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1401 Kinnesaw Street

1401 Kinnesaw Street, Wake Forest, NC 27587
House in Wake
Sold Nov 01, 2019
$690,000
$543,687 by Better Mortgage Corporation
Mortgage Due Apr 01, 2041
Sold Nov 05, 2018
$220,000
$483,750 by North State Bank
Mortgage Due Nov 15, 2019
1401 Kinnesaw Street has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2019 and is 5 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, 1401 Kinnesaw Street has 3,853 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 14,810 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 887 sqft. 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 frame control joints. 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 building on the property is connected to a sewer system. 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, 1401 Kinnesaw Street was last sold in Oct 23, 2019 for $690,000. According to our calculations, that's $179.08 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Nov 2, 2018. Current property owners are expected to pay $8,217 in taxes per year. The property on 1401 Kinnesaw Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $706,950. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $596,950. 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. 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!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.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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: 887
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 3,853
  • Building Area: 3,853
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,853
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STONEWATER
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO93 STONEWATER PH3 BM2018-02045

Ownership

  • Current Owner : TATOR DONALD J
  • Current Owner 2: TATOR ELIZABETH C
  • Previous Owner : CAPITAL CITY HOMES
  • Owner Before Previous Owner: MBA LAND GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054206

Zoning

  • Zoning: RM-CZ

Geography

  • Assessors Map Reference: BK 2018 PG 2045
  • Account Number: 0455341
  • District: 19
  • Subdivision Phase Number: 3
  • Parcel: 1749.02-75-3551 0455341
  • Lot: 93
  • Municipality: WAKE FOREST
  • Latitude: 35.9347
  • Longitude: -78.5022

    Address

  • Full Address: 1401 Kinnesaw St
  • Address - House Number: 1401
  • Address - Street Name: Kinnesaw
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R042
  • 4-Digit Zip Code: 8769
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,217

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 86
  • Final Value: 1,032,515
  • High Value: 1,158,361
  • Low Value: 906,669

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $693,687
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $543,687
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK
  • Second Open Lien Mortgage Recording Date: Jan 23, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $706,950
  • Market Land Value: $110,000
  • Market Improvement Value: $596,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,950
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $596,950

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11704621913
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Contract Date: Nov 02, 2018
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $552,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Nov 05, 2018
  • Previous Mortgage Loan Amount: $483,750
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 15, 2019

About Wake



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Frequently Asked Questions

What neighborhood is 1401 Kinnesaw Street located in?
The 1401 Kinnesaw Street is a house located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 1401 Kinnesaw Street?
The average sales price for units in 1401 Kinnesaw Street is $0 currently.

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