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8028 Ole Neuse Trail

8028 Ole Neuse Trail, Wake Forest, NC 27587
Sold Aug 18, 2022
$51,650
$294,566 by Encompass Lending Group Lp
Mortgage Due Nov 01, 2051
Sold Nov 01, 2021
$300,000
$294,566 by Encompass Lending Group Lp
Mortgage Due Nov 01, 2051
8028 Ole Neuse Trail in Wake Forest, NC was first built in 1983 and is 41 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 2 partial bathrooms. 8028 Ole Neuse Trail has 1,272 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 39,204 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 618 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8028 Ole Neuse Trail was last sold in Dec 13, 2021 for $51,650. According to our calculations, that's $40.61 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Nov 1, 2021. Current property owners are expected to pay $1,692 in taxes per year. The property on 8028 Ole Neuse Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $231,505. To break that down further, the land itself was valued at $78,400. While improvements to the property were assessed at a total of $153,105. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 618
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEUSE TRAIL ESTATES
  • Land Acres: 0.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO8 NEUSE TRAIL ESTATES

Ownership

  • Current Owner : DEPARTMENT OF TRANSPORTATION
  • Previous Owner : PORTALES JOSE J
  • Previous Owner 2: CONTRERAS ALMA
  • Owner Before Previous Owner: BRANDOLIN RCNATO J
  • Owner Before Previous Owner 2: BRANDOLIN SUSAN R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054209

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0093081
  • District: 19
  • Parcel: 1747.01-18-2835 0093081
  • Lot: 8
  • Municipality: WAKE FOREST
  • Latitude: 35.8892
  • Longitude: -78.5234

    Address

  • Full Address: 8028 Ole Neuse Trl
  • Address - House Number: 8028
  • Address - Street Name: Ole Neuse
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R018
  • 4-Digit Zip Code: 6733
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,692

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 76
  • Final Value: 318,350
  • High Value: 375,567
  • Low Value: 261,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: ENCOMPASS LENDING GROUP LP
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $294,566
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $231,505
  • Market Land Value: $78,400
  • Market Improvement Value: $153,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $231,505
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $153,105

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Transaction ID: 11894875157
  • Current Sale Price: $51,650
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 01, 2021
  • Previous Sale Contract Date: Nov 01, 2021
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ENCOMPASS LENDING GROUP LP
  • Previous Mortgage Transaction Date: Nov 01, 2021
  • Previous Mortgage Loan Amount: $294,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2051

About Neuse Trail Estates



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Frequently Asked Questions

What neighborhood is 8028 Ole Neuse Trail located in?
The 8028 Ole Neuse Trail is a house located in the neighborhood of Neuse Trail Estates in Neuse Trail Estates, Wake Forest.
What is the average sales price for listings in 8028 Ole Neuse Trail?
The average sales price for units in 8028 Ole Neuse Trail is $0 currently.

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