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1506 Ashley Downs Drive

1506 Ashley Downs Drive, Apex, NC 27502
Property in Ashley Downs
Sold Jan 14, 2015
$275,000
$220,000 by Premia Mortgage Llc
Mortgage Due Feb 01, 2045
Sold Jun 25, 2004
$248,000
$198,400 by Bank Of America Na
Mortgage Due Jul 01, 2034
Local assessors in Apex, NC have categorized 1506 Ashley Downs Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 12,197 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 1506 Ashley Downs Drive has a total of 2,732 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 460 sqft. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1506 Ashley Downs Drive sold most recently in Jan 9, 2015 for a total of $275,000. If you work out the math, that's approximately a cost of $100.66 per sqft. Before that, the property was also sold for $248,000 in Jun 25, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,109 in taxes each year. 1506 Ashley Downs Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $372,737. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $292,737. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,732
  • Building Area: 2,732
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,732
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ASHLEY DOWNS SUB
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO14 ASHLEY DOWNS SUB PH3B SC1 BM2001-00121

Ownership

  • Current Owner : BREW DAVID
  • Current Owner 2: BREW AMBER
  • Previous Owner : ZHENG YU
  • Previous Owner 2: JIANG LIQIU
  • Owner Before Previous Owner: HUANG ZEQI
  • Owner Before Previous Owner 2: JIN GUIPING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053433

Zoning

  • Zoning: MD-CU

Geography

  • Account Number: 0285129
  • District: 20
  • Subdivision Phase Number: SC1
  • Parcel: 0732.03-32-2669 0285129
  • Lot: 14
  • Municipality: WHITE OAK
  • Latitude: 35.7357
  • Longitude: -78.8879

    Address

  • Full Address: 1506 Ashley Downs Dr
  • Address - House Number: 1506
  • Address - Street Name: Ashley Downs
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Apex
  • Carrier Code: R023
  • 4-Digit Zip Code: 4965
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,109

    Appraisal Valuation

  • Standard Deviation: 0.1262
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 605,345
  • High Value: 681,755
  • Low Value: 528,934

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: PREMIA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2015
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Feb 01, 2045
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 12, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $372,737
  • Market Land Value: $80,000
  • Market Improvement Value: $292,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,737
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $292,737

    Sales

  • Current Sale Contract Date: Jan 09, 2015
  • Current Sale Recording Date: Jan 14, 2015
  • Current Sale Transaction ID: 1131570572
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 25, 2004
  • Previous Sale Contract Date: Jun 25, 2004
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIA MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 14, 2015
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 25, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $198,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Ashley Downs



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Frequently Asked Questions

What neighborhood is 1506 Ashley Downs Drive located in?
The 1506 Ashley Downs Drive is a located in the neighborhood of Ashley Downs in Ashley Downs, Apex.
What is the average sales price for listings in 1506 Ashley Downs Drive?
The average sales price for units in 1506 Ashley Downs Drive is $0 currently.

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