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1423 Quarter Point

1423 Quarter Point, Raleigh, NC 27615
Townhouse in Emerald Point
Sold Jan 03, 2019
$187,000
$177,650 by Movement Mortgage
Mortgage Due Oct 01, 2049
Sold May 13, 2005
$118,500
$94,800 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2035
1423 Quarter Point in Raleigh, NC was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2002. 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. 1423 Quarter Point has 1,284 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 1,742 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, 1423 Quarter Point sold most recently in Dec 28, 2018 for a total of $187,000. If you work out the math, that's approximately a cost of $145.64 per sqft. Before that, the property was also sold for $118,500 in May 13, 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 $1,928 in taxes each year. 1423 Quarter Point was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $188,488. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $143,488. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1987
  • Effective Year Built: 2002
  • Total Rooms: 6
  • 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: 1,742
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,284
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EMERALD POINT I SUBDIVISION
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO18 EMERALD POINT BM1986-02157

Ownership

  • Current Owner : ZELLER CHRISTIAN MICHAEL
  • Previous Owner : ROGERS ELIZABETH DIANE
  • Owner Before Previous Owner: MARSHALL WALTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053722

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0154342
  • District: 07
  • Parcel: 0798.16-93-4293 0154342
  • Lot: 18
  • Municipality: HOUSE CREEK
  • Latitude: 35.9016
  • Longitude: -78.664

    Address

  • Full Address: 1423 Quarter Pt
  • Address - House Number: 1423
  • Address - Street Name: Quarter
  • Address - Suffix Type: Pt
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 2726
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,928

    Appraisal Valuation

  • Standard Deviation: 0.1438
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 82
  • Final Value: 328,013
  • High Value: 375,204
  • Low Value: 280,821

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $207,650
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 09, 2019
  • First Open Lien Mortgage Loan Amount: $177,650
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 05, 2022
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $188,488
  • Market Land Value: $45,000
  • Market Improvement Value: $143,488

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $188,488
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $143,488

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Transaction ID: 11548781551
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 13, 2005
  • Previous Sale Contract Date: May 13, 2005
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jan 03, 2019
  • First Mortgage Loan Amount: $181,390
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 13, 2005
  • Previous Mortgage Loan Amount: $94,800
  • 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

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Frequently Asked Questions

What neighborhood is 1423 Quarter Point located in?
The 1423 Quarter Point is a townhouse located in the neighborhood of Emerald Point in North Raleigh, Raleigh.
What is the average sales price for listings in 1423 Quarter Point?
The average sales price for units in 1423 Quarter Point is $0 currently.

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