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2520 Laurelford Lane

2520 Laurelford Lane, Wake Forest, NC 27587
Sold Mar 30, 2020
$620,000
$510,400 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2050
Sold Sep 22, 2016
$597,000
$417,000 by Homeside Financial Llc
Mortgage Due Oct 01, 2046
2520 Laurelford Lane 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 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2019. 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, 2520 Laurelford Lane has 4,643 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 102,802 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 528 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof. 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 wood. 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. 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, 2520 Laurelford Lane sold most recently in Mar 26, 2020 for a total of $620,000. If you work out the math, that's approximately a cost of $133.53 per sqft. Before that, the property was also sold for $597,000 in Sep 22, 2016. 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 $4,459 in taxes each year. 2520 Laurelford Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $614,666. If we break it down further, the land itself was valued at $99,000. Improvements to the property, however, were assessed at a total of $515,666. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 102,802
  • Total Building Area: 4,643
  • Building Area: 4,643
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,643
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WATERFALL PLANTATION
  • Land Acres: 2.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO8 WATERFALL PLANTATION PH3 BM1997-436

Ownership

  • Current Owner : SAMMON JOHN PATRICK
  • Current Owner 2: SAADE NANCY JAMIL
  • Previous Owner : GARLAND CHARLES DOUGLAS
  • Previous Owner 2: GARLAND MILDRED KIRTS
  • Owner Before Previous Owner: MULLANEY KEVIN L
  • Owner Before Previous Owner 2: MULLANEY KATHARINE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054203

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0232532
  • District: 19
  • Subdivision Phase Number: 3
  • Parcel: 1831.03-03-3770 0232532
  • Lot: 8
  • Municipality: WAKE FOREST
  • Latitude: 35.9849
  • Longitude: -78.5595

    Address

  • Full Address: 2520 Laurelford Ln
  • Address - House Number: 2520
  • Address - Street Name: Laurelford
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R039
  • 4-Digit Zip Code: 4963
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,459

    Appraisal Valuation

  • Standard Deviation: 0.115
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 87
  • Final Value: 957,870
  • High Value: 1,068,055
  • Low Value: 847,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 30, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $614,666
  • Market Land Value: $99,000
  • Market Improvement Value: $515,666

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $614,666
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $515,666

    Sales

  • Current Sale Contract Date: Mar 26, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Transaction ID: 11759886177
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 22, 2016
  • Previous Sale Amount: $597,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 30, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMESIDE FINANCIAL LLC
  • Previous Mortgage Transaction Date: Sep 22, 2016
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Waterfall Plantation



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Frequently Asked Questions

What neighborhood is 2520 Laurelford Lane located in?
The 2520 Laurelford Lane is a house located in the neighborhood of Waterfall Plantation in Waterfall Plantation, Wake Forest.
What is the average sales price for listings in 2520 Laurelford Lane?
The average sales price for units in 2520 Laurelford Lane is $0 currently.

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