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1305 Nottingham Road

1305 Nottingham Road, Raleigh, NC 27607
Multifamily in Sunset Hills
4 Units For Sale
Unit for sale at 1305-1307 Nottingham Road, Raleigh, NC 27607

$699,000

  • 4 Beds
  • 2 Baths
  • 1,596 ft²
1305-1307 Nottingham Road, Raleigh, NC 27607 Listing by Elena Stoyanova

Unit for sale at 1305-1311 Nottingham Road, Raleigh, NC 27607

$1,398,000 ↓ $52K

  • Land
1305-1311 Nottingham Road, Raleigh, NC 27607 Listing by Elena Stoyanova

Unit for sale at 1305 Nottingham Road, Raleigh, NC 27607

$375,000 ↓ $25K

  • Land
1305 Nottingham Road, Raleigh, NC 27607 Listing by Elena Stoyanova

Unit for sale at 1305-1311 Nottingham Road, Raleigh, NC 27607

$1,500,000 ↓ $100K

  • Land
1305-1311 Nottingham Road, Raleigh, NC 27607 Listing by Elena Stoyanova

1305 Nottingham Road in Raleigh, NC was first built in 1948 and is 76 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 duplex style. It is a single story home. 1305 Nottingham Road has 1,596 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. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water 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 brick control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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 Nottingham Road sold most recently in Jul 28, 2022 for a total of $725,000. If you work out the math, that's approximately a cost of $454.26 per sqft. 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 $3,908 in taxes each year. 1305 Nottingham Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $381,984. If we break it down further, the land itself was valued at $360,000. Improvements to the property, however, were assessed at a total of $21,984. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230427 Unit 13051307
04/27/2023
Studio
-
-
$925,000
bedrooms
Studio
bathrooms
-
-
-
-
Elena Stoyanova
Engel & Volkers Raleigh
20220930
09/30/2022
Studio
-
-
$1,900,000
bedrooms
Studio
bathrooms
-
-
-
-
Precious Allen
Keller Williams Elite Realty

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNSET HILLS
  • Land Acres: 0.25
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOTS 308&309 SUNSET HILLS EX BM1942-00101

Ownership

  • Current Owner : USSURIAN LLC
  • Previous Owner : HONEYCUTT REYNOLDS SANDRA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051502

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0023595
  • District: 01
  • Parcel: 0794.07-68-3033 0023595
  • Lot: 308,309
  • Municipality: RALEIGH
  • Latitude: 35.8049
  • Longitude: -78.6751

    Address

  • Full Address: 1305 Nottingham Rd
  • Address - House Number: 1305
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 3736
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,908

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: May 31, 2023
  • Confidence Score: 96
  • Final Value: 478,573
  • High Value: 511,201
  • Low Value: 445,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: TOWNEBANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $580,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $381,984
  • Market Land Value: $360,000
  • Market Improvement Value: $21,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $381,984
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $21,984

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11893686691
  • Current Sale Price: $725,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $580,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About North Hills



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Frequently Asked Questions

What neighborhood is 1305 Nottingham Road located in?
The 1305 Nottingham Road is a multifamily located in the neighborhood of Sunset Hills in North Hills, Raleigh.
How many listings are currently for sale in 1305 Nottingham Road?
1305 Nottingham Road has a total of zero units in the building. There are four units for sale right now.
What is the average sales price for listings in 1305 Nottingham Road?
The average sales price for units in 1305 Nottingham Road is $1,048,500 , or $438/sqft. currently.

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