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1221 Walnut Street

1221 Walnut Street, Cary, NC 27511
Commercial in Walnut Hills
1221 Walnut Street in Cary, NC was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1221 Walnut Street has 1,721 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,504 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1221 Walnut Street was last sold in Nov 28, 2016 for $120,000. According to our calculations, that's $69.73 per sqft. Prior to that sales transaction, the property was sold for $262,000 in Jan 28, 2016. Current property owners are expected to pay $3,364 in taxes per year. The property on 1221 Walnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $348,754. To break that down further, the land itself was valued at $131,799. While improvements to the property were assessed at a total of $216,955. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191021
10/21/2019
Studio
-
-
$2,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,721
  • Building Area: 1,721
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,721
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: MADISON
  • Land Acres: 0.31
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: LO1 MARIE CHANG PENG & TOMMY KOUNG PENG SE1 BM2017-01176

Ownership

  • Current Owner : HOMES BY DICKERSON INC
  • Previous Owner : WESTRN WAKE DEVELOPMENT LLC
  • Owner Before Previous Owner: KING JAMES P
  • Owner Before Previous Owner 2: KING JOYCE A

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053516

Zoning

  • Zoning: OIP

Geography

  • Account Number: 0053653
  • District: 04
  • Section: 1
  • Parcel: 0773.13-14-8463 0053653
  • Lot: 1
  • Municipality: CARY
  • Latitude: 35.7677
  • Longitude: -78.7577

    Address

  • Full Address: 1221 Walnut St
  • Address - House Number: 1221
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NC
  • City Name: Cary
  • Carrier Code: C009
  • 4-Digit Zip Code: 4730
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2016
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2031

    Market Valuation

  • Market Total Value: $348,754
  • Market Land Value: $131,799
  • Market Improvement Value: $216,955

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $348,754
  • Assessed Land Value: $131,799
  • Assessed Improvements Value: $216,955

    Sales

  • Current Sale Contract Date: Nov 28, 2016
  • Current Sale Recording Date: Nov 28, 2016
  • Current Sale Transaction ID: 1937190202
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 28, 2016
  • Previous Sale Contract Date: Jan 28, 2016
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 28, 2016
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2031

About Walnut Hills



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Frequently Asked Questions

What neighborhood is 1221 Walnut Street located in?
The 1221 Walnut Street is a commercial located in the neighborhood of Walnut Hills in Walnut Hills, Cary.
What is the average sales price for listings in 1221 Walnut Street?
The average sales price for units in 1221 Walnut Street is $0 currently.

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