Check Availability

416 Burnbank Drive

416 Burnbank Drive, Cary, NC 27519
Property in Wake
Sold Dec 23, 2020
$952,000
$450,000 by First Federal Bank
Mortgage Due Dec 25, 2025
Local assessors in Cary, NC have categorized 416 Burnbank Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 13,939 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 416 Burnbank Drive has a total of 8,119 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. 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. 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. The property was last sold in Dec 15, 2020 for $952,000. That's $117.26 per sqft. 416 Burnbank Drive was last assessed in 2023. The total value of the property was assessed at $875,357. Specifically, the land the property is located on was valued at $130,000. While improvements on the property were assessed at a total of $745,357. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,791. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 8,119
  • Building Area: 8,119
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WELLFIELD
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO26 WELLFIELD BM2019-01543

Ownership

  • Current Owner : KAMUJU BALA KRISHNA
  • Current Owner 2: PETCHETTI MANJULA RANI
  • Previous Owner : CARUSO BUILDER WELLFIELD LLC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053411

Zoning

  • Zoning: R8CU

Geography

  • Account Number: 0475379
  • District: 20
  • Parcel: 0735.04-51-3110 0475379
  • Lot: 26
  • Municipality: WHITE OAK
  • Latitude: 35.8139
  • Longitude: -78.8806

    Address

  • Full Address: 416 Burnbank Dr
  • Address - House Number: 416
  • Address - Street Name: Burnbank
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R055
  • 4-Digit Zip Code: 5427
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,791
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 92
  • Final Value: 1,336,573
  • High Value: 1,456,895
  • Low Value: 1,216,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 25, 2025

    Market Valuation

  • Market Total Value: $875,357
  • Market Land Value: $130,000
  • Market Improvement Value: $745,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $875,357
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $745,357

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11828008943
  • Current Sale Price: $952,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 25, 2025

About Cary



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 202 Linden Park Lane, Cary, NC, 27519

$2,195 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,054 ft²
202 Linden Park Lane, Cary, NC, 27519 Listing by Bev Roberts
Unit for rent at 132 Linden Park Lane, Cary, NC, 27519

$2,095 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,000 ft²
132 Linden Park Lane, Cary, NC, 27519 Listing by Jeff Gillespie
Unit for rent at 230 Alamosa Place, Cary, NC, 27519

$2,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,285 ft²
230 Alamosa Place, Cary, NC, 27519 Listing by Pooja Kapur
Unit for rent at 4166 Lofty Ridge Place, Morrisville, NC, 27560

$2,195 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,980 ft²
4166 Lofty Ridge Place, Morrisville, NC, 27560 Listing by Philo Matthews
Unit for rent at 742 Silver Stream Lane, Cary, NC, 27519

$2,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,700 ft²
742 Silver Stream Lane, Cary, NC, 27519 Listing by MAHAVIRSINH PARMAR
Unit for rent at 4111 Lofty Ridge Place, Morrisville, NC, 27560

$2,195 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,927 ft²
4111 Lofty Ridge Place, Morrisville, NC, 27560 Listing by William Boehnke
Unit for rent at 1056 Indigo Ridge Place, Cary, NC, 27519

$2,195 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,018 ft²
1056 Indigo Ridge Place, Cary, NC, 27519 Listing by Wayne Li

Frequently Asked Questions

What neighborhood is 416 Burnbank Drive located in?
The 416 Burnbank Drive is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 416 Burnbank Drive?
The average sales price for units in 416 Burnbank Drive is $0 currently.

Quantcast