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1117 Somers Drive

1117 Somers Drive, Morrisville, NC 27560
Property in Kitts Creek
Sold Oct 21, 2016
$319,500
$255,150 by Resource Financial Services In
Mortgage Due Nov 01, 2046
Sold Aug 31, 2009
$274,000
$268,938 by Suntrust Mortgage Inc
Mortgage Due Sep 01, 2039
1117 Somers Drive in Morrisville, NC was first built in 2009 and is 15 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 conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1117 Somers 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 4,792 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 340 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1117 Somers Drive was last sold in Oct 21, 2016 for $319,500. According to our calculations, that's $132.79 per sqft. Prior to that sales transaction, the property was sold for $274,000 in Aug 31, 2009. Current property owners are expected to pay $3,875 in taxes per year. The property on 1117 Somers Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $363,462. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $263,462. 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 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.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: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 340
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • 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: KITTS CREEK
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO562 KITTS CREEK PH2 BM2008-00272

Ownership

  • Current Owner : NARAYANA SANTHOSH
  • Current Owner 2: SATHYANARAYAN SOUMYA
  • Previous Owner : ZHOU YI
  • Previous Owner 2: SHEN TONG
  • Owner Before Previous Owner: EXPERIENCEONE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: HDR

Geography

  • Assessors Map Reference: BK 2008 PG 272
  • Account Number: 0369329
  • District: 05
  • Subdivision Phase Number: 2
  • Parcel: 0746.01-18-1914 0369329
  • Lot: 562
  • Municipality: CEDAR FORK
  • Latitude: 35.8628
  • Longitude: -78.8612

    Address

  • Full Address: 1117 Somers Dr
  • Address - House Number: 1117
  • Address - Street Name: Somers
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R001
  • 4-Digit Zip Code: 7149
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,875

    Appraisal Valuation

  • Standard Deviation: 0.126
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 86
  • Final Value: 585,305
  • High Value: 659,094
  • Low Value: 511,516

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $448,150
  • First Open Lien Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • First Open Lien Mortgage Recording Date: Oct 21, 2016
  • First Open Lien Mortgage Loan Amount: $255,150
  • 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: Nov 01, 2046
  • Second Open Lien Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • Second Open Lien Mortgage Recording Date: Oct 05, 2020
  • Second Open Lien Mortgage Loan Amount: $193,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $363,462
  • Market Land Value: $100,000
  • Market Improvement Value: $263,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,462
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $263,462

    Sales

  • Current Sale Contract Date: Oct 21, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Transaction ID: 1830992067
  • Current Sale Price: $319,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 31, 2009
  • Previous Sale Contract Date: Aug 31, 2009
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • First Mortgage Transaction Date: Oct 21, 2016
  • First Mortgage Loan Amount: $255,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 31, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $268,938
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2039

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Frequently Asked Questions

What neighborhood is 1117 Somers Drive located in?
The 1117 Somers Drive is a located in the neighborhood of Kitts Creek in Kitts Creek, Morrisville.
What is the average sales price for listings in 1117 Somers Drive?
The average sales price for units in 1117 Somers Drive is $0 currently.

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