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982 Gateway Commons Circle

982 Gateway Commons Circle, Wake Forest, NC 27587
Townhouse in Wake
982 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, 982 Gateway Commons Circle has 2,424 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 734 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 1,742 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. 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, 982 Gateway Commons Circle sold most recently in Dec 7, 2020 for a total of $340,000. If you work out the math, that's approximately a cost of $140.26 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,350 in taxes each year. 982 Gateway Commons Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $298,783. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $262,783. 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

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
20200720
07/20/2020
4 Bed
4 Bath
2420 ft²
$351,075
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2420 ft²
$340,000 -3.15%
12/21/2020
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: 734
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,424
  • Building Area: 2,424
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE TOWNES AT GATEWAY COMMONS
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO21 THE TOWNES AT GATEWAY COMMONS BM2019-01515

Ownership

  • Current Owner : GUERIN RICHARD
  • Previous Owner : MCKEE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RMX

Geography

  • Account Number: 0469462
  • District: 19
  • Parcel: 1840.08-97-9871 0469462
  • Lot: 21
  • Municipality: WAKE FOREST
  • Latitude: 35.968
  • Longitude: -78.4952

    Address

  • Full Address: 982 Gateway Commons Cir
  • Address - House Number: 982
  • 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: $3,350

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 509,170
  • High Value: 572,195
  • Low Value: 446,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,934
  • First Open Lien Mortgage Lender: VISION LENDING SERVICES LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $339,934
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $298,783
  • Market Land Value: $36,000
  • Market Improvement Value: $262,783

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $298,783
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $262,783

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11827325507
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VISION LENDING SERVICES LLC
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $339,934
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Wake Forest



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Frequently Asked Questions

What neighborhood is 982 Gateway Commons Circle located in?
The 982 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 982 Gateway Commons Circle?
The average sales price for units in 982 Gateway Commons Circle is $339,934 , or $140/sqft. currently.

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