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1202 Watauga Street

1202 Watauga Street, Raleigh, NC 27604
Property in Mordecai
Sold Aug 06, 2020
$589,500
$427,000 by Movement Mortgage
Mortgage Due Sep 01, 2050
Sold Oct 10, 2017
$250,000
$250,000 by F Timohty Nicholls
Mortgage Due Dec 08, 2017
1202 Watauga Street has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 2019. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1202 Watauga Street has 1,917 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1202 Watauga Street was last sold in Aug 6, 2020 for $589,500. According to our calculations, that's $307.51 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Sep 5, 2017. Current property owners are expected to pay $5,819 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 1202 Watauga Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $572,776. To break that down further, the land itself was valued at $250,000. While improvements to the property were assessed at a total of $322,776. 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: 1941
  • Effective Year Built: 2019
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,917
  • Building Area: 1,917
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,917
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAFAYETTE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO20 & PORTION OF LT 21 LAFAYETTE BM1938-00070

Ownership

  • Current Owner : GRECO ANTHONY
  • Current Owner 2: SCOTT KATHERINE
  • Previous Owner : NORTHSTAR CAPITAL GROUP LLC
  • Owner Before Previous Owner: THE NATURE CONSERVANCY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0038759
  • District: 01
  • Parcel: 1714.13-04-2272 0038759
  • Lot: 20,21
  • Municipality: RALEIGH
  • Latitude: 35.7943
  • Longitude: -78.6283

    Address

  • Full Address: 1202 Watauga St
  • Address - House Number: 1202
  • Address - Street Name: Watauga
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C003
  • 4-Digit Zip Code: 2036
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,819
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1187
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 879,018
  • High Value: 983,367
  • Low Value: 774,668

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $627,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $427,000
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Feb 24, 2022
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $572,776
  • Market Land Value: $250,000
  • Market Improvement Value: $322,776

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $572,776
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $322,776

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11786892786
  • Current Sale Price: $589,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 10, 2017
  • Previous Sale Contract Date: Sep 05, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $427,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: F TIMOHTY NICHOLLS
  • Previous Mortgage Transaction Date: Oct 10, 2017
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 1
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 08, 2017

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 1202 Watauga Street located in?
The 1202 Watauga Street is a located in the neighborhood of Mordecai in Central Raleigh, Raleigh.
What is the average sales price for listings in 1202 Watauga Street?
The average sales price for units in 1202 Watauga Street is $0 currently.

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