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461 Triumph Lane

461 Triumph Lane, Wake Forest, NC 27587
Townhouse in Wake
461 Triumph Lane 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 2018 and is 6 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 461 Triumph Lane has 2,060 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 220 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 461 Triumph Lane sold most recently in Sep 14, 2020 for a total of $325,000. If you work out the math, that's approximately a cost of $157.77 per sqft. Before that, the property was also sold for $288,500 in Dec 19, 2018. 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 $3,374 in taxes each year. 461 Triumph Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $279,916. If we break it down further, the land itself was valued at $57,000. Improvements to the property, however, were assessed at a total of $222,916. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200730
07/30/2020
3 Bed
3 Bath
1934 ft²
$338,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1934 ft²
$325,000 -3.85%
09/17/2020
Karen Tehrani

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RETREAT AT RENAISSNACE SUBDIVISION
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO7 THE RETREAT @ RENAISSANCE PH1B BM2018-00912

Ownership

  • Current Owner : BLACKWELL MICHELE
  • Previous Owner : CROSSCUP WILLIAM
  • Previous Owner 2: CROSSCUP BEVERLY
  • Owner Before Previous Owner: SMI REALEIGH LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: WMD
  • Census Tract: 054224

Zoning

  • Zoning: UMX

Geography

  • Account Number: 0457653
  • District: 19
  • Parcel: 1840.07-58-5927 0457653
  • Lot: 7
  • Municipality: WAKE FOREST
  • Latitude: 35.9718
  • Longitude: -78.5082

    Address

  • Full Address: 461 Triumph Ln
  • Address - House Number: 461
  • Address - Street Name: Triumph
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 2648
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,374

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 85
  • Final Value: 444,844
  • High Value: 502,584
  • Low Value: 387,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $295,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $279,916
  • Market Land Value: $57,000
  • Market Improvement Value: $222,916

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,916
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $222,916

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11807400466
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 19, 2018
  • Previous Sale Contract Date: Dec 19, 2018
  • Previous Sale Amount: $288,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 17, 2020
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 19, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $201,616
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Wake Forest



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Frequently Asked Questions

What neighborhood is 461 Triumph Lane located in?
The 461 Triumph Lane is a townhouse located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 461 Triumph Lane?
The average sales price for units in 461 Triumph Lane is $325,000 , or $168/sqft. currently.

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