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107 Lost Farm Drive

107 Lost Farm Drive, Advance, NC 27006
House in Davie
Sold Nov 30, 2021
$585,000
$468,000 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2051
Sold Apr 09, 2020
$475,000
$395,000 by Quicken Loans Inc
Mortgage Due May 01, 2050
Local assessors in Advance, NC have categorized 107 Lost Farm Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 37,026 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 Lost Farm Drive has a total of 2,946 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 590 sqft. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 - A+. The building has a gable style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 107 Lost Farm Drive sold most recently in Nov 30, 2021 for a total of $585,000. If you work out the math, that's approximately a cost of $198.57 per sqft. Before that, the property was also sold for $475,000 in Apr 3, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,130 in taxes each year. 107 Lost Farm Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $517,960. If we break it down further, the land itself was valued at $48,000. Improvements to the property, however, were assessed at a total of $469,960. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: A+
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 590
  • Parking Space Count: 0
  • Porch Type: Screened porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 37,026
  • Total Building Area: 2,946
  • Gross Building Area: 4,452
  • Building Area: 2,946
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,946
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA ACRES
  • Land Acres: 0.85
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 32 MAGNOLIA ACRES PHASE II

Ownership

  • Current Owner : OGLE BRYAN S
  • Current Owner 2: OGLE ANITA B
  • Previous Owner : HITE JASON C
  • Previous Owner 2: HITE TRACI J
  • Owner Before Previous Owner: FORBES CHARLES STUART
  • Owner Before Previous Owner 2: FORBES BRANDI LYNNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davie County Schools
  • School Tax School District: 01
  • School Tax District Code 2: 07
  • Census Tract: 080400

Geography

  • Assessors Map Reference: BK 8 PG 0075
  • Account Number: 8316850
  • District: 07
  • Subdivision Phase Number: 2
  • Parcel: G9100A0032
  • Lot: 32
  • Municipality: SHADY GROVE
  • Latitude: 35.9453
  • Longitude: -80.401

    Address

  • Full Address: 107 Lost Farm Dr
  • Address - House Number: 107
  • Address - Street Name: Lost Farm
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Advance
  • Carrier Code: R003
  • 4-Digit Zip Code: 7497
  • Zip Code: 27006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,130
  • Tax Rate Code Area: C ,FR01,FI

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 66
  • Final Value: 650,606
  • High Value: 804,635
  • Low Value: 496,577

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $517,960
  • Market Land Value: $48,000
  • Market Improvement Value: $469,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,960
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $469,960

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11872492440
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8674
  • Previous Sale Recording Date: Apr 09, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Apr 09, 2020
  • Previous Mortgage Loan Amount: $395,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Advance



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 107 Lost Farm Drive located in?
The 107 Lost Farm Drive is a house located in the neighborhood of Davie in Advance, Advance.
What is the average sales price for listings in 107 Lost Farm Drive?
The average sales price for units in 107 Lost Farm Drive is $585,000 currently.

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