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119 Spring Hollow Lane

119 Spring Hollow Lane, Cary, NC 27518
House in Lochmere
Sold Nov 04, 2019
$405,000
$404,000 by Pentagon Fcu
Mortgage Due Sep 01, 2051
Sold Apr 29, 2019
$441,500
Local assessors in Cary, NC have categorized 119 Spring Hollow Lane as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 21,344 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 119 Spring Hollow Lane has a total of 2,625 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 700 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 119 Spring Hollow Lane sold most recently in Oct 4, 2019 for a total of $405,000. If you work out the math, that's approximately a cost of $154.29 per sqft. Before that, the property was also sold for $441,500 in Apr 25, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,293 in taxes each year. 119 Spring Hollow Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $442,999. 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 $267,999. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1986
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • 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: 700
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 2,625
  • Building Area: 2,625
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,625
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCHMERE
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO295 LOCHMERE PH5 SE2 BM1985-894

Ownership

  • Current Owner : TIPTON THOMAS
  • Current Owner 2: RZUCIDLO CARA
  • Previous Owner : OPENDOOR HOMES PHOENIX 2 LLC
  • Owner Before Previous Owner: DYCK CHRISTOPHER L
  • Owner Before Previous Owner 2: DYCK THERESA Y
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R12P

Geography

  • Assessors Map Reference: BK 1985 PG 894
  • Account Number: 0144240
  • District: 18
  • Section: 2
  • Subdivision Phase Number: 5
  • Parcel: 0772.03-21-7191 0144240
  • Lot: 295
  • Municipality: SWIFT CREEK
  • Latitude: 35.731
  • Longitude: -78.7548

    Address

  • Full Address: 119 Spring Hollow Ln
  • Address - House Number: 119
  • Address - Street Name: Spring Hollow
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R011
  • 4-Digit Zip Code: 9727
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,293

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 722,236
  • High Value: 811,634
  • Low Value: 632,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,000
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $404,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $442,999
  • Market Land Value: $175,000
  • Market Improvement Value: $267,999

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $442,999
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $267,999

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Nov 04, 2019
  • Current Sale Transaction ID: 11704672477
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 29, 2019
  • Previous Sale Contract Date: Apr 25, 2019
  • Previous Sale Amount: $441,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Nov 04, 2019
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Apr 29, 2019
  • Previous Mortgage Loan Type: Commercial

About Lochmere



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Nearby Rentals

Unit for rent at

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,314 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 119 Spring Hollow Lane located in?
The 119 Spring Hollow Lane is a house located in the neighborhood of Lochmere in Lochmere, Cary.
What is the average sales price for listings in 119 Spring Hollow Lane?
The average sales price for units in 119 Spring Hollow Lane is $0 currently.

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