Owner
$983,939
2017 WEAVER FOREST WAY, MORRISVILLE, NC
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
2
sq. ft.
4,098
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Living Area
Garage
1.5 Stories
No Basement
Forced Air Unit
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2007
Building Size
4,098 sq ft
Lot Size
14,375 sq ft
Lot Size (Acres)
0.33 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
0746.02-57-3139-000
County
Wake County, North Carolina
Metro Area
Raleigh-Cary, NC
Zoning
MDR
Neighborhood/Subdivision
PROVIDENCE PLACE PH2
Lot Number
121
School District
Wake County Schools
Legal Description
LO121 PROVIDENCE PLACE PH2 BM2006-02269
Tax & Value Information
Market Value (Total)
$949,631
Building Value
$749,631
Land Value
$200,000
Annual Property Tax
$8,270
Tax Assessment Year
2024
Assessed Value
$949,631
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
6/9/2009
Recording Date
6/11/2009
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$38,073
Return on Investment
15.60%
After Repair Value
$1,082,333
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$885,545
Renovation Cost
$49,197
Closing Costs (buying)
$17,711
Holding Costs
$26,867
Selling Costs
$64,940
Total Investment
$244,017
After Repair Value (ARV)
$1,082,333
Total Costs
$1,044,260
Estimated Profit
$38,073
Cash Invested
$226,306
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area