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7555 Southbrook Lane

7555 Southbrook Lane, Snow Camp, NC 27349
Property in Alamance
Sold Oct 27, 2020
$131,000
$124,961 by Vanderbilt Mortgage & Finance
Mortgage Due Nov 01, 2043
Sold Jun 10, 2013
$61,000
$48,800 by Wells Fargo Bank Na
Mortgage
Local assessors in Snow Camp, NC have categorized 7555 Southbrook Lane as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 53,143 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7555 Southbrook Lane has a total of 1,344 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7555 Southbrook Lane was last sold in Oct 26, 2020 for $131,000. According to our calculations, that's $97.47 per sqft. Prior to that sales transaction, the property was sold for $61,000 in Jun 7, 2013. Current property owners are expected to pay $843 in taxes per year. The property on 7555 Southbrook Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,273. To break that down further, the land itself was valued at $28,534. While improvements to the property were assessed at a total of $133,739. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTHBROOK MDWS
  • Land Acres: 1.22
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SOUTHBROOK MEADOWS SUBD LT 21 8-25-63

Ownership

  • Current Owner : TOVAR RABECKA MERCHANT
  • Current Owner 2: RUIZ JOSE MARIO
  • Previous Owner : RICCI ROBERT J
  • Owner Before Previous Owner: CLAPP DARLYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alamance-Burlington Schools
  • School Tax School District: SOUTHERN
  • Census Tract: 021803

Geography

  • Assessors Map Reference: PM 8777
  • Account Number: 697042
  • Parcel: 102710
  • Lot: 21
  • Municipality: NEWLIN
  • Latitude: 35.8771
  • Longitude: -79.4236

    Address

  • Full Address: 7555 Southbrook Ln
  • Address - House Number: 7555
  • Address - Street Name: Southbrook
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Snow Camp
  • Carrier Code: R004
  • 4-Digit Zip Code: 9156
  • Zip Code: 27349

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $843
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 187,915
  • High Value: 231,007
  • Low Value: 144,823

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,961
  • First Open Lien Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $124,961
  • First Open Lien Mortgage Term: 276
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2043

    Market Valuation

  • Market Total Value: $162,273
  • Market Land Value: $28,534
  • Market Improvement Value: $133,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,273
  • Assessed Land Value: $28,534
  • Assessed Improvements Value: $133,739

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11796483807
  • Current Sale Price: $131,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20629
  • Previous Sale Recording Date: Jun 10, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $124,961
  • First Mortgage Terms: 276
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 10, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $48,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Alamance



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Frequently Asked Questions

What neighborhood is 7555 Southbrook Lane located in?
The 7555 Southbrook Lane is a located in the neighborhood of Alamance in Alamance, Snow Camp.
What is the average sales price for listings in 7555 Southbrook Lane?
The average sales price for units in 7555 Southbrook Lane is $0 currently.

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