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316 Braxman Lane

316 Braxman Lane, Holly Springs, NC 27540
Property in Braxton Village
Sold Jun 30, 2015
$242,000
$242,000 by State Employees Cu
Mortgage Due Jul 01, 2045
Sold Mar 06, 2006
$189,500
$160,837 by Novastar Mortgage Inc
Mortgage Due Apr 01, 2036
316 Braxman Lane has been categorized by the local assessors in Holly Springs, NC as a residential type of property. The building on the property was first built in 2006 and is 18 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 316 Braxman Lane has 2,545 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 441 sqft. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 316 Braxman Lane sold most recently in Jun 30, 2015 for a total of $242,000. If you work out the math, that's approximately a cost of $95.09 per sqft. Before that, the property was also sold for $189,500 in Mar 3, 2006. 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 $3,400 in taxes each year. 316 Braxman Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $324,647. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $269,647. 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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,545
  • Building Area: 2,545
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,545
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRAXTON VILLAGE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO709 BRAXTON VILLAGE PH7 BM2005-01451

Ownership

  • Current Owner : LANIER STEPHEN
  • Current Owner 2: LANIER NATALIE
  • Previous Owner : THRASHER DAWN A
  • Owner Before Previous Owner: ROYAL OAKS BUILDING GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053207

Zoning

  • Zoning: PUD

Geography

  • Account Number: 0334162
  • District: 06
  • Subdivision Phase Number: 7
  • Parcel: 0638.02-76-1231 0334162
  • Lot: 709
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6354
  • Longitude: -78.875

    Address

  • Full Address: 316 Braxman Ln
  • Address - House Number: 316
  • Address - Street Name: Braxman
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R083
  • 4-Digit Zip Code: 6988
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,400

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 86
  • Final Value: 544,804
  • High Value: 612,819
  • Low Value: 476,789

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jun 30, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $242,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 16, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $324,647
  • Market Land Value: $55,000
  • Market Improvement Value: $269,647

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $324,647
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $269,647

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Transaction ID: 1209763854
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 06, 2006
  • Previous Sale Contract Date: Mar 03, 2006
  • Previous Sale Amount: $189,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jun 30, 2015
  • First Mortgage Loan Amount: $242,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NOVASTAR MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 316 Braxman Lane located in?
The 316 Braxman Lane is a located in the neighborhood of Braxton Village in Braxton Village, Holly Springs.
What is the average sales price for listings in 316 Braxman Lane?
The average sales price for units in 316 Braxman Lane is $0 currently.

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