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100 Fairfax Lane

100 Fairfax Lane, Cary, NC 27513
Sold Jul 01, 2002
$187,000
$177,650 by First Financial Services Inc
Mortgage Due Jul 01, 2032
Local assessors in Cary, NC have categorized 100 Fairfax Lane as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 12,197 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 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 100 Fairfax Lane has a total of 1,946 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 528 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 100 Fairfax Lane sold most recently in Jun 28, 2002 for a total of $187,000. If you work out the math, that's approximately a cost of $96.09 per sqft. 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 $3,257 in taxes each year. 100 Fairfax Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $335,567. If we break it down further, the land itself was valued at $118,000. Improvements to the property, however, were assessed at a total of $217,567. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,946
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX PARKWAY
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO88 FAIRFAX OF THE PKWY SC1 BM1990-1222

Ownership

  • Current Owner : MOHAMMED SHAFFICK
  • Current Owner 2: MOHAMMED SAVITRI
  • Previous Owner : PATEL PRAVIN S
  • Previous Owner 2: PATEL MONAL P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053422

Zoning

  • Zoning: R8P

Geography

  • Account Number: 0184869
  • District: 04
  • Parcel: 0744.04-80-6231 0184869
  • Lot: 88
  • Municipality: CARY
  • Latitude: 35.7837
  • Longitude: -78.8359

    Address

  • Full Address: 100 Fairfax Ln
  • Address - House Number: 100
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R022
  • 4-Digit Zip Code: 4770
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,257

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 562,890
  • High Value: 632,564
  • Low Value: 493,215

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $213,819
  • First Open Lien Mortgage Lender: FIRST FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Jul 01, 2002
  • First Open Lien Mortgage Loan Amount: $177,650
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2032
  • Second Open Lien Mortgage Lender: NORTH CAROLINA HOUSING FINANCE
  • Second Open Lien Mortgage Recording Date: May 31, 2016
  • Second Open Lien Mortgage Loan Amount: $36,169
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $335,567
  • Market Land Value: $118,000
  • Market Improvement Value: $217,567

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $335,567
  • Assessed Land Value: $118,000
  • Assessed Improvements Value: $217,567

    Sales

  • Current Sale Contract Date: Jun 28, 2002
  • Current Sale Recording Date: Jul 01, 2002
  • Current Sale Transaction ID: 1131908768
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Jul 01, 2002
  • First Mortgage Loan Amount: $177,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2032

About Fairfax of the Parkway



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Frequently Asked Questions

What neighborhood is 100 Fairfax Lane located in?
The 100 Fairfax Lane is a located in the neighborhood of Fairfax of the Parkway in Fairfax of the Parkway, Cary.
What is the average sales price for listings in 100 Fairfax Lane?
The average sales price for units in 100 Fairfax Lane is $0 currently.

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