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1340 Caistor Lane

1340 Caistor Lane, Raleigh, NC 27614
House in Moorlands
Sold Apr 28, 2021
$940,000
$740,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2051
Sold Oct 31, 2003
$897,500
$717,600 by Countrywide Home Loans Inc
Mortgage Due Nov 01, 2033
Local assessors in Raleigh, NC have categorized 1340 Caistor Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 77,101 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1340 Caistor Lane has a total of 4,934 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 862 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a hip style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with wood. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 22, 2021 for $940,000. That's $190.51 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2003 for $897,500. 1340 Caistor Lane was last assessed in 2022. The total value of the property was assessed at $987,680. Specifically, the land the property is located on was valued at $200,000. While improvements on the property were assessed at a total of $787,680. 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 $7,153. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 862
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 77,101
  • Total Building Area: 4,934
  • Building Area: 4,934
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,934
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOORLANDS
  • Land Acres: 1.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO31R MOORLAND BM2003-01411

Ownership

  • Current Owner : MULLEN WILLIAM S
  • Current Owner 2: MULLEN MONIKA E
  • Previous Owner : LEAZER BENNY A
  • Previous Owner 2: LEAZER BONNIE N
  • Owner Before Previous Owner: GULLEDGE BUILDING CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053803

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0297117
  • District: 02
  • Parcel: 0890.03-40-3608 0297117
  • Lot: 31R
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9495
  • Longitude: -78.6813

    Address

  • Full Address: 1340 Caistor Ln
  • Address - House Number: 1340
  • Address - Street Name: Caistor
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R091
  • 4-Digit Zip Code: 7215
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,153

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 1,086,049
  • High Value: 1,160,666
  • Low Value: 1,011,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $740,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $740,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $987,680
  • Market Land Value: $200,000
  • Market Improvement Value: $787,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $987,680
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $787,680

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11842989614
  • Current Sale Price: $940,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 2003
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $897,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 31, 2003
  • Previous Mortgage Loan Amount: $717,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Moorlands



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Unit for rent at 1501 Exeton Court, Raleigh, NC, 27615

$2,800 /mo

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1501 Exeton Court, Raleigh, NC, 27615 Listing by Greg Beck

Frequently Asked Questions

What neighborhood is 1340 Caistor Lane located in?
The 1340 Caistor Lane is a house located in the neighborhood of Moorlands in Moorlands, Raleigh.
What is the average sales price for listings in 1340 Caistor Lane?
The average sales price for units in 1340 Caistor Lane is $0 currently.

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