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1116 Destination Drive

1116 Destination Drive, Apex, NC 27523
Property in Chatham
Sold Apr 30, 2021
$272,000
$1,249,500 by Providence Bank
Mortgage
1116 Destination Drive has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1116 Destination Drive has 4,411 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 17,511 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. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ by the local assessor. 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, 1116 Destination Drive sold most recently in Apr 29, 2021 for a total of $272,000. If you work out the math, that's approximately a cost of $61.66 per sqft. 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 $9,453 in taxes each year. 1116 Destination Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $917,726. If we break it down further, the land itself was valued at $268,132. Improvements to the property, however, were assessed at a total of $649,594. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: A+
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,411
  • Building Area: 4,411
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,411
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DESTIN
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 29 AC 0.40200001 BK 2019 PG 281

Ownership

  • Current Owner : ANNIS MANGRUM LLC
  • Previous Owner : DESTIN LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: CARY CITY
  • Census Tract: 020703

Zoning

  • Zoning: R12

Geography

  • Assessors Map Reference: MB 2019 MP 281
  • Account Number: 1367180
  • District: 13
  • Parcel: 0093824
  • Block: 53
  • Lot: 29
  • Municipality: WILLIAMS
  • Latitude: 35.7925
  • Longitude: -78.948

    Address

  • Full Address: 1116 Destination Dr
  • Address - House Number: 1116
  • Address - Street Name: Destination
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Apex
  • Carrier Code: R053
  • 4-Digit Zip Code: 6188
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,453
  • Tax Rate Code Area: 203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,249,500
  • First Open Lien Mortgage Lender: PROVIDENCE BANK
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $1,249,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $917,726
  • Market Land Value: $268,132
  • Market Improvement Value: $649,594

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,726
  • Assessed Land Value: $268,132
  • Assessed Improvements Value: $649,594

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11833765071
  • Current Sale Price: $272,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 6863

    Last Sale Mortgage

  • First Mortgage Lender: THE FIDELITY BANK
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Chatham



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Frequently Asked Questions

What neighborhood is 1116 Destination Drive located in?
The 1116 Destination Drive is a located in the neighborhood of Chatham in Chatham, Apex.
What is the average sales price for listings in 1116 Destination Drive?
The average sales price for units in 1116 Destination Drive is $0 currently.

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