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12612 Village Springs Road

12612 Village Springs Road, Raleigh, NC 27614
Sold May 15, 2018
$1,045,000
$836,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2048
Sold Oct 14, 2016
$270,000
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12612 Village Springs Road has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 2017 and is 7 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, 12612 Village Springs Road has 6,079 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 18,731 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 368 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 brick control joints. The exterior walls of the building are made of brick. 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 and being fueled with gas. 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. 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, 12612 Village Springs Road was last sold in May 11, 2018 for $1,045,000. According to our calculations, that's $171.90 per sqft. Prior to that sales transaction, the property was sold for $270,000 in Oct 14, 2016. Current property owners are expected to pay $11,825 in taxes per year. The property on 12612 Village Springs Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,165,893. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $1,035,893. 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. 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. 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.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 368
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 6,079
  • Building Area: 6,079
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,079
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WKFLD PLTN FAIRVIEW
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO7 WKFLD PLTN FAIRVIEW PH2 BM2004-00675

Ownership

  • Current Owner : SINGH TAJINDER
  • Current Owner 2: KAUR KULDEEP
  • Previous Owner : HEATON CONSTRUCTION INC
  • Owner Before Previous Owner: WAKEFIELD NC LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054207

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0322542
  • District: 19
  • Subdivision Phase Number: 2
  • Parcel: 1830.03-03-4633 0322542
  • Lot: 7
  • Municipality: WAKE FOREST
  • Latitude: 35.9573
  • Longitude: -78.5593

    Address

  • Full Address: 12612 Village Springs Rd
  • Address - House Number: 12612
  • Address - Street Name: Village Springs
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R096
  • 4-Digit Zip Code: 7326
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,825

    Appraisal Valuation

  • Standard Deviation: 0.1174
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,645,759
  • High Value: 1,839,061
  • Low Value: 1,452,458

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $931,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 15, 2018
  • First Open Lien Mortgage Loan Amount: $836,000
  • 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: Jun 01, 2048
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Aug 15, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $95,000
  • Second Open Lien Mortgage Term: 263
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Aug 09, 2041

    Market Valuation

  • Market Total Value: $1,165,893
  • Market Land Value: $130,000
  • Market Improvement Value: $1,035,893

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,165,893
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $1,035,893

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 15, 2018
  • Current Sale Transaction ID: 11464702928
  • Current Sale Price: $1,045,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 15, 2018
  • First Mortgage Loan Amount: $836,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About North Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,000 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,830 ft²
Listing by Mamta Malkan

Frequently Asked Questions

What neighborhood is 12612 Village Springs Road located in?
The 12612 Village Springs Road is a house located in the neighborhood of Fairview at Wakefield Plantation in North Raleigh, Raleigh.
What is the average sales price for listings in 12612 Village Springs Road?
The average sales price for units in 12612 Village Springs Road is $0 currently.

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