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127 Lantern Ridge Lane

127 Lantern Ridge Lane, Cary, NC 27519
Property in Cary Park
Sold Aug 13, 2013
$540,000
$405,000 by Guaranty Trust Co
Mortgage Due Sep 01, 2043
Sold Jun 29, 2012
$540,000
$459,000 by Fm Lending Services Inc
Mortgage Due Jul 01, 2042
127 Lantern Ridge Lane in Cary, NC was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential 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 3 full bathrooms. There are 3 partial bathrooms. 127 Lantern Ridge Lane has 3,586 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 home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 434 sqft. 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. 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, 127 Lantern Ridge Lane was last sold in Jul 31, 2013 for $540,000. According to our calculations, that's $150.59 per sqft. Prior to that sales transaction, the property was sold for $540,000 in Jun 28, 2012. Current property owners are expected to pay $6,812 in taxes per year. The property on 127 Lantern Ridge Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $704,191. To break that down further, the land itself was valued at $150,000. While improvements to the property were assessed at a total of $554,191. 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.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 434
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 3,586
  • Building Area: 3,586
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,586
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARY PARK SUB
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO200 CARY PARK SUB BM2001-2247

Ownership

  • Current Owner : OLTMAN ERIC
  • Current Owner 2: OLTMAN LISA CARINNE
  • Previous Owner : IRWIN STEPHEN J
  • Previous Owner 2: IRWIN KRISTIN D
  • Owner Before Previous Owner: INSCOE DAVID S
  • Owner Before Previous Owner 2: INSCOE CANDACE WILKINS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053410

Zoning

  • Zoning: R12P

Geography

  • Account Number: 0292811
  • District: 20
  • Parcel: 0724.02-79-8985 0292811
  • Lot: 200
  • Municipality: WHITE OAK
  • Latitude: 35.8106
  • Longitude: -78.906

    Address

  • Full Address: 127 Lantern Ridge Ln
  • Address - House Number: 127
  • Address - Street Name: Lantern Ridge
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R065
  • 4-Digit Zip Code: 7163
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,812

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 1,026,020
  • High Value: 1,157,672
  • Low Value: 894,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $485,900
  • First Open Lien Mortgage Lender: GUARANTY TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 13, 2013
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Sep 01, 2043
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK AND TRUST
  • Second Open Lien Mortgage Loan Amount: $80,900
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $704,191
  • Market Land Value: $150,000
  • Market Improvement Value: $554,191

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $704,191
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $554,191

    Sales

  • Current Sale Contract Date: Jul 31, 2013
  • Current Sale Recording Date: Aug 13, 2013
  • Current Sale Transaction ID: 1131461682
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Contract Date: Jun 28, 2012
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY TRUST CO
  • First Mortgage Transaction Date: Aug 13, 2013
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2043
  • Second Mortgage Lender: FIRST CITIZENS BANK AND TRUST
  • Second Mortgage Transaction Date: Aug 13, 2013
  • Second Mortgage Loan Amount: $80,900
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: FM LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Jun 29, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $459,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 127 Lantern Ridge Lane located in?
The 127 Lantern Ridge Lane is a located in the neighborhood of Cary Park in Cary Park, Cary.
What is the average sales price for listings in 127 Lantern Ridge Lane?
The average sales price for units in 127 Lantern Ridge Lane is $0 currently.

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