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714 Sutter Gate Lane

714 Sutter Gate Lane, Morrisville, NC 27560
Property in Breckenridge
Sold May 24, 2021
$287,000
$229,600 by Home Point Financial Corporati
Mortgage Due Jun 01, 2051
Sold May 27, 2010
$169,000
$166,754 by Wr Starkey Mortgage Llp
Mortgage Due Jun 01, 2040
714 Sutter Gate Lane has been categorized by the local assessors in Morrisville, NC as a residential type of property. The building on the property was first built in 2003 and is 21 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 714 Sutter Gate Lane has 2,079 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 539 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,614 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 714 Sutter Gate Lane sold most recently in May 24, 2021 for a total of $287,000. If you work out the math, that's approximately a cost of $138.05 per sqft. Before that, the property was also sold for $169,000 in May 25, 2010. 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 $2,512 in taxes each year. 714 Sutter Gate Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,628. If we break it down further, the land itself was valued at $68,000. Improvements to the property, however, were assessed at a total of $167,628. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 539
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,079
  • Building Area: 2,079
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,079
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE BRCKNRDG
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO37 LAKE @ BRCKNRDG PH2 BLF BM2002-00153

Ownership

  • Current Owner : MALLA SHIRAK ASHRITI
  • Current Owner 2: SHRESTHA ISHAN
  • Previous Owner : SHARMA MANOJ
  • Previous Owner 2: PANDEN NIRJALA
  • Owner Before Previous Owner: WICKLINE TERRANCE RYAN
  • Owner Before Previous Owner 2: WICKLINE JENNIFER

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053620

Zoning

  • Zoning: HDR

Geography

  • Account Number: 0301247
  • District: 05
  • Subdivision Phase Number: 2
  • Parcel: 0736.04-80-0918 0301247
  • Lot: 37
  • Municipality: CEDAR FORK
  • Latitude: 35.8409
  • Longitude: -78.8716

    Address

  • Full Address: 714 Sutter Gate Ln
  • Address - House Number: 714
  • Address - Street Name: Sutter Gate
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R002
  • 4-Digit Zip Code: 7263
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,512

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 84
  • Final Value: 415,639
  • High Value: 471,523
  • Low Value: 359,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,600
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $229,600
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $235,628
  • Market Land Value: $68,000
  • Market Improvement Value: $167,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,628
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $167,628

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11843597771
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: May 25, 2010
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $229,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: May 27, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $166,754
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2040

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Frequently Asked Questions

What neighborhood is 714 Sutter Gate Lane located in?
The 714 Sutter Gate Lane is a located in the neighborhood of Breckenridge in Breckenridge, Morrisville.
What is the average sales price for listings in 714 Sutter Gate Lane?
The average sales price for units in 714 Sutter Gate Lane is $0 currently.

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