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12316 Schoolhouse Street

12316 Schoolhouse Street, Raleigh, NC 27614
Sold Jul 15, 2013
$460,000
$620,000 by Pnc Bank, National Association
Mortgage Due Jan 28, 2064
Sold Apr 19, 2006
$485,000
$388,000 by Citimortgage Inc
Mortgage Due May 01, 2036
12316 Schoolhouse Street in Raleigh, NC was first built in 2000 and is 24 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. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 12316 Schoolhouse Street has 4,124 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. The basement is 471 sqft and has been categorized as a full basement. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. The home has a hip 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 561 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. 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, 12316 Schoolhouse Street was last sold in May 29, 2013 for $460,000. According to our calculations, that's $111.54 per sqft. Prior to that sales transaction, the property was sold for $485,000 in Apr 17, 2006. Current property owners are expected to pay $5,126 in taxes per year. The property on 12316 Schoolhouse Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $468,477. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $388,477. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 471
  • Garage Type: Garage
  • Garage Square Area: 561
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 4,124
  • Building Area: 4,124
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,124
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MIDDLETON WAKEFIELD
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2087 MIDDLETON @ WKFLD P2&3 BM1998-2400

Ownership

  • Current Owner : SUMMERS BRIAN
  • Current Owner 2: SUMMERS JULIE
  • Previous Owner : COMER ROBERT BENJAMIN
  • Previous Owner 2: COMER ELIZABETH LEIGH
  • Owner Before Previous Owner: OCONNELL THOMAS A
  • Owner Before Previous Owner 2: OCONNELL JOANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054213

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0251501
  • District: 19
  • Parcel: 1820.04-71-7074 0251501
  • Lot: 2087
  • Municipality: WAKE FOREST
  • Latitude: 35.9502
  • Longitude: -78.5682

    Address

  • Full Address: 12316 Schoolhouse St
  • Address - House Number: 12316
  • Address - Street Name: Schoolhouse
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R065
  • 4-Digit Zip Code: 8911
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,126

    Appraisal Valuation

  • Standard Deviation: 0.1304
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 85
  • Final Value: 831,501
  • High Value: 939,952
  • Low Value: 723,050

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $675,000
  • First Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 28, 2064
  • Second Open Lien Mortgage Lender: DISCOVER BANK
  • Second Open Lien Mortgage Recording Date: Jan 17, 2019
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jan 17, 2029

    Market Valuation

  • Market Total Value: $468,477
  • Market Land Value: $80,000
  • Market Improvement Value: $388,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,477
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $388,477

    Sales

  • Current Sale Contract Date: May 29, 2013
  • Current Sale Recording Date: Jul 15, 2013
  • Current Sale Transaction ID: 1130725422
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 19, 2006
  • Previous Sale Contract Date: Apr 17, 2006
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: CARTUS HOME LOANS LLC
  • First Mortgage Transaction Date: Jul 15, 2013
  • First Mortgage Loan Amount: $415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 19, 2006
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2036

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Frequently Asked Questions

What neighborhood is 12316 Schoolhouse Street located in?
The 12316 Schoolhouse Street is a located in the neighborhood of Middleton at Wakefield in North Raleigh, Raleigh.
What is the average sales price for listings in 12316 Schoolhouse Street?
The average sales price for units in 12316 Schoolhouse Street is $0 currently.

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