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502 Canyon Lake Circle

502 Canyon Lake Circle, Morrisville, NC 27560
Sold Jan 07, 2005
$133,000
$225,400 by First-citizens Bank & Trust Co
Mortgage
Sold Sep 27, 2001
$125,000
$100,000 by Pulte Mtg Corp
Mortgage Due Oct 01, 2031
502 Canyon Lake Circle has been categorized by the local assessors in Morrisville, NC as a residential type of property. The building on the property was first built in 2001 and is 23 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, 502 Canyon Lake Circle has 1,386 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. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. 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 gas. 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. 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, 502 Canyon Lake Circle was last sold in Dec 30, 2004 for $133,000. According to our calculations, that's $95.96 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Sep 26, 2001. Current property owners are expected to pay $2,265 in taxes per year. The property on 502 Canyon Lake Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $212,068. To break that down further, the land itself was valued at $71,000. While improvements to the property were assessed at a total of $141,068. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,386
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TERRACE BRECKENRIDGEPH
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO41 TERR @ BRCKNRDGE PH2 01-963 BLF

Ownership

  • Current Owner : TETTERTON CHRISTOPHER
  • Previous Owner : BENEDETTO THOMAS
  • Previous Owner 2: BENEDETTO CELINE
  • Owner Before Previous Owner: PULTE HOME CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053620

Zoning

  • Zoning: HDR

Geography

  • Account Number: 0285735
  • District: 05
  • Subdivision Phase Number: 2
  • Parcel: 0746.03-00-9106 0285735
  • Lot: 41
  • Municipality: CEDAR FORK
  • Latitude: 35.8386
  • Longitude: -78.8621

    Address

  • Full Address: 502 Canyon Lake Cir
  • Address - House Number: 502
  • Address - Street Name: Canyon Lake
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R011
  • 4-Digit Zip Code: 7789
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,265

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 96
  • Final Value: 366,837
  • High Value: 391,826
  • Low Value: 341,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,400
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Feb 27, 2023
  • First Open Lien Mortgage Loan Amount: $225,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $212,068
  • Market Land Value: $71,000
  • Market Improvement Value: $141,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,068
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $141,068

    Sales

  • Current Sale Contract Date: Dec 30, 2004
  • Current Sale Recording Date: Jan 07, 2005
  • Current Sale Transaction ID: 1132043625
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 27, 2001
  • Previous Sale Contract Date: Sep 26, 2001
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBANC MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 07, 2005
  • First Mortgage Loan Amount: $106,300
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Feb 01, 2035
  • Second Mortgage Loan Amount: $26,575

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MTG CORP
  • Previous Mortgage Transaction Date: Sep 27, 2001
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About Terrace at Breckenridge



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Frequently Asked Questions

What neighborhood is 502 Canyon Lake Circle located in?
The 502 Canyon Lake Circle is a located in the neighborhood of Terrace at Breckenridge in Terrace at Breckenridge, Morrisville.
What is the average sales price for listings in 502 Canyon Lake Circle?
The average sales price for units in 502 Canyon Lake Circle is $0 currently.

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