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1033 Stormy Lane

1033 Stormy Lane, Raleigh, NC 27610
Property in Summer Place
Sold Nov 01, 2013
$142,000
$137,150 by Primelending
Mortgage Due Nov 01, 2043
Sold Mar 22, 2004
$145,500
$101,390 by Ctx Mortgage Company Llc
Mortgage Due Apr 01, 2034
Local assessors in Raleigh, NC have categorized 1033 Stormy Lane as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 11,326 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1033 Stormy Lane has a total of 1,389 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 garage for those who need a place to park their vehicle. The garage on the property is 242 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1033 Stormy Lane sold most recently in Oct 30, 2013 for a total of $142,000. If you work out the math, that's approximately a cost of $102.23 per sqft. Before that, the property was also sold for $145,500 in Mar 22, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,928 in taxes each year. 1033 Stormy Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $188,490. If we break it down further, the land itself was valued at $38,500. Improvements to the property, however, were assessed at a total of $149,990. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,389
  • Building Area: 1,389
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,389
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUMMER PLACE SUB
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO125 SUMMER PLACE SUB PH2 BM2002-02080

Ownership

  • Current Owner : ALVARADO MARCOS ANTONIO
  • Previous Owner : NGO MANH C
  • Previous Owner 2: NGUYEN DU T
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054106

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0314474
  • District: 17
  • Subdivision Phase Number: 2
  • Parcel: 1734.18-42-3459 0314474
  • Lot: 125
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7894
  • Longitude: -78.5469

    Address

  • Full Address: 1033 Stormy Ln
  • Address - House Number: 1033
  • Address - Street Name: Stormy
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C020
  • 4-Digit Zip Code: 6075
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,928

    Appraisal Valuation

  • Standard Deviation: 0.1463
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 82
  • Final Value: 337,254
  • High Value: 386,622
  • Low Value: 287,885

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $162,150
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Nov 01, 2013
  • First Open Lien Mortgage Loan Amount: $137,150
  • 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: Nov 01, 2043
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • Second Open Lien Mortgage Recording Date: Jul 24, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $188,490
  • Market Land Value: $38,500
  • Market Improvement Value: $149,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,490
  • Assessed Land Value: $38,500
  • Assessed Improvements Value: $149,990

    Sales

  • Current Sale Contract Date: Oct 30, 2013
  • Current Sale Recording Date: Nov 01, 2013
  • Current Sale Transaction ID: 1129905732
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 22, 2004
  • Previous Sale Contract Date: Mar 22, 2004
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Nov 01, 2013
  • First Mortgage Loan Amount: $137,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: CTX MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Mar 22, 2004
  • Previous Mortgage Loan Amount: $101,390
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2034

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Frequently Asked Questions

What neighborhood is 1033 Stormy Lane located in?
The 1033 Stormy Lane is a located in the neighborhood of Summer Place in Southeast Raleigh, Raleigh.
What is the average sales price for listings in 1033 Stormy Lane?
The average sales price for units in 1033 Stormy Lane is $0 currently.

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