Check Availability

828 Traditions Ridge Drive

828 Traditions Ridge Drive, Wake Forest, NC 27587
House in Wake
Sold Mar 15, 2022
$1,050
$375,000 by Cornerstone Home Lending Inc
Mortgage Due Apr 01, 2052
Sold May 25, 2017
$336,500
828 Traditions Ridge Drive has been categorized by the local assessors in Wake Forest, NC as a residential type of property. The building on the property was first built in 2017 and is 7 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 828 Traditions Ridge Drive has 2,341 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 828 Traditions Ridge Drive sold most recently in Mar 10, 2022 for a total of $1,050. If you work out the math, that's approximately a cost of $0.45 per sqft. Before that, the property was also sold for $336,500 in May 25, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,724 in taxes each year. 828 Traditions Ridge Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $332,364. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $257,364. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,341
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRADITIONS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO353 TRADITIONS PH2A SE2 BM2016-00833

Ownership

  • Current Owner : LEONE JOHN
  • Current Owner 2: LEONE KENNIA
  • Previous Owner : NOVACK LAURENCE J
  • Previous Owner 2: NOVACK PATRICIA
  • Owner Before Previous Owner: MI HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: GR10

Geography

  • Assessors Map Reference: BK 2016 PG 833
  • Account Number: 0437659
  • District: 19
  • Section: 2
  • Subdivision Phase Number: 2A
  • Parcel: 1841.16-93-7348 0437659
  • Lot: 353
  • Municipality: WAKE FOREST
  • Latitude: 35.9838
  • Longitude: -78.4939

    Address

  • Full Address: 828 Traditions Ridge Dr
  • Address - House Number: 828
  • Address - Street Name: Traditions Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R041
  • 4-Digit Zip Code: 9524
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,724

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 547,875
  • High Value: 619,527
  • Low Value: 476,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $332,364
  • Market Land Value: $75,000
  • Market Improvement Value: $257,364

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $332,364
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $257,364

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Transaction ID: 11882690616
  • Current Sale Price: $1,050
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 25, 2017
  • Previous Sale Amount: $336,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Mar 15, 2022
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Apr 01, 2052

About Wake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 656 Cormiche Lane, Wake Forest, NC, 27587

$2,795 /mo

  • 5 Beds
  • 3 Baths
  • 2,750 ft²
656 Cormiche Lane, Wake Forest, NC, 27587 Listing by Philo Matthews

Frequently Asked Questions

What neighborhood is 828 Traditions Ridge Drive located in?
The 828 Traditions Ridge Drive is a house located in the neighborhood of Wake in Wake, Wake Forest.
What is the average sales price for listings in 828 Traditions Ridge Drive?
The average sales price for units in 828 Traditions Ridge Drive is $0 currently.

Quantcast