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980 Gateway Commons Circle

980 Gateway Commons Circle, Wake Forest, NC 27587
Townhouse in Wake
980 Gateway Commons Circle 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 2020 and is 4 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 980 Gateway Commons Circle has 2,199 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 591 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 980 Gateway Commons Circle was last sold in Jan 22, 2021 for $312,500. According to our calculations, that's $142.11 per sqft. Current property owners are expected to pay $3,054 in taxes per year. The property on 980 Gateway Commons Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $272,207. To break that down further, the land itself was valued at $36,000. While improvements to the property were assessed at a total of $236,207. 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. 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.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

Condition

New Construction

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200716
07/16/2020
3 Bed
4 Bath
2208 ft²
$315,526
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2208 ft²
$312,500 -0.96%
01/28/2021
Patrick McKee

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 591
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE TOWNES AT GATEWAY COMMONS
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO22 THE TOWNES AT GATEWAY COMMONS BM2019-01515

Ownership

  • Current Owner : IYER GIRI
  • Previous Owner : MCKEE HOMES LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054208

Zoning

  • Zoning: RMX

Geography

  • Account Number: 0469463
  • District: 19
  • Parcel: 1840.08-97-9852 0469463
  • Lot: 22
  • Municipality: WAKE FOREST
  • Latitude: 35.968
  • Longitude: -78.4952

    Address

  • Full Address: 980 Gateway Commons Cir
  • Address - House Number: 980
  • Address - Street Name: Gateway Commons
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R028
  • 4-Digit Zip Code: 6594
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,054

    Appraisal Valuation

  • Standard Deviation: 0.1312
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 455,673
  • High Value: 515,472
  • Low Value: 395,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,289
  • First Open Lien Mortgage Lender: GOPRIME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Loan Amount: $234,289
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $272,207
  • Market Land Value: $36,000
  • Market Improvement Value: $236,207

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $272,207
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $236,207

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11832643901
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOPRIME MORTGAGE INC
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $234,289
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Wake Forest



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Frequently Asked Questions

What neighborhood is 980 Gateway Commons Circle located in?
The 980 Gateway Commons Circle is a townhouse located in the neighborhood of Wake in Wake Forest, Wake Forest.
What is the average sales price for listings in 980 Gateway Commons Circle?
The average sales price for units in 980 Gateway Commons Circle is $312,385 , or $141/sqft. currently.

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