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1316 Colonial Club Road

1316 Colonial Club Road, Wake Forest, NC 27587
House in Heritage
Sold Sep 24, 2019
$780,000
$616,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2049
Sold Jan 31, 2005
$722,000
$180,000 by Branch Banking And Trust Co
Mortgage Due Jan 01, 2035
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Local assessors in Wake Forest, NC have categorized 1316 Colonial Club Road as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 22,651 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1316 Colonial Club Road has a total of 4,580 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 554 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a gable style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1316 Colonial Club Road was last sold in Sep 20, 2019 for $780,000. According to our calculations, that's $170.31 per sqft. Prior to that sales transaction, the property was sold for $722,000 in Jan 3, 2005. Current property owners are expected to pay $8,650 in taxes per year. The property on 1316 Colonial Club Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $774,342. To break that down further, the land itself was valued at $112,500. While improvements to the property were assessed at a total of $661,842. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Parking

Carport Garage Parking
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: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 554
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 4,580
  • Building Area: 4,580
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HERITAGE W F
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO541 HERITAGE W/F PH3 SC9 BM2004-02119

Ownership

  • Current Owner : JONES TYSON GEORGE CHRISTOPER
  • Current Owner 2: JONES TYSON SUSAN
  • Previous Owner : BECKER MICHAEL
  • Previous Owner 2: BECKER LORRAINE
  • Owner Before Previous Owner: HOMES BY DICKERSON INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR5

Geography

  • Account Number: 0305346
  • District: 19
  • Subdivision Phase Number: 3
  • Parcel: 1850.03-01-4519 0305346
  • Lot: 541
  • Municipality: WAKE FOREST
  • Latitude: 35.9514
  • Longitude: -78.4917

    Address

  • Full Address: 1316 Colonial Club Rd
  • Address - House Number: 1316
  • Address - Street Name: Colonial Club
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R022
  • 4-Digit Zip Code: 4267
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,650

    Appraisal Valuation

  • Standard Deviation: 0.1169
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,190,957
  • High Value: 1,330,195
  • Low Value: 1,051,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $616,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 24, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $616,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $774,342
  • Market Land Value: $112,500
  • Market Improvement Value: $661,842

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $774,342
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $661,842

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 24, 2019
  • Current Sale Transaction ID: 11657031042
  • Current Sale Price: $780,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 31, 2005
  • Previous Sale Contract Date: Jan 03, 2005
  • Previous Sale Amount: $722,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 24, 2019
  • First Mortgage Loan Amount: $616,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Jan 31, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Heritage



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Nearby Rentals

Unit for rent at 1232 Stonemill Falls Drive, Wake Forest, NC, 27587

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Unit for rent at 336 Friendship Chapel Road, Wake Forest, NC, 27587

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Unit for rent at 949 Richland Ridge Drive, Wake Forest, NC, 27587

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Frequently Asked Questions

What neighborhood is 1316 Colonial Club Road located in?
The 1316 Colonial Club Road is a house located in the neighborhood of Heritage in Heritage, Wake Forest.
What is the average sales price for listings in 1316 Colonial Club Road?
The average sales price for units in 1316 Colonial Club Road is $775,000 , or $170/sqft. currently.

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