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11017 Farmwood Drive

11017 Farmwood Drive, Raleigh, NC 27613
Property in Farmwood Acres
Sold Nov 20, 1997
$200,000
$180,000 by Fm Lending Services Inc
Mortgage Due Dec 01, 2027
11017 Farmwood Drive in Raleigh, NC was first built in 1977 and is 47 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. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 11017 Farmwood Drive has 2,298 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 91,912 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. For those who need parking, there is a garage. The garage is 1,080 sqft. 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. 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, 11017 Farmwood Drive was last sold in Nov 20, 1997 for $200,000. According to our calculations, that's $87.03 per sqft. Current property owners are expected to pay $2,965 in taxes per year. The property on 11017 Farmwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $407,820. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $277,820. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 7
  • 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: 1,080
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 91,912
  • Total Building Area: 2,298
  • Building Area: 2,298
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,298
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FARMWOOD ACRES SUB
  • Land Acres: 2.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO39 FARMWOOD ACRES SUB BM1973-00404

Ownership

  • Current Owner : REEVES CLAUDE W
  • Current Owner 2: REEVES KIMBERLY A
  • Previous Owner : PFOHL CHRISTOPHER M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0085587
  • District: 08
  • Parcel: 0789.02-76-1874 0085587
  • Lot: 39
  • Municipality: LEESVILLE
  • Latitude: 35.9393
  • Longitude: -78.7055

    Address

  • Full Address: 11017 Farmwood Dr
  • Address - House Number: 11017
  • 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: $2,965

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 666,155
  • High Value: 748,611
  • Low Value: 583,698

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: FM LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Nov 20, 1997
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027
  • Second Open Lien Mortgage Lender: RTP FCU
  • Second Open Lien Mortgage Recording Date: Sep 29, 2020
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 80
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jun 16, 2027

    Market Valuation

  • Market Total Value: $407,820
  • Market Land Value: $130,000
  • Market Improvement Value: $277,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $407,820
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $277,820

    Sales

  • Current Sale Contract Date: Nov 20, 1997
  • Current Sale Recording Date: Nov 20, 1997
  • Current Sale Transaction ID: 11472509890
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM LENDING SERVICES INC
  • First Mortgage Transaction Date: Nov 20, 1997
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2027

About Farmwood Acres



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Frequently Asked Questions

What neighborhood is 11017 Farmwood Drive located in?
The 11017 Farmwood Drive is a located in the neighborhood of Farmwood Acres in Farmwood Acres, Raleigh.
What is the average sales price for listings in 11017 Farmwood Drive?
The average sales price for units in 11017 Farmwood Drive is $0 currently.

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