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1605 Silo Point Drive

1605 Silo Point Drive, Wake Forest, NC 27587
House in Wake
Sold Jan 29, 2020
$405,000
$354,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2050
Local assessors in Wake Forest, NC have categorized 1605 Silo Point Drive as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 7,841 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 1605 Silo Point Drive has a total of 3,026 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. 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, 1605 Silo Point Drive was last sold in Jan 29, 2020 for $405,000. According to our calculations, that's $133.84 per sqft. Current property owners are expected to pay $4,609 in taxes per year. The property on 1605 Silo Point Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $411,736. To break that down further, the land itself was valued at $112,500. While improvements to the property were assessed at a total of $299,236. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Condition

New Construction

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,026
  • Building Area: 3,026
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLDING VILLAGE SOUTH LAKE SUBDIVISION
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO216 HOLDING VILLAGE SOUTH LAKE PH3B BM2018-00139

Ownership

  • Current Owner : VACCARO CHASE
  • Current Owner 2: VACCARO ROBIN
  • Previous Owner : ASHTON RALEIGH RESIDENTIAL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: UR

Geography

  • Account Number: 0453660
  • District: 19
  • Parcel: 1840.03-43-0981 0453660
  • Lot: 216
  • Municipality: WAKE FOREST
  • Latitude: 35.9579
  • Longitude: -78.5131

    Address

  • Full Address: 1605 Silo Point Dr
  • Address - House Number: 1605
  • Address - Street Name: Silo Point
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R042
  • 4-Digit Zip Code: 4082
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,609

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 645,359
  • High Value: 729,743
  • Low Value: 560,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $354,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 29, 2020
  • First Open Lien Mortgage Loan Amount: $354,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $411,736
  • Market Land Value: $112,500
  • Market Improvement Value: $299,236

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $411,736
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $299,236

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11722606031
  • Current Sale Price: $405,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $354,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Wake Forest



Similar Buildings

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Nearby Rentals

Unit for rent at

$2,395 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,916 ft²
Listing by Manager
Unit for rent at

$2,295 /mo

  • 3 Beds
  • 3 Baths
  • 2,477 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1605 Silo Point Drive located in?
The 1605 Silo Point Drive is a house located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 1605 Silo Point Drive?
The average sales price for units in 1605 Silo Point Drive is $0 currently.

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