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14112 Norwood Road

14112 Norwood Road, Raleigh, NC 27614
Property in Wake
Sold Jun 29, 2021
$1,900,000
$3,590,000 by Bank Of The Ozarks
Mortgage
14112 Norwood Road in Raleigh, NC was first built in 1901 and is 123 years old. Although, the building on the property was most recently renovated and altered in 1980. 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. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 14112 Norwood Road has 1,983 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 203,425 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 carport. 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 air conditioning. As for heating, the home is utilizing a forced air unit. 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. The property was last sold in Jun 25, 2021 for $1,900,000. That's $958.14 per sqft. 14112 Norwood Road was last assessed in 2021. The total value of the property was assessed at $394,746. Specifically, the land the property is located on was valued at $262,120. While improvements on the property were assessed at a total of $132,626. 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 $0. 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: 1901
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 203,425
  • Total Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BAILEY ESTATE
  • Land Acres: 4.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO4 BAILEY ESTATE BM2012-00525

Ownership

  • Current Owner : ARCATERRA LAND LLC
  • Previous Owner : BUNCH GINA BAILEY
  • Previous Owner 2: BUNCH PAUL O
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053806

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0003253
  • District: 02
  • Parcel: 1709.01-18-8065 0003253
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9408
  • Longitude: -78.6583

    Address

  • Full Address: 14112 Norwood Rd
  • Address - House Number: 14112
  • Address - Street Name: Norwood
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R023
  • 4-Digit Zip Code: 9558
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,590,000
  • First Open Lien Mortgage Lender: BANK OF THE OZARKS
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $3,590,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $394,746
  • Market Land Value: $262,120
  • Market Improvement Value: $132,626

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $394,746
  • Assessed Land Value: $262,120
  • Assessed Improvements Value: $132,626

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11844752718
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE OZARKS
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $3,590,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Wake



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Frequently Asked Questions

What neighborhood is 14112 Norwood Road located in?
The 14112 Norwood Road is a located in the neighborhood of Wake in Wake, Raleigh.
What is the average sales price for listings in 14112 Norwood Road?
The average sales price for units in 14112 Norwood Road is $0 currently.

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