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1338 Baez Street

1338 Baez Street, Raleigh, NC 27608
Sold Sep 25, 2020
$270,000
Sold May 31, 2005
$167,000
$133,600 by Southeastern Lending Llc
Mortgage Due Jun 01, 2035
1338 Baez Street in Raleigh, NC was first built in 1984 and is 40 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 townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1338 Baez Street has 1,248 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 1,307 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 frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1338 Baez Street sold most recently in Sep 15, 2020 for a total of $270,000. If you work out the math, that's approximately a cost of $216.35 per sqft. Before that, the property was also sold for $167,000 in May 31, 2005. 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 $2,868 in taxes each year. 1338 Baez Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,289. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $141,289. 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!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

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: 1,307
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Heated Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KNOWLES PLACE
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO5 KNOWLES PLACE TOWNHOMES BM1984-00286

Ownership

  • Current Owner : GAINEY EUGENE D
  • Current Owner 2: GAINEY KAREN L
  • Previous Owner : BOLING JONATHAN
  • Previous Owner 2: SONNER JILL L
  • Owner Before Previous Owner: LENIHAN ALICE JEAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051400

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0132902
  • District: 01
  • Parcel: 0794.12-96-7969 0132902
  • Lot: 5
  • Municipality: RALEIGH
  • Latitude: 35.802
  • Longitude: -78.6636

    Address

  • Full Address: 1338 Baez St
  • Address - House Number: 1338
  • Address - Street Name: Baez
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1924
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,868

    Appraisal Valuation

  • Standard Deviation: 0.1275
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 85
  • Final Value: 396,826
  • High Value: 447,425
  • Low Value: 346,227

    Market Valuation

  • Market Total Value: $261,289
  • Market Land Value: $120,000
  • Market Improvement Value: $141,289

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,289
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $141,289

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11808786817
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 31, 2005
  • Previous Sale Contract Date: May 31, 2005
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHEASTERN LENDING LLC
  • Previous Mortgage Transaction Date: May 31, 2005
  • Previous Mortgage Loan Amount: $133,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About University



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,095 /mo

  • 2 Beds
  • 1 Bath
  • 832 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1338 Baez Street located in?
The 1338 Baez Street is a townhouse located in the neighborhood of Knowles Place Townhomes in University, Raleigh.
What is the average sales price for listings in 1338 Baez Street?
The average sales price for units in 1338 Baez Street is $0 currently.

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