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391 Lakemont Drive

391 Lakemont Drive, Clayton, NC 27520
Sold Jun 21, 2017
$233,500
$209,988 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2047
Sold Feb 15, 2017
$90,000
$174,400 by First Tennessee Bank National
Mortgage
Local assessors in Clayton, NC have categorized 391 Lakemont Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,405 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 391 Lakemont Drive has a total of 1,841 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a screened porch and a patio so you'll have great options in both the front and back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 391 Lakemont Drive sold most recently in May 24, 2017 for a total of $233,500. If you work out the math, that's approximately a cost of $126.83 per sqft. Before that, the property was also sold for $90,000 in Feb 14, 2017. 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 $2,939 in taxes each year. The initial year of tax delinquency occurred in 2017. 391 Lakemont Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,850. If we break it down further, the land itself was valued at $51,000. Improvements to the property, however, were assessed at a total of $176,850. 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,841
  • Gross Building Area: 2,563
  • Building Area: 1,841
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,841
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRISTOL AT COBBLESTONE SUBDIVISION
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 74 BRISTOL AT COBBLESTONE PH 1 82/431

Ownership

  • Current Owner : CULLINGFORD MATTHEW
  • Current Owner 2: CULLINGFORD COURTNEY
  • Previous Owner : ROYAL OAKS BUILDING GROUP LLC
  • Owner Before Previous Owner: HLMRVT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 40
  • School Tax District Code 2: 05
  • School Tax District Code 3: 53
  • Census Tract: 041001

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: BK: 82 PG: 431
  • Account Number: 2000201693
  • District: 5
  • Subdivision Phase Number: 1
  • Parcel: 05H03041M
  • Lot: 74
  • Municipality: CLAYTON
  • Latitude: 35.6337
  • Longitude: -78.4595

    Address

  • Full Address: 391 Lakemont Dr
  • Address - House Number: 391
  • Address - Street Name: Lakemont
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Clayton
  • Carrier Code: C005
  • 4-Digit Zip Code: 3055
  • Zip Code: 27520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,939
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: C,CI53

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 410,829
  • High Value: 485,802
  • Low Value: 335,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,988
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2017
  • First Open Lien Mortgage Loan Amount: $209,988
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $227,850
  • Market Land Value: $51,000
  • Market Improvement Value: $176,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,850
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $176,850

    Sales

  • Current Sale Contract Date: May 24, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Transaction ID: 11331427999
  • Current Sale Price: $233,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2017534379
  • Previous Sale Recording Date: Feb 15, 2017
  • Previous Sale Contract Date: Feb 14, 2017
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 21, 2017
  • First Mortgage Loan Amount: $209,988
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TENNESSEE BANK NATIONAL
  • Previous Mortgage Transaction Date: Feb 15, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $174,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 391 Lakemont Drive located in?
The 391 Lakemont Drive is a located in the neighborhood of Cobblestone Village in Cobblestone Village, Clayton.
What is the average sales price for listings in 391 Lakemont Drive?
The average sales price for units in 391 Lakemont Drive is $0 currently.

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