Cumberland County
Building Summary

Data last updated on: 4/24/2024     Ownership current as of: 4/10/2024     Tax Year: 2024
REID 0439741653000

PIN # 0439-74-1653

Location Address Property Description
302 LAW RD APTS LO:4
   
Property Owner Owner's Mailing Address
302 LAW ROAD INVESTMENTS LLC
108 CAVENDISH DR
CARY NC 27513
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Documents
Notes
Sales
Photos
Building Location Address
302 LAW RD
Card   of  1        Section   of  1
Building Details

Building Name
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) 7998
Remodeled Year
Total Stories 1

Section Details

Occupancy Type COMMERCIAL


Exterior Walls 12-BRK/WD-COMBINATN
Interior Finish APT-APARTMENT
2-FIX-BATHS 8
3-FIX-BATHS 8
EXTRA-FIX 2
Air Conditioning Y
Occupancy APT-APARTMENT
Sprinkler N
Class D-WOOD/LIGHT-STEEL
Depreciation 60%
Depreciation AVERAGE
Quality C
Building Total & Improvement Details

Total Adjusted Replacement Cost New $631,441
Physical Depreciation (% Bad) AVERAGE 60.00
Depreciated Value $252,576
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $252,576
Market Area Factor 1.00
Building Value $271,877
Misc Improvements Value $7,409
Total Improvement Value $279,286

Assessed Land Value $40,000
   
Assessed Total Value $296,000


Addition Summary 
StoryTypeCodeArea
1.00 UTILITY FIN UTF 336
1.00 CNPY COMM FAIR CCD 36
1.00 CNPY COMM FAIR CCD 36
1.00 CNPY COMM FAIR CCD 36
1.00 CNPY COMM FAIR CCD 36
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
4559 SIZE ASPHALT PAVING 1983 65 3542
844 SIZE SIDEWALK 1983 65 1194
1290 SIZE CONCRETE PATIO 1983 65 1824
223 SIZE CL FENCE 1983 65 403
148 SIZE CL FENCE 1983 65 446
 


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