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127 Palace Green

127 Palace Green, Cary, NC 27518
Sold Sep 15, 2021
$505,000
$404,000 by T2 Financial Llc
Mortgage Due Oct 01, 2051
Sold Oct 22, 2010
$325,000
$299,403 by Fm Lending Services Inc
Mortgage Due Nov 01, 2040
127 Palace Green in Cary, NC was first built in 1988 and is 36 years old. Although, the building on the property was most recently renovated and altered in 2008. 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. 127 Palace Green has 2,265 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 8,276 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 529 sqft. There are a total of 2 available parking spaces. 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. 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, 127 Palace Green sold most recently in Sep 13, 2021 for a total of $505,000. If you work out the math, that's approximately a cost of $222.96 per sqft. Before that, the property was also sold for $325,000 in Oct 20, 2010. 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 $4,171 in taxes each year. 127 Palace Green was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $430,331. If we break it down further, the land itself was valued at $76,000. Improvements to the property, however, were assessed at a total of $354,331. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1988
  • Effective Year Built: 2008
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 10
  • 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
  • Garage Type: Garage
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,265
  • Building Area: 2,265
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,265
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSBURGH COMMONS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO14 WILLIAMSBURGH COM'NS PH1 SE2 BM1988-00316

Ownership

  • Current Owner : COLLINGE LAURA MAE
  • Previous Owner : CLARK WAYNE
  • Previous Owner 2: CLARK AMY
  • Owner Before Previous Owner: MASSIE ARMAND J
  • Owner Before Previous Owner 2: ABATE DIANE CAROL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053405

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0170232
  • District: 20
  • Section: 2
  • Subdivision Phase Number: 1
  • Parcel: 0761.07-59-0392 0170232
  • Lot: 14
  • Municipality: WHITE OAK
  • Latitude: 35.7262
  • Longitude: -78.7806

    Address

  • Full Address: 127 Palace Grn
  • Address - House Number: 127
  • Address - Street Name: Palace
  • Address - Suffix Type: Grn
  • State: NC
  • City Name: Cary
  • Carrier Code: R041
  • 4-Digit Zip Code: 9763
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,171

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 80
  • Final Value: 594,390
  • High Value: 687,274
  • Low Value: 501,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,000
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Loan Amount: $404,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $430,331
  • Market Land Value: $76,000
  • Market Improvement Value: $354,331

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $430,331
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $354,331

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11861250851
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 22, 2010
  • Previous Sale Contract Date: Oct 20, 2010
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 15, 2021
  • First Mortgage Loan Amount: $404,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FM LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Oct 22, 2010
  • Previous Mortgage Loan Amount: $299,403
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Lochmere



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Frequently Asked Questions

What neighborhood is 127 Palace Green located in?
The 127 Palace Green is a located in the neighborhood of Williamsburg Commons in Lochmere, Cary.
What is the average sales price for listings in 127 Palace Green?
The average sales price for units in 127 Palace Green is $0 currently.

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