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1508 Drift Falls Lane

1508 Drift Falls Lane, Wendell, NC 27591
Property in Wendell Falls
Sold Sep 15, 2017
$306,000
$35,797 by M/i Financial Llc
Mortgage Due Oct 01, 2047
Local assessors in Wendell, NC have categorized 1508 Drift Falls Lane as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 8,276 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1508 Drift Falls Lane has a total of 2,284 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 426 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. 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, 1508 Drift Falls Lane sold most recently in Sep 15, 2017 for a total of $306,000. If you work out the math, that's approximately a cost of $133.98 per sqft. 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 $4,439 in taxes each year. 1508 Drift Falls Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $347,564. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $277,564. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 426
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WENDELL FALLS DEVELOPMENT SF
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO65 WENDELL FALLS DEV SF-1 SE1 BM2014-01566

Ownership

  • Current Owner : JOYNER PHILLIP W
  • Current Owner 2: JOYNER CAROL G
  • Previous Owner : MI HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054402

Zoning

  • Zoning: PUD-15-1

Geography

  • Account Number: 0425263
  • District: 10
  • Section: 1
  • Parcel: 1773.03-24-3920 0425263
  • Lot: 65
  • Municipality: MARKS CREEK
  • Latitude: 35.7679
  • Longitude: -78.4191

    Address

  • Full Address: 1508 Drift Falls Ln
  • Address - House Number: 1508
  • Address - Street Name: Drift Falls
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wendell
  • Carrier Code: R008
  • 4-Digit Zip Code: 6875
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,439

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 86
  • Final Value: 538,945
  • High Value: 604,633
  • Low Value: 473,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,797
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $35,797
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $347,564
  • Market Land Value: $70,000
  • Market Improvement Value: $277,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,564
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $277,564

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 15, 2017
  • Current Sale Transaction ID: 1736250547
  • Current Sale Price: $306,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M/I FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 15, 2017
  • First Mortgage Loan Amount: $35,797
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Wendell Falls



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Frequently Asked Questions

What neighborhood is 1508 Drift Falls Lane located in?
The 1508 Drift Falls Lane is a located in the neighborhood of Wendell Falls in Wendell Falls, Wendell.
What is the average sales price for listings in 1508 Drift Falls Lane?
The average sales price for units in 1508 Drift Falls Lane is $0 currently.

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