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8550 Faraway Drive

8550 Faraway Drive, Connellys Springs, NC 28612
Property in Burke
Sold Mar 23, 2016
$50,000
$40,000 by Truliant Fcu
Mortgage Due Apr 01, 2046
Local assessors in Connellys Springs, NC have categorized 8550 Faraway Drive as a residential type of property. The home was built in 1985 and is 39 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 22,651 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, 2 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 8550 Faraway Drive has a total of 864 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. 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 frame 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 roof that is made of asphalt. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. 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, 8550 Faraway Drive was last sold in Mar 18, 2016 for $50,000. According to our calculations, that's $57.87 per sqft. Current property owners are expected to pay $713 in taxes per year. The property on 8550 Faraway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,860. To break that down further, the land itself was valued at $3,747. While improvements to the property were assessed at a total of $86,113. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1985
  • Effective Year Built: 1990
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PINE MOUNTAIN LAKES
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 8550 FARAWAY DR CONNELLY SPRINGS, NC 28612

Ownership

  • Current Owner : SHIFFLETT KEITH LAWRENCE
  • Current Owner 2: SHIFFLETT LINDA REEDY
  • Previous Owner : BRAUN CHARLES
  • Previous Owner 2: BRAUN DOROTHY

Neighborhood

  • School District Name: Burke County Schools
  • School Tax School District: SOUTH MOUNTAIN
  • School Tax District Code 2: BURKE COUNTY LA
  • Census Tract: 021302

Zoning

  • Zoning: RURAL MIXE

Geography

  • District: 108
  • Parcel: 34290
  • Municipality: LOWER FORK
  • Latitude: 35.5751
  • Longitude: -81.6274

    Address

  • Full Address: 8550 Faraway Dr
  • Address - House Number: 8550
  • Address - Street Name: Faraway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Connelly Springs
  • Carrier Code: R091
  • 4-Digit Zip Code: 7127
  • Zip Code: 28612

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $713
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 329,464
  • High Value: 442,681
  • Low Value: 216,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: TRULIANT FCU
  • First Open Lien Mortgage Recording Date: Mar 23, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $89,860
  • Market Land Value: $3,747
  • Market Improvement Value: $86,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,860
  • Assessed Land Value: $3,747
  • Assessed Improvements Value: $86,113

    Sales

  • Current Sale Contract Date: Mar 18, 2016
  • Current Sale Recording Date: Mar 23, 2016
  • Current Sale Transaction ID: 1490635862
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016002334

    Last Sale Mortgage

  • First Mortgage Lender: TRULIANT FCU
  • First Mortgage Transaction Date: Mar 23, 2016
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Burke



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 8550 Faraway Drive located in?
The 8550 Faraway Drive is a located in the neighborhood of Burke in Burke, Connellys Springs.
What is the average sales price for listings in 8550 Faraway Drive?
The average sales price for units in 8550 Faraway Drive is $0 currently.

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