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405 Lippershey Court

405 Lippershey Court, Cary, NC 27513
Property in Preston Ponds
Sold Aug 30, 2013
$295,000
$235,900 by Primelending
Mortgage Due Sep 01, 2028
Sold Nov 04, 2005
$271,000
$191,000 by Dba Aegis Financial Corp
Mortgage Due Dec 01, 2035
Local assessors in Cary, NC have categorized 405 Lippershey Court as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 12,197 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 Lippershey Court has a total of 2,340 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 292 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system 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, 405 Lippershey Court sold most recently in Aug 27, 2013 for a total of $295,000. If you work out the math, that's approximately a cost of $126.07 per sqft. Before that, the property was also sold for $271,000 in Nov 4, 2005. 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 $3,870 in taxes each year. 405 Lippershey Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $399,180. If we break it down further, the land itself was valued at $111,000. Improvements to the property, however, were assessed at a total of $288,180. 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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 292
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,340
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PRESTON CROSSINGS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO253 PRESTON CRSNG@PRESTON PUD BM1993-00267

Ownership

  • Current Owner : HSU KUOHSIANG J
  • Current Owner 2: YANG PATTY
  • Previous Owner : GEYER ERIC J
  • Previous Owner 2: GEYER SARAH
  • Owner Before Previous Owner: FANSLER JOHN P
  • Owner Before Previous Owner 2: FANSLER JULIA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053605

Zoning

  • Zoning: R12P

Geography

  • Account Number: 0196650
  • District: 05
  • Parcel: 0744.02-65-0465 0196650
  • Lot: 253
  • Municipality: CEDAR FORK
  • Latitude: 35.7981
  • Longitude: -78.8448

    Address

  • Full Address: 405 Lippershey Ct
  • Address - House Number: 405
  • Address - Street Name: Lippershey
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Cary
  • Carrier Code: R033
  • 4-Digit Zip Code: 5689
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,870

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 86
  • Final Value: 676,848
  • High Value: 761,348
  • Low Value: 592,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,900
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Aug 30, 2013
  • First Open Lien Mortgage Loan Amount: $235,900
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2028

    Market Valuation

  • Market Total Value: $399,180
  • Market Land Value: $111,000
  • Market Improvement Value: $288,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $399,180
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $288,180

    Sales

  • Current Sale Contract Date: Aug 27, 2013
  • Current Sale Recording Date: Aug 30, 2013
  • Current Sale Transaction ID: 1131903662
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 04, 2005
  • Previous Sale Contract Date: Nov 04, 2005
  • Previous Sale Amount: $271,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 30, 2013
  • First Mortgage Loan Amount: $235,900
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: DBA AEGIS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Nov 04, 2005
  • Previous Mortgage Loan Amount: $191,000
  • 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: Dec 01, 2035

About Preston



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Frequently Asked Questions

What neighborhood is 405 Lippershey Court located in?
The 405 Lippershey Court is a located in the neighborhood of Preston Ponds in Preston, Cary.
What is the average sales price for listings in 405 Lippershey Court?
The average sales price for units in 405 Lippershey Court is $0 currently.

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