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5029 Cottage Bluff Lane

5029 Cottage Bluff Lane, Knightdale, NC 27545
Property in Baywood Forest
Sold Aug 16, 2021
$222,000
$224,000 by State Employees Cu
Mortgage Due Sep 01, 2051
Sold Jun 07, 2012
$116,500
$118,877 by First Priority Financial Inc
Mortgage Due Jul 01, 2042
Local assessors in Knightdale, NC have categorized 5029 Cottage Bluff Lane as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5029 Cottage Bluff Lane has a total of 1,220 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with wood. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 13, 2021 for $222,000. That's $181.97 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 2012 for $116,500. 5029 Cottage Bluff Lane was last assessed in 2022. The total value of the property was assessed at $166,333. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $116,333. 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 $1,221. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1995
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,220
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BAYWOOD FOREST SUB
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO43 BAYWOOD FOREST SUB PH4 BM1994-01540

Ownership

  • Current Owner : WILKERSON WILLIAM FRANCES LYNN
  • Current Owner 2: BRISCOE CARLTON F
  • Previous Owner : BOLDING LORAN HARDY
  • Owner Before Previous Owner: JONES MARCELLA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054108

Zoning

  • Zoning: GR8

Geography

  • Account Number: 0210981
  • District: 10
  • Subdivision Phase Number: 4
  • Parcel: 1753.04-74-0085 0210981
  • Lot: 43
  • Municipality: MARKS CREEK
  • Latitude: 35.7657
  • Longitude: -78.4705

    Address

  • Full Address: 5029 Cottage Bluff Ln
  • Address - House Number: 5029
  • Address - Street Name: Cottage Bluff
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Knightdale
  • Carrier Code: R004
  • 4-Digit Zip Code: 8948
  • Zip Code: 27545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,221

    Appraisal Valuation

  • Standard Deviation: 0.1432
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 293,225
  • High Value: 335,222
  • Low Value: 251,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $224,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $166,333
  • Market Land Value: $50,000
  • Market Improvement Value: $116,333

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,333
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $116,333

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Transaction ID: 11855823587
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 07, 2012
  • Previous Sale Contract Date: Jun 07, 2012
  • Previous Sale Amount: $116,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Aug 16, 2021
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PRIORITY FINANCIAL INC
  • Previous Mortgage Transaction Date: Jun 07, 2012
  • Previous Mortgage Loan Amount: $118,877
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Baywood Forest



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Frequently Asked Questions

What neighborhood is 5029 Cottage Bluff Lane located in?
The 5029 Cottage Bluff Lane is a located in the neighborhood of Baywood Forest in Baywood Forest, Knightdale.
What is the average sales price for listings in 5029 Cottage Bluff Lane?
The average sales price for units in 5029 Cottage Bluff Lane is $0 currently.

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