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311 Old Grove Lane

311 Old Grove Lane, Apex, NC 27502
Townhouse in Wake
Sold Aug 17, 2020
$212,000
$211,875 by American Security Mortgage Cor
Mortgage Due Sep 01, 2050
Local assessors in Apex, NC have categorized 311 Old Grove Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 311 Old Grove Lane has a total of 1,843 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. 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. 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, 311 Old Grove Lane sold most recently in Aug 12, 2020 for a total of $212,000. If you work out the math, that's approximately a cost of $115.03 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 $2,943 in taxes each year. 311 Old Grove Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $283,881. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $225,881. 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.

Building Features

Condition

New Construction

Parking

Parking Lot
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: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,843
  • Building Area: 1,843
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,843
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CENTER STREET STATION
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO34 CENTER STREET STATION BM2019-00819

Ownership

  • Current Owner : RIES JUSTIN CHRISTOPHER
  • Previous Owner : WATERFORD GREEN COMMUNITIES OF NC LLC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 000053

Zoning

  • Zoning: HD MF-CZ

Geography

  • Account Number: 0468162
  • District: 20
  • Parcel: 0741.08-89-7850 0468162
  • Lot: 34
  • Municipality: WHITE OAK
  • Latitude: 35.7276
  • Longitude: -78.8357

    Address

  • Full Address: 311 Old Grove Ln
  • Address - House Number: 311
  • Address - Street Name: Old Grove
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R055
  • 4-Digit Zip Code: 2514
  • Zip Code: 27502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,943

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 477,240
  • High Value: 536,313
  • Low Value: 418,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,875
  • First Open Lien Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $211,875
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $283,881
  • Market Land Value: $58,000
  • Market Improvement Value: $225,881

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $283,881
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $225,881

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11789363626
  • Current Sale Price: $212,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $211,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Apex



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Frequently Asked Questions

What neighborhood is 311 Old Grove Lane located in?
The 311 Old Grove Lane is a townhouse located in the neighborhood of Wake in Apex, Apex.
What is the average sales price for listings in 311 Old Grove Lane?
The average sales price for units in 311 Old Grove Lane is $0 currently.

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