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113 Lochwood East Drive

113 Lochwood East Drive, Cary, NC 27518
House in Lochmere
Sold Jul 10, 2019
$540,000
$426,000 by Watermark Capital Inc
Mortgage Due Oct 01, 2050
Sold Oct 31, 2018
$480,000
$432,000 by Movement Mortgage
Mortgage Due Nov 01, 2048
113 Lochwood East Drive in Cary, NC was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 2006. 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 3 full bathrooms. There are 3 partial bathrooms. 113 Lochwood East Drive has 3,682 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. The basement is 791 sqft and has been categorized as a full basement. In total, the area measurement of the land is 22,651 square feet.

Learn more about the property and building on this page. The home has a gable style roof. 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 700 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. The condition of the building has been evaluated as average. 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 and being fueled with gas. 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. 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, 113 Lochwood East Drive sold most recently in Jul 9, 2019 for a total of $540,000. If you work out the math, that's approximately a cost of $146.66 per sqft. Before that, the property was also sold for $480,000 in Oct 23, 2018. 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 $5,184 in taxes each year. 113 Lochwood East Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $535,363. If we break it down further, the land itself was valued at $175,000. Improvements to the property, however, were assessed at a total of $360,363. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 791
  • Garage Type: Garage
  • Garage Square Area: 700
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 3,682
  • Building Area: 3,682
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,682
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCHMERE SUBDIVISION
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO276 LOCHMERE PHAS 5 SE3 BM1985-893

Ownership

  • Current Owner : PULIDO AMANDA C
  • Current Owner 2: MCDONALD KEVIN J
  • Previous Owner : DEROGATIS DAVID V
  • Previous Owner 2: MCGOWAN DENISE M
  • Owner Before Previous Owner: GAAL STEPHEN
  • Owner Before Previous Owner 2: GAAL THERESE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053003

Zoning

  • Zoning: R12P

Geography

  • Account Number: 0144221
  • District: 18
  • Section: 3
  • Subdivision Phase Number: 5
  • Parcel: 0772.03-21-5921 0144221
  • Lot: 276
  • Municipality: SWIFT CREEK
  • Latitude: 35.7333
  • Longitude: -78.7557

    Address

  • Full Address: 113 Lochwood East Dr
  • Address - House Number: 113
  • Address - Street Name: Lochwood East
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R011
  • 4-Digit Zip Code: 8993
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,184

    Appraisal Valuation

  • Standard Deviation: 0.1314
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 839,434
  • High Value: 949,760
  • Low Value: 729,108

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $426,000
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $426,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $535,363
  • Market Land Value: $175,000
  • Market Improvement Value: $360,363

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $535,363
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $360,363

    Sales

  • Current Sale Contract Date: Jul 09, 2019
  • Current Sale Recording Date: Jul 10, 2019
  • Current Sale Transaction ID: 11633617586
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 23, 2018
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 10, 2019
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Oct 31, 2018
  • Previous Mortgage Loan Amount: $432,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Lochmere



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Frequently Asked Questions

What neighborhood is 113 Lochwood East Drive located in?
The 113 Lochwood East Drive is a house located in the neighborhood of Lochmere in Lochmere, Cary.
What is the average sales price for listings in 113 Lochwood East Drive?
The average sales price for units in 113 Lochwood East Drive is $0 currently.

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