1240 Teakwood Place

1240 Teakwood Place in Raleigh, NC was first built in 1972 and is 52 years old. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1240 Teakwood Place has 1,140 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.

Learn more about the property and building on this page. The home has a unknown style roof. Water for the property is sourced from unknown 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 unknown control joints. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with unknown. As for heating, the home is utilizing unknown and being fueled with unknown. 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, 1240 Teakwood Place was last sold in Feb 10, 1989 for $61,000. According to our calculations, that's $53.51 per sqft. Current property owners are expected to pay $1,185 in taxes per year. The property on 1240 Teakwood Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $106,874. While improvements to the property were assessed at a total of $106,874. 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.