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332 Reezy Lane

332 Reezy Lane, Wake Forest, NC 27587
Property in Reynolds Mill
Sold May 29, 2020
$325,000
$276,250 by Alcova Mortgage Llc
Mortgage Due Jun 01, 2050
Sold Jan 26, 2017
$282,000
$235,695 by Branch Banking And Trust Co
Mortgage Due Feb 01, 2047
332 Reezy Lane has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2017 and is 7 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 332 Reezy Lane has 2,566 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 7,841 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 168 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. 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, 332 Reezy Lane was last sold in May 21, 2020 for $325,000. According to our calculations, that's $126.66 per sqft. Prior to that sales transaction, the property was sold for $282,000 in Jan 25, 2017. Current property owners are expected to pay $3,558 in taxes per year. The property on 332 Reezy Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $317,459. To break that down further, the land itself was valued at $42,000. While improvements to the property were assessed at a total of $275,459. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 168
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,566
  • Building Area: 2,566
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,566
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REYNOLDS MILL
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO363 REYNOLDS MILL PH3B SE2 BM2016-01165

Ownership

  • Current Owner : ROBINSON ELLEN SADLER
  • Previous Owner : SALVA JOSEPH
  • Previous Owner 2: SALVA STACY
  • Owner Before Previous Owner: TAYLOR MORRISON OF CAROLINAS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054206

Zoning

  • Zoning: GR5

Geography

  • Assessors Map Reference: BK 2016 PG 1165
  • Account Number: 0438907
  • District: 19
  • Section: 2
  • Subdivision Phase Number: 3B
  • Parcel: 1830.12-95-3801 0438907
  • Lot: 363
  • Municipality: WAKE FOREST
  • Latitude: 35.9631
  • Longitude: -78.5293

    Address

  • Full Address: 332 Reezy Ln
  • Address - House Number: 332
  • Address - Street Name: Reezy
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R015
  • 4-Digit Zip Code: 4198
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,558

    Appraisal Valuation

  • Standard Deviation: 0.1308
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 516,004
  • High Value: 583,500
  • Low Value: 448,509

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,250
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $276,250
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $317,459
  • Market Land Value: $42,000
  • Market Improvement Value: $275,459

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $317,459
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $275,459

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11767898034
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 26, 2017
  • Previous Sale Contract Date: Jan 25, 2017
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $276,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Jan 26, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $235,695
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Reynolds Mill



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Frequently Asked Questions

What neighborhood is 332 Reezy Lane located in?
The 332 Reezy Lane is a located in the neighborhood of Reynolds Mill in Reynolds Mill, Wake Forest.
What is the average sales price for listings in 332 Reezy Lane?
The average sales price for units in 332 Reezy Lane is $0 currently.

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