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405 Arborhill Lane

405 Arborhill Lane, Holly Springs, NC 27540
Property in Sunset Oaks
Sold Mar 20, 2008
$472,000
$413,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2052
Sold Oct 31, 2006
$325,000
Local assessors in Holly Springs, NC have categorized 405 Arborhill Lane 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 17,860 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 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 405 Arborhill Lane has a total of 3,428 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 322 sqft. 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 405 Arborhill Lane sold most recently in Mar 13, 2008 for a total of $472,000. If you work out the math, that's approximately a cost of $137.69 per sqft. Before that, the property was also sold for $325,000 in Oct 16, 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 $5,422 in taxes each year. 405 Arborhill Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $518,854. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $443,854. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 322
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 3,428
  • Building Area: 3,428
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNSET OAKS PUD
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1070 SUNSET OAKS PUD PH10D SE1 BM2006-00980

Ownership

  • Current Owner : HERMAN GARY S
  • Current Owner 2: HERMAN STACIE C
  • Previous Owner : JOHN WIELAND HOMES & NEIGHBORHOODS OF TH
  • Owner Before Previous Owner: SSO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053210

Zoning

  • Zoning: PUD

Geography

  • Account Number: 0349157
  • District: 06
  • Section: 1
  • Subdivision Phase Number: 10D
  • Parcel: 0669.02-58-6082 0349157
  • Lot: 1070
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6677
  • Longitude: -78.7789

    Address

  • Full Address: 405 Arborhill Ln
  • Address - House Number: 405
  • Address - Street Name: Arborhill
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R093
  • 4-Digit Zip Code: 6210
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,422

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: May 03, 2023
  • Confidence Score: 85
  • Final Value: 822,407
  • High Value: 930,392
  • Low Value: 714,422

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $463,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $413,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Nov 09, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 11, 2062

    Market Valuation

  • Market Total Value: $518,854
  • Market Land Value: $75,000
  • Market Improvement Value: $443,854

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $518,854
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $443,854

    Sales

  • Current Sale Contract Date: Mar 13, 2008
  • Current Sale Recording Date: Mar 20, 2008
  • Current Sale Transaction ID: 1129475326
  • Current Sale Price: $472,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 2006
  • Previous Sale Contract Date: Oct 16, 2006
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WIELAND FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Mar 20, 2008
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2038

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Frequently Asked Questions

What neighborhood is 405 Arborhill Lane located in?
The 405 Arborhill Lane is a located in the neighborhood of Sunset Oaks in Sunset Oaks, Holly Springs.
What is the average sales price for listings in 405 Arborhill Lane?
The average sales price for units in 405 Arborhill Lane is $0 currently.

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