Cumberland County
Building Summary

Data last updated on: 4/22/2024     Ownership current as of: 4/10/2024     Tax Year: 2024
REID 9498492680000

PIN # 9498-49-2680

Location Address Property Description
7569 FARADAY PL LAGRANGE LO:11 SE:06 BL:G PL:0030-0020
   
Property Owner Owner's Mailing Address
BUNN, THOMAS D;FARADAY PLACE HOLDINGS LLC
4030 WAKE FOREST RD STE 349
RALEIGH NC 27609
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Building Location Address
7569 FARADAY PL
Card   of  1        Section   of  1
Building Details

Building Name FARADAY PLACE APARTMENTS
Primary Occupancy Type COMMERCIAL
Primary Occupancy APT-APARTMENT
Primary Class D-WOOD/LIGHT-STEEL
Primary Quality C
Year Built 1971
Effective Year 1971
Physical Depreciation (Rating) AVERAGE
Physical Depreciation (% Bad) 60.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 1725
Remodeled Year
Total Stories 1

Section Details

Occupancy Type COMMERCIAL


Air Conditioning N
3-FIX-BATHS 3
Class D-WOOD/LIGHT-STEEL
Depreciation 60%
Depreciation AVERAGE
Interior Finish APT-APARTMENT
Occupancy APT-APARTMENT
Quality C
Sprinkler N
Exterior Walls 11-BRK-VENEER/FRAME
Building Total & Improvement Details

Total Adjusted Replacement Cost New $143,828
Physical Depreciation (% Bad) AVERAGE 60.00
Depreciated Value $57,531
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $57,531
Market Area Factor 1.00
Building Value $57,531
Misc Improvements Value $2,280
Total Improvement Value $59,811

Assessed Land Value $15,000
   
Assessed Total Value $73,200


Addition Summary 
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
2571 SIZE ASPHALT PAVING 1983 65 1558
60 SIZE STOOP 1983 65 250
428 SIZE CONCRETE PATIO 1983 65 472
 


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