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1005 East Jones Street

1005 East Jones Street, Raleigh, NC 27601
Property in Oakwood
Sold Aug 30, 2021
$507,000
$451,230 by Knock Lending Llc
Mortgage Due Sep 01, 2051
Sold Dec 02, 2016
$340,000
$322,999 by Amerisouth Mortgage Co
Mortgage Due Jan 01, 2032
Local assessors in Raleigh, NC have categorized 1005 East Jones Street as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 4,356 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1005 East Jones Street has a total of 1,309 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 1005 East Jones Street sold most recently in Aug 26, 2021 for a total of $507,000. If you work out the math, that's approximately a cost of $387.32 per sqft. Before that, the property was also sold for $340,000 in Dec 2, 2016. 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 $3,035 in taxes each year. 1005 East Jones Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $297,765. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $162,765. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,309
  • Building Area: 1,309
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,309
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1005 E JONES STREET

Ownership

  • Current Owner : SHELLEY COLLEEN
  • Current Owner 2: SHELLEY RYAN
  • Previous Owner : SIPES ZACHARY ALLEN
  • Previous Owner 2: SIPES CHRISTINA LE
  • Owner Before Previous Owner: CORNERSTONE EQUITY GROUP LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0029418
  • District: 01
  • Parcel: 1713.05-19-2845 0029418
  • Municipality: RALEIGH
  • Latitude: 35.7823
  • Longitude: -78.6249

    Address

  • Full Address: 1005 E Jones St
  • Address - House Number: 1005
  • Street Direction: E
  • Address - Street Name: Jones
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1267
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,035

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 497,600
  • High Value: 559,193
  • Low Value: 436,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,230
  • First Open Lien Mortgage Lender: KNOCK LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $451,230
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $297,765
  • Market Land Value: $135,000
  • Market Improvement Value: $162,765

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,765
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $162,765

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11859387023
  • Current Sale Price: $507,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 02, 2016
  • Previous Sale Contract Date: Dec 02, 2016
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KNOCK LENDING LLC
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $451,230
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERISOUTH MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 02, 2016
  • Previous Mortgage Loan Amount: $322,999
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 1005 East Jones Street located in?
The 1005 East Jones Street is a located in the neighborhood of Oakwood in Central Raleigh, Raleigh.
What is the average sales price for listings in 1005 East Jones Street?
The average sales price for units in 1005 East Jones Street is $0 currently.

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