Municipality: GASTONIA CITY
  • Latitude: 35.2461
  • Longitude: -81.1988

    Address

  • Full Address: 705 Saint Michaels Ln
  • Address - House Number: 705
  • Address - Street Name: Saint Michaels
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Gastonia
  • Carrier Code: C025
  • 4-Digit Zip Code: 6163
  • Zip Code: 28052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,578

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 68
  • Final Value: 305,836
  • High Value: 374,629
  • Low Value: 237,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: NATIONWIDE MORTGAGE BANKERS IN
  • First Open Lien Mortgage Recording Date: Nov 28, 2022
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $163,380
  • Market Land Value: $18,000
  • Market Improvement Value: $145,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,730
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $215,730

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11890358200
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 20, 2022
  • Previous Sale Contract Date: May 18, 2022
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

About Gastonia



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Nearby Rentals

Unit for rent at 407 Chester Street, Gastonia, NC, 28052

$1,245 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,060 ft²
407 Chester Street #8, Gastonia, NC, 28052 Listing by Christopher Newbern

Frequently Asked Questions

What neighborhood is 705 St Michaels Lane located in?
The 705 St Michaels Lane is a located in the neighborhood of Gaston in Gastonia, Gastonia.
What is the average sales price for listings in 705 St Michaels Lane?
The average sales price for units in 705 St Michaels Lane is $0 currently.

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