Check Availability

109 Parkroyale Lane

109 Parkroyale Lane, Cary, NC 27519
Property in Parkroyale
Sold Apr 11, 2018
$375,000
$305,250 by Freedom Mortgage Corp
Mortgage Due May 01, 2048
Sold Nov 09, 2005
$305,000
$140,300 by American Home Mortgage Corp
Mortgage Due Dec 01, 2035
Local assessors in Cary, NC have categorized 109 Parkroyale Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 9,583 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 109 Parkroyale Lane has a total of 2,512 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 445 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a gable style roof. 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, 109 Parkroyale Lane sold most recently in Mar 26, 2018 for a total of $375,000. If you work out the math, that's approximately a cost of $149.28 per sqft. Before that, the property was also sold for $305,000 in Nov 9, 2005. 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 $3,868 in taxes each year. 109 Parkroyale Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $399,011. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $309,011. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 445
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,512
  • Building Area: 2,512
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKROYALE SUB
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO142 PARKROYALE SUB PH1 SC1 BM1992-1213

Ownership

  • Current Owner : KIM JOUNG SUK
  • Previous Owner : DAMBROSIO LOUIS
  • Previous Owner 2: DAMBROSIO MAUREEN
  • Owner Before Previous Owner: CHUNG JUSTIN J
  • Owner Before Previous Owner 2: CHUNG JULIE H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053408

Zoning

  • Zoning: R8P

Geography

  • Account Number: 0194758
  • District: 20
  • Subdivision Phase Number: 1
  • Parcel: 0733.02-88-8976 0194758
  • Lot: 142
  • Municipality: WHITE OAK
  • Latitude: 35.7803
  • Longitude: -78.8689

    Address

  • Full Address: 109 Parkroyale Ln
  • Address - House Number: 109
  • Address - Street Name: Parkroyale
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R053
  • 4-Digit Zip Code: 6631
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,868

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 686,344
  • High Value: 771,299
  • Low Value: 601,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,250
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 11, 2018
  • First Open Lien Mortgage Loan Amount: $305,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $399,011
  • Market Land Value: $90,000
  • Market Improvement Value: $309,011

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,011
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $309,011

    Sales

  • Current Sale Contract Date: Mar 26, 2018
  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Transaction ID: 11445002964
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 09, 2005
  • Previous Sale Contract Date: Nov 09, 2005
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 11, 2018
  • First Mortgage Loan Amount: $305,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 09, 2005
  • Previous Mortgage Loan Amount: $140,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Parkroyale



Similar Buildings

Property at 109 Parkroyale Lane,

211 Capistrane Drive

  • 1 Unit for Sale
  • 1 Story
211 Capistrane Drive, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

6736 Lewey Drive

  • 2 Units for Sale
  • 1 Story
6736 Lewey Drive, Cary, NC 27519 Townhouse in Parkroyale
Property at 109 Parkroyale Lane,

103 Spindle Creek Court

  • 1 Unit for Sale
  • 2 Stories
103 Spindle Creek Court, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

118 Seymour Creek Drive

  • 1 Unit for Sale
  • 2 Stories
118 Seymour Creek Drive, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

103 Lyncroft Lane

  • 1 Unit for Sale
  • 1 Story
103 Lyncroft Lane, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

104 Horne Creek Court

  • 1 Unit for Sale
  • 2 Stories
104 Horne Creek Court, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

116 Casey Brook Court

  • 1 Unit for Sale
116 Casey Brook Court, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

114 Del Rio Drive

  • 1 Unit for Sale
  • 2 Stories
114 Del Rio Drive, Cary, NC 27519 House in Parkroyale
Property at 109 Parkroyale Lane,

1420 Holt Road

  • 1 Unit for Sale
  • 1 Story
1420 Holt Road, Cary, NC 27519 Modular home in Parkroyale

Nearby Rentals

Unit for rent at 2040 White Pond Court, Apex, NC, 27523

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,612 ft²
2040 White Pond Court, Apex, NC, 27523 Listing by Cindy Knapik
Unit for rent at 2058 Ackerman Hill Drive, Apex, NC, 27502

$1,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,084 ft²
2058 Ackerman Hill Drive, Apex, NC, 27502 Listing by Fan Wang
Unit for rent at 101 Mint Hill Drive, Cary, NC, 27519

$1,910 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,574 ft²
101 Mint Hill Drive #101 Mint Hill Drive, Cary, NC, 27519 Listing by Manager

Frequently Asked Questions

What neighborhood is 109 Parkroyale Lane located in?
The 109 Parkroyale Lane is a located in the neighborhood of Parkroyale in Parkroyale, Cary.
What is the average sales price for listings in 109 Parkroyale Lane?
The average sales price for units in 109 Parkroyale Lane is $0 currently.

Quantcast