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821 Lemongrass Lane

821 Lemongrass Lane, Wake Forest, NC 27587
Property in Wake
Sold Dec 10, 2014
$291,000
$202,000 by M/i Financial Llc
Mortgage Due Jan 01, 2045
821 Lemongrass Lane in Wake Forest, NC was first built in 2014 and is 10 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. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 821 Lemongrass Lane has 1,921 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 6,970 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. For those who need parking, there is a garage. The garage is 400 sqft. The exterior walls of the home are made of alum/vinyl siding. 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, 821 Lemongrass Lane was last sold in Dec 10, 2014 for $291,000. According to our calculations, that's $151.48 per sqft. Current property owners are expected to pay $3,572 in taxes per year. The property on 821 Lemongrass Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $318,702. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $248,702. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,921
  • Building Area: 1,921
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRADITIONS SOUTHWEST
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO56 TRADITIONS SOUTHWEST PH1 BM2012-01211

Ownership

  • Current Owner : SCHULTE HUBERT W
  • Current Owner 2: SCHULTE LINDA J
  • Previous Owner : MI HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054205

Zoning

  • Zoning: GR10

Geography

  • Account Number: 0413252
  • District: 19
  • Subdivision Phase Number: 1
  • Parcel: 1851.03-00-3795 0413252
  • Lot: 56
  • Municipality: WAKE FOREST
  • Latitude: 35.9766
  • Longitude: -78.4917

    Address

  • Full Address: 821 Lemongrass Ln
  • Address - House Number: 821
  • Address - Street Name: Lemongrass
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R041
  • 4-Digit Zip Code: 4786
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,572

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 502,926
  • High Value: 565,178
  • Low Value: 440,673

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $384,710
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2014
  • First Open Lien Mortgage Loan Amount: $202,000
  • 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, 2045
  • Second Open Lien Mortgage Lender: BNC NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 30, 2020
  • Second Open Lien Mortgage Loan Amount: $182,710
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $318,702
  • Market Land Value: $70,000
  • Market Improvement Value: $248,702

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $318,702
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $248,702

    Sales

  • Current Sale Contract Date: Dec 10, 2014
  • Current Sale Recording Date: Dec 10, 2014
  • Current Sale Transaction ID: 1130993374
  • Current Sale Price: $291,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M/I FINANCIAL LLC
  • First Mortgage Transaction Date: Dec 10, 2014
  • First Mortgage Loan Amount: $202,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

About Wake



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Frequently Asked Questions

What neighborhood is 821 Lemongrass Lane located in?
The 821 Lemongrass Lane is a located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 821 Lemongrass Lane?
The average sales price for units in 821 Lemongrass Lane is $0 currently.

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