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708 Magnolia Crossing Circle Northwest

708 Magnolia Crossing Circle Northwest, Concord, NC 28027
Sold Sep 02, 2020
$159,000
$156,021 by Arc Home Llc
Mortgage Due Oct 01, 2050
Sold Dec 22, 2017
$131,000
$35,000 by Habitat For Humanity Cabarrus
Mortgage Due Feb 01, 2030
708 Magnolia Crossing Circle Northwest has been categorized by the local assessors in Concord, NC as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 3 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, 708 Magnolia Crossing Circle Northwest has 1,091 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 1,000 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,663 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. For the features and amenities located on the property. There is a offsite garage for those who require parking. Residents will have the luxury of enjoying a open porch. 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 style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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, 708 Magnolia Crossing Circle Northwest sold most recently in Aug 29, 2020 for a total of $159,000. If you work out the math, that's approximately a cost of $145.74 per sqft. Before that, the property was also sold for $131,000 in Dec 22, 2017. 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 $1,620 in taxes each year. 708 Magnolia Crossing Circle Northwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $132,750. If we break it down further, the land itself was valued at $17,000. Improvements to the property, however, were assessed at a total of $115,750. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,091
  • Gross Building Area: 1,397
  • Building Area: 1,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,091
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA CROSSING
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 5 MAGNOLIA CROSSING

Ownership

  • Current Owner : GRAY MARC G
  • Previous Owner : EWING JENNIFER M
  • Previous Owner 2: EWING JEFFREY S
  • Owner Before Previous Owner: HABITAT FOR HUMANITY CABARRUS COUNTY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kannapolis City Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 041901

Zoning

  • Zoning: RC

Geography

  • Account Number: 140076
  • District: 04
  • Parcel: 5621 11 9704
  • Lot: 5
  • Municipality: KANNAPOLIS
  • Latitude: 35.4203
  • Longitude: -80.6049

    Address

  • Full Address: 708 Magnolia Crossing Cir Nw
  • Address - House Number: 708
  • Street Segment Direction: NW
  • Address - Street Name: Magnolia Crossing
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Concord
  • Carrier Code: C034
  • 4-Digit Zip Code: 6062
  • Zip Code: 28027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,620
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.0893
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 92
  • Final Value: 150,331
  • High Value: 163,764
  • Low Value: 136,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,021
  • First Open Lien Mortgage Lender: ARC HOME LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Loan Amount: $156,021
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $132,750
  • Market Land Value: $17,000
  • Market Improvement Value: $115,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,750
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $115,750

    Sales

  • Current Sale Contract Date: Aug 29, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11786250004
  • Current Sale Price: $159,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 22, 2017
  • Previous Sale Contract Date: Dec 22, 2017
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARC HOME LLC
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $156,021
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HABITAT FOR HUMANITY CABARRUS
  • Previous Mortgage Transaction Date: Dec 22, 2017
  • Previous Mortgage Loan Amount: $35,000
  • Previous Mortgage Term: 145
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Feb 01, 2030

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Frequently Asked Questions

What neighborhood is 708 Magnolia Crossing Circle Northwest located in?
The 708 Magnolia Crossing Circle Northwest is a house located in the neighborhood of Magnolia Crossing in Central Drive South, Concord.
What is the average sales price for listings in 708 Magnolia Crossing Circle Northwest?
The average sales price for units in 708 Magnolia Crossing Circle Northwest is $0 currently.

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