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1322 Mayfair Road

1322 Mayfair Road, Raleigh, NC 27608
Property in Sunset Hills
Sold Oct 30, 2020
$1,350,000
$1,080,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2050
Sold Mar 08, 2012
$925,000
$417,000 by First Citizens Bank & Trust Co
Mortgage Due Apr 01, 2042
1322 Mayfair Road 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 2003 and is 21 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, 1322 Mayfair Road has 5,248 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 full basement that is 1,349 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 13,068 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 good. 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 brick control joints. The building has a hip 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 and being fueled with gas. 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. The property was last sold in Oct 29, 2020 for $1,350,000. That's $257.24 per sqft. Prior to that sales transaction, the property was also sold in Mar 8, 2012 for $925,000. 1322 Mayfair Road was last assessed in 2022. The total value of the property was assessed at $1,073,990. Specifically, the land the property is located on was valued at $413,250. While improvements on the property were assessed at a total of $660,740. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,894. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,349
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 5,248
  • Building Area: 5,248
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOUR ACRES SUB
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO16 FOUR ACRES SUB BM2003-00376

Ownership

  • Current Owner : BARNARD VAUGHN NOEL
  • Current Owner 2: BARNARD MARY CHESSON
  • Previous Owner : SPLINKER NATHAN J
  • Previous Owner 2: DOMINGUEZ JENNIFER A
  • Owner Before Previous Owner: PRETZER STEPHEN C
  • Owner Before Previous Owner 2: PRETZER KATHERINE S
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0045738
  • District: 01
  • Parcel: 0794.08-87-9724 0045738
  • Lot: 16
  • Municipality: RALEIGH
  • Latitude: 35.8041
  • Longitude: -78.6664

    Address

  • Full Address: 1322 Mayfair Rd
  • Address - House Number: 1322
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1940
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,894

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 1,657,089
  • High Value: 1,883,225
  • Low Value: 1,430,954

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,080,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $1,080,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $1,073,990
  • Market Land Value: $413,250
  • Market Improvement Value: $660,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,073,990
  • Assessed Land Value: $413,250
  • Assessed Improvements Value: $660,740

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11825946630
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 08, 2012
  • Previous Sale Contract Date: Mar 08, 2012
  • Previous Sale Amount: $925,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Mar 08, 2012
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2042

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Frequently Asked Questions

What neighborhood is 1322 Mayfair Road located in?
The 1322 Mayfair Road is a located in the neighborhood of Sunset Hills in University, Raleigh.
What is the average sales price for listings in 1322 Mayfair Road?
The average sales price for units in 1322 Mayfair Road is $0 currently.

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