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209 Somerset Farm Drive

209 Somerset Farm Drive, Holly Springs, NC 27540
Property in Somerset Farm
Sold Jun 07, 2022
$395,000
$178,000 by Prosperity Home Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Jul 02, 2021
$337,000
$300,150 by Colten Mortgage
Mortgage Due Aug 01, 2051
209 Somerset Farm Drive has been categorized by the local assessors in Holly Springs, NC as a residential type of property. The building on the property was first built in 1997 and is 27 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 209 Somerset Farm Drive has 1,379 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 13,504 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 440 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof. 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 and being fueled with gas. 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. 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, 209 Somerset Farm Drive was last sold in Jun 7, 2022 for $395,000. According to our calculations, that's $286.44 per sqft. Prior to that sales transaction, the property was sold for $337,000 in Jun 25, 2021. Current property owners are expected to pay $2,543 in taxes per year. The property on 209 Somerset Farm Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $242,379. To break that down further, the land itself was valued at $68,000. While improvements to the property were assessed at a total of $174,379. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,379
  • Building Area: 1,379
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,379
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOMERSET FARM SUB
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO43 SOMERSET FARM SUB PH1 BM1995-1052

Ownership

  • Current Owner : PARKS VICKI FANT
  • Previous Owner : ANDREW MIEDEMA MARK
  • Previous Owner 2: ANDREW CEREN
  • Owner Before Previous Owner: MCGEE CHRISTOPHER ERIC
  • Owner Before Previous Owner 2: MCGEE RACHAEL VICTORIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053205

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0217061
  • District: 06
  • Subdivision Phase Number: 1
  • Parcel: 0658.09-16-6259 0217061
  • Lot: 43
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6356
  • Longitude: -78.8261

    Address

  • Full Address: 209 Somerset Farm Dr
  • Address - House Number: 209
  • Address - Street Name: Somerset Farm
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R072
  • 4-Digit Zip Code: 8501
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,543

    Appraisal Valuation

  • Standard Deviation: 0.132
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 409,529
  • High Value: 463,593
  • Low Value: 355,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2022
  • First Open Lien Mortgage Loan Amount: $178,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $242,379
  • Market Land Value: $68,000
  • Market Improvement Value: $174,379

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,379
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $174,379

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Transaction ID: 11889717853
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 02, 2021
  • Previous Sale Contract Date: Jun 25, 2021
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 07, 2022
  • First Mortgage Loan Amount: $178,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COLTEN MORTGAGE
  • Previous Mortgage Transaction Date: Jul 02, 2021
  • Previous Mortgage Loan Amount: $300,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Somerset Farm



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Frequently Asked Questions

What neighborhood is 209 Somerset Farm Drive located in?
The 209 Somerset Farm Drive is a located in the neighborhood of Somerset Farm in Somerset Farm, Holly Springs.
What is the average sales price for listings in 209 Somerset Farm Drive?
The average sales price for units in 209 Somerset Farm Drive is $0 currently.

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