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1121 Fanning Drive

1121 Fanning Drive, Wake Forest, NC 27587
Property in Heritage North
Sold May 08, 2014
$467,500
$459,000 by Loandepot.com Llc
Mortgage Due Jan 01, 2052
Sold May 04, 2009
$430,000
1121 Fanning Drive has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2008 and is 16 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1121 Fanning Drive has 3,294 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 12,632 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 506 sqft. 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 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. 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. 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, 1121 Fanning Drive was last sold in May 8, 2014 for $467,500. According to our calculations, that's $141.92 per sqft. Prior to that sales transaction, the property was sold for $430,000 in Apr 29, 2009. Current property owners are expected to pay $5,287 in taxes per year. The property on 1121 Fanning Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $472,590. To break that down further, the land itself was valued at $68,000. While improvements to the property were assessed at a total of $404,590. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,294
  • Building Area: 3,294
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE NORTH AT HERITAGE WAK
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2223 HERITAGE NORTH AT HERITAGE WAKE FOREST PH1 SE5 BM2006-01397

Ownership

  • Current Owner : DALE STEVEN RAY
  • Current Owner 2: DALE LORI JO
  • Previous Owner : JAYNE JONATHAN
  • Previous Owner 2: YONKERS ROY
  • Owner Before Previous Owner: HOMES BY DICKERSON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054219

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0351164
  • District: 19
  • Section: 5
  • Subdivision Phase Number: 1
  • Parcel: 1840.12-85-6775 0351164
  • Lot: 2223
  • Municipality: WAKE FOREST
  • Latitude: 35.9629
  • Longitude: -78.4975

    Address

  • Full Address: 1121 Fanning Dr
  • Address - House Number: 1121
  • Address - Street Name: Fanning
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R028
  • 4-Digit Zip Code: 4489
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,287

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 96
  • Final Value: 807,214
  • High Value: 862,174
  • Low Value: 752,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $459,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $459,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $472,590
  • Market Land Value: $68,000
  • Market Improvement Value: $404,590

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $472,590
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $404,590

    Sales

  • Current Sale Contract Date: May 08, 2014
  • Current Sale Recording Date: May 08, 2014
  • Current Sale Transaction ID: 1130907372
  • Current Sale Price: $467,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 04, 2009
  • Previous Sale Contract Date: Apr 29, 2009
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • First Mortgage Transaction Date: May 08, 2014
  • First Mortgage Loan Amount: $374,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Heritage North



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Frequently Asked Questions

What neighborhood is 1121 Fanning Drive located in?
The 1121 Fanning Drive is a located in the neighborhood of Heritage North in Heritage North, Wake Forest.
What is the average sales price for listings in 1121 Fanning Drive?
The average sales price for units in 1121 Fanning Drive is $0 currently.

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