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1509 Salem Village Drive

1509 Salem Village Drive, Apex, NC 27502
Property in Salem Village
Sold Feb 21, 2017
$404,000
$322,990 by Calatlantic Mortgage Inc
Mortgage Due Mar 01, 2032
Local assessors in Apex, NC have categorized 1509 Salem Village Drive as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 12,632 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 1509 Salem Village Drive has a total of 2,569 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. 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 483 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. 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, 1509 Salem Village Drive sold most recently in Feb 21, 2017 for a total of $404,000. If you work out the math, that's approximately a cost of $157.26 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 $4,540 in taxes each year. 1509 Salem Village Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $439,016. 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 $369,016. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,569
  • Building Area: 2,569
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,569
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SALEM VILLAGE
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO137 SALEM VILLAGE PH1A BM2011-00955

Ownership

  • Current Owner : WELCH CHRSTINE
  • Previous Owner : STANDARD PACIFIC OF THE CAROLIANS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053417

Zoning

  • Zoning: MD-CZ

Geography

  • Assessors Map Reference: BK 2011 PG 955
  • Account Number: 0407711
  • District: 20
  • Subdivision Phase Number: 1A
  • Parcel: 0741.03-14-0857 0407711
  • Lot: 137
  • Municipality: WHITE OAK
  • Latitude: 35.7141
  • Longitude: -78.8617

    Address

  • Full Address: 1509 Salem Village Dr
  • Address - House Number: 1509
  • Address - Street Name: Salem Village
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Apex
  • Carrier Code: R043
  • 4-Digit Zip Code: 4728
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,540

    Appraisal Valuation

  • Standard Deviation: 0.1281
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 686,081
  • High Value: 773,986
  • Low Value: 598,176

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $546,546
  • First Open Lien Mortgage Lender: CALATLANTIC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 21, 2017
  • First Open Lien Mortgage Loan Amount: $322,990
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2032
  • Second Open Lien Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Jun 29, 2020
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $223,556
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $439,016
  • Market Land Value: $70,000
  • Market Improvement Value: $369,016

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $439,016
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $369,016

    Sales

  • Current Sale Contract Date: Feb 21, 2017
  • Current Sale Recording Date: Feb 21, 2017
  • Current Sale Transaction ID: 1806866294
  • Current Sale Price: $404,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALATLANTIC MORTGAGE INC
  • First Mortgage Transaction Date: Feb 21, 2017
  • First Mortgage Loan Amount: $322,990
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2032

About Salem Village



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Frequently Asked Questions

What neighborhood is 1509 Salem Village Drive located in?
The 1509 Salem Village Drive is a located in the neighborhood of Salem Village in Salem Village, Apex.
What is the average sales price for listings in 1509 Salem Village Drive?
The average sales price for units in 1509 Salem Village Drive is $0 currently.

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