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8551 Faraway Drive

8551 Faraway Drive, Connellys Springs, NC 28612
Property in Burke
Sold Mar 04, 2009
$106,000
$76,000 by Bank Of America Na
Mortgage Due Mar 01, 2039
Sold Aug 31, 2005
$95,000
$85,500 by Unifour Mortgage Inc
Mortgage Due Sep 01, 2035
8551 Faraway Drive in Connellys Springs, NC was first built in 1985 and is 39 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8551 Faraway Drive has 1,728 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 45,302 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 8551 Faraway Drive was last sold in Feb 10, 2009 for $106,000. According to our calculations, that's $61.34 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Aug 30, 2005. Current property owners are expected to pay $1,168 in taxes per year. The property on 8551 Faraway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $155,213. To break that down further, the land itself was valued at $4,861. While improvements to the property were assessed at a total of $150,352. 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: 1995
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PINE MOUNTAIN LAKES
  • Land Acres: 1.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 8551 FARAWAY DR CONNELLY SPRINGS, NC 28612

Ownership

  • Current Owner : OHAGAN MICHAEL
  • Previous Owner : MILLS DIANNA
  • Owner Before Previous Owner: KRAMER LEON E
  • Is Owner Occupied: Owner-occupied property

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: 34407
  • Municipality: LOWER FORK
  • Latitude: 35.575
  • Longitude: -81.6269

    Address

  • Full Address: 8551 Faraway Dr
  • Address - House Number: 8551
  • 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: $1,168
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 339,880
  • High Value: 456,677
  • Low Value: 223,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 04, 2009
  • First Open Lien Mortgage Loan Amount: $76,000
  • 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: Mar 01, 2039

    Market Valuation

  • Market Total Value: $155,213
  • Market Land Value: $4,861
  • Market Improvement Value: $150,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,213
  • Assessed Land Value: $4,861
  • Assessed Improvements Value: $150,352

    Sales

  • Current Sale Contract Date: Feb 10, 2009
  • Current Sale Recording Date: Mar 04, 2009
  • Current Sale Transaction ID: 11443246157
  • Current Sale Price: $106,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009002045
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Contract Date: Aug 30, 2005
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 04, 2009
  • First Mortgage Loan Amount: $76,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: UNIFOUR MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 31, 2005
  • Previous Mortgage Loan Amount: $85,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Burke



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Frequently Asked Questions

What neighborhood is 8551 Faraway Drive located in?
The 8551 Faraway Drive is a located in the neighborhood of Burke in Burke, Connellys Springs.
What is the average sales price for listings in 8551 Faraway Drive?
The average sales price for units in 8551 Faraway Drive is $0 currently.

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