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1192 Duke Farm Drive

1192 Duke Farm Drive, Wake Forest, NC 27587
Sold Mar 25, 2022
$667,000
$587,000 by State Employees Credit Union
Mortgage Due Apr 01, 2052
1192 Duke Farm Drive has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2021 and is 3 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, 1192 Duke Farm Drive has 3,279 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,117 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 18, 2022 for $667,000. That's $203.42 per sqft. 1192 Duke Farm Drive was last assessed in 2023. The total value of the property was assessed at $523,660. Specifically, the land the property is located on was valued at $98,000. While improvements on the property were assessed at a total of $425,660. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,169. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,279
  • Building Area: 3,279
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERRY FARMS
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO75 PERRY FARMS PH2 BM2021-00116

Ownership

  • Current Owner : LEWIS MARION B
  • Previous Owner : ICG HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054221

Zoning

  • Zoning: R&PUD

Geography

  • Assessors Map Reference: BK 2021 PG 116
  • Account Number: 0481775
  • District: 19
  • Subdivision Phase Number: 2
  • Parcel: 1850.04-92-4080 0481775
  • Lot: 75
  • Municipality: WAKE FOREST
  • Latitude: 35.9524
  • Longitude: -78.4612

    Address

  • Full Address: 1192 Duke Farm Dr
  • Address - House Number: 1192
  • Address - Street Name: Duke Farm
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R006
  • 4-Digit Zip Code: 7053
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,169

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 756,578
  • High Value: 854,661
  • Low Value: 658,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $587,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 25, 2022
  • First Open Lien Mortgage Loan Amount: $587,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $523,660
  • Market Land Value: $98,000
  • Market Improvement Value: $425,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,660
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $425,660

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Transaction ID: 11884108756
  • Current Sale Price: $667,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Mar 25, 2022
  • First Mortgage Loan Amount: $587,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

About Averette Farms



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Nearby Rentals

Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,849 ft²
Listing by Dawn Nuzzi

Frequently Asked Questions

What neighborhood is 1192 Duke Farm Drive located in?
The 1192 Duke Farm Drive is a house located in the neighborhood of Averette Farms in Averette Farms, Wake Forest.
What is the average sales price for listings in 1192 Duke Farm Drive?
The average sales price for units in 1192 Duke Farm Drive is $0 currently.

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