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2891 Dallas Valley Lane

2891 Dallas Valley Lane, Apex, NC 27502
Property in Wake
Sold Nov 30, 2021
$396,000
$375,734 by M/i Financial Llc
Mortgage Due Dec 01, 2051
2891 Dallas Valley 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 2021 and is 3 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, 2891 Dallas Valley Lane has 2,340 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 2,614 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. 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. 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, 2891 Dallas Valley Lane sold most recently in Nov 30, 2021 for a total of $396,000. If you work out the math, that's approximately a cost of $169.23 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 $3,435 in taxes each year. 2891 Dallas Valley Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $331,758. If we break it down further, the land itself was valued at $72,000. Improvements to the property, however, were assessed at a total of $259,758. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2021
  • Effective Year Built: 2021
  • 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: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRIENDSHIP STATION
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO69 FRIENDSHIP STATION PH1 SE7 BM2019-00806

Ownership

  • Current Owner : VANGA RAVINDER REDDY
  • Previous Owner : MI HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 000005

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2019 PG 806
  • Account Number: 0467054
  • District: 03
  • Section: 7
  • Subdivision Phase Number: 1
  • Parcel: 0721.03-41-2439 0467054
  • Lot: 69
  • Municipality: BUCKHORN
  • Latitude: 35.7049
  • Longitude: -78.9184

    Address

  • Full Address: 2891 Dallas Valley Ln
  • Address - House Number: 2891
  • Address - Street Name: Dallas Valley
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R047
  • 4-Digit Zip Code: 6632
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,734
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $375,734
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $331,758
  • Market Land Value: $72,000
  • Market Improvement Value: $259,758

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $331,758
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $259,758

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11871011720
  • Current Sale Price: $396,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M/I FINANCIAL LLC
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $375,734
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 2891 Dallas Valley Lane located in?
The 2891 Dallas Valley Lane is a located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 2891 Dallas Valley Lane?
The average sales price for units in 2891 Dallas Valley Lane is $0 currently.

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