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704 Chesapeake Lane

704 Chesapeake Lane, Cary, NC 27511
Sold Sep 30, 2019
$382,500
$363,375 by Suntrust Bank
Mortgage Due Oct 01, 2049
Sold Aug 08, 2018
$195,000
704 Chesapeake Lane in Cary, NC was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 704 Chesapeake Lane has 1,248 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. The home has a hip style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 364 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 25, 2019 for $382,500. That's $306.49 per sqft. Prior to that sales transaction, the property was also sold in Jul 23, 2018 for $195,000. 704 Chesapeake Lane was last assessed in 2022. The total value of the property was assessed at $312,676. Specifically, the land the property is located on was valued at $135,000. While improvements on the property were assessed at a total of $177,676. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,036. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2009
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 364
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PIRATES COVE
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO22 & SMALL PT LT 23 PIRATES COVE SC2

Ownership

  • Current Owner : CLARK ELIZABETH MARION
  • Current Owner 2: GERSTL SCOTT
  • Previous Owner : WINTER NINA
  • Owner Before Previous Owner: BROCK & SCOTT PLLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053505

Zoning

  • Zoning: R12

Geography

  • Account Number: 0083153
  • District: 04
  • Parcel: 0773.13-04-1151 0083153
  • Lot: 22,23
  • Municipality: CARY
  • Latitude: 35.7669
  • Longitude: -78.7636

    Address

  • Full Address: 704 Chesapeake Ln
  • Address - House Number: 704
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: C028
  • 4-Digit Zip Code: 5810
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,036

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 508,282
  • High Value: 574,518
  • Low Value: 442,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,375
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2019
  • First Open Lien Mortgage Loan Amount: $363,375
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $312,676
  • Market Land Value: $135,000
  • Market Improvement Value: $177,676

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $312,676
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $177,676

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11660651969
  • Current Sale Price: $382,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 08, 2018
  • Previous Sale Contract Date: Jul 23, 2018
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $363,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Pirates Cove



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Frequently Asked Questions

What neighborhood is 704 Chesapeake Lane located in?
The 704 Chesapeake Lane is a house located in the neighborhood of Pirates Cove in Pirates Cove, Cary.
What is the average sales price for listings in 704 Chesapeake Lane?
The average sales price for units in 704 Chesapeake Lane is $0 currently.

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