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1237 Old Watkins Road

1237 Old Watkins Road, Raleigh, NC 27616
Sold Oct 23, 2017
$342,500
$256,515 by Resource Financial Services In
Mortgage Due Nov 01, 2047
Sold Jul 25, 2012
$10,000
Local assessors in Raleigh, NC have categorized 1237 Old Watkins Road as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 775,804 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 1237 Old Watkins Road has a total of 1,814 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. 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 frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1237 Old Watkins Road sold most recently in Oct 23, 2017 for a total of $342,500. If you work out the math, that's approximately a cost of $188.81 per sqft. Before that, the property was also sold for $10,000 in Jul 17, 2012. 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 $5,314 in taxes each year. 1237 Old Watkins Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $733,045. If we break it down further, the land itself was valued at $603,041. Improvements to the property, however, were assessed at a total of $130,004. 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: 1979
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 775,804
  • Total Building Area: 1,814
  • Building Area: 1,814
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HORACE POOLE ESTATE
  • Land Acres: 17.81
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 HORACE POOLE ESTATE BM2012-00691

Ownership

  • Current Owner : ZENG HONG
  • Current Owner 2: LIN XIN
  • Previous Owner : BENTON ALVA P
  • Owner Before Previous Owner: POOLE BOBBY H

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054110

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0086998
  • District: 19
  • Subdivision Tract Number: 6
  • Parcel: 1746.02-59-0846 0086998
  • Lot: 1
  • Municipality: WAKE FOREST
  • Latitude: 35.8657
  • Longitude: -78.5102

    Address

  • Full Address: 1237 Old Watkins Rd
  • Address - House Number: 1237
  • Address - Street Name: Old Watkins
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R005
  • 4-Digit Zip Code: 8535
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,314

    Appraisal Valuation

  • Standard Deviation: 0.1139
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 88
  • Final Value: 908,094
  • High Value: 1,011,607
  • Low Value: 804,582

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,515
  • First Open Lien Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • First Open Lien Mortgage Recording Date: Oct 23, 2017
  • First Open Lien Mortgage Loan Amount: $256,515
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $733,045
  • Market Land Value: $603,041
  • Market Improvement Value: $130,004

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $733,045
  • Assessed Land Value: $603,041
  • Assessed Improvements Value: $130,004

    Sales

  • Current Sale Contract Date: Oct 23, 2017
  • Current Sale Recording Date: Oct 23, 2017
  • Current Sale Transaction ID: 11291475939
  • Current Sale Price: $342,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 25, 2012
  • Previous Sale Contract Date: Jul 17, 2012
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RESOURCE FINANCIAL SERVICES IN
  • First Mortgage Transaction Date: Oct 23, 2017
  • First Mortgage Loan Amount: $256,515
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 1237 Old Watkins Road located in?
The 1237 Old Watkins Road is a located in the neighborhood of Northeast Raleigh in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 1237 Old Watkins Road?
The average sales price for units in 1237 Old Watkins Road is $0 currently.

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