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1119 East Martin Street

1119 East Martin Street, Raleigh, NC 27610
Sold Jul 13, 2018
$371,000
$392,250 by Nbh Bank
Mortgage Due Feb 01, 2052
Sold Aug 25, 2016
$314,000
$290,000 by Gateway Bank Mortgage Inc
Mortgage Due Sep 01, 2046
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Local assessors in Raleigh, NC have categorized 1119 East Martin Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 6,970 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 1119 East Martin Street has a total of 1,412 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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 brick control joints. The building has a gable style roof. Lots of brick 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, 1119 East Martin Street sold most recently in Jul 9, 2018 for a total of $371,000. If you work out the math, that's approximately a cost of $262.75 per sqft. Before that, the property was also sold for $314,000 in Aug 10, 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 $3,853 in taxes each year. 1119 East Martin Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $378,554. 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 $243,554. 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: 1925
  • Effective Year Built: 2016
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,412
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1119 E MARTIN STREET

Ownership

  • Current Owner : DRAPER JARED BARTON
  • Current Owner 2: DRAPER ELIZABETH SCHRIEBER
  • Previous Owner : LEVANDOSKI ERIC MATTHEW
  • Previous Owner 2: LEVANDOSKI HEATHER RYAN
  • Owner Before Previous Owner: MARLOWE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050700

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0078330
  • District: 01
  • Parcel: 1713.05-27-4708 0078330
  • Municipality: RALEIGH
  • Latitude: 35.7765
  • Longitude: -78.621

    Address

  • Full Address: 1119 E Martin St
  • Address - House Number: 1119
  • Street Direction: E
  • Address - Street Name: Martin
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C010
  • 4-Digit Zip Code: 2605
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,853

    Appraisal Valuation

  • Standard Deviation: 0.1328
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 590,367
  • High Value: 668,810
  • Low Value: 511,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,250
  • First Open Lien Mortgage Lender: NBH BANK
  • First Open Lien Mortgage Recording Date: Jan 07, 2022
  • First Open Lien Mortgage Loan Amount: $392,250
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $378,554
  • Market Land Value: $135,000
  • Market Improvement Value: $243,554

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $378,554
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $243,554

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Transaction ID: 11482650365
  • Current Sale Price: $371,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 25, 2016
  • Previous Sale Contract Date: Aug 10, 2016
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NBH BANK NA
  • First Mortgage Transaction Date: Jul 13, 2018
  • First Mortgage Loan Amount: $296,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 25, 2016
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

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Frequently Asked Questions

What neighborhood is 1119 East Martin Street located in?
The 1119 East Martin Street is a house located in the neighborhood of Battery Heights in Central Raleigh, Raleigh.
What is the average sales price for listings in 1119 East Martin Street?
The average sales price for units in 1119 East Martin Street is $0 currently.

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