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5009 Trembath Lane

5009 Trembath Lane, Cary, NC 27519
Property in Wake
Sold Nov 14, 2016
$550,000
$404,000 by Universal American Mortgage Co
Mortgage Due Dec 01, 2031
5009 Trembath Lane in Cary, NC was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5009 Trembath Lane has 3,798 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 638 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5009 Trembath Lane sold most recently in Oct 6, 2016 for a total of $550,000. If you work out the math, that's approximately a cost of $144.81 per sqft. 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 $5,457 in taxes each year. 5009 Trembath Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $563,711. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $463,711. 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.

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
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 638
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,798
  • Building Area: 3,798
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRYARS GATE
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO21 FRYARS GATE PH1 BM2013-01368

Ownership

  • Current Owner : THAKKAR KIRTI KUMAR
  • Current Owner 2: THAKKAR NEHA
  • Previous Owner : LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: TRP

Geography

  • Assessors Map Reference: BK 2013 PG 1368
  • Account Number: 0418585
  • District: 20
  • Subdivision Phase Number: 1
  • Parcel: 0734.01-48-0888 0418585
  • Lot: 21
  • Municipality: WHITE OAK
  • Latitude: 35.8076
  • Longitude: -78.885

    Address

  • Full Address: 5009 Trembath Ln
  • Address - House Number: 5009
  • Address - Street Name: Trembath
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R071
  • 4-Digit Zip Code: 7308
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,457

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 916,160
  • High Value: 1,033,716
  • Low Value: 798,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,000
  • First Open Lien Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 14, 2016
  • First Open Lien Mortgage Loan Amount: $404,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $563,711
  • Market Land Value: $100,000
  • Market Improvement Value: $463,711

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $563,711
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $463,711

    Sales

  • Current Sale Contract Date: Oct 06, 2016
  • Current Sale Recording Date: Nov 14, 2016
  • Current Sale Transaction ID: 1859485320
  • Current Sale Price: $550,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Nov 14, 2016
  • First Mortgage Loan Amount: $404,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2031

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Frequently Asked Questions

What neighborhood is 5009 Trembath Lane located in?
The 5009 Trembath Lane is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 5009 Trembath Lane?
The average sales price for units in 5009 Trembath Lane is $0 currently.

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