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4432 Lassiter Road

4432 Lassiter Road, Wake Forest, NC 27587
Property in Wake
Sold Mar 31, 2022
$70,500
Sold Apr 21, 2005
$86,000
$68,800 by Americas Wholesale Lender
Mortgage Due May 01, 2035
Local assessors in Wake Forest, NC have categorized 4432 Lassiter Road as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 21,780 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4432 Lassiter Road has a total of 1,400 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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. 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, 4432 Lassiter Road sold most recently in Mar 25, 2022 for a total of $70,500. If you work out the math, that's approximately a cost of $50.36 per sqft. Before that, the property was also sold for $86,000 in Apr 11, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $613 in taxes each year. The initial year of tax delinquency occurred in 2022. 4432 Lassiter Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,064. If we break it down further, the land itself was valued at $48,000. Improvements to the property, however, were assessed at a total of $28,064. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1950
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOCARTER LD

Ownership

  • Current Owner : CSMC 2021-JR1 TRUST
  • Previous Owner : SUBSTITUTE TRUSTEE SERVICES INC
  • Owner Before Previous Owner: HARTSFIELD BERNELL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054214

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0066603
  • District: 19
  • Parcel: 1778.01-05-9220 0066603
  • Municipality: WAKE FOREST
  • Latitude: 35.9062
  • Longitude: -78.4228

    Address

  • Full Address: 4432 Lassiter Rd
  • Address - House Number: 4432
  • Address - Street Name: Lassiter
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R002
  • 4-Digit Zip Code: 8483
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 124,128
  • High Value: 141,666
  • Low Value: 106,589

    Market Valuation

  • Market Total Value: $76,064
  • Market Land Value: $48,000
  • Market Improvement Value: $28,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,064
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $28,064

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11884302329
  • Current Sale Price: $70,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 21, 2005
  • Previous Sale Contract Date: Apr 11, 2005
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Apr 21, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $68,800
  • 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: May 01, 2035

About Wake



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Frequently Asked Questions

What neighborhood is 4432 Lassiter Road located in?
The 4432 Lassiter Road is a located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 4432 Lassiter Road?
The average sales price for units in 4432 Lassiter Road is $0 currently.

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