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6515 Rex Road

6515 Rex Road, Holly Springs, NC 27540
Property in Wake
Sold Mar 17, 2017
$150,000
$120,000 by Lumbee Guaranty Bank
Mortgage
Sold Oct 27, 1998
$36,500
Local assessors in Holly Springs, NC have categorized 6515 Rex Road as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 94,090 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 is one full bathroom. There is also a partial bathroom. 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 6515 Rex Road has a total of 1,208 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. 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, 6515 Rex Road sold most recently in Mar 17, 2017 for a total of $150,000. If you work out the math, that's approximately a cost of $124.17 per sqft. Before that, the property was also sold for $36,500 in Oct 23, 1998. 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 $1,594 in taxes each year. The initial year of tax delinquency occurred in 2022. 6515 Rex Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,876. If we break it down further, the land itself was valued at $147,816. Improvements to the property, however, were assessed at a total of $54,060. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1900
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 94,090
  • Total Building Area: 1,208
  • Building Area: 1,208
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF CHESTER & CHRISTIME HOLMES
  • Land Acres: 2.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROP CHESTER & CHRISTINE HOLMES 94-1896

Ownership

  • Current Owner : CHAVIS KIMBERLY D
  • Current Owner 2: CHAVIS KIMBERLY DALE
  • Previous Owner : CHAVIS JAMES
  • Owner Before Previous Owner: BRANCH BANKING & TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053208

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0095000
  • District: 06
  • Parcel: 0637.02-68-7016 0095000
  • Municipality: HOLLY SPRINGS
  • Latitude: 35.6127
  • Longitude: -78.8768

    Address

  • Full Address: 6515 Rex Rd
  • Address - House Number: 6515
  • Address - Street Name: Rex
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Holly Springs
  • Carrier Code: R074
  • 4-Digit Zip Code: 8809
  • Zip Code: 27540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,594
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 92
  • Final Value: 338,218
  • High Value: 368,666
  • Low Value: 307,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: LUMBEE GUARANTY BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2017
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $201,876
  • Market Land Value: $147,816
  • Market Improvement Value: $54,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,876
  • Assessed Land Value: $147,816
  • Assessed Improvements Value: $54,060

    Sales

  • Current Sale Contract Date: Mar 17, 2017
  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Transaction ID: 1807229943
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 27, 1998
  • Previous Sale Contract Date: Oct 23, 1998
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUMBEE GUARANTY BANK
  • First Mortgage Transaction Date: Mar 17, 2017
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Wake



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Frequently Asked Questions

What neighborhood is 6515 Rex Road located in?
The 6515 Rex Road is a located in the neighborhood of Wake in Wake, Holly Springs.
What is the average sales price for listings in 6515 Rex Road?
The average sales price for units in 6515 Rex Road is $0 currently.

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