Check Availability

1600 Knolls Drive

1600 Knolls Drive, Wake Forest, NC 27587
House in Wake
Sold Oct 11, 2022
$490,000
$501,270 by Cornerstone Home Lending
Mortgage Due Nov 01, 2052
Sold Jun 07, 2018
$317,000
$125,940 by Pulte Mortgage Llc
Mortgage Due Jul 01, 2033
Local assessors in Wake Forest, NC have categorized 1600 Knolls Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 5,227 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 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 1600 Knolls Drive has a total of 2,240 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 525 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1600 Knolls Drive was last sold in Oct 6, 2022 for $490,000. According to our calculations, that's $218.75 per sqft. Prior to that sales transaction, the property was sold for $317,000 in Jun 7, 2018. Current property owners are expected to pay $3,654 in taxes per year. The property on 1600 Knolls Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $326,063. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $251,063. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 525
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLDING VILLAGE SOUTH LAKE
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO354 HOLDING VILLAGE SOUTH LAKE PH3A BM2017-02033

Ownership

  • Current Owner : DRAKE DANIEL WILLIAM
  • Current Owner 2: DENISON DRAKE KATHLEEN
  • Previous Owner : WILLIAMS MICHAEL CHRISTIAN
  • Owner Before Previous Owner: PULTE HOMES COPANY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054208

Zoning

  • Zoning: UR

Geography

  • Account Number: 0450613
  • District: 19
  • Parcel: 1840.03-33-2691 0450613
  • Lot: 354
  • Municipality: WAKE FOREST
  • Latitude: 35.9571
  • Longitude: -78.5158

    Address

  • Full Address: 1600 Knolls Dr
  • Address - House Number: 1600
  • Address - Street Name: Knolls
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R042
  • 4-Digit Zip Code: 5701
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,654

    Appraisal Valuation

  • Standard Deviation: 0.0685
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 96
  • Final Value: 498,020
  • High Value: 532,142
  • Low Value: 463,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,270
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING
  • First Open Lien Mortgage Recording Date: Oct 11, 2022
  • First Open Lien Mortgage Loan Amount: $501,270
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $326,063
  • Market Land Value: $75,000
  • Market Improvement Value: $251,063

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $326,063
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $251,063

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Transaction ID: 11896983396
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 07, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Amount: $317,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING
  • First Mortgage Transaction Date: Oct 11, 2022
  • First Mortgage Loan Amount: $501,270
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 07, 2018
  • Previous Mortgage Loan Amount: $125,940
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2033

About Wake Forest



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 214 Sugar Maple Avenue, Wake Forest, NC, 27587

$1,850 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,620 ft²
214 Sugar Maple Avenue, Wake Forest, NC, 27587 Listing by Spencer Southern
Unit for rent at 905 Townes Park Street, Wake Forest, NC, 27587

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,575 ft²
905 Townes Park Street, Wake Forest, NC, 27587 Listing by Narsa Gaddam
Unit for rent at 801 S Franklin Street, Wake Forest, NC, 27587

$2,095 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,800 ft²
801 S Franklin Street, Wake Forest, NC, 27587 Listing by Taylor Farley
Unit for rent at 1422 Cedar Branch Court, Wake Forest, NC, 27587

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
1422 Cedar Branch Court, Wake Forest, NC, 27587 Listing by Kathy Beacham

Frequently Asked Questions

What neighborhood is 1600 Knolls Drive located in?
The 1600 Knolls Drive is a house located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 1600 Knolls Drive?
The average sales price for units in 1600 Knolls Drive is $0 currently.

Quantcast