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710 Lake Wright Road

710 Lake Wright Road, China Grove, NC 28023
House in Wrightfield
Sold Feb 28, 2020
Transfer
$389,041 by Nations Lending Corporation
Mortgage Due Apr 01, 2052
Sold Sep 13, 2018
$352,800
Local assessors in China Grove, NC have categorized 710 Lake Wright Road as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 80,150 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 4 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 710 Lake Wright Road has a total of 4,230 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 748 sqft. 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 - A+. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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. Before that, the property was also sold for $352,800 in Sep 12, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,357 in taxes each year. 710 Lake Wright Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $790,749. If we break it down further, the land itself was valued at $86,400. Improvements to the property, however, were assessed at a total of $704,349. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

Carport
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A+
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 2,533
  • Garage Type: Garage
  • Garage Square Area: 748
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 80,150
  • Total Building Area: 4,230
  • Building Area: 4,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WRIGHT FIELD
  • Land Acres: 1.84
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L3 WRIGHT FIELD

Ownership

  • Current Owner : EDWARDS JOHNNY CHADWICK
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: GARCIA WILMER J
  • Owner Before Previous Owner 2: GARCIA IRENE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: ATWELL
  • Census Tract: 051802

Geography

  • District: 2
  • Parcel: 225 090
  • Municipality: ATWELL FIRE DISTRICT
  • Latitude: 35.5783
  • Longitude: -80.6376

    Address

  • Full Address: 710 Lake Wright Rd
  • Address - House Number: 710
  • Address - Street Name: Lake Wright
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: China Grove
  • Carrier Code: R001
  • 4-Digit Zip Code: 5745
  • Zip Code: 28023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,357
  • Tax Rate Code Area: 124:ATWELL

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 69
  • Final Value: 796,035
  • High Value: 974,653
  • Low Value: 617,417

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $453,886
  • First Open Lien Mortgage Lender: NATIONS LENDING CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $389,041
  • 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: Apr 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 07, 2023
  • Second Open Lien Mortgage Loan Amount: $64,845
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2063

    Market Valuation

  • Market Total Value: $790,749
  • Market Land Value: $86,400
  • Market Improvement Value: $704,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,749
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $704,349

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11741769776
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Sep 13, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $352,800
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $337,565
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

About Wrightfield



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Frequently Asked Questions

What neighborhood is 710 Lake Wright Road located in?
The 710 Lake Wright Road is a house located in the neighborhood of Wrightfield in Wrightfield, China Grove.
What is the average sales price for listings in 710 Lake Wright Road?
The average sales price for units in 710 Lake Wright Road is $0 currently.

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