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7262 Old Bunch Road

7262 Old Bunch Road, Wendell, NC 27591
Property in Wake
Sold Aug 20, 2015
$250,000
$75,000 by First Citizens Bank & Trust Co
Mortgage Due May 08, 2048
Sold Mar 27, 2008
$191,000
Local assessors in Wendell, NC have categorized 7262 Old Bunch Road as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 202,118 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 7262 Old Bunch Road has a total of 3,395 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 garage for those who need a place to park their vehicle. The garage on the property is 676 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 brick control joints. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 19, 2015 for $250,000. That's $73.64 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2008 for $191,000. 7262 Old Bunch Road was last assessed in 2023. The total value of the property was assessed at $527,569. Specifically, the land the property is located on was valued at $86,960. While improvements on the property were assessed at a total of $440,609. 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 $3,718. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

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: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 676
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 202,118
  • Total Building Area: 3,395
  • Building Area: 3,395
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 CLIFFORD NORBERT SOMMER & TINA BURROUGHS SOMMER BM2018-00082

Ownership

  • Current Owner : LINDLEY TINA BURROUGHS
  • Current Owner 2: SOMMER CLIFFORD NORBERT
  • Previous Owner : BURROUGHS WILLIAM H
  • Previous Owner 2: BURROUGHS EMMA JOYCE VAUGHAN
  • Owner Before Previous Owner: LINDLEY TINA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054403

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0303717
  • District: 10
  • Parcel: 1785.01-27-0478 0303717
  • Lot: 1
  • Municipality: MARKS CREEK
  • Latitude: 35.8297
  • Longitude: -78.3859

    Address

  • Full Address: 7262 Old Bunch Rd
  • Address - House Number: 7262
  • Address - Street Name: Old Bunch
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wendell
  • Carrier Code: R012
  • 4-Digit Zip Code: 8200
  • Zip Code: 27591

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,718

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 85
  • Final Value: 634,805
  • High Value: 717,769
  • Low Value: 551,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 08, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 08, 2048

    Market Valuation

  • Market Total Value: $527,569
  • Market Land Value: $86,960
  • Market Improvement Value: $440,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,569
  • Assessed Land Value: $86,960
  • Assessed Improvements Value: $440,609

    Sales

  • Current Sale Contract Date: Aug 19, 2015
  • Current Sale Recording Date: Aug 20, 2015
  • Current Sale Transaction ID: 1442807981
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 25, 2008
  • Previous Sale Amount: $191,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 7262 Old Bunch Road located in?
The 7262 Old Bunch Road is a located in the neighborhood of Wake in Wake, Wendell.
What is the average sales price for listings in 7262 Old Bunch Road?
The average sales price for units in 7262 Old Bunch Road is $0 currently.

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