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1601 Malta Avenue

1601 Malta Avenue, Raleigh, NC 27610
Property in Joe Louis Park
Sold Jan 01, 1977
$3,000
$168,336 by Jim Walter Homes Inc
Mortgage
Local assessors in Raleigh, NC have categorized 1601 Malta Avenue 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 6,098 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 1601 Malta Avenue has a total of 1,048 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. 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. 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, 1601 Malta Avenue sold most recently in Jan 1, 1977 for a total of $3,000. If you work out the math, that's approximately a cost of $2.86 per sqft. 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 $2,191 in taxes each year. 1601 Malta Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $214,439. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $114,439. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 6,098
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JOE LOUIS PARK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO74 B-75B JOE LOUIS PK BLO

Ownership

  • Current Owner : JEFFERY ELIZABETH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0042153
  • District: 01
  • Parcel: 1713.10-35-8470 0042153
  • Lot: 74
  • Municipality: RALEIGH
  • Latitude: 35.77
  • Longitude: -78.6161

    Address

  • Full Address: 1601 Malta Ave
  • Address - House Number: 1601
  • Address - Street Name: Malta
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C010
  • 4-Digit Zip Code: 3329
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,191

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 394,250
  • High Value: 443,050
  • Low Value: 345,449

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $252,836
  • First Open Lien Mortgage Lender: JIM WALTER HOMES INC
  • First Open Lien Mortgage Recording Date: Sep 04, 1998
  • First Open Lien Mortgage Loan Amount: $168,336
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jul 20, 2016
  • Second Open Lien Mortgage Loan Amount: $84,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $214,439
  • Market Land Value: $100,000
  • Market Improvement Value: $114,439

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,439
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $114,439

    Sales

  • Current Sale Contract Date: Jan 01, 1977
  • Current Sale Recording Date: Jan 01, 1977
  • Current Sale Transaction ID: 1688662265
  • Current Sale Price: $3,000
  • Current Sale Document Type: Deed

About Central Raleigh



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Nearby Rentals

Unit for rent at 1510 Malta Avenue, Raleigh, NC, 27610

$1,895 /mo

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  • 2 Baths
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1510 Malta Avenue, Raleigh, NC, 27610 Listing by Spencer Southern
Unit for rent at 512 Coleman Street, Raleigh, NC, 27610

$1,900 /mo

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512 Coleman Street, Raleigh, NC, 27610 Listing by Janet Liu
Unit for rent at 1941 Robin Hill Lane, Raleigh, NC, 27610

$1,900 /mo

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1941 Robin Hill Lane, Raleigh, NC, 27610 Listing by Johnny Chappell

Frequently Asked Questions

What neighborhood is 1601 Malta Avenue located in?
The 1601 Malta Avenue is a located in the neighborhood of Joe Louis Park in Central Raleigh, Raleigh.
What is the average sales price for listings in 1601 Malta Avenue?
The average sales price for units in 1601 Malta Avenue is $0 currently.

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