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105 Magnolia Meadow Way

105 Magnolia Meadow Way, Holly Springs, NC 27540
Property in Holly Glen
Sold Jul 18, 2016
$390,000
$383,000 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Apr 01, 2008
$288,000
$273,448 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2038
Local assessors in Holly Springs, NC have categorized 105 Magnolia Meadow Way as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 10,890 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 105 Magnolia Meadow Way has a total of 3,349 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 264 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 18, 2016 for $390,000. That's $116.45 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2008 for $288,000. 105 Magnolia Meadow Way was last assessed in 2022. The total value of the property was assessed at $394,511. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $339,511. 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 $4,127. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,349
  • Building Area: 3,349
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLLY GLEN
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO991 HOLLY GLEN PH9C BM2006-01966

Ownership

  • Current Owner : LUTES JOSHUA M
  • Current Owner 2: LUTES STEPHANIE D
  • Previous Owner : WORTHAM JUSTIN L
  • Owner Before Previous Owner: BEAZER HOMES CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053207

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: BK 2006 PG 1966
  • Account Number: 0358743
  • District: 06
  • Subdivision Phase Number: 9C
  • Parcel: 0648.01-18-1789 0358743
  • Lot: 991
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6425
  • Longitude: -78.8614

    Address

  • Full Address: 105 Magnolia Meadow Way
  • Address - House Number: 105
  • Address - Street Name: Magnolia Meadow
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R079
  • 4-Digit Zip Code: 7958
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,127

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 659,028
  • High Value: 743,321
  • Low Value: 574,736

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $383,000
  • First Open Lien Mortgage Term: 350
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $394,511
  • Market Land Value: $55,000
  • Market Improvement Value: $339,511

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $394,511
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $339,511

    Sales

  • Current Sale Contract Date: Jul 18, 2016
  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Transaction ID: 1798451573
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 01, 2008
  • Previous Sale Contract Date: Mar 31, 2008
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 18, 2016
  • First Mortgage Loan Amount: $311,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 01, 2008
  • Previous Mortgage Loan Amount: $273,448
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About Holly Glen



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Frequently Asked Questions

What neighborhood is 105 Magnolia Meadow Way located in?
The 105 Magnolia Meadow Way is a located in the neighborhood of Holly Glen in Holly Glen, Holly Springs.
What is the average sales price for listings in 105 Magnolia Meadow Way?
The average sales price for units in 105 Magnolia Meadow Way is $0 currently.

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