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853 Lance Road

853 Lance Road, Murphy, NC 28906
House in Cherokee
Sold Jul 12, 2017
$158,000
$171,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2049
Sold Nov 01, 2004
$177,000
853 Lance Road has been categorized by the local assessors in Murphy, NC as a residential type of property. The building on the property was first built in 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 853 Lance Road has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,560 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 39,640 square feet.

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 garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. 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. 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 cathedral style roof made of asphalt. The exterior walls of the building are made of wood siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 853 Lance Road sold most recently in Jul 6, 2017 for a total of $158,000. If you work out the math, that's approximately a cost of $126.60 per sqft. Before that, the property was also sold for $177,000 in Nov 1, 2004. 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 $1,164 in taxes each year. 853 Lance Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,290. 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: 2001
  • Effective Year Built: 2006
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 39,640
  • Lot Size Depth Feet: 3,560
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,248
  • Gross Building Area: 2,404
  • Building Area: 1,248
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARM
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 THE FARM 1564/496

Ownership

  • Current Owner : CORREIA RICHARD A
  • Previous Owner : MICHAELS PHILIP
  • Previous Owner 2: MICHAELS CECILIA ANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cherokee County Schools
  • Census Tract: 930502

Geography

  • Account Number: 48910
  • Parcel: 448901056969000
  • Lot: 8
  • Municipality: THE FARM
  • Latitude: 35.0058
  • Longitude: -84.0763

    Address

  • Full Address: 853 Lance Rd
  • Address - House Number: 853
  • Address - Street Name: Lance
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Murphy
  • Carrier Code: R002
  • 4-Digit Zip Code: 2288
  • Zip Code: 28906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,164

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 364,018
  • High Value: 492,920
  • Low Value: 235,115

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $210,650
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 03, 2019
  • First Open Lien Mortgage Loan Amount: $171,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049
  • Second Open Lien Mortgage Lender: SPRING EQ, LLC
  • Second Open Lien Mortgage Recording Date: Jun 15, 2023
  • Second Open Lien Mortgage Loan Amount: $39,650
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $165,290
  • Market Land Value: $10,000
  • Market Improvement Value: $155,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,290

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 12, 2017
  • Current Sale Transaction ID: 1731679291
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 03010
  • Previous Sale Recording Date: Nov 01, 2004
  • Previous Sale Contract Date: Nov 01, 2004
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Deed

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 853 Lance Road located in?
The 853 Lance Road is a house located in the neighborhood of Cherokee in Cherokee, Murphy.
What is the average sales price for listings in 853 Lance Road?
The average sales price for units in 853 Lance Road is $0 currently.

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