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8600 Wapello Lane

8600 Wapello Lane, Raleigh, NC 27613
House in Grayson
Sold Sep 28, 2020
$500,000
$400,000 by Mortgage Assurance Inc
Mortgage Due Oct 01, 2050
Sold Dec 20, 2006
$475,000
$380,000 by Equity Services Inc
Mortgage Due Jan 01, 2037
8600 Wapello Lane in Raleigh, NC was first built in 2003 and is 21 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. 8600 Wapello Lane has 3,313 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 11,761 square feet.

Learn more about the property and building on this page. The home has a hip style roof. 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 396 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. 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 and being fueled with gas. 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 Sep 28, 2020 for $500,000. That's $150.92 per sqft. Prior to that sales transaction, the property was also sold in Dec 13, 2006 for $475,000. 8600 Wapello Lane was last assessed in 2022. The total value of the property was assessed at $520,850. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $430,850. 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 $5,294. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,313
  • Building Area: 3,313
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,313
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREYSON SUB
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO30 GREYSON SUB PH2 BM2001-1835

Ownership

  • Current Owner : CHUANG CHING YI
  • Current Owner 2: PAYNE JEFFERY A
  • Previous Owner : HOUSTON JOSHUA L
  • Previous Owner 2: HOUSTON KARLA
  • Owner Before Previous Owner: PACE JOHN ALEXANDER
  • Owner Before Previous Owner 2: PACE LISA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053711

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0296371
  • District: 08
  • Subdivision Phase Number: 2
  • Parcel: 0788.20-72-9473 0296371
  • Lot: 30
  • Municipality: LEESVILLE
  • Latitude: 35.8994
  • Longitude: -78.703

    Address

  • Full Address: 8600 Wapello Ln
  • Address - House Number: 8600
  • Address - Street Name: Wapello
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R051
  • 4-Digit Zip Code: 1268
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,294

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 504,093
  • High Value: 538,726
  • Low Value: 469,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: MORTGAGE ASSURANCE INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $520,850
  • Market Land Value: $90,000
  • Market Improvement Value: $430,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,850
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $430,850

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11809491411
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 20, 2006
  • Previous Sale Contract Date: Dec 13, 2006
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ASSURANCE INC
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY SERVICES INC
  • Previous Mortgage Transaction Date: Dec 20, 2006
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2037

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Frequently Asked Questions

What neighborhood is 8600 Wapello Lane located in?
The 8600 Wapello Lane is a house located in the neighborhood of Grayson in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 8600 Wapello Lane?
The average sales price for units in 8600 Wapello Lane is $510,000 currently.

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