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1640 Cascade Falls Lane

1640 Cascade Falls Lane, Wendell, NC 27591
Property in Wendell Falls
Sold Jun 16, 2020
$340,000
$343,434 by Truist Bank
Mortgage Due Jul 01, 2050
Sold Oct 28, 2016
$258,000
$244,829 by Branch Banking And Trust Co
Mortgage Due Nov 01, 2046
1640 Cascade 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 2016 and is 8 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, 1640 Cascade Falls Lane has 2,907 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 6,970 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 444 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. 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, 1640 Cascade Falls Lane sold most recently in Jun 16, 2020 for a total of $340,000. If you work out the math, that's approximately a cost of $116.96 per sqft. Before that, the property was also sold for $258,000 in Oct 28, 2016. 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 $4,425 in taxes each year. 1640 Cascade Falls Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,505. 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 $276,505. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 444
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,907
  • Building Area: 2,907
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,907
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WENDELL FALLS DEVELOPMENT SF
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO179 WENDELL FALLS DEV SF-2B BM2015-01105

Ownership

  • Current Owner : POWER CAROLINE DAVENPORT
  • Current Owner 2: POWER JOSHUA ESAW
  • Previous Owner : THOBE ROBERT JOHANNES
  • Previous Owner 2: THOBE MANDY MARIE
  • Owner Before Previous Owner: DAN RYAN BUILDERS NORTH CAROLINA LLC
  • 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: 0430970
  • District: 10
  • Parcel: 1773.01-05-0581 0430970
  • Lot: 179
  • Municipality: MARKS CREEK
  • Latitude: 35.7696
  • Longitude: -78.4266

    Address

  • Full Address: 1640 Cascade Falls Ln
  • Address - House Number: 1640
  • Address - Street Name: Cascade Falls
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wendell
  • Carrier Code: R011
  • 4-Digit Zip Code: 6879
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,425

    Appraisal Valuation

  • Standard Deviation: 0.1309
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 546,587
  • High Value: 618,184
  • Low Value: 474,991

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $372,461
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $343,434
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Sep 06, 2022
  • Second Open Lien Mortgage Loan Amount: $29,027
  • Second Open Lien Mortgage Term: 333
  • 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: $346,505
  • Market Land Value: $70,000
  • Market Improvement Value: $276,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,505
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $276,505

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11769283493
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Contract Date: Oct 28, 2016
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $343,434
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Oct 28, 2016
  • Previous Mortgage Loan Amount: $244,829
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Wendell Falls



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Nearby Rentals

Unit for rent at 159 Noble Deer Way, Wendell, NC, 27591

$2,400 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,596 ft²
159 Noble Deer Way, Wendell, NC, 27591 Listing by Gretchen Coley

Frequently Asked Questions

What neighborhood is 1640 Cascade Falls Lane located in?
The 1640 Cascade Falls Lane is a located in the neighborhood of Wendell Falls in Wendell Falls, Wendell.
What is the average sales price for listings in 1640 Cascade Falls Lane?
The average sales price for units in 1640 Cascade Falls Lane is $0 currently.

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