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1305 Fairfax Drive

1305 Fairfax Drive, Raleigh, NC 27609
Sold Jul 08, 2022
$686,500
$490,000 by Pnc Bank Na
Mortgage Due Aug 01, 2052
Sold Oct 28, 2019
$340,000
$350,000 by The 1305 Fairfax Drive Lending
Mortgage Due Oct 28, 2020
1305 Fairfax Drive 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 2012. Residents will have access to 2 full bathrooms. There are 3 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, 1305 Fairfax Drive has 2,659 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 877 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 28,314 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 280 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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 brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1305 Fairfax Drive sold most recently in Jul 8, 2022 for a total of $686,500. If you work out the math, that's approximately a cost of $258.18 per sqft. Before that, the property was also sold for $340,000 in Oct 10, 2019. 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 $4,643 in taxes each year. The initial year of tax delinquency occurred in 2020. 1305 Fairfax Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $456,568. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $231,568. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Parking

Carport
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 877
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 2,659
  • Building Area: 2,659
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,659
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFAX HILLS SUBDIVISION
  • Land Acres: 0.65
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO41 & SML PRT OF LT 40 FAIRFAX HILLS

Ownership

  • Current Owner : MCLAUGHLIN KIMBERLY A
  • Previous Owner : HOUSCKICK INC
  • Owner Before Previous Owner: BURTON STEVEN J
  • Owner Before Previous Owner 2: ESTATE OF ELLA MAE JOYNER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054001

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0010552
  • District: 07
  • Parcel: 1716.10-36-0893 0010552
  • Lot: 40,41
  • Municipality: HOUSE CREEK
  • Latitude: 35.8563
  • Longitude: -78.6183

    Address

  • Full Address: 1305 Fairfax Dr
  • Address - House Number: 1305
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C019
  • 4-Digit Zip Code: 4731
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,643
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.0685
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 96
  • Final Value: 582,785
  • High Value: 622,714
  • Low Value: 542,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $490,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $456,568
  • Market Land Value: $225,000
  • Market Improvement Value: $231,568

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $456,568
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $231,568

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11891868276
  • Current Sale Price: $686,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 10, 2019
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: THE 1305 FAIRFAX DRIVE LENDING
  • Previous Mortgage Transaction Date: Oct 28, 2019
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Oct 28, 2020

About North Raleigh



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Frequently Asked Questions

What neighborhood is 1305 Fairfax Drive located in?
The 1305 Fairfax Drive is a house located in the neighborhood of Fairfax Hills in North Raleigh, Raleigh.
What is the average sales price for listings in 1305 Fairfax Drive?
The average sales price for units in 1305 Fairfax Drive is $0 currently.

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