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112 King George Loop

112 King George Loop, Cary, NC 27511
House in Royal Ridge
Sold Jun 29, 2015
$317,000
$352,000 by Primary Residential Mortgage I
Mortgage Due Jun 01, 2050
Sold Mar 01, 1996
$210,000
112 King George Loop has been categorized by the local assessors in Cary, NC as a residential type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1992. The building has a total of 2 stories. In addition, 112 King George Loop has 2,678 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 15,682 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 84 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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, 112 King George Loop sold most recently in Jun 29, 2015 for a total of $317,000. If you work out the math, that's approximately a cost of $118.37 per sqft. Before that, the property was also sold for $210,000 in Mar 1, 1996. 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 $3,825 in taxes each year. 112 King George Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $394,555. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $294,555. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 7
  • 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: 84
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,678
  • Building Area: 2,678
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,678
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROYAL RIDGE SUB
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO87 ROYAL RIDGE SUB BM1985-964

Ownership

  • Current Owner : NELSON SIDNEY K
  • Current Owner 2: NELSON JAMIE M
  • Previous Owner : MADAR JOHN MARK
  • Previous Owner 2: SANHAI WENDY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053509

Zoning

  • Zoning: R12P

Geography

  • Account Number: 0144008
  • District: 04
  • Parcel: 0762.05-09-2872 0144008
  • Lot: 87
  • Municipality: CARY
  • Latitude: 35.7551
  • Longitude: -78.7969

    Address

  • Full Address: 112 King George Loop
  • Address - House Number: 112
  • Address - Street Name: King George
  • Address - Suffix Type: Loop
  • State: NC
  • City Name: Cary
  • Carrier Code: C027
  • 4-Digit Zip Code: 6334
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,825

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 651,227
  • High Value: 736,091
  • Low Value: 566,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Loan Amount: $352,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $394,555
  • Market Land Value: $100,000
  • Market Improvement Value: $294,555

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $394,555
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $294,555

    Sales

  • Current Sale Contract Date: Jun 29, 2015
  • Current Sale Recording Date: Jun 29, 2015
  • Current Sale Transaction ID: 1222190977
  • Current Sale Price: $317,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 01, 1996
  • Previous Sale Contract Date: Mar 01, 1996
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESERVICES LENDING LLC
  • First Mortgage Transaction Date: Jun 29, 2015
  • First Mortgage Loan Amount: $253,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

About Royal Ridge



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Frequently Asked Questions

What neighborhood is 112 King George Loop located in?
The 112 King George Loop is a house located in the neighborhood of Royal Ridge in Royal Ridge, Cary.
What is the average sales price for listings in 112 King George Loop?
The average sales price for units in 112 King George Loop is $0 currently.

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