Check Availability

3071 Freeman Farm Way

3071 Freeman Farm Way, Rolesville, NC 27571
Sold Aug 13, 2019
$400,000
$460,000 by State Employees Cu
Mortgage Due Jan 01, 2052
Sold Apr 11, 2014
$316,500
$253,090 by Branch Banking And Trust Co
Mortgage Due May 01, 2044
Local assessors in Rolesville, NC have categorized 3071 Freeman Farm Way as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3071 Freeman Farm Way has a total of 2,752 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 209 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3071 Freeman Farm Way was last sold in Aug 13, 2019 for $400,000. According to our calculations, that's $145.35 per sqft. Prior to that sales transaction, the property was sold for $316,500 in Apr 7, 2014. Current property owners are expected to pay $4,517 in taxes per year. The property on 3071 Freeman Farm Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $375,776. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $310,776. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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 Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 209
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,752
  • Building Area: 2,752
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE EAST
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO3227 HERITAGE EAST PH2 SE2 BM2013-00075

Ownership

  • Current Owner : GILLEY MEREDITH
  • Current Owner 2: GILLEY BRIAN
  • Previous Owner : HOOKS SARAH POST
  • Previous Owner 2: HOOKS ALBERT JUSTIN
  • Owner Before Previous Owner: TERRAMOR HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054222

Zoning

  • Zoning: RM-CZ

Geography

  • Assessors Map Reference: BK 2013 PG 75
  • Account Number: 0416001
  • District: 19
  • Section: 2
  • Subdivision Phase Number: 2
  • Parcel: 1759.15-54-1459 0416001
  • Lot: 3227
  • Municipality: WAKE FOREST
  • Latitude: 35.9319
  • Longitude: -78.4759

    Address

  • Full Address: 3071 Freeman Farm Way
  • Address - House Number: 3071
  • Address - Street Name: Freeman Farm
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Rolesville
  • Carrier Code: R094
  • 4-Digit Zip Code: 8731
  • Zip Code: 27571

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,517

    Appraisal Valuation

  • Standard Deviation: 0.1294
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 611,054
  • High Value: 690,148
  • Low Value: 531,959

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $460,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $375,776
  • Market Land Value: $65,000
  • Market Improvement Value: $310,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,776
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $310,776

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11638239311
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Apr 07, 2014
  • Previous Sale Amount: $316,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Aug 13, 2019
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Apr 11, 2014
  • Previous Mortgage Loan Amount: $253,090
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Heritage South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 905 Townes Park Street, Wake Forest, NC, 27587

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,575 ft²
905 Townes Park Street, Wake Forest, NC, 27587 Listing by Narsa Gaddam
Unit for rent at 1037 Grand Ridge Drive, Rolesville, NC, 27616

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,600 ft²
1037 Grand Ridge Drive, Rolesville, NC, 27616 Listing by Cindy Knapik
Unit for rent at 2224 Sweet Annie Way, Wake Forest, NC, 27587

$1,895 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,591 ft²
2224 Sweet Annie Way, Wake Forest, NC, 27587 Listing by Julio Fajardo

Frequently Asked Questions

What neighborhood is 3071 Freeman Farm Way located in?
The 3071 Freeman Farm Way is a house located in the neighborhood of Heritage South in Heritage South, Rolesville.
What is the average sales price for listings in 3071 Freeman Farm Way?
The average sales price for units in 3071 Freeman Farm Way is $0 currently.

Quantcast