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7096 Ridgeway Road

7096 Ridgeway Road, Stanley, NC 28164
Property in Lincoln
Sold Nov 24, 2020
$360,000
$297,500 by Homestar Financial Corp
Mortgage Due Dec 01, 2050
Sold Mar 28, 2003
$230,000
7096 Ridgeway Road in Stanley, NC was first built in 2002 and is 22 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 custom style. There are a total of 1 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7096 Ridgeway Road has 2,986 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 34,717 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7096 Ridgeway Road sold most recently in Nov 24, 2020 for a total of $360,000. If you work out the math, that's approximately a cost of $120.56 per sqft. Before that, the property was also sold for $230,000 in Mar 28, 2003. 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 $2,978 in taxes each year. 7096 Ridgeway Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $475,181. If we break it down further, the land itself was valued at $53,000. Improvements to the property, however, were assessed at a total of $422,181. 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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Concrete
  • Building Style: Custom
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,717
  • Total Building Area: 2,986
  • Building Area: 2,986
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST RDG
  • Land Acres: 0.797
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #60 FOREST RIDGE

Ownership

  • Current Owner : RICE ANDREA PANGLE
  • Previous Owner : EDWARDS CHARLES H
  • Previous Owner 2: EDWARDS AMIE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln County Schools
  • School Tax School District: EAST LINCOLN
  • Census Tract: 071102

Zoning

  • Zoning: R-T

Geography

  • Assessors Map Reference: 4601
  • Account Number: 281718
  • District: 005
  • Parcel: 72931
  • Municipality: CATAWBA SPRINGS
  • Latitude: 35.413
  • Longitude: -80.9871

    Address

  • Full Address: 7096 Ridgeway Rd
  • Address - House Number: 7096
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Stanley
  • Carrier Code: R011
  • 4-Digit Zip Code: 9754
  • Zip Code: 28164

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,978
  • Tax Rate Code Area: EAST LINCO

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 527,001
  • High Value: 634,305
  • Low Value: 419,697

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $364,500
  • First Open Lien Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $297,500
  • 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, 2050
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 14, 2022
  • Second Open Lien Mortgage Loan Amount: $17,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 14, 2052
  • Third Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Mar 08, 2024
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Mar 08, 2054

    Market Valuation

  • Market Total Value: $475,181
  • Market Land Value: $53,000
  • Market Improvement Value: $422,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,181
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $422,181

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11802825527
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 620543
  • Previous Sale Recording Date: Mar 28, 2003
  • Previous Sale Contract Date: Mar 28, 2003
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $297,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Lowesville



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Frequently Asked Questions

What neighborhood is 7096 Ridgeway Road located in?
The 7096 Ridgeway Road is a located in the neighborhood of Lincoln in Lowesville, Stanley.
What is the average sales price for listings in 7096 Ridgeway Road?
The average sales price for units in 7096 Ridgeway Road is $0 currently.

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