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1418 Glenwood Avenue

1418 Glenwood Avenue, Raleigh, NC 27605
Property in Glenwood
Sold Feb 24, 2012
$332,000
$192,000 by Fm Lending Services Inc
Mortgage Due Mar 01, 2042
Sold Feb 16, 2001
$267,500
$256,025 by Fm Lending Services Inc
Mortgage Due Mar 01, 2031
1418 Glenwood Avenue in Raleigh, NC was first built in 1938 and is 86 years old. Although, the building on the property was most recently renovated and altered in 1970. 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. 1418 Glenwood Avenue has 4,206 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. The basement is 1,302 sqft and has been categorized as a full basement. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. The home has a hip 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 brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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, 1418 Glenwood Avenue sold most recently in Feb 24, 2012 for a total of $332,000. If you work out the math, that's approximately a cost of $78.93 per sqft. Before that, the property was also sold for $267,500 in Feb 15, 2001. 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 $6,893 in taxes each year. 1418 Glenwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $630,551. If we break it down further, the land itself was valued at $256,500. Improvements to the property, however, were assessed at a total of $374,051. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1970
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 1,302
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 4,206
  • Building Area: 4,206
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,206
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLENWOOD SUB
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23, 24 & PT 25 GLENWOOD SUB

Ownership

  • Current Owner : SMITH MYRA JEAN
  • Current Owner 2: CLAYTON GREGORY ALAN
  • Previous Owner : CARRINGTON KENT H
  • Previous Owner 2: CARRINGTON SARAH L
  • Owner Before Previous Owner: LYON ZACHARY WOOD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050300

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0063774
  • District: 01
  • Parcel: 1704.11-55-0348 0063774
  • Municipality: RALEIGH
  • Latitude: 35.7975
  • Longitude: -78.646

    Address

  • Full Address: 1418 Glenwood Ave
  • Address - House Number: 1418
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1219
  • Zip Code: 27605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,893

    Appraisal Valuation

  • Standard Deviation: 0.1165
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 87
  • Final Value: 851,208
  • High Value: 950,413
  • Low Value: 752,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: FM LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2012
  • First Open Lien Mortgage Loan Amount: $192,000
  • 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: Mar 01, 2042

    Market Valuation

  • Market Total Value: $630,551
  • Market Land Value: $256,500
  • Market Improvement Value: $374,051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,551
  • Assessed Land Value: $256,500
  • Assessed Improvements Value: $374,051

    Sales

  • Current Sale Contract Date: Feb 24, 2012
  • Current Sale Recording Date: Feb 24, 2012
  • Current Sale Transaction ID: 1133745924
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 16, 2001
  • Previous Sale Contract Date: Feb 15, 2001
  • Previous Sale Amount: $267,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM LENDING SERVICES INC
  • First Mortgage Transaction Date: Feb 24, 2012
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FM LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Feb 16, 2001
  • Previous Mortgage Loan Amount: $256,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2031

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Frequently Asked Questions

What neighborhood is 1418 Glenwood Avenue located in?
The 1418 Glenwood Avenue is a located in the neighborhood of Glenwood in University, Raleigh.
What is the average sales price for listings in 1418 Glenwood Avenue?
The average sales price for units in 1418 Glenwood Avenue is $0 currently.

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