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1025 Montvale Ridge Drive

1025 Montvale Ridge Drive, Cary, NC 27519
Property in Montvale
Sold Sep 09, 2019
$1,383,000
$1,083,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
Local assessors in Cary, NC have categorized 1025 Montvale Ridge Drive as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 20,473 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 3 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 1025 Montvale Ridge Drive has a total of 4,946 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 543 sqft. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Sep 9, 2019 for $1,383,000. That's $279.62 per sqft. 1025 Montvale Ridge Drive was last assessed in 2022. The total value of the property was assessed at $1,223,743. Specifically, the land the property is located on was valued at $260,000. While improvements on the property were assessed at a total of $963,743. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,823. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 543
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,946
  • Building Area: 4,946
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTVALE
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO9 MONTVALE PH1A BM2017-02083

Ownership

  • Current Owner : STAHL STRUNCK ERIK
  • Current Owner 2: KOLB STRUNCK AMY REBECCA
  • Previous Owner : POYTHRESS HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053411

Zoning

  • Zoning: R20P

Geography

  • Assessors Map Reference: BK 2017 PG 2083
  • Account Number: 0452563
  • District: 20
  • Subdivision Phase Number: 1A
  • Parcel: 0724.01-26-1571 0452563
  • Lot: 9
  • Municipality: WHITE OAK
  • Latitude: 35.8011
  • Longitude: -78.9252

    Address

  • Full Address: 1025 Montvale Ridge Dr
  • Address - House Number: 1025
  • Address - Street Name: Montvale Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R081
  • 4-Digit Zip Code: 1000
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,823

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 1,589,670
  • High Value: 1,786,440
  • Low Value: 1,392,901

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,083,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2019
  • First Open Lien Mortgage Loan Amount: $1,083,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $1,223,743
  • Market Land Value: $260,000
  • Market Improvement Value: $963,743

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,223,743
  • Assessed Land Value: $260,000
  • Assessed Improvements Value: $963,743

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Transaction ID: 11645100099
  • Current Sale Price: $1,383,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 09, 2019
  • First Mortgage Loan Amount: $1,083,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

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Frequently Asked Questions

What neighborhood is 1025 Montvale Ridge Drive located in?
The 1025 Montvale Ridge Drive is a located in the neighborhood of Montvale in Montvale, Cary.
What is the average sales price for listings in 1025 Montvale Ridge Drive?
The average sales price for units in 1025 Montvale Ridge Drive is $0 currently.

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