Cumberland County
Building Summary

Data last updated on: 5/9/2024     Ownership current as of: 5/6/2024     Tax Year: 2024
REID 0447123749000

PIN # 0447-12-3749

Location Address Property Description
138 N RACEPATH ST 128, 130 & 132 N RACEPATH ST (0.65 AC)
   
Property Owner Owner's Mailing Address
MEAUT, MICHAEL LAWRENCE;MEAUT, KAREN LYNN
P O BOX 48845
CUMBERLAND NC 28331
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Building Location Address
138 N RACEPATH ST
Card   of  1        Section   of  1
Building Details

Building Name
Primary Occupancy Type COMMERCIAL
Primary Occupancy STC-STORAGE-GARAGE
Primary Class S-PRE-ENG-STEEL-FRAM
Primary Quality C
Year Built 1990
Effective Year 1997
Physical Depreciation (Rating) AVERAGE
Physical Depreciation (% Bad) 26.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 6460
Remodeled Year 2015
Total Stories 1

Section Details

Occupancy Type COMMERCIAL


Quality C
MZD-MEZZ-DISPLAY 840
2-FIX-BATHS 2
Air Conditioning Y
Occupancy STC-STORAGE-GARAGE
Class S-PRE-ENG-STEEL-FRAM
Sprinkler N
Depreciation 26%
Depreciation AVERAGE
Interior Finish STC-STORAGE-GARAGE
Interior Finish OFC-OFFICE
Exterior Walls 15-PREFIN-METAL-S-ST
Exterior Walls 36-0VERHEAD-D00RS
Building Total & Improvement Details

Total Adjusted Replacement Cost New $359,082
Physical Depreciation (% Bad) AVERAGE 26.00
Depreciated Value $265,720
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $265,720
Market Area Factor 1.00
Building Value $265,728
Misc Improvements Value $4,066
Total Improvement Value $269,794

Assessed Land Value $37,986
   
Assessed Total Value $307,780


Addition Summary 
StoryTypeCodeArea
1.00 CNPY COMM FAIR CCD 60
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
1950 SIZE CONCRETE PAV 1990 65 2757
320 SIZE CL FENCE 1990 65 964
70 SIZE WOOD VINYL FEN 1990 65 345
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)