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1636 Drift Falls Lane

1636 Drift Falls Lane, Wendell, NC 27591
Property in Wendell Falls
Sold Aug 15, 2022
$480,000
Sold Aug 31, 2015
$247,000
$134,750 by Monarch Bank
Mortgage Due Sep 01, 2045
1636 Drift Falls Lane has been categorized by the local assessors in Wendell, NC as a residential type of property. The building on the property was first built in 2015 and is 9 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1636 Drift Falls Lane has 2,209 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 270 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 12, 2022 for $480,000. That's $217.29 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2015 for $247,000. 1636 Drift Falls Lane was last assessed in 2023. The total value of the property was assessed at $309,379. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $239,379. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,961. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: 270
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,209
  • Building Area: 2,209
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WENDELL FALLS DEVELOPMENT SF
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO42 WENDELL FALLS DEV SF-1 SE1 BM2014-01565

Ownership

  • Current Owner : SCHENK MICHAEL J
  • Current Owner 2: SCHENK SUSAN LYNN
  • Previous Owner : ALLAN BROWN STEPHEN
  • Previous Owner 2: ALLAN JACQUELINE
  • Owner Before Previous Owner: WYNN CONSTRUCTION INC
  • 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: 0425240
  • District: 10
  • Section: 1
  • Parcel: 1773.01-15-4300 0425240
  • Lot: 42
  • Municipality: MARKS CREEK
  • Latitude: 35.769
  • Longitude: -78.4222

    Address

  • Full Address: 1636 Drift Falls Ln
  • Address - House Number: 1636
  • Address - Street Name: Drift Falls
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wendell
  • Carrier Code: R008
  • 4-Digit Zip Code: 6862
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,961

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 84
  • Final Value: 498,610
  • High Value: 567,020
  • Low Value: 430,199

    Market Valuation

  • Market Total Value: $309,379
  • Market Land Value: $70,000
  • Market Improvement Value: $239,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,379
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $239,379

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Transaction ID: 11895741199
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Contract Date: Aug 27, 2015
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MONARCH BANK
  • Previous Mortgage Transaction Date: Aug 31, 2015
  • Previous Mortgage Loan Amount: $134,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 1636 Drift Falls Lane located in?
The 1636 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 1636 Drift Falls Lane?
The average sales price for units in 1636 Drift Falls Lane is $0 currently.

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