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507 Misty Groves Circle

507 Misty Groves Circle, Morrisville, NC 27560
Sold Feb 21, 2023
$360,000
$329,000 by Kwik Mortgage Corporation
Mortgage Due Mar 01, 2053
Sold Jul 30, 2004
$136,000
$108,800 by Rbc Mortgage Co
Mortgage Due Aug 01, 2034
Local assessors in Morrisville, NC have categorized 507 Misty Groves Circle as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 507 Misty Groves Circle has a total of 1,956 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. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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 gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 507 Misty Groves Circle sold most recently in Feb 21, 2023 for a total of $360,000. If you work out the math, that's approximately a cost of $184.05 per sqft. Before that, the property was also sold for $136,000 in Jul 6, 2004. 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 $1,834 in taxes each year. 507 Misty Groves Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $228,164. If we break it down further, the land itself was valued at $64,000. Improvements to the property, however, were assessed at a total of $164,164. 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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GROVES MORRISVILLE
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO67 GRVS @ MORRISVILLE P1 BLO BM1999-00483

Ownership

  • Current Owner : SITARAMAN SUUIL
  • Previous Owner : WODKA LUDWIK
  • Owner Before Previous Owner: BERG JOHN M
  • Owner Before Previous Owner 2: BERG ALICIA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053611

Zoning

  • Zoning: HDR

Geography

  • Account Number: 0253729
  • District: 05
  • Parcel: 0745.16-93-6196 0253729
  • Lot: 67
  • Municipality: CEDAR FORK
  • Latitude: 35.8193
  • Longitude: -78.8324

    Address

  • Full Address: 507 Misty Groves Cir
  • Address - House Number: 507
  • Address - Street Name: Misty Groves
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8174
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,834

    Appraisal Valuation

  • Standard Deviation: 0.1286
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 405,582
  • High Value: 457,746
  • Low Value: 353,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $329,000
  • First Open Lien Mortgage Lender: KWIK MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 21, 2023
  • First Open Lien Mortgage Loan Amount: $329,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $228,164
  • Market Land Value: $64,000
  • Market Improvement Value: $164,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,164
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $164,164

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Transaction ID: 11902393754
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Contract Date: Jul 06, 2004
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KWIK MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 21, 2023
  • First Mortgage Loan Amount: $329,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: RBC MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 30, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $108,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2034

About Groves at Morrisville



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Frequently Asked Questions

What neighborhood is 507 Misty Groves Circle located in?
The 507 Misty Groves Circle is a townhouse located in the neighborhood of Groves at Morrisville in Groves at Morrisville, Morrisville.
What is the average sales price for listings in 507 Misty Groves Circle?
The average sales price for units in 507 Misty Groves Circle is $0 currently.

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