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327 Flat Rail Trail

327 Flat Rail Trail, Cary, NC 27511
Property in Wake
Sold Jun 17, 2021
$835,000
Sold Oct 19, 2020
$700,000
$2,149,697 by Benchmark Community Bank
Mortgage
327 Flat Rail Trail has been categorized by the local assessors in Cary, NC as a residential type of property. The building on the property was first built in 2021 and is 3 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, 327 Flat Rail Trail has 2,460 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 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of brick. 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, 327 Flat Rail Trail sold most recently in Jun 16, 2021 for a total of $835,000. If you work out the math, that's approximately a cost of $339.43 per sqft. Before that, the property was also sold for $700,000 in Oct 19, 2020. 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 $7,029 in taxes each year. 327 Flat Rail Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $699,508. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $599,508. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 2,460
  • Building Area: 2,460
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK STATION
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO26 PARK STATION BM2019-01793

Ownership

  • Current Owner : CURRAN MICHAEL G
  • Current Owner 2: CURRAN ROBYN R
  • Previous Owner : ENVISION HOMES LLC
  • Owner Before Previous Owner: PARK TOWNS LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053517

Zoning

  • Zoning: GCP

Geography

  • Assessors Map Reference: BK 2019 PG 1793
  • Account Number: 0472548
  • District: 04
  • Parcel: 0764.19-50-4807 0472548
  • Lot: 26
  • Municipality: CARY
  • Latitude: 35.7855
  • Longitude: -78.7796

    Address

  • Full Address: 327 Flat Rail Trl
  • Address - House Number: 327
  • Address - Street Name: Flat Rail
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Cary
  • Carrier Code: C014
  • 4-Digit Zip Code: 3364
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,029

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 92
  • Final Value: 1,080,792
  • High Value: 1,179,080
  • Low Value: 982,504

    Market Valuation

  • Market Total Value: $699,508
  • Market Land Value: $100,000
  • Market Improvement Value: $599,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,508
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $599,508

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11844751951
  • Current Sale Price: $835,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 19, 2020
  • Previous Sale Contract Date: Oct 19, 2020
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $667,832
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: BENCHMARK COMMUNITY BANK
  • Previous Mortgage Transaction Date: Oct 19, 2020
  • Previous Mortgage Loan Amount: $2,149,697
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 327 Flat Rail Trail located in?
The 327 Flat Rail Trail is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 327 Flat Rail Trail?
The average sales price for units in 327 Flat Rail Trail is $0 currently.

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