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1501 Laughridge Drive

1501 Laughridge Drive, Cary, NC 27511
Sold May 15, 2019
$313,000
$150,000 by Bank Of America Na
Mortgage Due Sep 20, 2049
Sold Mar 16, 2012
$210,000
$204,676 by Corporate Investors Mortgage G
Mortgage Due Apr 01, 2042
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Local assessors in Cary, NC have categorized 1501 Laughridge Drive as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1978. The property's lot size has been calculated to be 17,860 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 2 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 1501 Laughridge Drive has a total of 2,052 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 572 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 26, 2019 for $313,000. That's $152.53 per sqft. Prior to that sales transaction, the property was also sold in Mar 12, 2012 for $210,000. 1501 Laughridge Drive was last assessed in 2022. The total value of the property was assessed at $320,090. Specifically, the land the property is located on was valued at $135,000. While improvements on the property were assessed at a total of $185,090. 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 $3,107. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1978
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 572
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCOTTISH HILLS SUB
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO302 SCOTTISH HILLS SUB PT C SEIV

Ownership

  • Current Owner : JOHNSON CURTIS M
  • Current Owner 2: JOHNSON KATHRYN L
  • Previous Owner : COPE MICHAEL BRENT
  • Previous Owner 2: COPE MARIAH LYNN
  • Owner Before Previous Owner: JOHNSON CHARLES EDWARD
  • Owner Before Previous Owner 2: JOHNSON ALICE JOHNSON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053518

Zoning

  • Zoning: R12

Geography

  • Account Number: 0083663
  • District: 04
  • Section: 4
  • Parcel: 0753.20-70-9034 0083663
  • Lot: 302
  • Municipality: CARY
  • Latitude: 35.7557
  • Longitude: -78.8047

    Address

  • Full Address: 1501 Laughridge Dr
  • Address - House Number: 1501
  • Address - Street Name: Laughridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: C027
  • 4-Digit Zip Code: 5217
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,107

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 522,655
  • High Value: 590,790
  • Low Value: 454,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 30, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 20, 2049

    Market Valuation

  • Market Total Value: $320,090
  • Market Land Value: $135,000
  • Market Improvement Value: $185,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,090
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $185,090

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Transaction ID: 11609335504
  • Current Sale Price: $313,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 16, 2012
  • Previous Sale Contract Date: Mar 12, 2012
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Mar 16, 2012
  • Previous Mortgage Loan Amount: $204,676
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Scottish Hills



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Frequently Asked Questions

What neighborhood is 1501 Laughridge Drive located in?
The 1501 Laughridge Drive is a house located in the neighborhood of Scottish Hills in Scottish Hills, Cary.
What is the average sales price for listings in 1501 Laughridge Drive?
The average sales price for units in 1501 Laughridge Drive is $0 currently.

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