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1511 Cross Street

1511 Cross Street, Raleigh, NC 27610
Property in Central Raleigh
1 Units For Sale
Unit for sale at 1511 Cross Street, Raleigh, NC 27610

$250,000 ↓ $17K

  • Loft
  • 2 Baths
  • 884 ft²
1511 Cross Street, Raleigh, NC 27610 Listing by Elena Stoyanova

Local assessors in Raleigh, NC have categorized 1511 Cross Street as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 4,792 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1511 Cross Street has a total of 858 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with gas. 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, 1511 Cross Street was last sold in Feb 13, 2023 for $228,500. According to our calculations, that's $266.32 per sqft. Prior to that sales transaction, the property was sold for $654,500 in Nov 29, 2022. Current property owners are expected to pay $916 in taxes per year. The property on 1511 Cross Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $82,172. To break that down further, the land itself was valued at $72,000. While improvements to the property were assessed at a total of $10,172. 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. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220624
06/24/2022
2 Bed
2 Bath
875 ft²
$200,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
875 ft²
-
-
-
Amie Williams
KW Realty Platinum

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 858
  • Building Area: 858
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 858
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO68 LINCOLN PARK BM1911-55

Ownership

  • Current Owner : USSURIAN LLC
  • Previous Owner : CITYPLAT HOLDINGS LLC
  • Owner Before Previous Owner: RALEIGH RESIDENTIAL FUND LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050700

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0002334
  • District: 01
  • Parcel: 1713.06-48-0735 0002334
  • Lot: 68
  • Municipality: RALEIGH
  • Latitude: 35.7791
  • Longitude: -78.6156

    Address

  • Full Address: 1511 Cross St
  • Address - House Number: 1511
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 2519
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $916

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 96
  • Final Value: 252,732
  • High Value: 269,897
  • Low Value: 235,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,000
  • First Open Lien Mortgage Lender: F&M BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $133,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $82,172
  • Market Land Value: $72,000
  • Market Improvement Value: $10,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,172
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $10,172

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 14, 2023
  • Current Sale Transaction ID: 11902115137
  • Current Sale Price: $228,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 29, 2022
  • Previous Sale Contract Date: Nov 29, 2022
  • Previous Sale Amount: $654,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK
  • Previous Mortgage Transaction Date: Nov 29, 2022
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 1511 Cross Street located in?
The 1511 Cross Street is a located in the neighborhood of Central Raleigh in Central Raleigh, Raleigh.
How many listings are currently for sale in 1511 Cross Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1511 Cross Street?
The average sales price for units in 1511 Cross Street is $250,000 , or $283/sqft. currently.

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