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5600 Chimney Swift Drive

5600 Chimney Swift Drive, Wake Forest, NC 27587
Sold Feb 03, 2014
$423,500
$228,500 by Quicken Loans Llc
Mortgage Due Feb 01, 2051
Sold May 10, 2013
$65,000
$272,850 by North State Bank
Mortgage Due Dec 10, 2013
Local assessors in Wake Forest, NC have categorized 5600 Chimney Swift Drive as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 30,056 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 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 5600 Chimney Swift Drive has a total of 3,084 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 799 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 562 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 wood. 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, 5600 Chimney Swift Drive was last sold in Feb 3, 2014 for $423,500. According to our calculations, that's $137.32 per sqft. Prior to that sales transaction, the property was sold for $65,000 in May 10, 2013. Current property owners are expected to pay $3,405 in taxes per year. The property on 5600 Chimney Swift Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $468,693. To break that down further, the land itself was valued at $27,500. While improvements to the property were assessed at a total of $441,193. 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. 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.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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 799
  • Garage Type: Garage
  • Garage Square Area: 562
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 3,084
  • Building Area: 3,084
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,084
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WHIPPOORWILL VLY
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO87A WHIPPOORWILL VLLY P3 BM1995-753

Ownership

  • Current Owner : FREEMAN STEPHEN
  • Current Owner 2: FREEMAN ELAINE
  • Previous Owner : EXECUTIVE CUSTOM HOMES INC
  • Owner Before Previous Owner: BEVERLY ROBERT C
  • Owner Before Previous Owner 2: BEVERLY MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054209

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0215210
  • District: 19
  • Parcel: 1749.03-23-0932 0215210
  • Lot: 87A
  • Municipality: WAKE FOREST
  • Latitude: 35.9304
  • Longitude: -78.5201

    Address

  • Full Address: 5600 Chimney Swift Dr
  • Address - House Number: 5600
  • Address - Street Name: Chimney Swift
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R010
  • 4-Digit Zip Code: 6702
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,405

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 742,478
  • High Value: 839,561
  • Low Value: 645,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 25, 2021
  • First Open Lien Mortgage Loan Amount: $228,500
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $468,693
  • Market Land Value: $27,500
  • Market Improvement Value: $441,193

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $468,693
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $441,193

    Sales

  • Current Sale Contract Date: Feb 03, 2014
  • Current Sale Recording Date: Feb 03, 2014
  • Current Sale Transaction ID: 1130359482
  • Current Sale Price: $423,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 10, 2013
  • Previous Sale Contract Date: May 10, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 03, 2014
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: May 10, 2013
  • Previous Mortgage Loan Amount: $272,850
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 10, 2013

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Frequently Asked Questions

What neighborhood is 5600 Chimney Swift Drive located in?
The 5600 Chimney Swift Drive is a located in the neighborhood of Whippoorwill Valley in Whippoorwill Valley, Wake Forest.
What is the average sales price for listings in 5600 Chimney Swift Drive?
The average sales price for units in 5600 Chimney Swift Drive is $0 currently.

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