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3148 Rapid Falls Road

3148 Rapid Falls Road, Cary, NC 27519
Property in Twin Lakes
Sold Dec 06, 2019
$260,000
$221,000 by Quicken Loans Inc
Mortgage Due Jan 01, 2050
Sold Oct 26, 2007
$218,500
$218,071 by Ctx Mortgage Company Llc
Mortgage Due Nov 01, 2037
Local assessors in Cary, NC have categorized 3148 Rapid Falls Road as a residential type of property. The home was built in 2007 and is 17 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 3148 Rapid Falls Road has a total of 1,700 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. 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. The property was last sold in Nov 27, 2019 for $260,000. That's $152.94 per sqft. Prior to that sales transaction, the property was also sold in Oct 25, 2007 for $218,500. 3148 Rapid Falls Road was last assessed in 2022. The total value of the property was assessed at $246,984. Specifically, the land the property is located on was valued at $63,000. While improvements on the property were assessed at a total of $183,984. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,402. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 1,700
  • Building Area: 1,700
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTPORT TWIN LAKES
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO869 WESTPORT @ TWIN LAKES PH2 BM2006-02036

Ownership

  • Current Owner : HALLMAN MILES LEONARD
  • Current Owner 2: PORTILLA BEATRIZ XIMENA MARTINEZ
  • Previous Owner : DEESE BRIAN
  • Previous Owner 2: JONES TIMOTHY
  • Owner Before Previous Owner: KB HOME RALEIGH DURHAM INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053607

Zoning

  • Zoning: RMFP

Geography

  • Account Number: 0351876
  • District: 05
  • Subdivision Phase Number: 2
  • Parcel: 0745.01-48-2481 0351876
  • Lot: 869
  • Municipality: CEDAR FORK
  • Latitude: 35.8337
  • Longitude: -78.8506

    Address

  • Full Address: 3148 Rapid Falls Rd
  • Address - House Number: 3148
  • Address - Street Name: Rapid Falls
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cary
  • Carrier Code: R059
  • 4-Digit Zip Code: 6476
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,402

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 425,906
  • High Value: 478,625
  • Low Value: 373,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $221,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 06, 2019
  • First Open Lien Mortgage Loan Amount: $221,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $246,984
  • Market Land Value: $63,000
  • Market Improvement Value: $183,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $246,984
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $183,984

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Transaction ID: 11712029855
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 26, 2007
  • Previous Sale Contract Date: Oct 25, 2007
  • Previous Sale Amount: $218,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 06, 2019
  • First Mortgage Loan Amount: $221,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Oct 26, 2007
  • Previous Mortgage Loan Amount: $218,071
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About Twin Lakes



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Frequently Asked Questions

What neighborhood is 3148 Rapid Falls Road located in?
The 3148 Rapid Falls Road is a located in the neighborhood of Twin Lakes in Twin Lakes, Cary.
What is the average sales price for listings in 3148 Rapid Falls Road?
The average sales price for units in 3148 Rapid Falls Road is $0 currently.

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