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501 East Wake Street

501 East Wake Street, Dunn, NC 28334
Property in Harnett
Sold May 19, 2017
$95,000
$95,454 by Towne Mortgage Of The Carolina
Mortgage Due Jun 01, 2047
Sold Jun 01, 2016
$35,000
$65,000 by Rehab Financial Group
Mortgage Due Jun 01, 2017
501 East Wake Street has been categorized by the local assessors in Dunn, NC as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 501 East Wake Street has 1,384 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,148 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. The property was last sold in May 19, 2017 for $95,000. That's $68.64 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2016 for $35,000. 501 East Wake Street was last assessed in 2023. The total value of the property was assessed at $94,747. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,265. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,384
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARRY W GODWIN
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT#3 LARRY W GODWIN 80X128(I)

Ownership

  • Current Owner : MCCORMICK JOSEPH ALAN
  • Current Owner 2: MCCORMICK LESLIE ANN
  • Previous Owner : BAXTER JOSEPH
  • Owner Before Previous Owner: FIRST CITIZENS BANK & TRUST

Neighborhood

  • School District Name: Harnett County Schools
  • School Tax School District: FR22
  • School Tax District Code 2: SC20
  • Census Tract: 070200

Zoning

  • Zoning: R7

Geography

  • Account Number: 1500023237
  • Parcel: 02151720100004
  • Lot: 3
  • Municipality: DUNN
  • Latitude: 35.3139
  • Longitude: -78.5984

    Address

  • Full Address: 501 E Wake St
  • Address - House Number: 501
  • Street Direction: E
  • Address - Street Name: Wake
  • Address - Suffix Type: St
  • State: NC
  • City Name: Dunn
  • Carrier Code: C001
  • 4-Digit Zip Code: 2547
  • Zip Code: 28334

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,265
  • Tax Rate Code Area: SW FR22 SC

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 179,313
  • High Value: 215,523
  • Low Value: 143,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,454
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: May 19, 2017
  • First Open Lien Mortgage Loan Amount: $95,454
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $94,747
  • Market Land Value: $11,290
  • Market Improvement Value: $83,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,747

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: May 19, 2017
  • Current Sale Transaction ID: 1587937309
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017007227
  • Previous Sale Recording Date: Jun 01, 2016
  • Previous Sale Contract Date: May 31, 2016
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: May 19, 2017
  • First Mortgage Loan Amount: $95,454
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: REHAB FINANCIAL GROUP
  • Previous Mortgage Transaction Date: Jun 01, 2016
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Due Date: Jun 01, 2017

About Dunn



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Frequently Asked Questions

What neighborhood is 501 East Wake Street located in?
The 501 East Wake Street is a located in the neighborhood of Harnett in Dunn, Dunn.
What is the average sales price for listings in 501 East Wake Street?
The average sales price for units in 501 East Wake Street is $0 currently.

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