Building Summary

Data last updated on: 6/26/2024     Ownership current as of: 6/5/2024     Tax Year: 2024
REID 108522

 PIN # 0821-25-8904
Location Address Property Description
1700 CHAPEL HILL RD PROP-TRIANGLE COMMUNITIES /PRINCETON APARTMENT PT PL:000000-000000
   
Property Owner Owner's Mailing Address
WMI VICEROY LLC
4242 SIX FORK ROAD, STE 1550
RALEIGH NC 27609
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Building Location Address
1700 CHAPEL HILL RD
Card   of  2        Section   of  1
Building Details

Building Name APARTMENT GARDEN MASONRY
Primary Occupancy Type COMMERCIAL
Primary Occupancy 01M-APT-GARDEN-MASON
Primary Class H1M
Primary Quality C
Year Built 1967
Effective Year 1967
Physical Depreciation (Rating) CAW-CDU PERCENTAGE
Physical Depreciation (% Bad) 55.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 10710
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Class H1M
Exterior Walls N/A-EXT-WALL
Depreciation 55%
Depreciation CAW-CDU PERCENTAGE
Quality C
Occupancy 01M-APT-GARDEN-MASON
Heat 15-HEAT-&-AC-COM
Building Total & Improvement Details

Total Adjusted Replacement Cost New $1,020,960
Physical Depreciation (% Bad) CAW-CDU PERCENTAGE 55.00
Depreciated Value $459,432
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $459,432
Market Area Factor 1.85
Building Value $849,949
Misc Improvements Value $10,260
Total Improvement Value $860,209

Assessed Land Value $300,000
   
Assessed Total Value $2,010,158


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 54
1.00 Canopy Commercial 41 54
1.00 Apartment Finished CF01 3570
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
2 UNITS Parking Lot Light 1967 55 1350
10800 SIZE Asphalt Paving 1967 75 8910
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)




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