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2620 Fortrose Lane

2620 Fortrose Lane, Fuquay Varina, NC 27526
Property in Alston Pond
Sold Aug 11, 2015
$234,500
$250,000 by Truist Bank
Mortgage Due Mar 01, 2052
2620 Fortrose Lane has been categorized by the local assessors in Fuquay Varina, 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, 2620 Fortrose Lane has 2,280 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 9,148 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 280 sqft. The exterior walls of the building are made of alum/vinyl siding. 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, 2620 Fortrose Lane sold most recently in Aug 10, 2015 for a total of $234,500. If you work out the math, that's approximately a cost of $102.85 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 $2,925 in taxes each year. 2620 Fortrose Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $278,167. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $233,167. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,280
  • Building Area: 2,280
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALSTON RIDGE
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO101 ALSTON RIDGE PH3A BM2015-00326

Ownership

  • Current Owner : MARKHAM MATTHEW J
  • Current Owner 2: MARKHAM ANGELA B
  • Previous Owner : PULTE HOME CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RMD-CZD

Geography

  • Account Number: 0428094
  • District: 06
  • Parcel: 0658.03-43-7805 0428094
  • Lot: 101
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6289
  • Longitude: -78.8159

    Address

  • Full Address: 2620 Fortrose Ln
  • Address - House Number: 2620
  • Address - Street Name: Fortrose
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Fuquay Varina
  • Carrier Code: R020
  • 4-Digit Zip Code: 3516
  • Zip Code: 27526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,925

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 85
  • Final Value: 473,120
  • High Value: 533,841
  • Low Value: 412,399

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 24, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $278,167
  • Market Land Value: $45,000
  • Market Improvement Value: $233,167

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,167
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $233,167

    Sales

  • Current Sale Contract Date: Aug 10, 2015
  • Current Sale Recording Date: Aug 11, 2015
  • Current Sale Transaction ID: 1308311565
  • Current Sale Price: $234,500
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PULTE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 11, 2015
  • First Mortgage Loan Amount: $221,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 2620 Fortrose Lane located in?
The 2620 Fortrose Lane is a located in the neighborhood of Alston Pond in Alston Pond, Fuquay Varina.
What is the average sales price for listings in 2620 Fortrose Lane?
The average sales price for units in 2620 Fortrose Lane is $0 currently.

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