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1120 Santa Cruz Street

1120 Santa Cruz Street, Wake Forest, NC 27587
Property in Franklin
Sold Dec 28, 2020
$539,000
$200,000 by Pulte Mortgage Llc
Mortgage Due Jan 01, 2036
Sold Jan 23, 2020
$2,987,000
Local assessors in Wake Forest, NC have categorized 1120 Santa Cruz Street as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 11,761 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 1 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 1120 Santa Cruz Street has a total of 2,548 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 2,548 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 unknown for those who need a place to park their vehicle. The garage on the property is 590 sqft. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a gable style roof that was made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1120 Santa Cruz Street sold most recently in Dec 23, 2020 for a total of $539,000. If you work out the math, that's approximately a cost of $211.54 per sqft. Before that, the property was also sold for $2,987,000 in Jan 22, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,943 in taxes each year. 1120 Santa Cruz Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $374,650. If we break it down further, the land itself was valued at $57,750. Improvements to the property, however, were assessed at a total of $316,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Bungalow
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 2,548
  • Garage Square Area: 590
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,548
  • Building Area: 2,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,548
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DEL WEBB AT TRADITIONS LOT
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AMAN THOMAS D
  • Current Owner 2: AMAN SYLVIA P
  • Previous Owner : PULTE HOME COMPANY LLC
  • Owner Before Previous Owner: DS TRADITIONS SUB LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054223

Zoning

  • Zoning: R 40

Geography

  • Parcel: 045362
  • Lot: 323
  • Latitude: 35.9971
  • Longitude: -78.4805

    Address

  • Full Address: 1120 Santa Cruz St
  • Address - House Number: 1120
  • Address - Street Name: Santa Cruz
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R036
  • 4-Digit Zip Code: 7098
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,943
  • Tax Rate Code Area: WKFS

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 608,456
  • High Value: 725,539
  • Low Value: 491,373

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: PULTE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036
  • Second Open Lien Mortgage Lender: PULTE MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Dec 28, 2020
  • Second Open Lien Mortgage Loan Amount: $200,000
  • 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: Jan 01, 2036
  • Third Open Lien Mortgage Lender: PULTE MORTGAGE LLC
  • Third Open Lien Mortgage Recording Date: Dec 28, 2020
  • Third Open Lien Mortgage Loan Amount: $200,000
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $374,650
  • Market Land Value: $57,750
  • Market Improvement Value: $316,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,650
  • Assessed Land Value: $57,750
  • Assessed Improvements Value: $316,900

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11809459833
  • Current Sale Price: $539,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 23, 2020
  • Previous Sale Contract Date: Jan 22, 2020
  • Previous Sale Amount: $2,987,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PULTE MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 28, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 1120 Santa Cruz Street located in?
The 1120 Santa Cruz Street is a located in the neighborhood of Franklin in Franklin, Wake Forest.
What is the average sales price for listings in 1120 Santa Cruz Street?
The average sales price for units in 1120 Santa Cruz Street is $0 currently.

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