Check Availability

2995 Mills Lake Wynd

2995 Mills Lake Wynd, Holly Springs, NC 27540
Sold Jul 20, 2020
$598,000
$300,000 by Truist Bank
Mortgage Due Aug 01, 2035
Sold Dec 11, 2018
$87,000
$3,500,000 by Hometrust Bank
Mortgage
2995 Mills Lake Wynd in Holly Springs, NC was first built in 2019 and is 5 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 3 full bathrooms. There are 3 partial bathrooms. 2995 Mills Lake Wynd has 3,271 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 20,038 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 220 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, 2995 Mills Lake Wynd sold most recently in Jul 20, 2020 for a total of $598,000. If you work out the math, that's approximately a cost of $182.82 per sqft. Before that, the property was also sold for $87,000 in Dec 5, 2018. 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 $5,945 in taxes each year. The initial year of tax delinquency occurred in 2018. 2995 Mills Lake Wynd was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $569,066. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $479,066. 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: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,271
  • Building Area: 3,271
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDDIE LEE FAULK
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 PROP OF EDDIE LEE FAULK BM2010-00450

Ownership

  • Current Owner : MAROULES TRAVIS J
  • Current Owner 2: MAROULES AMBER LARISSA
  • Previous Owner : MANGRUM BUILDING LLC
  • Owner Before Previous Owner: BROWN SONYA HUNTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-20

Geography

  • Account Number: 0378098
  • District: 06
  • Parcel: 0658.02-68-4928 0378098
  • Lot: 1
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6429
  • Longitude: -78.8101

    Address

  • Full Address: 2995 Mills Lake Wynd
  • Address - House Number: 2995
  • Address - Street Name: Mills Lake Wynd
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R093
  • 4-Digit Zip Code: 9741
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,945
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 849,308
  • High Value: 957,938
  • Low Value: 740,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Aug 01, 2035

    Market Valuation

  • Market Total Value: $569,066
  • Market Land Value: $90,000
  • Market Improvement Value: $479,066

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $569,066
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $479,066

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11775876338
  • Current Sale Price: $598,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 11, 2018
  • Previous Sale Contract Date: Dec 05, 2018
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 20, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: HOMETRUST BANK
  • Previous Mortgage Transaction Date: Dec 11, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $3,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Olde Mills Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 112 Burt Street, Holly Springs, NC, 27540

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,135 ft²
112 Burt Street, Holly Springs, NC, 27540 Listing by Dinorah Czigler
Unit for rent at 112 Orvis Drive, Holly Springs, NC, 27540

$1,950 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,717 ft²
112 Orvis Drive, Holly Springs, NC, 27540 Listing by Bev Roberts
Unit for rent at 105 Pointer Ridge Court, Holly Springs, NC, 27540

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,214 ft²
105 Pointer Ridge Court, Holly Springs, NC, 27540 Listing by Nicholas Roberts
Unit for rent at 302 Bally Shannon Way, Apex, NC, 27539

$1,950 /mo

  • 3 Beds
  • 4 Baths
  • 2,600 ft²
302 Bally Shannon Way, Apex, NC, 27539 Listing by Janet Liu
Unit for rent at 132 Occidental Drive, Holly Springs, NC, 27540

$2,095 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,985 ft²
132 Occidental Drive, Holly Springs, NC, 27540 Listing by Mike Trainer

Frequently Asked Questions

What neighborhood is 2995 Mills Lake Wynd located in?
The 2995 Mills Lake Wynd is a land located in the neighborhood of Olde Mills Lake in Olde Mills Lake, Holly Springs.
What is the average sales price for listings in 2995 Mills Lake Wynd?
The average sales price for units in 2995 Mills Lake Wynd is $0 currently.

Quantcast