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1521 Crag Burn Lane

1521 Crag Burn Lane, Raleigh, NC 27604
House in Hedingham
Sold Oct 14, 2005
$155,000
$145,800 by Angel Oak Home Loans Llc
Mortgage Due Jan 01, 2051
Sold May 30, 2002
$139,000
$104,250 by Southeastern Residential Mtg
Mortgage Due Jun 01, 2032
Local assessors in Raleigh, NC have categorized 1521 Crag Burn Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 6,534 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 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 1521 Crag Burn Lane has a total of 1,643 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. 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 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. 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, 1521 Crag Burn Lane sold most recently in Oct 14, 2005 for a total of $155,000. If you work out the math, that's approximately a cost of $94.34 per sqft. Before that, the property was also sold for $139,000 in May 30, 2002. 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 $2,216 in taxes each year. 1521 Crag Burn Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $216,855. If we break it down further, the land itself was valued at $44,000. Improvements to the property, however, were assessed at a total of $172,855. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 6,534
  • Total Building Area: 1,643
  • Building Area: 1,643
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,643
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRAG BURN HEDINGHAM NEUSEPH
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2556 CRAG BURN @ HDHM NUSE P3 98-1914

Ownership

  • Current Owner : SMITH DOUGLAS W
  • Current Owner 2: SMITH AMY P
  • Previous Owner : SHAW SCOTT D
  • Previous Owner 2: SHAW ALISA F
  • Owner Before Previous Owner: FOSTER WILLIAM E
  • Owner Before Previous Owner 2: FOSTER KELLEY K

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054105

Zoning

  • Zoning: PD

Geography

  • Account Number: 0250615
  • District: 17
  • Parcel: 1734.02-68-3687 0250615
  • Lot: 2556
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8062
  • Longitude: -78.5401

    Address

  • Full Address: 1521 Crag Burn Ln
  • Address - House Number: 1521
  • Address - Street Name: Crag Burn
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C039
  • 4-Digit Zip Code: 6906
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,216

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 365,053
  • High Value: 416,738
  • Low Value: 313,369

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,800
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 07, 2020
  • First Open Lien Mortgage Loan Amount: $145,800
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $216,855
  • Market Land Value: $44,000
  • Market Improvement Value: $172,855

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $216,855
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $172,855

    Sales

  • Current Sale Contract Date: Oct 14, 2005
  • Current Sale Recording Date: Oct 14, 2005
  • Current Sale Transaction ID: 1129873313
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 30, 2002
  • Previous Sale Contract Date: May 30, 2002
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FM LENDING SERVICES INC
  • First Mortgage Transaction Date: Oct 14, 2005
  • First Mortgage Loan Amount: $155,268
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHEASTERN RESIDENTIAL MTG
  • Previous Mortgage Transaction Date: May 30, 2002
  • Previous Mortgage Loan Amount: $104,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2032

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Frequently Asked Questions

What neighborhood is 1521 Crag Burn Lane located in?
The 1521 Crag Burn Lane is a house located in the neighborhood of Hedingham in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 1521 Crag Burn Lane?
The average sales price for units in 1521 Crag Burn Lane is $0 currently.

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