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1305 Shakentown Street

1305 Shakentown Street, Knightdale, NC 27545
Property in Wake
Sold Oct 30, 2014
$125,000
$127,475 by Alcova Mortgage Llc
Mortgage Due Nov 01, 2044
1305 Shakentown Street has been categorized by the local assessors in Knightdale, NC as a residential type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1995. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1305 Shakentown Street has 1,299 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 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. 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 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. 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, 1305 Shakentown Street sold most recently in Oct 17, 2014 for a total of $125,000. If you work out the math, that's approximately a cost of $96.23 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 $1,342 in taxes each year. 1305 Shakentown Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,503. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $129,503. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1987
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COTTONWOOD SUB
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO70 COTTONWOOD SUB BM1987-00213

Ownership

  • Current Owner : PAUL MARCIANA T
  • Previous Owner : JONES VERONICA P
  • Previous Owner 2: JONES MICHAEL G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054115

Zoning

  • Zoning: GR8

Geography

  • Account Number: 0163293
  • District: 17
  • Parcel: 1753.03-32-8672 0163293
  • Lot: 70
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7619
  • Longitude: -78.4814

    Address

  • Full Address: 1305 Shakentown St
  • Address - House Number: 1305
  • Address - Street Name: Shakentown
  • Address - Suffix Type: St
  • State: NC
  • City Name: Knightdale
  • Carrier Code: R001
  • 4-Digit Zip Code: 9119
  • Zip Code: 27545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,342

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 83
  • Final Value: 295,745
  • High Value: 337,919
  • Low Value: 253,570

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $131,242
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 30, 2014
  • First Open Lien Mortgage Loan Amount: $127,475
  • 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, 2044
  • Second Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Feb 28, 2024
  • Second Open Lien Mortgage Loan Amount: $3,767
  • Second Open Lien Mortgage Term: 335
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $169,503
  • Market Land Value: $40,000
  • Market Improvement Value: $129,503

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,503
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $129,503

    Sales

  • Current Sale Contract Date: Oct 17, 2014
  • Current Sale Recording Date: Oct 30, 2014
  • Current Sale Transaction ID: 1130395934
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 30, 2014
  • First Mortgage Loan Amount: $127,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

About Wake



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Frequently Asked Questions

What neighborhood is 1305 Shakentown Street located in?
The 1305 Shakentown Street is a located in the neighborhood of Wake in Wake, Knightdale.
What is the average sales price for listings in 1305 Shakentown Street?
The average sales price for units in 1305 Shakentown Street is $0 currently.

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