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1002 River Estates Drive

1002 River Estates Drive, Knightdale, NC 27545
Sold Sep 14, 2022
$310,000
$294,500 by Day Air Credit Union
Mortgage Due Oct 01, 2052
Sold Oct 26, 2020
$196,000
$159,544 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Local assessors in Knightdale, NC have categorized 1002 River Estates Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 1002 River Estates Drive has a total of 1,980 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. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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, 1002 River Estates Drive sold most recently in Sep 1, 2022 for a total of $310,000. If you work out the math, that's approximately a cost of $156.57 per sqft. Before that, the property was also sold for $196,000 in Aug 25, 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 $2,034 in taxes each year. 1002 River Estates Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $188,274. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $153,274. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVER ESTATES SUB
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO43 RIVER ESTATES SUB BM2004-1598

Ownership

  • Current Owner : PARKS LARRY
  • Current Owner 2: PARKS CAROL
  • Previous Owner : KAY NICHOLS SHARON
  • Owner Before Previous Owner: SCOTT TASHEENA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054114

Zoning

  • Zoning: GR8

Geography

  • Account Number: 0308586
  • District: 17
  • Parcel: 1744.03-30-6796 0308586
  • Lot: 43
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7844
  • Longitude: -78.5155

    Address

  • Full Address: 1002 River Estates Dr
  • Address - House Number: 1002
  • Address - Street Name: River Estates
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Knightdale
  • Carrier Code: R014
  • 4-Digit Zip Code: 7317
  • Zip Code: 27545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,034

    Appraisal Valuation

  • Standard Deviation: 0.0689
  • Valuation Date: Sep 14, 2022
  • Confidence Score: 96
  • Final Value: 299,842
  • High Value: 320,520
  • Low Value: 279,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,500
  • First Open Lien Mortgage Lender: DAY AIR CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 14, 2022
  • First Open Lien Mortgage Loan Amount: $294,500
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $188,274
  • Market Land Value: $35,000
  • Market Improvement Value: $153,274

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,274
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $153,274

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Transaction ID: 11895940717
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Aug 25, 2020
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAY AIR CREDIT UNION
  • First Mortgage Transaction Date: Sep 14, 2022
  • First Mortgage Loan Amount: $294,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Oct 26, 2020
  • Previous Mortgage Loan Amount: $159,544
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 1002 River Estates Drive located in?
The 1002 River Estates Drive is a townhouse located in the neighborhood of River Estates Townhomes in River Estates Townhomes, Knightdale.
What is the average sales price for listings in 1002 River Estates Drive?
The average sales price for units in 1002 River Estates Drive is $0 currently.

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