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7322 Morgan Mill Road

7322 Morgan Mill Road, Monroe, NC 28110
Property in Union
Sold Oct 06, 2006
$160,000
$128,000 by Cornerstone Home Lending
Mortgage Due Oct 01, 2036
7322 Morgan Mill Road has been categorized by the local assessors in Monroe, NC as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 4 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 7322 Morgan Mill Road has 2,220 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 174,240 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular 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. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. 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 brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 7322 Morgan Mill Road sold most recently in Sep 26, 2006 for a total of $160,000. If you work out the math, that's approximately a cost of $72.07 per sqft. 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 $1,069 in taxes each year. 7322 Morgan Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,600. If we break it down further, the land itself was valued at $45,800. Improvements to the property, however, were assessed at a total of $124,800. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7322 MORGAN MILL ROAD

Ownership

  • Current Owner : ORR CINDY CAROL
  • Previous Owner : BREWER GARRY WAYNE
  • Previous Owner 2: ESTATE OF EARL BREWER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020100

Zoning

  • Zoning: RA-40 UNIO

Geography

  • District: 8
  • Parcel: 08-042-021
  • Municipality: GOOSE CREEK TWP
  • Latitude: 35.1057
  • Longitude: -80.4472

    Address

  • Full Address: 7322 Morgan Mill Rd
  • Address - House Number: 7322
  • Address - Street Name: Morgan Mill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Monroe
  • Carrier Code: R003
  • 4-Digit Zip Code: 7545
  • Zip Code: 28110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,069
  • Tax Rate Code Area: 917

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 294,598
  • High Value: 339,435
  • Low Value: 249,762

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING
  • First Open Lien Mortgage Recording Date: Oct 06, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $128,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036
  • Second Open Lien Mortgage Lender: CORNERSTONE HOME LENDING
  • Second Open Lien Mortgage Recording Date: Oct 06, 2006
  • Second Open Lien Mortgage Loan Amount: $32,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $170,600
  • Market Land Value: $45,800
  • Market Improvement Value: $124,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,600
  • Assessed Land Value: $45,800
  • Assessed Improvements Value: $124,800

    Sales

  • Current Sale Contract Date: Sep 26, 2006
  • Current Sale Recording Date: Oct 06, 2006
  • Current Sale Transaction ID: 1139776965
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0046567

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING
  • First Mortgage Transaction Date: Oct 06, 2006
  • First Mortgage Loan Amount: $128,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Union



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Frequently Asked Questions

What neighborhood is 7322 Morgan Mill Road located in?
The 7322 Morgan Mill Road is a located in the neighborhood of Union in Union, Monroe.
What is the average sales price for listings in 7322 Morgan Mill Road?
The average sales price for units in 7322 Morgan Mill Road is $0 currently.

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