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1708 Crag Burn Lane

1708 Crag Burn Lane, Raleigh, NC 27604
Property in Hedingham
Sold Aug 23, 2010
$151,000
$203,000 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2042
Sold Jul 01, 2004
$145,000
$116,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2034
1708 Crag Burn Lane has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1708 Crag Burn Lane has 1,496 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,792 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1708 Crag Burn Lane sold most recently in Aug 20, 2010 for a total of $151,000. If you work out the math, that's approximately a cost of $100.94 per sqft. Before that, the property was also sold for $145,000 in Jun 28, 2004. 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 $2,148 in taxes each year. 1708 Crag Burn Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $210,203. 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 $161,803. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,496
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRAG BRUN HEDINGHAM NEUSE
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2528 CRAG BURN@HDNGHM NUSE P2 97-1760

Ownership

  • Current Owner : WRIGHT AMBER KELLY
  • Previous Owner : CHI LONG K
  • Owner Before Previous Owner: ALLEN PAUL JEFFREY
  • Owner Before Previous Owner 2: ALLEN JENNIFER HOLLEMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0238129
  • District: 17
  • Parcel: 1734.02-59-8030 0238129
  • Lot: 2528
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8071
  • Longitude: -78.5419

    Address

  • Full Address: 1708 Crag Burn Ln
  • Address - House Number: 1708
  • Address - Street Name: Crag Burn
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C039
  • 4-Digit Zip Code: 6900
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,148

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 75
  • Final Value: 348,882
  • High Value: 413,082
  • Low Value: 284,681

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 13, 2022
  • First Open Lien Mortgage Loan Amount: $203,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042

    Market Valuation

  • Market Total Value: $210,203
  • Market Land Value: $48,400
  • Market Improvement Value: $161,803

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,203
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $161,803

    Sales

  • Current Sale Contract Date: Aug 20, 2010
  • Current Sale Recording Date: Aug 23, 2010
  • Current Sale Transaction ID: 1129868131
  • Current Sale Price: $151,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2004
  • Previous Sale Contract Date: Jun 28, 2004
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 23, 2010
  • First Mortgage Loan Amount: $133,947
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2040
  • Second Mortgage Lender: CITY OF RALEIGH COMMUNITY DEVE
  • Second Mortgage Transaction Date: Aug 23, 2010
  • Second Mortgage Loan Amount: $20,000
  • Second Mortgage Terms: 299
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 01, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 1708 Crag Burn Lane located in?
The 1708 Crag Burn Lane is a located in the neighborhood of Hedingham in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 1708 Crag Burn Lane?
The average sales price for units in 1708 Crag Burn Lane is $0 currently.

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