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2022 Chipley Drive

2022 Chipley Drive, Cary, NC 27519
Property in Wake
Sold Mar 25, 2021
$327,000
$245,250 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2036
2022 Chipley Drive has been categorized by the local assessors in Cary, NC as a residential type of property. The building on the property was first built in 2021 and is 3 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, 2022 Chipley Drive has 1,851 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 2,614 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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. 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, 2022 Chipley Drive sold most recently in Mar 24, 2021 for a total of $327,000. If you work out the math, that's approximately a cost of $176.66 per sqft. 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 $2,963 in taxes each year. 2022 Chipley Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $305,098. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $240,098. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,851
  • Building Area: 1,851
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,851
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO16 RCMB VILLAGE AT THE PARK PH2 BM2020-01434

Ownership

  • Current Owner : ZHENG WEI
  • Current Owner 2: TAN WENFANG
  • Previous Owner : BLUE HEEL VAP LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 000005

Zoning

  • Zoning: TRM

Geography

  • Account Number: 0468547
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0726.02-97-0362 0468547
  • Lot: 16
  • Municipality: WHITE OAK
  • Latitude: 35.8583
  • Longitude: -78.9019

    Address

  • Full Address: 2022 Chipley Dr
  • Address - House Number: 2022
  • Address - Street Name: Chipley
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R074
  • 4-Digit Zip Code: 7254
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,963

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 71
  • Final Value: 187,772
  • High Value: 214,389
  • Low Value: 161,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $245,250
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $305,098
  • Market Land Value: $65,000
  • Market Improvement Value: $240,098

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $305,098
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $240,098

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11839374236
  • Current Sale Price: $327,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $245,250
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 2022 Chipley Drive located in?
The 2022 Chipley Drive is a located in the neighborhood of Wake in Wake, Cary.
What is the average sales price for listings in 2022 Chipley Drive?
The average sales price for units in 2022 Chipley Drive is $0 currently.

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