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12701 Waterman Drive

12701 Waterman Drive, Raleigh, NC 27614
Sold Dec 29, 2000
$411,000
$277,000 by Ctx Mtg
Mortgage Due Sep 01, 2033
Sold Jul 14, 1986
$221,000
12701 Waterman Drive 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 1986 and is 38 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, 12701 Waterman Drive has 3,249 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 43,124 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 650 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof. 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. 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 property was last sold in Dec 26, 2000 for $411,000. That's $126.50 per sqft. Prior to that sales transaction, the property was also sold in Jul 14, 1986 for $221,000. 12701 Waterman Drive was last assessed in 2022. The total value of the property was assessed at $437,995. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $337,995. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,183. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • 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: 650
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 3,249
  • Building Area: 3,249
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,249
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: POINTE FALLS LAKE
  • Land Acres: 0.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO60 POINTE AT FALLS LAKE BM1984-01575

Ownership

  • Current Owner : GRIFFIN CHARLES PRESTON
  • Previous Owner : HEARN JENNIFER C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053805

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0137110
  • District: 02
  • Parcel: 1810.03-14-5910 0137110
  • Lot: 60
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9611
  • Longitude: -78.623

    Address

  • Full Address: 12701 Waterman Dr
  • Address - House Number: 12701
  • Address - Street Name: Waterman
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R020
  • 4-Digit Zip Code: 8002
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,183

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 761,848
  • High Value: 856,150
  • Low Value: 667,546

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $710,000
  • First Open Lien Mortgage Lender: CTX MTG
  • First Open Lien Mortgage Recording Date: Aug 14, 2003
  • First Open Lien Mortgage Loan Amount: $277,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033
  • Second Open Lien Mortgage Lender: NORTH STATE BANK
  • Second Open Lien Mortgage Recording Date: May 26, 2021
  • Second Open Lien Mortgage Loan Amount: $163,000
  • Second Open Lien Mortgage Term: 20
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Non Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Feb 15, 2023
  • Third Open Lien Mortgage Lender: NORTH STATE BANK
  • Third Open Lien Mortgage Recording Date: May 26, 2021
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $270,000
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Feb 15, 2036

    Market Valuation

  • Market Total Value: $437,995
  • Market Land Value: $100,000
  • Market Improvement Value: $337,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $437,995
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $337,995

    Sales

  • Current Sale Contract Date: Dec 26, 2000
  • Current Sale Recording Date: Dec 29, 2000
  • Current Sale Transaction ID: 1130704543
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 14, 1986
  • Previous Sale Contract Date: Jul 14, 1986
  • Previous Sale Amount: $221,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CTX MTG
  • First Mortgage Transaction Date: Dec 29, 2000
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2031

About Pointe at Falls Lake



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Nearby Rentals

Unit for rent at 1329 Deerhurst Drive, Raleigh, NC, 27614

$2,995 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,825 ft²
1329 Deerhurst Drive, Raleigh, NC, 27614 Listing by Spencer Southern

Frequently Asked Questions

What neighborhood is 12701 Waterman Drive located in?
The 12701 Waterman Drive is a located in the neighborhood of Pointe at Falls Lake in Pointe at Falls Lake, Raleigh.
What is the average sales price for listings in 12701 Waterman Drive?
The average sales price for units in 12701 Waterman Drive is $0 currently.

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