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1524 Greenwood Street

1524 Greenwood Street, Raleigh, NC 27608
Sold Oct 27, 2017
$390,000
$705,000 by Citizens Bank Na
Mortgage Due Mar 01, 2050
Sold Jan 01, 1980
$36,500
Local assessors in Raleigh, NC have categorized 1524 Greenwood Street as a residential type of property. The home was built in 2019 and is 5 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 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 1524 Greenwood Street has a total of 4,218 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 average. 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 frame control joints. The building has a gable style roof. 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, 1524 Greenwood Street sold most recently in Oct 24, 2017 for a total of $390,000. If you work out the math, that's approximately a cost of $92.46 per sqft. Before that, the property was also sold for $36,500 in Jan 1, 1980. 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 $9,400 in taxes each year. 1524 Greenwood Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $926,444. If we break it down further, the land itself was valued at $320,000. Improvements to the property, however, were assessed at a total of $606,444. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2019
  • Effective Year Built: 2019
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 4,218
  • Building Area: 4,218
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,218
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROANOKE PARK
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO57 ROANOKE PK

Ownership

  • Current Owner : FRANK GARRETT
  • Current Owner 2: FRANK VIRGINIA RUSH
  • Previous Owner : THE ESTATE OF DON MARIE SPACH
  • Previous Owner 2: SPACH ALAN KENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0024175
  • District: 01
  • Parcel: 1704.11-67-8109 0024175
  • Lot: 57
  • Municipality: RALEIGH
  • Latitude: 35.8025
  • Longitude: -78.6398

    Address

  • Full Address: 1524 Greenwood St
  • Address - House Number: 1524
  • Address - Street Name: Greenwood
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 2534
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,400

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 1,389,045
  • High Value: 1,560,982
  • Low Value: 1,217,109

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Feb 05, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $705,000
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Jul 01, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $115,000
  • 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: $926,444
  • Market Land Value: $320,000
  • Market Improvement Value: $606,444

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $926,444
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $606,444

    Sales

  • Current Sale Contract Date: Oct 24, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Transaction ID: 11291476136
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1980
  • Previous Sale Contract Date: Jan 01, 1980
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Oct 27, 2017
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

About University



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Frequently Asked Questions

What neighborhood is 1524 Greenwood Street located in?
The 1524 Greenwood Street is a house located in the neighborhood of Five Points East in University, Raleigh.
What is the average sales price for listings in 1524 Greenwood Street?
The average sales price for units in 1524 Greenwood Street is $0 currently.

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