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565 Weatherspoon Lane

565 Weatherspoon Lane, Smithfield, NC 27577
Property in Lee Farms
Sold May 23, 2016
$126,000
$114,880 by Homeside Financial Llc
Mortgage Due Jun 01, 2048
Sold Feb 02, 2006
$111,000
$107,573 by Suntrust Mortgage Inc
Mortgage Due Feb 01, 2036
565 Weatherspoon Lane in Smithfield, NC was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 565 Weatherspoon Lane has 1,354 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 24,394 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 heat pump and being fueled with electricity. 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, 565 Weatherspoon Lane sold most recently in May 23, 2016 for a total of $126,000. If you work out the math, that's approximately a cost of $93.06 per sqft. Before that, the property was also sold for $111,000 in Dec 27, 2005. 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 $999 in taxes each year. 565 Weatherspoon Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,770. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $96,770. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 1,354
  • Gross Building Area: 1,374
  • Building Area: 1,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,354
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEE FARMS SUBDIVISION
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 77 LEE FARMS S2 62/481

Ownership

  • Current Owner : WATSON AKHIRA CHAUNTY
  • Previous Owner : MERCADO ISRAEL
  • Previous Owner 2: MERCADO CECILIA
  • Owner Before Previous Owner: ASHLEY TURNER BUILDING CO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 26
  • School Tax District Code 2: 17
  • Census Tract: 040904

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: BK: 62 PG: 481
  • Account Number: 2000192635
  • District: 17
  • Parcel: 17J08024O
  • Lot: 77
  • Municipality: WILSON S MILLS
  • Latitude: 35.5604
  • Longitude: -78.3692

    Address

  • Full Address: 565 Weatherspoon Ln
  • Address - House Number: 565
  • Address - Street Name: Weatherspoon
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Smithfield
  • Carrier Code: R006
  • 4-Digit Zip Code: 9660
  • Zip Code: 27577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $999
  • Tax Rate Code Area: C,FR26

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 70
  • Final Value: 261,184
  • High Value: 316,956
  • Low Value: 205,412

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $117,348
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 23, 2016
  • First Open Lien Mortgage Loan Amount: $114,880
  • First Open Lien Mortgage Term: 384
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Mar 29, 2021
  • Second Open Lien Mortgage Loan Amount: $2,468
  • Second Open Lien Mortgage Term: 302
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $129,770
  • Market Land Value: $33,000
  • Market Improvement Value: $96,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,770
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $96,770

    Sales

  • Current Sale Contract Date: May 23, 2016
  • Current Sale Recording Date: May 23, 2016
  • Current Sale Transaction ID: 11634169672
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016490121
  • Previous Sale Recording Date: Feb 02, 2006
  • Previous Sale Contract Date: Dec 27, 2005
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: May 23, 2016
  • First Mortgage Loan Amount: $114,880
  • First Mortgage Terms: 384
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 02, 2006
  • Previous Mortgage Loan Amount: $107,573
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About Lee Farms



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Frequently Asked Questions

What neighborhood is 565 Weatherspoon Lane located in?
The 565 Weatherspoon Lane is a located in the neighborhood of Lee Farms in Lee Farms, Smithfield.
What is the average sales price for listings in 565 Weatherspoon Lane?
The average sales price for units in 565 Weatherspoon Lane is $0 currently.

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