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71 40th Avenue Drive Northeast

71 40th Avenue Drive Northeast, Hickory, NC 28601
Property in Catawba
Sold Sep 15, 2022
$355,000
Sold Jun 30, 2020
$235,000
$223,250 by Primary Residential Mortgage I
Mortgage Due Jul 01, 2050
Local assessors in Hickory, NC have categorized 71 40th Avenue Drive Northeast as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 2,178 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 71 40th Avenue Drive Northeast has a total of 1,838 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 71 40th Avenue Drive Northeast sold most recently in Sep 15, 2022 for a total of $355,000. If you work out the math, that's approximately a cost of $193.14 per sqft. Before that, the property was also sold for $235,000 in Jun 29, 2020. 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 $2,666 in taxes each year. 71 40th Avenue Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $312,400. If we break it down further, the land itself was valued at $26,000. Improvements to the property, however, were assessed at a total of $286,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,838
  • Building Area: 1,838
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,838
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONEY CREEK TOWNHOMES PH 2
  • Land Acres: 0.05
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LOT 7 PLAT 57-90

Ownership

  • Current Owner : MALLONEE JAMES ELBERT
  • Current Owner 2: MALLONEE DENISE W
  • Previous Owner : MORRIS WALTERS BRADFORD
  • Previous Owner 2: MORRIS JENNIFER
  • Owner Before Previous Owner: LAFRANCIS JAMES GEORGE
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Hickory City Schools
  • School Tax School District: HICKORY
  • Census Tract: 010302

Zoning

  • Zoning: R-2

Geography

  • Parcel: 3714-05-17-9824
  • Lot: 7
  • Municipality: HICKORY
  • Latitude: 35.7827
  • Longitude: -81.3201

    Address

  • Full Address: 71 40th Avenue Dr Ne
  • Address - House Number: 71
  • Street Segment Direction: NE
  • Address - Street Name: 40th Avenue
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Hickory
  • Carrier Code: R031
  • 4-Digit Zip Code: 9088
  • Zip Code: 28601

Valuation

    Tax

  • Total Area: 816
  • Tax Year: 2023
  • Tax Amount: $2,666
  • Tax Rate Code Area: HICKORY

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 365,648
  • High Value: 457,610
  • Low Value: 273,687

    Market Valuation

  • Market Total Value: $312,400
  • Market Land Value: $26,000
  • Market Improvement Value: $286,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,400
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Transaction ID: 11896098506
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20198
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Jun 30, 2020
  • Previous Mortgage Loan Amount: $223,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Hickory



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 71 40th Avenue Drive Northeast located in?
The 71 40th Avenue Drive Northeast is a located in the neighborhood of Catawba in Hickory, Hickory.
What is the average sales price for listings in 71 40th Avenue Drive Northeast?
The average sales price for units in 71 40th Avenue Drive Northeast is $0 currently.

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