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1605 Crag Burn Lane

1605 Crag Burn Lane, Raleigh, NC 27604
House in Hedingham
Sold Feb 27, 2019
$205,000
$198,850 by Movement Mortgage
Mortgage Due Mar 01, 2049
Sold Jun 04, 2015
$5,782
Local assessors in Raleigh, NC have categorized 1605 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 4,792 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 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 1605 Crag Burn Lane has a total of 1,629 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, 1605 Crag Burn Lane sold most recently in Feb 26, 2019 for a total of $205,000. If you work out the math, that's approximately a cost of $125.84 per sqft. Before that, the property was also sold for $5,782 in Jun 4, 2015. 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 $2,165 in taxes each year. 1605 Crag Burn Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $211,879. 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 $167,879. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • 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: 4,792
  • Total Building Area: 1,629
  • Building Area: 1,629
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,629
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2550 CRAG BURN @ HDHM NUSE P3 98-1914

Ownership

  • Current Owner : DRAYER LEAH NICHOLE
  • Current Owner 2: FERGUSON ZACHARY KENNETH
  • Previous Owner : NC SDS LLC
  • Owner Before Previous Owner: CARMICHAEL HOPE DEBRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0250609
  • District: 17
  • Parcel: 1734.02-68-1711 0250609
  • Lot: 2550
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8063
  • Longitude: -78.5409

    Address

  • Full Address: 1605 Crag Burn Ln
  • Address - House Number: 1605
  • Address - Street Name: Crag Burn
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C039
  • 4-Digit Zip Code: 6903
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,165

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 362,676
  • High Value: 414,024
  • Low Value: 311,328

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $207,050
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 27, 2019
  • First Open Lien Mortgage Loan Amount: $198,850
  • 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, 2049
  • Second Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • Second Open Lien Mortgage Recording Date: Feb 27, 2019
  • Second Open Lien Mortgage Loan Amount: $8,200
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Market Valuation

  • Market Total Value: $211,879
  • Market Land Value: $44,000
  • Market Improvement Value: $167,879

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $211,879
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $167,879

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Transaction ID: 11575681622
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 04, 2015
  • Previous Sale Contract Date: Jun 04, 2015
  • Previous Sale Amount: $5,782
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Feb 27, 2019
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

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Frequently Asked Questions

What neighborhood is 1605 Crag Burn Lane located in?
The 1605 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 1605 Crag Burn Lane?
The average sales price for units in 1605 Crag Burn Lane is $0 currently.

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