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1108 Colonial Club Road

1108 Colonial Club Road, Wake Forest, NC 27587
Property in Heritage
Sold Apr 26, 2023
$620,000
$496,000 by Bank Of America, N.a.
Mortgage Due May 01, 2053
Sold Apr 13, 2018
$395,000
$408,035 by Usaa Fsb
Mortgage Due May 01, 2048
1108 Colonial Club Road has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2003 and is 21 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1108 Colonial Club Road has 2,792 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,068 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 483 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1108 Colonial Club Road sold most recently in Apr 15, 2023 for a total of $620,000. If you work out the math, that's approximately a cost of $222.06 per sqft. Before that, the property was also sold for $395,000 in Mar 24, 2018. 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 $4,623 in taxes each year. 1108 Colonial Club Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $413,028. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $293,028. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,792
  • Building Area: 2,792
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,792
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE W F
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO80 HERITAGE W/F PH1 SEXI BM2001-02054

Ownership

  • Current Owner : KAPLAN SCOTT
  • Current Owner 2: KAPLAN KIMBERLY
  • Previous Owner : WEGEL GLEN PATRICK
  • Previous Owner 2: WEGEL AMY ELIZABETH
  • Owner Before Previous Owner: STACY JOHN W
  • Owner Before Previous Owner 2: STACY TIFFANY R J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054222

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0292159
  • District: 19
  • Section: XI
  • Subdivision Phase Number: 1
  • Parcel: 1850.03-02-9951 0292159
  • Lot: 80
  • Municipality: WAKE FOREST
  • Latitude: 35.955
  • Longitude: -78.49

    Address

  • Full Address: 1108 Colonial Club Rd
  • Address - House Number: 1108
  • Address - Street Name: Colonial Club
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 9183
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,623

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 85
  • Final Value: 637,742
  • High Value: 719,015
  • Low Value: 556,468

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Apr 26, 2023
  • First Open Lien Mortgage Loan Amount: $496,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $413,028
  • Market Land Value: $120,000
  • Market Improvement Value: $293,028

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,028
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $293,028

    Sales

  • Current Sale Contract Date: Apr 15, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Transaction ID: 11905966561
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 13, 2018
  • Previous Sale Contract Date: Mar 24, 2018
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Apr 26, 2023
  • First Mortgage Loan Amount: $496,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Apr 13, 2018
  • Previous Mortgage Loan Amount: $408,035
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2048

About Heritage



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Frequently Asked Questions

What neighborhood is 1108 Colonial Club Road located in?
The 1108 Colonial Club Road is a located in the neighborhood of Heritage in Heritage, Wake Forest.
What is the average sales price for listings in 1108 Colonial Club Road?
The average sales price for units in 1108 Colonial Club Road is $0 currently.

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