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511 Wayland Grove Lane

511 Wayland Grove Lane, Apex, NC 27523
Townhouse in Wake
Sold Nov 25, 2019
$332,000
$249,000 by Suntrust Bank
Mortgage Due Dec 01, 2049
Local assessors in Apex, NC have categorized 511 Wayland Grove Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,049 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 511 Wayland Grove Lane has a total of 2,420 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 382 sqft. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 511 Wayland Grove Lane sold most recently in Nov 25, 2019 for a total of $332,000. If you work out the math, that's approximately a cost of $137.19 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 $3,533 in taxes each year. 511 Wayland Grove Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $341,215. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $291,215. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Condition

New Construction

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 382
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,420
  • Building Area: 2,420
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WAYLAND GROVE PUD
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO4 WAYLAND GROVE PH2 BM2018-02230

Ownership

  • Current Owner : GU PEIDI
  • Current Owner 2: ZHANG PEIPEI
  • Previous Owner : DAN RYAN BUILDERS NORTH CAROLINA LLC

Neighborhood

  • School District Name: Chatham County Schools
  • Census Tract: 053409

Zoning

  • Zoning: PUD-CZ

Geography

  • Account Number: 0462739
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0733.04-72-7005 0462739
  • Lot: 4
  • Municipality: WHITE OAK
  • Latitude: 35.7614
  • Longitude: -78.8729

    Address

  • Full Address: 511 Wayland Grove Ln
  • Address - House Number: 511
  • Address - Street Name: Wayland Grove
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R057
  • 4-Digit Zip Code: 8034
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,533

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 601,010
  • High Value: 675,403
  • Low Value: 526,617

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $496,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Nov 25, 2019
  • First Open Lien Mortgage Loan Amount: $249,000
  • 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: Dec 01, 2049
  • Second Open Lien Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • Second Open Lien Mortgage Recording Date: Nov 09, 2021
  • Second Open Lien Mortgage Loan Amount: $247,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $341,215
  • Market Land Value: $50,000
  • Market Improvement Value: $291,215

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $341,215
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $291,215

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Transaction ID: 11711684412
  • Current Sale Price: $332,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Nov 25, 2019
  • First Mortgage Loan Amount: $249,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Wake



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Frequently Asked Questions

What neighborhood is 511 Wayland Grove Lane located in?
The 511 Wayland Grove Lane is a townhouse located in the neighborhood of Wake in Wake, Apex.
What is the average sales price for listings in 511 Wayland Grove Lane?
The average sales price for units in 511 Wayland Grove Lane is $0 currently.

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