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109 Covenant Rock Lane

109 Covenant Rock Lane, Holly Springs, NC 27540
House in Holly Glen
Sold Feb 18, 2020
$310,000
$327,682 by First Heritage Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Jun 11, 2019
$345,500
109 Covenant Rock Lane in Holly Springs, NC was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 109 Covenant Rock Lane has 2,740 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 400 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 109 Covenant Rock Lane sold most recently in Feb 10, 2020 for a total of $310,000. If you work out the math, that's approximately a cost of $113.14 per sqft. Before that, the property was also sold for $345,500 in Jun 10, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,366 in taxes each year. 109 Covenant Rock Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $321,424. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $261,424. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • 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
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,740
  • Building Area: 2,740
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,740
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLLY GLEN EAST SUB
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1131 HOLLY GLEN EAST SUB PH1 BM2003-00238

Ownership

  • Current Owner : KELLY WILLIAM AYERS
  • Current Owner 2: KELLY ERICA
  • Previous Owner : SPH TWO LLLP
  • Owner Before Previous Owner: KEDIA SANDEEP B
  • Owner Before Previous Owner 2: KEDIA SHE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Account Number: 0305355
  • District: 06
  • Subdivision Phase Number: 1
  • Parcel: 0648.01-26-3748 0305355
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.637
  • Longitude: -78.8576

    Address

  • Full Address: 109 Covenant Rock Ln
  • Address - House Number: 109
  • Address - Street Name: Covenant Rock
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R079
  • 4-Digit Zip Code: 7393
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,366

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 533,457
  • High Value: 601,714
  • Low Value: 465,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,682
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $327,682
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $321,424
  • Market Land Value: $60,000
  • Market Improvement Value: $261,424

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,424
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $261,424

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11743898733
  • Current Sale Price: $310,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $345,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 18, 2020
  • First Mortgage Loan Amount: $320,336
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 01, 2050

About Holly Glen



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Frequently Asked Questions

What neighborhood is 109 Covenant Rock Lane located in?
The 109 Covenant Rock Lane is a house located in the neighborhood of Holly Glen in Holly Glen, Holly Springs.
What is the average sales price for listings in 109 Covenant Rock Lane?
The average sales price for units in 109 Covenant Rock Lane is $0 currently.

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