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11005 Farmwood Drive

11005 Farmwood Drive, Raleigh, NC 27613
Property in Farmwood Acres
Sold Dec 03, 2012
$449,000
Sold Jul 24, 2003
$372,500
$298,000 by Bank Of America Na
Mortgage Due Aug 01, 2033
Local assessors in Raleigh, NC have categorized 11005 Farmwood Drive as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 98,010 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 3 full bathrooms. There are also 3 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 11005 Farmwood Drive has a total of 4,530 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 552 sqft. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11005 Farmwood Drive was last sold in Oct 16, 2012 for $449,000. According to our calculations, that's $99.12 per sqft. Prior to that sales transaction, the property was sold for $372,500 in Jul 8, 2003. Current property owners are expected to pay $4,017 in taxes per year. The property on 11005 Farmwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $553,384. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $423,384. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 98,010
  • Total Building Area: 4,530
  • Building Area: 4,530
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,530
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FARMWOOD ACRES SUB
  • Land Acres: 2.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO42 FARMWOOD ACRES SUB REV(BM1973-404)

Ownership

  • Current Owner : WALL TIMOTHY J
  • Current Owner 2: WALL CHRISTINA S
  • Previous Owner : SCRO DONALD A
  • Previous Owner 2: SCRO MARY G
  • Owner Before Previous Owner: WINWOOD DAVID E
  • Owner Before Previous Owner 2: WINWOOD KATHLEEN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053720

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0085590
  • District: 08
  • Subdivision Tract Number: 42
  • Parcel: 0789.02-76-8638 0085590
  • Lot: 42
  • Municipality: LEESVILLE
  • Latitude: 35.9386
  • Longitude: -78.7033

    Address

  • Full Address: 11005 Farmwood Dr
  • Address - House Number: 11005
  • Address - Street Name: Farmwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R029
  • 4-Digit Zip Code: 6822
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,017

    Appraisal Valuation

  • Standard Deviation: 0.1152
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 899,426
  • High Value: 1,003,099
  • Low Value: 795,754

    Market Valuation

  • Market Total Value: $553,384
  • Market Land Value: $130,000
  • Market Improvement Value: $423,384

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $553,384
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $423,384

    Sales

  • Current Sale Contract Date: Oct 16, 2012
  • Current Sale Recording Date: Dec 03, 2012
  • Current Sale Transaction ID: 1133051852
  • Current Sale Price: $449,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Contract Date: Jul 08, 2003
  • Previous Sale Amount: $372,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Dec 03, 2012
  • First Mortgage Loan Amount: $358,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042
  • Second Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Second Mortgage Transaction Date: Dec 03, 2012
  • Second Mortgage Loan Amount: $44,377
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 24, 2003
  • Previous Mortgage Loan Amount: $298,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Farmwood Acres



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Frequently Asked Questions

What neighborhood is 11005 Farmwood Drive located in?
The 11005 Farmwood Drive is a located in the neighborhood of Farmwood Acres in Farmwood Acres, Raleigh.
What is the average sales price for listings in 11005 Farmwood Drive?
The average sales price for units in 11005 Farmwood Drive is $0 currently.

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