Check Availability

111 Musgrove Circle

111 Musgrove Circle, Cary, NC 27518
Sold May 19, 2014
$272,000
$217,600 by Gateway Bank Mortgage Inc
Mortgage Due Jun 01, 2044
Sold Jul 30, 2004
$217,000
$173,600 by Merrill Lynch Credit Corp
Mortgage Due Aug 01, 2034
Local assessors in Cary, NC have categorized 111 Musgrove Circle as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 8,276 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 111 Musgrove Circle has a total of 1,816 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 326 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. 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, 111 Musgrove Circle was last sold in May 9, 2014 for $272,000. According to our calculations, that's $149.78 per sqft. Prior to that sales transaction, the property was sold for $217,000 in Jul 29, 2004. Current property owners are expected to pay $3,099 in taxes per year. The property on 111 Musgrove Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $319,277. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $234,277. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 326
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCHMERE FOREST EAST
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO44 LOCHMERE FOREST EAST BM1995-1463

Ownership

  • Current Owner : ZIPPARO MICHAEL
  • Current Owner 2: ZIPPARO STEPHANIE
  • Previous Owner : CARTER ROSS M
  • Previous Owner 2: CARTER LEIGH G
  • Owner Before Previous Owner: CLINGENPEEL CLARKE F
  • Owner Before Previous Owner 2: CLINGENPEEL ERIKA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053405

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0218056
  • District: 20
  • Parcel: 0762.19-50-0661 0218056
  • Lot: 44
  • Municipality: WHITE OAK
  • Latitude: 35.7298
  • Longitude: -78.7808

    Address

  • Full Address: 111 Musgrove Cir
  • Address - House Number: 111
  • Address - Street Name: Musgrove
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Cary
  • Carrier Code: R026
  • 4-Digit Zip Code: 9180
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,099

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 535,440
  • High Value: 597,972
  • Low Value: 472,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,600
  • First Open Lien Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 19, 2014
  • First Open Lien Mortgage Loan Amount: $217,600
  • 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, 2044

    Market Valuation

  • Market Total Value: $319,277
  • Market Land Value: $85,000
  • Market Improvement Value: $234,277

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $319,277
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $234,277

    Sales

  • Current Sale Contract Date: May 09, 2014
  • Current Sale Recording Date: May 19, 2014
  • Current Sale Transaction ID: 1132365036
  • Current Sale Price: $272,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Contract Date: Jul 29, 2004
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • First Mortgage Transaction Date: May 19, 2014
  • First Mortgage Loan Amount: $217,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Jul 30, 2004
  • Previous Mortgage Loan Amount: $173,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2034

About Lochmere



Similar Buildings

Property at 111 Musgrove Circle,

201 Tweed Circle

  • 1 Unit for Sale
  • 1 Story
201 Tweed Circle, Cary, NC 27511
Property at 111 Musgrove Circle,

100 Parkway Office Court

  • 1 Unit for Sale
100 Parkway Office Court, Cary, NC 27518

Nearby Rentals

Unit for rent at 115 Pickett Lane, Cary, NC, 27511

$1,900 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,332 ft²
115 Pickett Lane, Cary, NC, 27511 Listing by Jeff Gillespie
Unit for rent at 1505 Highland Trail, Cary, NC, 27511

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,692 ft²
1505 Highland Trail, Cary, NC, 27511 Listing by Spencer Southern
Unit for rent at 704 Collington Drive, Cary, NC, 27511

$1,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,800 ft²
704 Collington Drive, Cary, NC, 27511 Listing by Tim Devinney

Frequently Asked Questions

What neighborhood is 111 Musgrove Circle located in?
The 111 Musgrove Circle is a located in the neighborhood of Lochmere Forest East in Lochmere, Cary.
What is the average sales price for listings in 111 Musgrove Circle?
The average sales price for units in 111 Musgrove Circle is $0 currently.

Quantcast