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11309 Shadow Elms Lane

11309 Shadow Elms Lane, Raleigh, NC 27614
Sold Sep 27, 2021
$248,000
$198,400 by Panorama Mortgage Group Llc
Mortgage Due Oct 01, 2051
Sold Oct 17, 2016
$161,000
$144,900 by Prosperity Home Mortgage Llc
Mortgage Due Nov 01, 2046
Local assessors in Raleigh, NC have categorized 11309 Shadow Elms Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 11309 Shadow Elms Lane has a total of 1,441 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. 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. The property was last sold in Sep 16, 2021 for $248,000. That's $172.10 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2016 for $161,000. 11309 Shadow Elms Lane was last assessed in 2022. The total value of the property was assessed at $201,137. Specifically, the land the property is located on was valued at $47,000. While improvements on the property were assessed at a total of $154,137. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,057. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,441
  • Building Area: 1,441
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,441
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIVER
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO1346 BEDFORD @ FALLS RIVER PH29 BM2003-02200

Ownership

  • Current Owner : YANG TIMOTHY
  • Previous Owner : SALIHU BESART
  • Previous Owner 2: SALIHU DJELLONA
  • Owner Before Previous Owner: MERRILL MICHAEL M
  • Owner Before Previous Owner 2: MERRILL MOLLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054013

Zoning

  • Zoning: PD

Geography

  • Account Number: 0307119
  • District: 13
  • Subdivision Phase Number: 29
  • Parcel: 1729.04-80-9962 0307119
  • Lot: 1346
  • Municipality: NEUSE
  • Latitude: 35.9224
  • Longitude: -78.5644

    Address

  • Full Address: 11309 Shadow Elms Ln
  • Address - House Number: 11309
  • Address - Street Name: Shadow Elms
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R090
  • 4-Digit Zip Code: 7061
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,057

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 346,075
  • High Value: 388,912
  • Low Value: 303,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,400
  • First Open Lien Mortgage Lender: PANORAMA MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Loan Amount: $198,400
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $201,137
  • Market Land Value: $47,000
  • Market Improvement Value: $154,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $201,137
  • Assessed Land Value: $47,000
  • Assessed Improvements Value: $154,137

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11862032844
  • Current Sale Price: $248,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Oct 10, 2016
  • Previous Sale Amount: $161,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PANORAMA MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $198,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 17, 2016
  • Previous Mortgage Loan Amount: $144,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 11309 Shadow Elms Lane located in?
The 11309 Shadow Elms Lane is a located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 11309 Shadow Elms Lane?
The average sales price for units in 11309 Shadow Elms Lane is $0 currently.

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