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1101 Craigmeade Drive

1101 Craigmeade Drive, Morrisville, NC 27560
Property in Wake
Sold May 27, 2022
$635,000
$350,000 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Aug 31, 2017
$403,000
$402,865 by Calatlantic Mortgage Inc
Mortgage Due Sep 01, 2047
1101 Craigmeade Drive in Morrisville, NC was first built in 2017 and is 7 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 townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1101 Craigmeade Drive has 2,406 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 4,356 square feet.

Learn more about the property and building on this page. 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 336 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1101 Craigmeade Drive was last sold in May 26, 2022 for $635,000. According to our calculations, that's $263.92 per sqft. Prior to that sales transaction, the property was sold for $403,000 in Aug 31, 2017. Current property owners are expected to pay $4,086 in taxes per year. The property on 1101 Craigmeade Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $385,969. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $295,969. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWN HALL NORTH
  • Land Acres: 0.1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO38 TOWN HALL NORTH PH1A BM2016-02122

Ownership

  • Current Owner : BHUVA KEVAL
  • Current Owner 2: BHUVA DHARA
  • Previous Owner : GERARDE RAMOS MARIE
  • Previous Owner 2: GERARDE ELIAS
  • Owner Before Previous Owner: STANDARD PACIFIC OF THE CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053608

Zoning

  • Zoning: NAC

Geography

  • Assessors Map Reference: BK 2016 PG 2122
  • Account Number: 0442539
  • District: 05
  • Subdivision Phase Number: 1A
  • Parcel: 0746.04-50-0787 0442539
  • Lot: 38
  • Municipality: CEDAR FORK
  • Latitude: 35.8402
  • Longitude: -78.8479

    Address

  • Full Address: 1101 Craigmeade Dr
  • Address - House Number: 1101
  • Address - Street Name: Craigmeade
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R008
  • 4-Digit Zip Code: 5231
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,086

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 627,681
  • High Value: 708,482
  • Low Value: 546,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 27, 2022
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $385,969
  • Market Land Value: $90,000
  • Market Improvement Value: $295,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,969
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $295,969

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11888819983
  • Current Sale Price: $635,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $403,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 27, 2022
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CALATLANTIC MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 31, 2017
  • Previous Mortgage Loan Amount: $402,865
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 1101 Craigmeade Drive located in?
The 1101 Craigmeade Drive is a located in the neighborhood of Wake in Morrisville, Morrisville.
What is the average sales price for listings in 1101 Craigmeade Drive?
The average sales price for units in 1101 Craigmeade Drive is $0 currently.

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