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7915 Red Lantern Road

7915 Red Lantern Road, Indian Trail, NC 28079
Property in Union
Sold Sep 23, 2020
$190,000
Sold Feb 10, 2014
$99,000
$97,206 by Stonegate Mortgage Corp
Mortgage Due Mar 01, 2044
Local assessors in Indian Trail, NC have categorized 7915 Red Lantern Road as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 14,201 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 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 7915 Red Lantern Road has a total of 1,329 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 wood 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 - C. The building has a gable style roof that was made of composition shingle. Lots of wood 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 forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7915 Red Lantern Road was last sold in Sep 22, 2020 for $190,000. According to our calculations, that's $142.96 per sqft. Prior to that sales transaction, the property was sold for $99,000 in Jan 31, 2014. Current property owners are expected to pay $1,704 in taxes per year. The property on 7915 Red Lantern Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $200,800. To break that down further, the land itself was valued at $36,800. While improvements to the property were assessed at a total of $164,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,201
  • Total Building Area: 1,329
  • Gross Building Area: 1,923
  • Building Area: 1,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,329
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEACON HILLS
  • Land Acres: 0.326
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: #8 BLK E BEACON HILLS SEC

Ownership

  • Current Owner : CABINESS CHRISTOPHER NICK
  • Previous Owner : MANGUM ROBERT JAKE
  • Owner Before Previous Owner: TANNER LAVERN

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020310

Zoning

  • Zoning: SF-1 INDIA

Geography

  • District: 7
  • Parcel: 07-057-410
  • Block: E
  • Lot: 8
  • Municipality: VANCE TWP
  • Latitude: 35.1136
  • Longitude: -80.6273

    Address

  • Full Address: 7915 Red Lantern Rd
  • Address - House Number: 7915
  • Address - Street Name: Red Lantern
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Indian Trail
  • Carrier Code: R039
  • 4-Digit Zip Code: 8633
  • Zip Code: 28079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,704
  • Tax Rate Code Area: 623

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 323,017
  • High Value: 378,555
  • Low Value: 267,478

    Market Valuation

  • Market Total Value: $200,800
  • Market Land Value: $36,800
  • Market Improvement Value: $164,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,800
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $164,000

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Transaction ID: 11789426017
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37937
  • Previous Sale Recording Date: Feb 10, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Sep 23, 2020
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STONEGATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 10, 2014
  • Previous Mortgage Loan Amount: $97,206
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Indian Trail



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Frequently Asked Questions

What neighborhood is 7915 Red Lantern Road located in?
The 7915 Red Lantern Road is a located in the neighborhood of Union in Indian Trail, Indian Trail.
What is the average sales price for listings in 7915 Red Lantern Road?
The average sales price for units in 7915 Red Lantern Road is $0 currently.

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