Check Availability

1517 Iredell Drive

1517 Iredell Drive, Raleigh, NC 27608
Property in Hayes Barton
Sold Jul 15, 2022
$1,685,000
$1,163,000 by George Mason Mortgage Llc
Mortgage Due Aug 01, 2052
Sold May 14, 2018
$1,400,000
$453,100 by Firstbank
Mortgage Due Jun 01, 2033
Local assessors in Raleigh, NC have categorized 1517 Iredell Drive as a residential type of property. The home was built in 2012 and is 12 years old. The property's lot size has been calculated to be 13,504 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1517 Iredell Drive has a total of 4,597 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 excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a gable style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1517 Iredell Drive sold most recently in Jul 15, 2022 for a total of $1,685,000. If you work out the math, that's approximately a cost of $366.54 per sqft. Before that, the property was also sold for $1,400,000 in May 14, 2018. 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 $13,408 in taxes each year. 1517 Iredell Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,322,269. If we break it down further, the land itself was valued at $403,750. Improvements to the property, however, were assessed at a total of $918,519. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2012
  • Effective Year Built: 2012
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 4,597
  • Building Area: 4,597
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,597
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J W BUNN PROP
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 1 OF THE J W BUNN BROP BM1920-255

Ownership

  • Current Owner : BENNET MARVIN BUTLER
  • Current Owner 2: BENNET REBECCA GARRISON
  • Previous Owner : SCOTT CARROLL SIDNEY
  • Previous Owner 2: SCOTT KIMBERLY S
  • Owner Before Previous Owner: ALLEN DONNA R
  • Owner Before Previous Owner 2: ALLEN DAVID A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0034628
  • District: 01
  • Parcel: 1704.10-36-6165 0034628
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.7997
  • Longitude: -78.6504

    Address

  • Full Address: 1517 Iredell Dr
  • Address - House Number: 1517
  • Address - Street Name: Iredell
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C004
  • 4-Digit Zip Code: 2304
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,408

    Appraisal Valuation

  • Standard Deviation: 0.1203
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 87
  • Final Value: 1,780,367
  • High Value: 1,994,616
  • Low Value: 1,566,118

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,363,000
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2022
  • First Open Lien Mortgage Loan Amount: $1,163,000
  • 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: Aug 01, 2052
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Dec 07, 2022
  • Second Open Lien Mortgage Loan Amount: $200,000
  • 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: $1,322,269
  • Market Land Value: $403,750
  • Market Improvement Value: $918,519

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,322,269
  • Assessed Land Value: $403,750
  • Assessed Improvements Value: $918,519

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Transaction ID: 11892291119
  • Current Sale Price: $1,685,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 14, 2018
  • Previous Sale Contract Date: May 14, 2018
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 15, 2022
  • First Mortgage Loan Amount: $1,163,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: May 14, 2018
  • Previous Mortgage Loan Amount: $453,100
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About University



Similar Buildings

Property at 1517 Iredell Drive,

1800 St Marys Street

  • 1 Unit for Sale
1800 St Marys Street, Raleigh, NC 27608
Property at 1517 Iredell Drive,

706 West Roanoke Park Drive

  • 1 Unit for Sale
706 West Roanoke Park Drive, Raleigh, NC 27608
Property at 1517 Iredell Drive,

750 Washington Street

  • 1 Unit for Sale
750 Washington Street, Raleigh, NC 27605
Property at 1517 Iredell Drive,

630 Smedes Place

  • 1 Unit for Sale
630 Smedes Place, Raleigh, NC 27605
Property at 1517 Iredell Drive,

2113 Cowper Drive

  • 1 Unit for Sale
2113 Cowper Drive, Raleigh, NC 27608
Property at 1517 Iredell Drive,

2101 Glenwood Avenue

  • 1 Unit for Sale
2101 Glenwood Avenue, Raleigh, NC 27608
Property at 1517 Iredell Drive,

328 Pershing Road

  • 1 Unit for Sale
328 Pershing Road, Raleigh, NC 27608
Property at 1517 Iredell Drive,

2704 Manning Place

  • 1 Unit for Sale
2704 Manning Place, Raleigh, NC 27608
Property at 1517 Iredell Drive,

2712 Manning Place

  • 1 Unit for Sale
2712 Manning Place, Raleigh, NC 27608

Nearby Rentals

Unit for rent at 1612 Craig Street, Raleigh, NC, 27608

$3,700 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,900 ft²
1612 Craig Street, Raleigh, NC, 27608 Listing by Bill Sewell
Unit for rent at 400 W North Street, Raleigh, NC, 27603

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
400 W North Street, Raleigh, NC, 27603 Listing by Ann-Cabell Baum
Unit for rent at 286 E Davie Street, Raleigh, NC, 27601

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,292 ft²
286 E Davie Street, Raleigh, NC, 27601 Listing by Brian Holt
Unit for rent at 411 Jefferson Street, Raleigh, NC, 27605

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
411 Jefferson Street, Raleigh, NC, 27605 Listing by Ann-Cabell Baum
Unit for rent at 122 North Harrington Street, Raleigh, NC, 27603

$3,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,470 ft²
122 North Harrington Street, Raleigh, NC, 27603 Listing by Don Gomez
Unit for rent at 2700 Bedford Avenue, Raleigh, NC, 27607

$3,698 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,097 ft²
2700 Bedford Avenue, Raleigh, NC, 27607 Listing by Ahmad Zein
Unit for rent at 401 Haywood Street, Raleigh, NC, 27601

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,083 ft²
401 Haywood Street, Raleigh, NC, 27601 Listing by Ann-Cabell Baum

Frequently Asked Questions

What neighborhood is 1517 Iredell Drive located in?
The 1517 Iredell Drive is a located in the neighborhood of Hayes Barton in University, Raleigh.
What is the average sales price for listings in 1517 Iredell Drive?
The average sales price for units in 1517 Iredell Drive is $0 currently.

Quantcast