103 Formosa Dr, Marion, NC 28752 Property Records

McDowell County property record for 103 Formosa Dr, Marion, NC 28752 · Last verified April 2026

Property Highlights

Property Type	Residential > Single Family > Rural Home
Bedrooms	2 Beds
Bathrooms	2 Baths
Year Built	Built 2010
Square Footage	1,540 sqft Heated Area
Lot Size	57,499 sqft (1.32 acres)
Occupancy	Owner Occupied
Last Sale	$235,000 (2022)
Tax Bill	$1,472.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`0686-00-67-2299`
Alternative APNs	`45905` `78337`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Building Area	1,540 sqft Heated Area
Gross Area	1,700 sqft Gross Area
1st Floor	1,540 sqft 1st Floor
Stories	1 Stories
Primary Flooring	Carpet Flooring
Interior Structure	Wallboard/Drywall Interior Structure

Exterior

Year Built	Built 2010
Effective Year Built	Effective 2010
Exterior Material	Aluminum/Vinyl Exterior
Roof Construction	Gable Roof Construction
Roof Material	Asphalt Roof
Lot Area	57,499 sqft (1.32 acres)

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Heat Pump Heating
Heating Fuel	Electric Heating Fuel

Location & Zoning

Account Number	78337
Street Address	103 FORMOSA DR
City	MARION
State	NC
Zip	28752-8619
Property Usage	Residential Property Usage
Type	Residential > Single Family > Rural Home
Legal Description	1.32 AC LT4 SURVEY 5/27/04
Legal Subdivision	GRAY M BAILEY
Legal Lot Number	4
Jurisdiction	MCDOWELL NC
Minor Civil Division	MONTFORD COVE
Census Blockgroup	3
Census Block	3005
Census Tract	970902

Owner

Source: McDowell County records · APN 0686-00-67-2299

Assessment roll updated September 30, 2025 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	103 FORMOSA DR, MARION, NC 28752-8619
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Date	Document
Sep 06, 2022	Warranty Deed, Transfer · Conventional Mortgage STATE EMPLOYEES CU
Nov 18, 2020	Intrafamily Transfer, Transfer · Conventional Mortgage STATE EMPLOYEES CU

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	Sep 06, 2022 · Amount on Record
Deed Sale	Sep 06, 2022 · Amount on Record
Prior Sale	Aug 15, 2007 · Amount on Record
Deed Doc Number	20225310
Deed Book / Page	1412 / 102
Prior Transfer Date	Nov 12, 2020
Prior Transfer Doc	0013300527
Record Refreshed	Jun 08, 2026

September 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MCDOWELL NC
Recording Date	Sep 06, 2022
Property Address	103 FORMOSA DR, MARION, NC 28752-8619
Document Number	0014120102
Book / Page	1412 / 102
Map Reference	FILE 13154
Instrument Date	Sep 06, 2022
Instrument	2022005310
Transaction Type	Transfer
Record Updated	Sep 20, 2022

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$470.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 158, MARION, NC 28752-0158

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	103 FORMOSA DR, MARION, NC 28752-8619

Mortgage

Document Number	2022005311
Date	Sep 06, 2022
Instrument	2022005311

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 01, 2052

Interest

Rate Type	Adjustable Rate
Rate	4.4%
Type Change Date	Oct 01, 2027
Change Frequency	6 Months
Min Rate At Change	3.75%
Max Rate At Change	6.4%
Index	5-Year CMT
Max Rate	10.4%

November 2020: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MCDOWELL NC
Recording Date	Nov 18, 2020
Property Address	103 FORMOSA DR, MARION, NC 28752-8619
Document Number	0013300527
Book / Page	1330 / 527
Map Reference	MAP 13154
Instrument Date	Nov 12, 2020
Instrument	2020006113
Transaction Type	Transfer
Record Updated	Oct 25, 2021

Transaction

Tax	$0.00
Amount Accuracy	Zero or No Consideration Stated
Additional	Interfamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	103 FORMOSA DR, MARION, NC 28752-8619

Mortgage

Document Number	2020006114
Date	Nov 18, 2020
Instrument	2020006114

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Dec 01, 2035

Tax Assessment & Valuation

Source: McDowell County records · Assessment roll updated September 30, 2025 · Last verified April 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	McDowell County
Unified School District	McDowell County Schools (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,472.00	$208,020 (-) Land $25,000 Building $183,020
2023	$1,472.00	$208,020 Land $25,000 Building $183,020	$208,020 Land $25,000 Building $183,020

Flood & Wildfire

103 Formosa Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Moderate risk).

Flood

Source: FEMA National Flood Hazard Layer · McDowell County (37111C), updated December 13, 2016

FEMA Flood Zone	Zone X minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard Area	No
Nearest Special Flood Hazard Area	Zone AE, within 500 ft

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to Homes	Moderate 60th percentile of exposed land nationally · 82nd in North Carolina
Wildfire Likelihood	Moderate — about 1 in 588 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Formosa Dr

Nearby Streets

All Marion, NC Property Records

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures