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1404 Medfield Road

1404 Medfield Road, Raleigh, NC 27607
Sold Mar 20, 2020
$70,000
$413,000 by Tarboro Savings Bank Ssb
Mortgage
Sold Aug 03, 2018
$456,000
$364,800 by Prosperity Home Mortgage Llc
Mortgage Due Sep 01, 2048
1404 Medfield Road in Raleigh, NC was first built in 2006 and is 18 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 conventional 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. 1404 Medfield Road has 2,883 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 20,038 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 420 sqft. The exterior walls of the home are made of alum/vinyl siding. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1404 Medfield Road was last sold in Mar 19, 2020 for $70,000. According to our calculations, that's $24.28 per sqft. Prior to that sales transaction, the property was sold for $456,000 in Aug 2, 2018. Current property owners are expected to pay $3,514 in taxes per year. The property on 1404 Medfield Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $483,858. To break that down further, the land itself was valued at $138,000. While improvements to the property were assessed at a total of $345,858. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,883
  • Building Area: 2,883
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,883
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MEDFIELD ESTS
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO158 MEDFIELD ESTS

Ownership

  • Current Owner : WEBB ASHTON L
  • Previous Owner : SPATARO JOSEPH D
  • Owner Before Previous Owner: LAYHAM RYAN ANTHONY
  • Owner Before Previous Owner 2: LAYHAM SARAH WOODWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053521

Zoning

  • Zoning: R20

Geography

  • Account Number: 0009471
  • District: 04
  • Parcel: 0774.09-16-3888 0009471
  • Lot: 158
  • Municipality: CARY
  • Latitude: 35.8021
  • Longitude: -78.7592

    Address

  • Full Address: 1404 Medfield Rd
  • Address - House Number: 1404
  • Address - Street Name: Medfield
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C020
  • 4-Digit Zip Code: 4722
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,514

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 732,102
  • High Value: 822,722
  • Low Value: 641,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,000
  • First Open Lien Mortgage Lender: TARBORO SAVINGS BANK SSB
  • First Open Lien Mortgage Recording Date: Jul 23, 2020
  • First Open Lien Mortgage Loan Amount: $413,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $483,858
  • Market Land Value: $138,000
  • Market Improvement Value: $345,858

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $483,858
  • Assessed Land Value: $138,000
  • Assessed Improvements Value: $345,858

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11755771769
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Contract Date: Aug 02, 2018
  • Previous Sale Amount: $456,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 03, 2018
  • Previous Mortgage Loan Amount: $364,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Medfield Estates



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Frequently Asked Questions

What neighborhood is 1404 Medfield Road located in?
The 1404 Medfield Road is a house located in the neighborhood of Medfield Estates in Medfield Estates, Raleigh.
What is the average sales price for listings in 1404 Medfield Road?
The average sales price for units in 1404 Medfield Road is $0 currently.

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