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1124 Chamberwell Avenue

1124 Chamberwell Avenue, Wake Forest, NC 27587
Property in Richland Hills
Sold Apr 13, 2007
$318,500
$235,000 by United Community Bank
Mortgage Due Jun 01, 2050
Local assessors in Wake Forest, NC have categorized 1124 Chamberwell Avenue as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 1124 Chamberwell Avenue has a total of 3,456 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1124 Chamberwell Avenue sold most recently in Apr 12, 2007 for a total of $318,500. If you work out the math, that's approximately a cost of $92.16 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 $3,596 in taxes each year. 1124 Chamberwell Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $320,826. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $290,826. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,456
  • Building Area: 3,456
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICHLAND HILLS
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO24 RICHLAND HILLS PH3A BM2006-01884

Ownership

  • Current Owner : REYES HUMBERTO
  • Current Owner 2: REYES SAMANEH
  • Previous Owner : HOVNANIAN HOMES OF NORTH CAROLINA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054204

Zoning

  • Zoning: GR5

Geography

  • Assessors Map Reference: BK 2006 PG 1884
  • Account Number: 0351125
  • District: 19
  • Subdivision Phase Number: 3A
  • Parcel: 1842.03-42-4316 0351125
  • Lot: 24
  • Municipality: WAKE FOREST
  • Latitude: 36.0085
  • Longitude: -78.5117

    Address

  • Full Address: 1124 Chamberwell Ave
  • Address - House Number: 1124
  • Address - Street Name: Chamberwell
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R021
  • 4-Digit Zip Code: 7941
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,596

    Appraisal Valuation

  • Standard Deviation: 0.1241
  • Valuation Date: Sep 14, 2022
  • Confidence Score: 86
  • Final Value: 509,067
  • High Value: 572,255
  • Low Value: 445,879

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $461,370
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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
  • Second Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Sep 09, 2022
  • Second Open Lien Mortgage Loan Amount: $226,370
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 16, 2047

    Market Valuation

  • Market Total Value: $320,826
  • Market Land Value: $30,000
  • Market Improvement Value: $290,826

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,826
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $290,826

    Sales

  • Current Sale Contract Date: Apr 12, 2007
  • Current Sale Recording Date: Apr 13, 2007
  • Current Sale Transaction ID: 1130950409
  • Current Sale Price: $318,500
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • First Mortgage Transaction Date: Apr 13, 2007
  • First Mortgage Loan Amount: $254,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2037
  • Second Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • Second Mortgage Transaction Date: Apr 13, 2007
  • Second Mortgage Loan Amount: $31,700
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: May 01, 2022

About Richland Hills



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Frequently Asked Questions

What neighborhood is 1124 Chamberwell Avenue located in?
The 1124 Chamberwell Avenue is a located in the neighborhood of Richland Hills in Richland Hills, Wake Forest.
What is the average sales price for listings in 1124 Chamberwell Avenue?
The average sales price for units in 1124 Chamberwell Avenue is $0 currently.

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