2220 8th Avenue Loop Northwest
2220 8th Avenue Loop Northwest, Hickory, NC 28601
Property
in
Catawba
Sold Apr 26, 2006
$83,000
Seller
$66,400
by First Franklin Financial Corp
Mortgage Due May 01, 2036
Sold Oct 14, 2005
$29,000
Buyer
Seller
$29,000
by Capital Bank
Mortgage
2220 8th Avenue Loop Northwest has been categorized by the local assessors in Hickory, NC as a residential type of property.
The building on the property was first built in 1959 and is 65 years old.
However, we must point out that the home was most recently renovated and altered in 2005.
The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 2220 8th Avenue Loop Northwest has 900 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 1,550 ft and across the front of the lot is 1,250 ft.
The area measurement of the land has been determined as 20,038 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The exterior walls of the building are made of unknown. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 2220 8th Avenue Loop Northwest sold most recently in Apr 13, 2006 for a total of $83,000. If you work out the math, that's approximately a cost of $92.22 per sqft. Before that, the property was also sold for $29,000 in Oct 14, 2005. 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 $648 in taxes each year. 2220 8th Avenue Loop Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,800. If we break it down further, the land itself was valued at $10,700. Improvements to the property, however, were assessed at a total of $126,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The exterior walls of the building are made of unknown. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 2220 8th Avenue Loop Northwest sold most recently in Apr 13, 2006 for a total of $83,000. If you work out the math, that's approximately a cost of $92.22 per sqft. Before that, the property was also sold for $29,000 in Oct 14, 2005. 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 $648 in taxes each year. 2220 8th Avenue Loop Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,800. If we break it down further, the land itself was valued at $10,700. Improvements to the property, however, were assessed at a total of $126,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.