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2949 Lake James Drive

2949 Lake James Drive, Fuquay Varina, NC 27526
Property in South Lakes
Sold Jul 29, 2011
$191,000
$190,520 by M-i Financial Corp
Mortgage Due Aug 01, 2041
2949 Lake James Drive in Fuquay Varina, NC was first built in 2011 and is 13 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2949 Lake James Drive has 2,034 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 400 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2949 Lake James Drive sold most recently in Jul 29, 2011 for a total of $191,000. If you work out the math, that's approximately a cost of $93.90 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 $2,954 in taxes each year. 2949 Lake James Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $280,919. If we break it down further, the land itself was valued at $50,400. Improvements to the property, however, were assessed at a total of $230,519. 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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,034
  • Building Area: 2,034
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: REV SOUTH LAKES PRCL SF
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO208 REV SOUTH LAKES PARCEL SF-2 PH2E&2F BM2010-00269

Ownership

  • Current Owner : MARCY CLIFFORD J
  • Current Owner 2: MARCY CASSIE D
  • Previous Owner : M/I HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053108

Zoning

  • Zoning: PUD

Geography

  • Account Number: 0378078
  • District: 12
  • Subdivision Phase Number: 2
  • Parcel: 0676.03-43-4703 0378078
  • Lot: 208
  • Municipality: MIDDLE CREEK
  • Latitude: 35.5735
  • Longitude: -78.7498

    Address

  • Full Address: 2949 Lake James Dr
  • Address - House Number: 2949
  • Address - Street Name: Lake James
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Fuquay Varina
  • Carrier Code: R010
  • 4-Digit Zip Code: 3920
  • Zip Code: 27526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,954

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 479,433
  • High Value: 538,777
  • Low Value: 420,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,520
  • First Open Lien Mortgage Lender: M-I FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jul 29, 2011
  • First Open Lien Mortgage Loan Amount: $190,520
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2041

    Market Valuation

  • Market Total Value: $280,919
  • Market Land Value: $50,400
  • Market Improvement Value: $230,519

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,919
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $230,519

    Sales

  • Current Sale Contract Date: Jul 29, 2011
  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Transaction ID: 1129562109
  • Current Sale Price: $191,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M-I FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 29, 2011
  • First Mortgage Loan Amount: $190,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2041

About South Lakes



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Frequently Asked Questions

What neighborhood is 2949 Lake James Drive located in?
The 2949 Lake James Drive is a located in the neighborhood of South Lakes in South Lakes, Fuquay Varina.
What is the average sales price for listings in 2949 Lake James Drive?
The average sales price for units in 2949 Lake James Drive is $0 currently.

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