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1217 Groves Field Lane

1217 Groves Field Lane, Wake Forest, NC 27587
House in Heritage
Sold Jun 30, 2022
$565,000
$452,000 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jul 01, 2052
Sold Feb 25, 2020
$332,000
$280,000 by United Wholesale Mortgage
Mortgage Due Mar 01, 2050
Local assessors in Wake Forest, NC have categorized 1217 Groves Field Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 1217 Groves Field Lane has a total of 3,238 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 528 sqft. 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, 1217 Groves Field Lane sold most recently in Jun 30, 2022 for a total of $565,000. If you work out the math, that's approximately a cost of $174.49 per sqft. Before that, the property was also sold for $332,000 in Feb 10, 2020. 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 $4,027 in taxes each year. 1217 Groves Field Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $359,523. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $279,523. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,238
  • Building Area: 3,238
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,238
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE WAKE FOREST
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO210 HERITAGE W/F PH1 SC13-B BM2002-00424

Ownership

  • Current Owner : NGUGI DAVID KIMINDA
  • Current Owner 2: KIMINDA LYDIA WAMAITHA
  • Previous Owner : GIBBENS
  • Previous Owner 2: KAILEY
  • Owner Before Previous Owner: SPH ONE LLLP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0296196
  • District: 19
  • Subdivision Phase Number: 1
  • Parcel: 1840.04-82-9650 0296196
  • Lot: 210
  • Municipality: WAKE FOREST
  • Latitude: 35.9542
  • Longitude: -78.4967

    Address

  • Full Address: 1217 Groves Field Ln
  • Address - House Number: 1217
  • Address - Street Name: Groves Field
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 4243
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,027

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 561,702
  • High Value: 627,389
  • Low Value: 496,015

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $359,523
  • Market Land Value: $80,000
  • Market Improvement Value: $279,523

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $359,523
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $279,523

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891275373
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 25, 2020
  • Previous Sale Contract Date: Feb 10, 2020
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jun 30, 2022
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Feb 25, 2020
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Heritage



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1217 Groves Field Lane located in?
The 1217 Groves Field Lane is a house located in the neighborhood of Heritage in Heritage, Wake Forest.
What is the average sales price for listings in 1217 Groves Field Lane?
The average sales price for units in 1217 Groves Field Lane is $0 currently.

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