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45 Lakewood Drive

45 Lakewood Drive, Wendell, NC 27591
Property in Lakewood Acres
Sold Mar 16, 2007
$120,000
$112,000 by Eastern Auto Inc
Mortgage Due Mar 01, 2037
Sold Jan 29, 2002
$60,000
45 Lakewood Drive has been categorized by the local assessors in Wendell, NC as a residential type of property. The building on the property was first built in 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1970. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 45 Lakewood Drive has 1,652 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 16,988 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick control joints. The building has a hip style roof. The exterior walls of the building are made of brick. 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 and being fueled with wood. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 16, 2007 for $120,000. That's $72.64 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2002 for $60,000. 45 Lakewood Drive was last assessed in 2023. The total value of the property was assessed at $154,645. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $124,645. 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 $2,028. 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. 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: 1962
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,652
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD SUB
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO16 & PT 15 LAKEWOOD SUB BLA

Ownership

  • Current Owner : LEE JOHN T
  • Current Owner 2: MCRAE KEISHA
  • Previous Owner : EASTERN AUTO INC
  • Owner Before Previous Owner: MORTGAGE LENDERS NETWORK USA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054402

Zoning

  • Zoning: R2

Geography

  • Account Number: 0067925
  • District: 10
  • Parcel: 1783.08-98-6975 0067925
  • Lot: 16
  • Municipality: MARKS CREEK
  • Latitude: 35.7788
  • Longitude: -78.3606

    Address

  • Full Address: 45 Lakewood Dr
  • Address - House Number: 45
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wendell
  • Carrier Code: R005
  • 4-Digit Zip Code: 9592
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,028

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 82
  • Final Value: 280,260
  • High Value: 320,639
  • Low Value: 239,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,000
  • First Open Lien Mortgage Lender: EASTERN AUTO INC
  • First Open Lien Mortgage Recording Date: Mar 16, 2007
  • First Open Lien Mortgage Loan Amount: $112,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $154,645
  • Market Land Value: $30,000
  • Market Improvement Value: $124,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,645
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $124,645

    Sales

  • Current Sale Contract Date: Mar 16, 2007
  • Current Sale Recording Date: Mar 16, 2007
  • Current Sale Transaction ID: 1130603113
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 29, 2002
  • Previous Sale Contract Date: Jan 23, 2002
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN AUTO INC
  • First Mortgage Transaction Date: Mar 16, 2007
  • First Mortgage Loan Amount: $112,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Mar 01, 2037

About Lakewood Acres



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Frequently Asked Questions

What neighborhood is 45 Lakewood Drive located in?
The 45 Lakewood Drive is a located in the neighborhood of Lakewood Acres in Lakewood Acres, Wendell.
What is the average sales price for listings in 45 Lakewood Drive?
The average sales price for units in 45 Lakewood Drive is $0 currently.

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