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115 Palace Green

115 Palace Green, Cary, NC 27518
Sold Nov 15, 2021
$500,000
$400,000 by Townebank Mortgage
Mortgage Due Dec 01, 2051
Sold Jun 20, 2018
$370,000
$336,530 by Movement Mortgage
Mortgage Due Jul 01, 2048
115 Palace Green in Cary, NC was first built in 1986 and is 38 years old. 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 2 full bathrooms. There are 3 partial bathrooms. 115 Palace Green has 2,135 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. In total, the area measurement of the land is 7,405 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 390 sqft. There is one available parking space. 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. 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, 115 Palace Green was last sold in Nov 12, 2021 for $500,000. According to our calculations, that's $234.19 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Jun 19, 2018. Current property owners are expected to pay $3,473 in taxes per year. The property on 115 Palace Green was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $357,987. To break that down further, the land itself was valued at $76,000. While improvements to the property were assessed at a total of $281,987. 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. 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.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: 1986
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,135
  • Building Area: 2,135
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,135
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSBURG COMMONS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO8 WILLIAMSBURG COMMONS PH1 SE1 BM1986-01184

Ownership

  • Current Owner : LOFTUS WILLIAM JOHN CLARK
  • Current Owner 2: AMATO MAKENZIE JADE
  • Previous Owner : DODD ROBERT WAYNE
  • Previous Owner 2: DONNELLY KATHERINE ELIZABETH
  • Owner Before Previous Owner: BURTON CAROL MARION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053405

Zoning

  • Zoning: TRP

Geography

  • Assessors Map Reference: BK 1986 PG 1184
  • Account Number: 0153835
  • District: 18
  • Section: 1
  • Subdivision Phase Number: 1
  • Parcel: 0761.07-59-6282 0153835
  • Lot: 8
  • Municipality: SWIFT CREEK
  • Latitude: 35.726
  • Longitude: -78.7787

    Address

  • Full Address: 115 Palace Grn
  • Address - House Number: 115
  • Address - Street Name: Palace
  • Address - Suffix Type: Grn
  • State: NC
  • City Name: Cary
  • Carrier Code: R041
  • 4-Digit Zip Code: 9762
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,473

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 593,690
  • High Value: 667,177
  • Low Value: 520,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $357,987
  • Market Land Value: $76,000
  • Market Improvement Value: $281,987

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $357,987
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $281,987

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11869128006
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 20, 2018
  • Previous Sale Contract Date: Jun 19, 2018
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Jun 20, 2018
  • Previous Mortgage Loan Amount: $336,530
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Lochmere



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Frequently Asked Questions

What neighborhood is 115 Palace Green located in?
The 115 Palace Green is a located in the neighborhood of Williamsburg Commons in Lochmere, Cary.
What is the average sales price for listings in 115 Palace Green?
The average sales price for units in 115 Palace Green is $0 currently.

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