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288 Spring Avenue

288 Spring Avenue, Fuquay Varina, NC 27526
Property in Wake
Sold Jun 12, 2020
$326,500
$253,500 by Angel Oak Home Loans Llc
Mortgage Due Aug 01, 2051
288 Spring Avenue 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 2020 and is 4 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, 288 Spring Avenue has 1,958 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 partial basement that is 436 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 1,307 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 brick control joints. The exterior walls of the building are made of brick. 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, 288 Spring Avenue sold most recently in Jun 10, 2020 for a total of $326,500. If you work out the math, that's approximately a cost of $166.75 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 $3,544 in taxes each year. 288 Spring Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $337,363. If we break it down further, the land itself was valued at $77,000. Improvements to the property, however, were assessed at a total of $260,363. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 436
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,958
  • Building Area: 1,958
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE SPRING TOWNHOMES
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO12 THE SPRING TOWNHOMES BM2018-01141

Ownership

  • Current Owner : THE DANIEL FAMILY LIMITED PARTNERSHIP
  • Previous Owner : MEBALLING PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: FMD
  • Census Tract: 053107

Zoning

  • Zoning: DC-2

Geography

  • Account Number: 0458550
  • District: 12
  • Parcel: 0656.12-96-1945 0458550
  • Lot: 12
  • Municipality: MIDDLE CREEK
  • Latitude: 35.5824
  • Longitude: -78.8011

    Address

  • Full Address: 288 Spring Ave
  • Address - House Number: 288
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Fuquay Varina
  • Carrier Code: C005
  • 4-Digit Zip Code: 2121
  • Zip Code: 27526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,544

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 532,596
  • High Value: 598,521
  • Low Value: 466,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,500
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 09, 2021
  • First Open Lien Mortgage Loan Amount: $253,500
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $337,363
  • Market Land Value: $77,000
  • Market Improvement Value: $260,363

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,363
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $260,363

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Transaction ID: 11768790292
  • Current Sale Price: $326,500
  • Current Sale Document Type: Warranty Deed

About Fuquay-Varina



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Frequently Asked Questions

What neighborhood is 288 Spring Avenue located in?
The 288 Spring Avenue is a located in the neighborhood of Wake in Fuquay-Varina, Fuquay Varina.
What is the average sales price for listings in 288 Spring Avenue?
The average sales price for units in 288 Spring Avenue is $0 currently.

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