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513 Wheddoncross Way

513 Wheddoncross Way, Wake Forest, NC 27587
Property in Olde Mill Stream
Sold Jan 31, 2018
$325,000
$331,987 by Blue Ridge Bank
Mortgage Due Feb 01, 2048
Sold Jan 20, 2005
$274,000
$219,200 by Gmac Mortgage Corp
Mortgage Due Feb 01, 2035
Local assessors in Wake Forest, NC have categorized 513 Wheddoncross Way as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 23,087 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 3 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 513 Wheddoncross Way has a total of 2,704 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 84 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 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. 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, 513 Wheddoncross Way was last sold in Jan 30, 2018 for $325,000. According to our calculations, that's $120.19 per sqft. Prior to that sales transaction, the property was sold for $274,000 in Jan 10, 2005. Current property owners are expected to pay $4,189 in taxes per year. The property on 513 Wheddoncross Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $374,067. To break that down further, the land itself was valued at $51,000. While improvements to the property were assessed at a total of $323,067. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 84
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,704
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLDE MILL STREAM SUB
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO52 OLDE MILL STREAM SUB PH4B BM2001-01157

Ownership

  • Current Owner : THOMAS BENICIO
  • Previous Owner : MARTIN ANDREW T
  • Previous Owner 2: MARTIN CAROLYN D
  • Owner Before Previous Owner: POWELL & CO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054204

Zoning

  • Zoning: GR3

Geography

  • Account Number: 0307943
  • District: 19
  • Parcel: 1842.04-60-3003 0307943
  • Lot: 52
  • Municipality: WAKE FOREST
  • Latitude: 36.0022
  • Longitude: -78.5053

    Address

  • Full Address: 513 Wheddon Cross Way
  • Address - House Number: 513
  • Address - Street Name: Wheddon Cross
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R019
  • 4-Digit Zip Code: 4008
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,189

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 79
  • Final Value: 539,275
  • High Value: 627,743
  • Low Value: 450,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,987
  • First Open Lien Mortgage Lender: BLUE RIDGE BANK
  • First Open Lien Mortgage Recording Date: Jan 31, 2018
  • First Open Lien Mortgage Loan Amount: $331,987
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $374,067
  • Market Land Value: $51,000
  • Market Improvement Value: $323,067

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $374,067
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $323,067

    Sales

  • Current Sale Contract Date: Jan 30, 2018
  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Transaction ID: 11390488080
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Contract Date: Jan 10, 2005
  • Previous Sale Amount: $274,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUE RIDGE BANK
  • First Mortgage Transaction Date: Jan 31, 2018
  • First Mortgage Loan Amount: $331,987
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 20, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $219,200
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

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Frequently Asked Questions

What neighborhood is 513 Wheddoncross Way located in?
The 513 Wheddoncross Way is a located in the neighborhood of Olde Mill Stream in Olde Mill Stream, Wake Forest.
What is the average sales price for listings in 513 Wheddoncross Way?
The average sales price for units in 513 Wheddoncross Way is $0 currently.

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