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106 Plank Bridge Way

106 Plank Bridge Way, Morrisville, NC 27560
Property in Downing Village
Sold Dec 21, 2020
$265,500
$245,000 by Towne Mortgage Of The Carolina
Mortgage Due Jan 01, 2051
Sold Sep 22, 2016
$190,000
$152,000 by Fidelity Bank
Mortgage Due Oct 01, 2046
Local assessors in Morrisville, NC have categorized 106 Plank Bridge Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 1,742 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 106 Plank Bridge Way has a total of 1,496 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 260 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. 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, 106 Plank Bridge Way sold most recently in Dec 21, 2020 for a total of $265,500. If you work out the math, that's approximately a cost of $177.47 per sqft. Before that, the property was also sold for $190,000 in Sep 22, 2016. 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 $2,127 in taxes each year. 106 Plank Bridge Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $218,493. If we break it down further, the land itself was valued at $56,000. Improvements to the property, however, were assessed at a total of $162,493. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: REV DOWNING VILLAGE
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO104 REV DOWNING VILLAGE PH1 SE1 BM2005-01738

Ownership

  • Current Owner : KERRIGAN STEPHANIE LYNN
  • Previous Owner : ARYAL USHA
  • Owner Before Previous Owner: TERRY NIGEL JOHN
  • Owner Before Previous Owner 2: TERRY BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053607

Zoning

  • Zoning: RMFCU

Geography

  • Account Number: 0333758
  • District: 05
  • Section: 1
  • Subdivision Phase Number: 1
  • Parcel: 0745.16-84-2865 0333758
  • Lot: 104
  • Municipality: CEDAR FORK
  • Latitude: 35.824
  • Longitude: -78.8372

    Address

  • Full Address: 106 Plank Bridge Way
  • Address - House Number: 106
  • Address - Street Name: Plank Bridge
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R019
  • 4-Digit Zip Code: 9724
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,127

    Appraisal Valuation

  • Standard Deviation: 0.142
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 381,096
  • High Value: 435,213
  • Low Value: 326,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $218,493
  • Market Land Value: $56,000
  • Market Improvement Value: $162,493

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $218,493
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $162,493

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11827326336
  • Current Sale Price: $265,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 22, 2016
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY BANK
  • Previous Mortgage Transaction Date: Sep 22, 2016
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Downing Village



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Frequently Asked Questions

What neighborhood is 106 Plank Bridge Way located in?
The 106 Plank Bridge Way is a located in the neighborhood of Downing Village in Downing Village, Morrisville.
What is the average sales price for listings in 106 Plank Bridge Way?
The average sales price for units in 106 Plank Bridge Way is $0 currently.

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