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1001 North State Street

1001 North State Street, Raleigh, NC 27604
Sold Dec 03, 2021
$986,000
$675,000 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Mar 31, 2020
$237,000
$541,500 by North State Bank
Mortgage Due Apr 15, 2021
1001 North State Street in Raleigh, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1001 North State Street has 2,696 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1001 North State Street sold most recently in Dec 2, 2021 for a total of $986,000. If you work out the math, that's approximately a cost of $365.73 per sqft. Before that, the property was also sold for $237,000 in Mar 31, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,638 in taxes each year. 1001 North State Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $752,425. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $572,425. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Parking

Covered Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,696
  • Building Area: 2,696
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,696
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAPITOL HEIGHTS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO35 CAPITOL HEIGHTS

Ownership

  • Current Owner : MIDYETTE WILLIAM CARLTON
  • Previous Owner : GRAYSON HOMES LLC
  • Owner Before Previous Owner: WHEELER ZACHARY
  • Owner Before Previous Owner 2: WHEELER DARBY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0037564
  • District: 01
  • Parcel: 1714.13-23-4450 0037564
  • Lot: 35
  • Municipality: RALEIGH
  • Latitude: 35.792
  • Longitude: -78.6207

    Address

  • Full Address: 1001 N State St
  • Address - House Number: 1001
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C043
  • 4-Digit Zip Code: 2364
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,638

    Appraisal Valuation

  • Standard Deviation: 0.1274
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 85
  • Final Value: 1,071,621
  • High Value: 1,208,188
  • Low Value: 935,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Loan Amount: $675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $752,425
  • Market Land Value: $180,000
  • Market Improvement Value: $572,425

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $752,425
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $572,425

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11873493228
  • Current Sale Price: $986,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2020
  • Previous Sale Contract Date: Mar 31, 2020
  • Previous Sale Amount: $237,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Mar 31, 2020
  • Previous Mortgage Loan Amount: $541,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 15, 2021

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Frequently Asked Questions

What neighborhood is 1001 North State Street located in?
The 1001 North State Street is a house located in the neighborhood of Oakwood Park in Central Raleigh, Raleigh.
What is the average sales price for listings in 1001 North State Street?
The average sales price for units in 1001 North State Street is $975,000 , or $362/sqft. currently.

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