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7720 Matherly Drive

7720 Matherly Drive, Wake Forest, NC 27587
House in Dun Loring
Sold Dec 20, 2019
$327,000
$288,600 by Prosperity Home Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Mar 31, 2006
$300,000
$239,900 by Bank Of America Na
Mortgage Due Apr 01, 2036
7720 Matherly Drive in Wake Forest, NC was first built in 1995 and is 29 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 2 full bathrooms. There are 3 partial bathrooms. 7720 Matherly Drive has 2,505 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 41,818 square feet.

Learn more about the property and building on this page. The home has a gable style roof. For those who need parking, there is a garage. The garage is 528 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. 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. The property was last sold in Dec 20, 2019 for $327,000. That's $130.54 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2006 for $300,000. 7720 Matherly Drive was last assessed in 2022. The total value of the property was assessed at $342,108. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $272,108. 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 $2,491. 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! 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: 1995
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 2,505
  • Building Area: 2,505
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,505
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUN LORING SUB
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO7 DUN LORING SUB BM1994-01067

Ownership

  • Current Owner : TIMBERLAKE NATHAN EDWARD
  • Current Owner 2: TIMBERLAKE KELLY MARIE
  • Previous Owner : SULLIVAN MARY JO
  • Previous Owner 2: SULLIVAN JOSEPH
  • Owner Before Previous Owner: MORGAN DAVID C
  • Owner Before Previous Owner 2: MORGAN SUZANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054203

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0207518
  • District: 19
  • Parcel: 1832.04-50-2866 0207518
  • Lot: 7
  • Municipality: WAKE FOREST
  • Latitude: 36.0046
  • Longitude: -78.5433

    Address

  • Full Address: 7720 Matherly Dr
  • Address - House Number: 7720
  • Address - Street Name: Matherly
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R012
  • 4-Digit Zip Code: 9008
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,491

    Appraisal Valuation

  • Standard Deviation: 0.1308
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 561,611
  • High Value: 635,072
  • Low Value: 488,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,600
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $288,600
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $342,108
  • Market Land Value: $70,000
  • Market Improvement Value: $272,108

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $342,108
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $272,108

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Transaction ID: 11713469062
  • Current Sale Price: $327,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Contract Date: Mar 30, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 20, 2019
  • First Mortgage Loan Amount: $281,424
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 31, 2006
  • Previous Mortgage Loan Amount: $239,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Dun Loring



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Frequently Asked Questions

What neighborhood is 7720 Matherly Drive located in?
The 7720 Matherly Drive is a house located in the neighborhood of Dun Loring in Dun Loring, Wake Forest.
What is the average sales price for listings in 7720 Matherly Drive?
The average sales price for units in 7720 Matherly Drive is $0 currently.

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