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1006 Oak Lake Court

1006 Oak Lake Court, Raleigh, NC 27606
Sold Jul 25, 2008
$160,000
$170,000 by State Employees Credit Union
Mortgage
1006 Oak Lake Court in Raleigh, NC was first built in 1990 and is 34 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 townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1006 Oak Lake Court has 1,330 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 1,742 square feet.

Learn more about the property and building on this page. 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 average. 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, 1006 Oak Lake Court sold most recently in Jul 24, 2008 for a total of $160,000. If you work out the math, that's approximately a cost of $120.30 per sqft. 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 $1,960 in taxes each year. 1006 Oak Lake Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $191,647. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $146,647. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,330
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW CUD
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO3 LAKEVIEW C U D PH2 BL11 BM1990-00850

Ownership

  • Current Owner : UGARTE CONSUELO ARELLANO
  • Previous Owner : BURKE HAYNES KAREN A
  • Previous Owner 2: HAYNES LEONARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052301

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0186036
  • District: 01
  • Subdivision Phase Number: 2
  • Parcel: 0783.15-74-1006 0186036
  • Lot: 3
  • Municipality: RALEIGH
  • Latitude: 35.7666
  • Longitude: -78.7063

    Address

  • Full Address: 1006 Oak Lake Ct
  • Address - House Number: 1006
  • Address - Street Name: Oak Lake
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C014
  • 4-Digit Zip Code: 8000
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,960

    Appraisal Valuation

  • Standard Deviation: 0.1404
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 328,636
  • High Value: 374,781
  • Low Value: 282,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 08, 2022
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $191,647
  • Market Land Value: $45,000
  • Market Improvement Value: $146,647

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,647
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $146,647

    Sales

  • Current Sale Contract Date: Jul 24, 2008
  • Current Sale Recording Date: Jul 25, 2008
  • Current Sale Transaction ID: 11472985635
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WACHOVIA MORTGAGE FSB
  • First Mortgage Transaction Date: Jul 25, 2008
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 01, 2023

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Frequently Asked Questions

What neighborhood is 1006 Oak Lake Court located in?
The 1006 Oak Lake Court is a located in the neighborhood of Lakeview Townhomes in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 1006 Oak Lake Court?
The average sales price for units in 1006 Oak Lake Court is $0 currently.

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