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13 Red Lane

13 Red Lane, Raleigh, NC 27606
1 Units For Sale
Unit for sale at 13 Red Lane, Raleigh, NC 27606

$275,000

  • 3 Beds
  • 3.5 Baths
  • 1,361 ft²
13 Red Lane, Raleigh, NC 27606 Listing by Brian Madden

13 Red Lane 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 2002 and is 22 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 13 Red Lane has 1,280 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 871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 13 Red Lane sold most recently in Jun 6, 2016 for a total of $127,000. If you work out the math, that's approximately a cost of $99.22 per sqft. Before that, the property was also sold for $97,941 in Apr 19, 2007. 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 $1,623 in taxes each year. 13 Red Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $158,332. If we break it down further, the land itself was valued at $38,000. Improvements to the property, however, were assessed at a total of $120,332. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 871
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RED WOLF CROSSING TOWNHOMES
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO9 RED WOLF CROSSING TWNHMS BM2002-00906

Ownership

  • Current Owner : ARMSTRONG RYAN J
  • Current Owner 2: MADDEN BRIAN S
  • Previous Owner : FUNARI MICHAEL
  • Previous Owner 2: FUNARI CATHY
  • Owner Before Previous Owner: SAGER DANIEL L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052411

Zoning

  • Zoning: NX-3

Geography

  • Account Number: 0301158
  • District: 01
  • Parcel: 0784.17-10-6876 0301158
  • Lot: 9
  • Municipality: RALEIGH
  • Latitude: 35.7853
  • Longitude: -78.7246

    Address

  • Full Address: 13 Red Ln
  • Address - House Number: 13
  • Address - Street Name: Red
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1672
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,623

    Appraisal Valuation

  • Standard Deviation: 0.1372
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 84
  • Final Value: 260,434
  • High Value: 296,176
  • Low Value: 224,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 16, 2033

    Market Valuation

  • Market Total Value: $158,332
  • Market Land Value: $38,000
  • Market Improvement Value: $120,332

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,332
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $120,332

    Sales

  • Current Sale Contract Date: Jun 06, 2016
  • Current Sale Recording Date: Jun 07, 2016
  • Current Sale Transaction ID: 1855385098
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 23, 2007
  • Previous Sale Contract Date: Apr 19, 2007
  • Previous Sale Amount: $97,941
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Jun 07, 2016
  • First Mortgage Loan Amount: $95,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 23, 2007
  • Previous Mortgage Loan Amount: $88,146
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2037

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Frequently Asked Questions

What neighborhood is 13 Red Lane located in?
The 13 Red Lane is a located in the neighborhood of Wolf Crossing Townhomes in Southwest Raleigh, Raleigh.
How many listings are currently for sale in 13 Red Lane?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 13 Red Lane?
The average sales price for units in 13 Red Lane is $275,000 , or $202/sqft. currently.

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