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1321 Marshall Farm Street

1321 Marshall Farm Street, Wake Forest, NC 27587
Property in Heritage
Sold Sep 14, 2020
$455,000
$380,000 by Central Trust Bank
Mortgage Due Oct 01, 2050
Sold Jul 01, 2005
$467,500
$240,000 by Summit Mortgage
Mortgage Due Aug 01, 2035
1321 Marshall Farm Street in Wake Forest, NC was first built in 2004 and is 20 years old. 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. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1321 Marshall Farm Street has 2,411 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 12,197 square feet.

Learn more about the property and building on this page. 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 528 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. The property was last sold in Sep 4, 2020 for $455,000. That's $188.72 per sqft. Prior to that sales transaction, the property was also sold in Jun 2, 2005 for $467,500. 1321 Marshall Farm Street was last assessed in 2022. The total value of the property was assessed at $403,322. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $283,322. 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 $4,515. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,411
  • Building Area: 2,411
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,411
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE W F
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO361 HERITAGE W/F PH3 SC2 BM2003-1013

Ownership

  • Current Owner : MCCASKILL MICHAEL
  • Current Owner 2: MCCASKILL AMY
  • Previous Owner : MURRAY FRANK E
  • Previous Owner 2: MURRAY FRANCINE M
  • Owner Before Previous Owner: FUTURE HOMES BY ODELL THOMPSON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0307892
  • District: 19
  • Subdivision Phase Number: 3
  • Parcel: 1759.01-09-5727 0307892
  • Lot: 361
  • Municipality: WAKE FOREST
  • Latitude: 35.9464
  • Longitude: -78.4915

    Address

  • Full Address: 1321 Marshall Farm St
  • Address - House Number: 1321
  • Address - Street Name: Marshall Farm
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 4342
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,515

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 663,041
  • High Value: 740,559
  • Low Value: 585,523

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $455,000
  • First Open Lien Mortgage Lender: CENTRAL TRUST BANK
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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, 2050
  • Second Open Lien Mortgage Lender: CENTRAL TRUST BANK
  • Second Open Lien Mortgage Recording Date: Mar 18, 2022
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 17, 2042

    Market Valuation

  • Market Total Value: $403,322
  • Market Land Value: $120,000
  • Market Improvement Value: $283,322

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $403,322
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $283,322

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11805408963
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 02, 2005
  • Previous Sale Amount: $467,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL TRUST BANK
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Heritage



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Frequently Asked Questions

What neighborhood is 1321 Marshall Farm Street located in?
The 1321 Marshall Farm Street is a located in the neighborhood of Heritage in Heritage, Wake Forest.
What is the average sales price for listings in 1321 Marshall Farm Street?
The average sales price for units in 1321 Marshall Farm Street is $0 currently.

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