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120 Brookbank Hill Place

120 Brookbank Hill Place, Cary, NC 27519
House in Cary Park
Sold Jul 16, 2020
$605,000
$484,000 by Provident Funding Associates L
Mortgage Due Aug 01, 2050
Sold Apr 22, 2005
$418,500
$280,000 by Equity Services Inc
Mortgage Due May 01, 2035
120 Brookbank Hill Place has been categorized by the local assessors in Cary, NC as a residential type of property. The building on the property was first built in 2005 and is 19 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, 120 Brookbank Hill Place has 4,530 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 504 sqft. 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 and being fueled with gas. 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, 120 Brookbank Hill Place sold most recently in Jul 16, 2020 for a total of $605,000. If you work out the math, that's approximately a cost of $133.55 per sqft. Before that, the property was also sold for $418,500 in Apr 22, 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 $5,933 in taxes each year. 120 Brookbank Hill Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $613,068. If we break it down further, the land itself was valued at $116,000. Improvements to the property, however, were assessed at a total of $497,068. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 4,530
  • Building Area: 4,530
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARY PARK SF
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO615 CARY PARK SF-9A PH2&3 BM2003-01742

Ownership

  • Current Owner : LU LIN
  • Previous Owner : LAI FANG MING
  • Previous Owner 2: LAI QIN
  • Owner Before Previous Owner: PARKER & ORLEANS HOMEBUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053410

Zoning

  • Zoning: R8P

Geography

  • Account Number: 0313412
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0725.04-51-3486 0313412
  • Lot: 615
  • Municipality: WHITE OAK
  • Latitude: 35.8147
  • Longitude: -78.9144

    Address

  • Full Address: 120 Brookbank Hill Pl
  • Address - House Number: 120
  • Address - Street Name: Brookbank Hill
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Cary
  • Carrier Code: R062
  • 4-Digit Zip Code: 8392
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,933

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 985,904
  • High Value: 1,112,408
  • Low Value: 859,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Jul 16, 2020
  • First Open Lien Mortgage Loan Amount: $484,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $613,068
  • Market Land Value: $116,000
  • Market Improvement Value: $497,068

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $613,068
  • Assessed Land Value: $116,000
  • Assessed Improvements Value: $497,068

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Transaction ID: 11775856816
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Contract Date: Apr 22, 2005
  • Previous Sale Amount: $418,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Jul 16, 2020
  • First Mortgage Loan Amount: $484,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY SERVICES INC
  • Previous Mortgage Transaction Date: Apr 22, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $280,000
  • 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: May 01, 2035

About Cary Park



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Frequently Asked Questions

What neighborhood is 120 Brookbank Hill Place located in?
The 120 Brookbank Hill Place is a house located in the neighborhood of Cary Park in Cary Park, Cary.
What is the average sales price for listings in 120 Brookbank Hill Place?
The average sales price for units in 120 Brookbank Hill Place is $0 currently.

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