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1505 Courtland Drive

1505 Courtland Drive, Raleigh, NC 27604
Property in Mordecai
Sold Oct 18, 1993
$42,000
$100,000 by Bank Of America Na
Mortgage Due Jun 23, 2039
1505 Courtland Drive in Raleigh, NC was first built in 1944 and is 80 years old. Although, the building on the property was most recently renovated and altered in 1960. 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. 1505 Courtland Drive has 936 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 10,454 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. The condition of the building has been evaluated as average. 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 no 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. The property was last sold in Oct 18, 1993 for $42,000. That's $44.87 per sqft. 1505 Courtland Drive was last assessed in 2023. The total value of the property was assessed at $341,688. Specifically, the land the property is located on was valued at $270,000. While improvements on the property were assessed at a total of $71,688. 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 $3,744. 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. 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: 1944
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 936
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORDECAL
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1505 COURTLAND DRIVE

Ownership

  • Current Owner : PEARSON HOWARD H
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050400

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0009055
  • District: 01
  • Parcel: 1714.09-06-7206 0009055
  • Municipality: RALEIGH
  • Latitude: 35.7998
  • Longitude: -78.6269

    Address

  • Full Address: 1505 Courtland Dr
  • Address - House Number: 1505
  • Address - Street Name: Courtland
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 1318
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,744

    Appraisal Valuation

  • Standard Deviation: 0.1222
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 539,148
  • High Value: 605,036
  • Low Value: 473,260

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 03, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 23, 2039

    Market Valuation

  • Market Total Value: $341,688
  • Market Land Value: $270,000
  • Market Improvement Value: $71,688

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,688
  • Assessed Land Value: $270,000
  • Assessed Improvements Value: $71,688

    Sales

  • Current Sale Contract Date: Oct 18, 1993
  • Current Sale Recording Date: Oct 18, 1993
  • Current Sale Transaction ID: 1688662123
  • Current Sale Price: $42,000
  • Current Sale Document Type: Deed

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 1505 Courtland Drive located in?
The 1505 Courtland Drive is a located in the neighborhood of Mordecai in Central Raleigh, Raleigh.
What is the average sales price for listings in 1505 Courtland Drive?
The average sales price for units in 1505 Courtland Drive is $0 currently.

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