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1524 Crag Burn Lane

1524 Crag Burn Lane, Raleigh, NC 27604
House in Hedingham
Sold Jul 01, 2019
$186,500
Sold Dec 21, 2007
$139,000
$125,100 by Hpw Mortgage Llc
Mortgage Due Jan 01, 2038
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1524 Crag Burn Lane in Raleigh, NC was first built in 2000 and is 24 years old. 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 3 partial bathrooms. 1524 Crag Burn Lane has 1,115 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 5,227 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 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 central 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. 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, 1524 Crag Burn Lane sold most recently in Jun 28, 2019 for a total of $186,500. If you work out the math, that's approximately a cost of $167.26 per sqft. Before that, the property was also sold for $139,000 in Nov 28, 2007. 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 $1,961 in taxes each year. 1524 Crag Burn Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $191,749. If we break it down further, the land itself was valued at $48,400. Improvements to the property, however, were assessed at a total of $143,349. 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: 2000
  • Effective Year Built: 2000
  • Total Rooms: 6
  • 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: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,115
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRAG BURN HEDINGHAM NEUSEPH
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2565 CRAG BURN @ HDHM NUSE P3 98-1914

Ownership

  • Current Owner : OPENDOOR PROERTY D LLC
  • Previous Owner : EVERT WOLF PETER
  • Owner Before Previous Owner: BELASCO ERIC J
  • Owner Before Previous Owner 2: BELASCO MEGAN D
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0250624
  • District: 17
  • Parcel: 1734.02-68-3864 0250624
  • Lot: 2565
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8066
  • Longitude: -78.5401

    Address

  • Full Address: 1524 Crag Burn Ln
  • Address - House Number: 1524
  • Address - Street Name: Crag Burn
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C039
  • 4-Digit Zip Code: 6905
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,961

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 74
  • Final Value: 280,461
  • High Value: 335,030
  • Low Value: 225,892

    Market Valuation

  • Market Total Value: $191,749
  • Market Land Value: $48,400
  • Market Improvement Value: $143,349

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,749
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $143,349

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11626193692
  • Current Sale Price: $186,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 21, 2007
  • Previous Sale Contract Date: Nov 28, 2007
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEUTSCHE BANK NATIONAL TRUST C
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $40,000,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: HPW MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 21, 2007
  • Previous Mortgage Loan Amount: $125,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

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Frequently Asked Questions

What neighborhood is 1524 Crag Burn Lane located in?
The 1524 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 1524 Crag Burn Lane?
The average sales price for units in 1524 Crag Burn Lane is $0 currently.

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