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7428 Wexford Woods Lane

7428 Wexford Woods Lane, Wake Forest, NC 27587
Property in Wake
Sold May 05, 2021
$813,500
$650,740 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
Sold Jan 28, 2020
$560,000
$525,000 by North State Bank
Mortgage Due Feb 15, 2021
7428 Wexford Woods Lane in Wake Forest, NC was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7428 Wexford Woods Lane has 3,948 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 30,056 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. 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. 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. 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. 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, 7428 Wexford Woods Lane sold most recently in May 4, 2021 for a total of $813,500. If you work out the math, that's approximately a cost of $206.05 per sqft. Before that, the property was also sold for $560,000 in Jan 28, 2020. 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 $5,912 in taxes each year. 7428 Wexford Woods Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $815,888. If we break it down further, the land itself was valued at $140,000. Improvements to the property, however, were assessed at a total of $675,888. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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 Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 3,948
  • Building Area: 3,948
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEXFORD RESERVE SUBDIVISION
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO13 WEXFORD RESERVE PH1 BM2019-00914

Ownership

  • Current Owner : WILSON JERRY L
  • Current Owner 2: WILSON KRISTAL L
  • Previous Owner : GRANDE MANOR HOMES LLC
  • Owner Before Previous Owner: WATERSTONE PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 000005

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0467499
  • District: 19
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 1
  • Parcel: 1831.01-38-8984 0467499
  • Lot: 13
  • Municipality: WAKE FOREST
  • Latitude: 35.9993
  • Longitude: -78.5474

    Address

  • Full Address: 7428 Wexford Woods Ln
  • Address - House Number: 7428
  • Address - Street Name: Wexford Woods
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R012
  • 4-Digit Zip Code: 8775
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,912

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 1,092,294
  • High Value: 1,240,828
  • Low Value: 943,761

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $725,740
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $650,740
  • 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
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Oct 18, 2021
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $815,888
  • Market Land Value: $140,000
  • Market Improvement Value: $675,888

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $815,888
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $675,888

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11843663824
  • Current Sale Price: $813,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $650,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Jan 28, 2020
  • Previous Mortgage Loan Amount: $525,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Feb 15, 2021

About Wake



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Nearby Rentals

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$2,360 /mo

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Frequently Asked Questions

What neighborhood is 7428 Wexford Woods Lane located in?
The 7428 Wexford Woods Lane is a located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 7428 Wexford Woods Lane?
The average sales price for units in 7428 Wexford Woods Lane is $800,000 , or $202/sqft. currently.

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