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2246 Red Knot Lane

2246 Red Knot Lane, Apex, NC 27502
Property in Green Plains
Sold May 01, 2020
$294,000
$295,000 by State Employees Cu
Mortgage Due May 01, 2050
2246 Red Knot Lane has been categorized by the local assessors in Apex, NC as a residential type of property. The building on the property was first built in 2020 and is 4 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2246 Red Knot Lane has 2,093 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 377 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,742 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, 2246 Red Knot Lane sold most recently in May 1, 2020 for a total of $294,000. If you work out the math, that's approximately a cost of $140.47 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 $3,250 in taxes each year. 2246 Red Knot Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $294,412. If we break it down further, the land itself was valued at $73,000. Improvements to the property, however, were assessed at a total of $221,412. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 377
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,093
  • Building Area: 2,093
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,093
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PEAK 502 SOUTH
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO50 PEAK 502 SOUTH PH2 BM2018-02253

Ownership

  • Current Owner : ABRAMS SHELDON J
  • Current Owner 2: ABRAMS ALICIA B
  • Previous Owner : BEAZER HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053415

Zoning

  • Zoning: PUD-CZ

Geography

  • Account Number: 0462439
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0732.03-14-1249 0462439
  • Lot: 50
  • Municipality: WHITE OAK
  • Latitude: 35.7401
  • Longitude: -78.8951

    Address

  • Full Address: 2246 Red Knot Ln
  • Address - House Number: 2246
  • Address - Street Name: Red Knot
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R043
  • 4-Digit Zip Code: 2535
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,250

    Appraisal Valuation

  • Standard Deviation: 0.1222
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 86
  • Final Value: 479,255
  • High Value: 537,824
  • Low Value: 420,687

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $295,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $294,412
  • Market Land Value: $73,000
  • Market Improvement Value: $221,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,412
  • Assessed Land Value: $73,000
  • Assessed Improvements Value: $221,412

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11767383782
  • Current Sale Price: $294,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 2246 Red Knot Lane located in?
The 2246 Red Knot Lane is a located in the neighborhood of Green Plains in Green Plains, Apex.
What is the average sales price for listings in 2246 Red Knot Lane?
The average sales price for units in 2246 Red Knot Lane is $0 currently.

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