Check Availability

1405 Lowenstein Street

1405 Lowenstein Street, Wake Forest, NC 27587
Property in Franklin
Sold Jul 31, 2019
$260,000
$255,290 by Alcova Mortgage Llc
Mortgage Due Aug 01, 2049
Sold May 27, 2016
$220,000
$216,015 by Primary Residential Mortgage I
Mortgage Due Jun 01, 2046
Local assessors in Wake Forest, NC have categorized 1405 Lowenstein Street as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 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 1405 Lowenstein Street has a total of 736 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 736 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 unknown for those who need a place to park their vehicle. The garage on the property is 420 sqft. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. 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, 1405 Lowenstein Street was last sold in Jul 29, 2019 for $260,000. According to our calculations, that's $353.26 per sqft. Prior to that sales transaction, the property was sold for $220,000 in May 26, 2016. Current property owners are expected to pay $2,926 in taxes per year. The property on 1405 Lowenstein Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $218,270. To break that down further, the land itself was valued at $42,000. While improvements to the property were assessed at a total of $176,270. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 736
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 736
  • Building Area: 736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 736
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICHLAND HILLS LOT
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SALEEB SAMEH
  • Current Owner 2: KHALIL HANAN
  • Previous Owner : HINAHON EMIL
  • Previous Owner 2: HINAHON MURIEL
  • Owner Before Previous Owner: DAN RYAN BUILDERS NORTH CAROLINA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060501

Zoning

  • Zoning: R 30

Geography

  • District: 103
  • Parcel: 042463
  • Lot: 321
  • Municipality: YOUNGSVILLE
  • Latitude: 36.0121
  • Longitude: -78.5034

    Address

  • Full Address: 1405 Lowenstein St
  • Address - House Number: 1405
  • Address - Street Name: Lowenstein
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R021
  • 4-Digit Zip Code: 8002
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,926
  • Tax Rate Code Area: WKFS

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 77
  • Final Value: 400,783
  • High Value: 470,071
  • Low Value: 331,495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 31, 2019
  • First Open Lien Mortgage Loan Amount: $255,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $218,270
  • Market Land Value: $42,000
  • Market Improvement Value: $176,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,270
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $176,270

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11635430475
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: May 26, 2016
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $255,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: May 27, 2016
  • Previous Mortgage Loan Amount: $216,015
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046

About Wake Forest



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 336 Natsam Woods Way, Wake Forest, NC, 27587

$2,650 /mo

  • 4 Beds
  • 3 Baths
  • 2,600 ft²
336 Natsam Woods Way, Wake Forest, NC, 27587 Listing by Aparna Ahuja

Frequently Asked Questions

What neighborhood is 1405 Lowenstein Street located in?
The 1405 Lowenstein Street is a located in the neighborhood of Franklin in Wake Forest, Wake Forest.
What is the average sales price for listings in 1405 Lowenstein Street?
The average sales price for units in 1405 Lowenstein Street is $0 currently.

Quantcast