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1525 Sophia Ridge Drive

1525 Sophia Ridge Drive, Fuquay Varina, NC 27526
Property in Phelps Farms
Sold Sep 13, 2019
$363,000
$326,700 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
Sold Aug 05, 2010
$312,000
$249,600 by Coastal Fcu
Mortgage Due Sep 01, 2040
Local assessors in Fuquay Varina, NC have categorized 1525 Sophia Ridge Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 20,909 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 1525 Sophia Ridge Drive has a total of 2,987 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 506 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, 1525 Sophia Ridge Drive sold most recently in Aug 30, 2019 for a total of $363,000. If you work out the math, that's approximately a cost of $121.53 per sqft. Before that, the property was also sold for $312,000 in Aug 5, 2010. 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 $2,542 in taxes each year. 1525 Sophia Ridge Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $349,246. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $304,246. 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: 2005
  • Effective Year Built: 2005
  • 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 Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,987
  • Building Area: 2,987
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHELPS FARMS SUB
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO9 PHELPS FARMS SUB BM2003-1944

Ownership

  • Current Owner : LACELL ERIC R
  • Current Owner 2: LACELL ROCHELLE D
  • Previous Owner : WINTER STEVEN D
  • Previous Owner 2: WINTER KIMBERLY A
  • Owner Before Previous Owner: WELLER JEFFREY JOHN
  • Owner Before Previous Owner 2: WELLER MARIE LYNN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053106

Zoning

  • Zoning: RA

Geography

  • Account Number: 0314568
  • District: 12
  • Parcel: 0656.01-08-1369 0314568
  • Lot: 9
  • Municipality: MIDDLE CREEK
  • Latitude: 35.5863
  • Longitude: -78.8313

    Address

  • Full Address: 1525 Sophia Ridge Dr
  • Address - House Number: 1525
  • Address - Street Name: Sophia Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Fuquay Varina
  • Carrier Code: R031
  • 4-Digit Zip Code: 5859
  • Zip Code: 27526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,542

    Appraisal Valuation

  • Standard Deviation: 0.1304
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 594,184
  • High Value: 671,706
  • Low Value: 516,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,700
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 13, 2019
  • First Open Lien Mortgage Loan Amount: $326,700
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $349,246
  • Market Land Value: $45,000
  • Market Improvement Value: $304,246

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $349,246
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $304,246

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11646096862
  • Current Sale Price: $363,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 05, 2010
  • Previous Sale Contract Date: Aug 05, 2010
  • Previous Sale Amount: $312,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 13, 2019
  • First Mortgage Loan Amount: $326,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COASTAL FCU
  • Previous Mortgage Transaction Date: Aug 05, 2010
  • Previous Mortgage Loan Amount: $249,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Phelps Farms



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Frequently Asked Questions

What neighborhood is 1525 Sophia Ridge Drive located in?
The 1525 Sophia Ridge Drive is a located in the neighborhood of Phelps Farms in Phelps Farms, Fuquay Varina.
What is the average sales price for listings in 1525 Sophia Ridge Drive?
The average sales price for units in 1525 Sophia Ridge Drive is $0 currently.

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