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5059 Homeplace Drive

5059 Homeplace Drive, Apex, NC 27539
Sold Jun 19, 2020
$310,000
$150,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2035
Sold Jun 26, 2013
$234,500
$175,875 by Corporate Investors Mortgage G
Mortgage Due Jul 01, 2043
5059 Homeplace Drive in Apex, NC was first built in 2007 and is 17 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 townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5059 Homeplace Drive has 2,355 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 3,485 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 400 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, 5059 Homeplace Drive sold most recently in Jun 10, 2020 for a total of $310,000. If you work out the math, that's approximately a cost of $131.63 per sqft. Before that, the property was also sold for $234,500 in Jun 26, 2013. 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 $3,142 in taxes each year. 5059 Homeplace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,708. If we break it down further, the land itself was valued at $62,000. Improvements to the property, however, were assessed at a total of $261,708. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 2,355
  • Building Area: 2,355
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEST LAKE
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO134 WEST LAKE TOWNHOMES PH2 BM2006-01294

Ownership

  • Current Owner : HUTCHERSON RODNEY NEAL
  • Current Owner 2: HUTCHERSON DEBORAH CARRIER
  • Previous Owner : RILEY BRIAN
  • Previous Owner 2: RILEY AMY
  • Owner Before Previous Owner: DELIO ANTHONY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053201

Zoning

  • Zoning: RMFP

Geography

  • Account Number: 0350408
  • District: 18
  • Subdivision Phase Number: 2
  • Parcel: 0679.01-26-7498 0350408
  • Lot: 134
  • Municipality: SWIFT CREEK
  • Latitude: 35.6635
  • Longitude: -78.7549

    Address

  • Full Address: 5059 Homeplace Dr
  • Address - House Number: 5059
  • Address - Street Name: Homeplace
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Apex
  • Carrier Code: R050
  • 4-Digit Zip Code: 5784
  • Zip Code: 27539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,142

    Appraisal Valuation

  • Standard Deviation: 0.1309
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 512,675
  • High Value: 579,830
  • Low Value: 445,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $323,708
  • Market Land Value: $62,000
  • Market Improvement Value: $261,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,708
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $261,708

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11769623765
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $234,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Jun 26, 2013
  • Previous Mortgage Loan Amount: $175,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About West Lake Townhomes



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Frequently Asked Questions

What neighborhood is 5059 Homeplace Drive located in?
The 5059 Homeplace Drive is a townhouse located in the neighborhood of West Lake Townhomes in West Lake Townhomes, Apex.
What is the average sales price for listings in 5059 Homeplace Drive?
The average sales price for units in 5059 Homeplace Drive is $0 currently.

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