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4108 Green Drake Drive

4108 Green Drake Drive, Wake Forest, NC 27587
Property in Drayton Reserve
Sold Apr 23, 2018
$400,000
$320,000 by Alcova Mortgage Llc
Mortgage Due May 01, 2048
Sold May 09, 2014
$303,000
$244,000 by Trustatlantic Bank
Mortgage
4108 Green Drake Drive 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 2014 and is 10 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, 4108 Green Drake Drive has 3,562 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 15,246 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 400 sqft. 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 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. 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, 4108 Green Drake Drive sold most recently in Apr 16, 2018 for a total of $400,000. If you work out the math, that's approximately a cost of $112.30 per sqft. Before that, the property was also sold for $303,000 in May 6, 2014. 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 $2,618 in taxes each year. 4108 Green Drake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $429,563. 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 $354,563. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 3,562
  • Building Area: 3,562
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRAYTON RESERVE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO81 DRAYTON RESERVE PH1B BM2013-00359

Ownership

  • Current Owner : PHAN HIEN
  • Current Owner 2: DUONG AMY
  • Previous Owner : LAILBLE BRIAN ALAN
  • Previous Owner 2: SHERLOCK LEIGH MARY JEAN
  • Owner Before Previous Owner: PEACHTREE COMMUNITIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054216

Zoning

  • Zoning: RM-CZ

Geography

  • Assessors Map Reference: BK 2013 PG 359
  • Account Number: 0414512
  • District: 19
  • Subdivision Phase Number: 1B
  • Parcel: 1748.02-86-0231 0414512
  • Lot: 81
  • Municipality: WAKE FOREST
  • Latitude: 35.9092
  • Longitude: -78.5001

    Address

  • Full Address: 4108 Green Drake Dr
  • Address - House Number: 4108
  • Address - Street Name: Green Drake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R009
  • 4-Digit Zip Code: 9832
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,618

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 86
  • Final Value: 683,979
  • High Value: 767,345
  • Low Value: 600,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2018
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $429,563
  • Market Land Value: $75,000
  • Market Improvement Value: $354,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,563
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $354,563

    Sales

  • Current Sale Contract Date: Apr 16, 2018
  • Current Sale Recording Date: Apr 23, 2018
  • Current Sale Transaction ID: 11452198148
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Contract Date: May 06, 2014
  • Previous Sale Amount: $303,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 23, 2018
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTATLANTIC BANK
  • Previous Mortgage Transaction Date: May 09, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $244,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Drayton Reserve



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Frequently Asked Questions

What neighborhood is 4108 Green Drake Drive located in?
The 4108 Green Drake Drive is a located in the neighborhood of Drayton Reserve in Drayton Reserve, Wake Forest.
What is the average sales price for listings in 4108 Green Drake Drive?
The average sales price for units in 4108 Green Drake Drive is $0 currently.

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