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1507 Trailwood Drive

1507 Trailwood Drive, Raleigh, NC 27606
Property in Trailwood
1 Units For Sale
Unit for sale at 1507 Trailwood Drive, Raleigh, NC 27606

$950,000

  • Loft
  • 2 Baths
  • 3,320 ft²
1507 Trailwood Drive, Raleigh, NC 27606 Listing by Noreen Barrett

1507 Trailwood Drive has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1957 and is 67 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1507 Trailwood Drive has 2,772 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 474 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 133,294 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 1507 Trailwood Drive was last sold in Jun 22, 2023 for $955,000. According to our calculations, that's $344.52 per sqft. Current property owners are expected to pay $2,499 in taxes per year. The property on 1507 Trailwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $343,190. To break that down further, the land itself was valued at $134,400. While improvements to the property were assessed at a total of $208,790. 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. 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!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 474
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 133,294
  • Total Building Area: 2,772
  • Building Area: 2,772
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.06
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1,2,4,5 CHARLES W SUGGS PROP

Ownership

  • Current Owner : SADEGHI DAVID
  • Previous Owner : SUGGS CHARLES W

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 052305

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0068812
  • District: 18
  • Parcel: 0793.17-11-8434 0068812
  • Lot: 1
  • Municipality: SWIFT CREEK
  • Latitude: 35.7593
  • Longitude: -78.6907

    Address

  • Full Address: 1507 Trailwood Dr
  • Address - House Number: 1507
  • Address - Street Name: Trailwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C015
  • 4-Digit Zip Code: 3720
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,499

    Appraisal Valuation

  • Standard Deviation: 0.0675
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 96
  • Final Value: 962,101
  • High Value: 1,027,054
  • Low Value: 897,148

    Market Valuation

  • Market Total Value: $343,190
  • Market Land Value: $134,400
  • Market Improvement Value: $208,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $343,190
  • Assessed Land Value: $134,400
  • Assessed Improvements Value: $208,790

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11908875094
  • Current Sale Price: $955,000
  • Current Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1507 Trailwood Drive located in?
The 1507 Trailwood Drive is a located in the neighborhood of Trailwood in Southwest Raleigh, Raleigh.
How many listings are currently for sale in 1507 Trailwood Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1507 Trailwood Drive?
The average sales price for units in 1507 Trailwood Drive is $950,000 , or $286/sqft. currently.

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