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112 Berkshire Road

112 Berkshire Road, Raleigh, NC 27608
Property in Wayland Heights
Sold Mar 28, 2017
$515,000
$412,000 by Hometrust Bank
Mortgage Due Apr 01, 2047
Sold Dec 07, 2005
$450,000
$359,600 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2035
112 Berkshire Road in Raleigh, NC was first built in 1942 and is 82 years old. Although, the building on the property was most recently renovated and altered in 1970. 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 is only one bathroom. There is a 1 partial bathroom. 112 Berkshire Road has 742 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 12,632 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 concrete block control joints. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. 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, 112 Berkshire Road sold most recently in Mar 27, 2017 for a total of $515,000. If you work out the math, that's approximately a cost of $694.07 per sqft. Before that, the property was also sold for $450,000 in Nov 28, 2005. 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 $5,770 in taxes each year. 112 Berkshire Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $565,954. If we break it down further, the land itself was valued at $468,750. Improvements to the property, however, were assessed at a total of $97,204. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1942
  • Effective Year Built: 1970
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Building Style: Conventional
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 742
  • Building Area: 742
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: D TAYLOR RUSHING & KIMBERLY H
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1D TAYLOR & KIMBERLY RUSHING BM2004-01544

Ownership

  • Current Owner : MALASSENET FRANCOIS JACQUES
  • Previous Owner : JONES ROBERT G
  • Previous Owner 2: JONES LISA H
  • Owner Before Previous Owner: RUSHING D TAYLOR
  • Owner Before Previous Owner 2: RUSHING KIMBERLY H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0002454
  • District: 01
  • Parcel: 1705.17-10-3202 0002454
  • Municipality: RALEIGH
  • Latitude: 35.8109
  • Longitude: -78.6584

    Address

  • Full Address: 112 Berkshire Rd
  • Address - House Number: 112
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C017
  • 4-Digit Zip Code: 1342
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,770

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 896,068
  • High Value: 982,889
  • Low Value: 809,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: HOMETRUST BANK
  • First Open Lien Mortgage Recording Date: Mar 28, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $565,954
  • Market Land Value: $468,750
  • Market Improvement Value: $97,204

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $565,954
  • Assessed Land Value: $468,750
  • Assessed Improvements Value: $97,204

    Sales

  • Current Sale Contract Date: Mar 27, 2017
  • Current Sale Recording Date: Mar 28, 2017
  • Current Sale Transaction ID: 1806866425
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 07, 2005
  • Previous Sale Contract Date: Nov 28, 2005
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST BANK
  • First Mortgage Transaction Date: Mar 28, 2017
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 07, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $359,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About University



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Frequently Asked Questions

What neighborhood is 112 Berkshire Road located in?
The 112 Berkshire Road is a located in the neighborhood of Wayland Heights in University, Raleigh.
What is the average sales price for listings in 112 Berkshire Road?
The average sales price for units in 112 Berkshire Road is $0 currently.

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