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5007 Lalex Lane

5007 Lalex Lane, Cary, NC 27519
Townhouse in Cary Park
Sold Jun 26, 2020
$250,500
$236,550 by Movement Mortgage
Mortgage Due Jul 01, 2050
Sold Oct 16, 2014
$198,000
$148,500 by Primelending
Mortgage Due Nov 01, 2044
5007 Lalex Lane has been categorized by the local assessors in Cary, 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, 5007 Lalex Lane has 1,929 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 467 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,307 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5007 Lalex Lane was last sold in Jun 21, 2020 for $250,500. According to our calculations, that's $129.86 per sqft. Prior to that sales transaction, the property was sold for $198,000 in Oct 14, 2014. Current property owners are expected to pay $2,376 in taxes per year. The property on 5007 Lalex Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $244,316. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $204,316. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
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: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 467
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,929
  • Building Area: 1,929
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,929
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAMDEN
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO146 CAMDEN TOWNHOMES @ CARY PARK PH2 BM2008-01049

Ownership

  • Current Owner : PRADO ALEXANDER T
  • Current Owner 2: PRADO MA LOURDES
  • Previous Owner : KUMAR PAWAN
  • Previous Owner 2: KUMAR VAISHALI
  • Owner Before Previous Owner: DAN RYAN BUILDERS NORTH CAROLINA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053601

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0376776
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0735.01-16-2535 0376776
  • Lot: 146
  • Municipality: WHITE OAK
  • Latitude: 35.8287
  • Longitude: -78.8946

    Address

  • Full Address: 5007 Lalex Ln
  • Address - House Number: 5007
  • Address - Street Name: Lalex
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R079
  • 4-Digit Zip Code: 6948
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,376

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 422,891
  • High Value: 480,860
  • Low Value: 364,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,550
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Loan Amount: $236,550
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $244,316
  • Market Land Value: $40,000
  • Market Improvement Value: $204,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $244,316
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $204,316

    Sales

  • Current Sale Contract Date: Jun 21, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Transaction ID: 11785386907
  • Current Sale Price: $250,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Contract Date: Oct 14, 2014
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jun 26, 2020
  • First Mortgage Loan Amount: $236,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Oct 16, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $148,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Cary Park



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Frequently Asked Questions

What neighborhood is 5007 Lalex Lane located in?
The 5007 Lalex Lane is a townhouse located in the neighborhood of Cary Park in Cary Park, Cary.
What is the average sales price for listings in 5007 Lalex Lane?
The average sales price for units in 5007 Lalex Lane is $0 currently.

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