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1188 Boxcar Way

1188 Boxcar Way, Apex, NC 27502
Sold Apr 28, 2022
$491,000
$405,000 by Coastal Federal Credit Union
Mortgage Due May 01, 2052
Sold Dec 03, 2019
$305,000
$228,750 by Prosperity Home Mortgage Llc
Mortgage Due Dec 01, 2049
1188 Boxcar Way has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 2016 and is 8 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, 1188 Boxcar Way has 2,430 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 582 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1188 Boxcar Way sold most recently in Apr 4, 2022 for a total of $491,000. If you work out the math, that's approximately a cost of $202.06 per sqft. Before that, the property was also sold for $305,000 in Nov 27, 2019. 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 $3,264 in taxes each year. 1188 Boxcar Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $315,060. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $260,060. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 582
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ENCLAVE TRACKSIDE
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO39 THE ENCLAVE@TRACKSIDE BM2014-01198

Ownership

  • Current Owner : GAITHER BRYCE TAN
  • Current Owner 2: GAITHER JULIA TAN
  • Previous Owner : PATRICIA DEROGATIS
  • Owner Before Previous Owner: BARKER TIMOTHY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053416

Zoning

  • Zoning: PUD-CZ

Geography

  • Account Number: 0423878
  • District: 20
  • Parcel: 0742.11-57-3121 0423878
  • Lot: 39
  • Municipality: WHITE OAK
  • Latitude: 35.7478
  • Longitude: -78.8472

    Address

  • Full Address: 1188 Boxcar Way
  • Address - House Number: 1188
  • Address - Street Name: Boxcar
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Apex
  • Carrier Code: C001
  • 4-Digit Zip Code: 2471
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,264

    Appraisal Valuation

  • Standard Deviation: 0.1281
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 529,854
  • High Value: 597,768
  • Low Value: 461,941

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $315,060
  • Market Land Value: $55,000
  • Market Improvement Value: $260,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $315,060
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $260,060

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11886807952
  • Current Sale Price: $491,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Nov 27, 2019
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Apr 28, 2022
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 03, 2019
  • Previous Mortgage Loan Amount: $228,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About The Villages of Apex



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Frequently Asked Questions

What neighborhood is 1188 Boxcar Way located in?
The 1188 Boxcar Way is a townhouse located in the neighborhood of The Villages of Apex in The Villages of Apex, Apex.
What is the average sales price for listings in 1188 Boxcar Way?
The average sales price for units in 1188 Boxcar Way is $0 currently.

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