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1200 Chessway Drive

1200 Chessway Drive, Morrisville, NC 27560
Property in Chessington
Sold Nov 13, 2015
$500,000
Sold Mar 04, 2011
$435,000
$413,250 by Primelending
Mortgage Due Mar 01, 2041
1200 Chessway Drive has been categorized by the local assessors in Morrisville, NC as a residential type of property. The building on the property was first built in 2010 and is 14 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, 1200 Chessway Drive has 3,663 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 10,890 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 462 sqft. 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. 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, 1200 Chessway Drive sold most recently in Nov 12, 2015 for a total of $500,000. If you work out the math, that's approximately a cost of $136.50 per sqft. Before that, the property was also sold for $435,000 in Mar 4, 2011. 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 $6,169 in taxes each year. 1200 Chessway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $582,552. If we break it down further, the land itself was valued at $132,000. Improvements to the property, however, were assessed at a total of $450,552. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • 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 Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,663
  • Building Area: 3,663
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,663
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHESSINGTON
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO51 CHESSINGTON BM2007-02745

Ownership

  • Current Owner : MASOOD KHURRAM
  • Current Owner 2: AWAN NAHEED AKBER
  • Previous Owner : BERLIN DANIEL L
  • Previous Owner 2: BERLIN MINH HIEP
  • Owner Before Previous Owner: ASHTON RALEIGH RESIDENTIAL LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Aug 10, 2023

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053611

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: BK 2007 PG 2745
  • Account Number: 0367879
  • District: 05
  • Parcel: 0745.01-48-0017 0367879
  • Lot: 51
  • Municipality: CEDAR FORK
  • Latitude: 35.8328
  • Longitude: -78.8516

    Address

  • Full Address: 1200 Chessway Dr
  • Address - House Number: 1200
  • Address - Street Name: Chessway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R010
  • 4-Digit Zip Code: 6019
  • Zip Code: 27560

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.126
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 86
  • Final Value: 896,743
  • High Value: 1,009,795
  • Low Value: 783,692

    Market Valuation

  • Market Total Value: $582,552
  • Market Land Value: $132,000
  • Market Improvement Value: $450,552

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,552
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $450,552

    Sales

  • Current Sale Contract Date: Nov 12, 2015
  • Current Sale Recording Date: Nov 13, 2015
  • Current Sale Transaction ID: 1468962334
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 04, 2011
  • Previous Sale Contract Date: Mar 04, 2011
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 2004 0000145 LLC
  • First Mortgage Transaction Date: Nov 13, 2015
  • First Mortgage Loan Amount: $399,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 04, 2011
  • Previous Mortgage Loan Amount: $413,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2041

About Chessington



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Frequently Asked Questions

What neighborhood is 1200 Chessway Drive located in?
The 1200 Chessway Drive is a located in the neighborhood of Chessington in Chessington, Morrisville.
What is the average sales price for listings in 1200 Chessway Drive?
The average sales price for units in 1200 Chessway Drive is $0 currently.

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