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700 Walters Drive

700 Walters Drive, Wake Forest, NC 27587
Property in Heritage North
Sold Oct 29, 2021
$810,000
$567,000 by Bank Of America Na
Mortgage Due Nov 01, 2051
Sold Aug 05, 2016
$450,000
$292,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2046
Local assessors in Wake Forest, NC have categorized 700 Walters Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 14,375 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 700 Walters Drive has a total of 3,704 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 636 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, 700 Walters Drive sold most recently in Oct 29, 2021 for a total of $810,000. If you work out the math, that's approximately a cost of $218.68 per sqft. Before that, the property was also sold for $450,000 in Jul 28, 2016. 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 $5,753 in taxes each year. 700 Walters Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $514,378. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $429,378. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 636
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 3,704
  • Building Area: 3,704
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE NORTH
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2101 HERITAGE NORTH PH1 SE8 BM2007-00518

Ownership

  • Current Owner : RUBIN MICHAEL JONAH
  • Current Owner 2: RUBIN BECKY SUZZANNE
  • Previous Owner : GARRITY MARK T
  • Previous Owner 2: GARRITY AMY
  • Owner Before Previous Owner: INGLING RICHARD T
  • Owner Before Previous Owner 2: INGLING CHERYL JANE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054208

Zoning

  • Zoning: GR5

Geography

  • Assessors Map Reference: BK 2007 PG 518
  • Account Number: 0356076
  • District: 19
  • Section: 8
  • Subdivision Phase Number: 1
  • Parcel: 1850.03-14-0925 0356076
  • Lot: 2101
  • Municipality: WAKE FOREST
  • Latitude: 35.9607
  • Longitude: -78.4897

    Address

  • Full Address: 700 Walters Dr
  • Address - House Number: 700
  • Address - Street Name: Walters
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R028
  • 4-Digit Zip Code: 6187
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,753

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 809,221
  • High Value: 909,386
  • Low Value: 709,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $567,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $567,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $514,378
  • Market Land Value: $85,000
  • Market Improvement Value: $429,378

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $514,378
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $429,378

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11864756934
  • Current Sale Price: $810,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Contract Date: Jul 28, 2016
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $567,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 05, 2016
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Heritage North



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Frequently Asked Questions

What neighborhood is 700 Walters Drive located in?
The 700 Walters Drive is a located in the neighborhood of Heritage North in Heritage North, Wake Forest.
What is the average sales price for listings in 700 Walters Drive?
The average sales price for units in 700 Walters Drive is $0 currently.

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