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2725 Cypress Point Lane

2725 Cypress Point Lane, Raleigh, NC 27614
Townhouse in North Raleigh
Sold Apr 30, 2019
$265,000
$198,375 by Branch Banking And Trust Co
Mortgage Due May 01, 2034
2725 Cypress Point Lane has been categorized by the local assessors in Raleigh, 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, 2725 Cypress Point Lane has 1,626 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 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 240 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. 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, 2725 Cypress Point Lane was last sold in Apr 18, 2019 for $265,000. According to our calculations, that's $162.98 per sqft. Current property owners are expected to pay $2,652 in taxes per year. The property on 2725 Cypress Point Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $259,938. To break that down further, the land itself was valued at $50,000. While improvements to the property were assessed at a total of $209,938. 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.

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: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,626
  • Building Area: 1,626
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VISTA GREEN AT WAKEFIELD PLANTATION
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO16 VISTA GREEN AT WAKEFIELD PLANTATION BM2014-00250

Ownership

  • Current Owner : OLEXA MARK C
  • Current Owner 2: OLEXA BROOKE
  • Previous Owner : MARCONI JASON ADAM

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054207

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0420610
  • District: 19
  • Parcel: 1830.03-13-2316 0420610
  • Lot: 16
  • Municipality: WAKE FOREST
  • Latitude: 35.9565
  • Longitude: -78.5566

    Address

  • Full Address: 2725 Cypress Point Ln
  • Address - House Number: 2725
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R096
  • 4-Digit Zip Code: 6100
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,652

    Appraisal Valuation

  • Standard Deviation: 0.1316
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 409,881
  • High Value: 463,856
  • Low Value: 355,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,375
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 30, 2019
  • First Open Lien Mortgage Loan Amount: $198,375
  • 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: May 01, 2034

    Market Valuation

  • Market Total Value: $259,938
  • Market Land Value: $50,000
  • Market Improvement Value: $209,938

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,938
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $209,938

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 30, 2019
  • Current Sale Transaction ID: 11602703606
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Apr 30, 2019
  • First Mortgage Loan Amount: $198,375
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2034

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Frequently Asked Questions

What neighborhood is 2725 Cypress Point Lane located in?
The 2725 Cypress Point Lane is a townhouse located in the neighborhood of North Raleigh in North Raleigh, Raleigh.
What is the average sales price for listings in 2725 Cypress Point Lane?
The average sales price for units in 2725 Cypress Point Lane is $0 currently.

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