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1327 Brown Velvet Lane

1327 Brown Velvet Lane, Apex, NC 27523
House in Wake
Sold Oct 16, 2020
$347,500
Local assessors in Apex, NC have categorized 1327 Brown Velvet Lane as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 3,920 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1327 Brown Velvet Lane has a total of 1,855 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Oct 16, 2020 for $347,500. That's $187.33 per sqft. 1327 Brown Velvet Lane was last assessed in 2022. The total value of the property was assessed at $346,423. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $291,423. 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 $3,586. 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.

Building Features

Condition

New Construction

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,855
  • Building Area: 1,855
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,855
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SWEETWATER
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO330 SWEETWATER PH4 BM2017-00538

Ownership

  • Current Owner : LANGDON JENNIFER A
  • Previous Owner : EXPERIENCEONE HOMES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chatham County Schools
  • Census Tract: 053412

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2017 PG 538
  • Account Number: 0444879
  • District: 20
  • Subdivision Phase Number: 4
  • Parcel: 0722.03-33-9137 0444879
  • Lot: 330
  • Municipality: WHITE OAK
  • Latitude: 35.737
  • Longitude: -78.9193

    Address

  • Full Address: 1327 Brown Velvet Ln
  • Address - House Number: 1327
  • Address - Street Name: Brown Velvet
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R052
  • 4-Digit Zip Code: 4102
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,586

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 333,519
  • High Value: 356,434
  • Low Value: 310,605

    Market Valuation

  • Market Total Value: $346,423
  • Market Land Value: $55,000
  • Market Improvement Value: $291,423

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $346,423
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $291,423

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11825561488
  • Current Sale Price: $347,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $329,695
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Wake



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Frequently Asked Questions

What neighborhood is 1327 Brown Velvet Lane located in?
The 1327 Brown Velvet Lane is a house located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 1327 Brown Velvet Lane?
The average sales price for units in 1327 Brown Velvet Lane is $0 currently.

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