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1914 Lewis Circle

1914 Lewis Circle, Raleigh, NC 27608
House in Budleigh
Sold May 09, 2022
$3,458
$1,500,000 by First-citizens Bank & Trust Co
Mortgage
Sold Mar 23, 2021
$1,650,000
$950,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Local assessors in Raleigh, NC have categorized 1914 Lewis Circle as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 21,780 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 1914 Lewis Circle has a total of 6,094 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,099 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 roof that is made of asbestos. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 4, 2022 for $3,458. That's $0.57 per sqft. Prior to that sales transaction, the property was also sold in Mar 18, 2021 for $1,650,000. 1914 Lewis Circle was last assessed in 2022. The total value of the property was assessed at $1,655,502. Specifically, the land the property is located on was valued at $557,812. While improvements on the property were assessed at a total of $1,097,690. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $16,782. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asbestos
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,099
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 6,094
  • Building Area: 6,094
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,094
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY ESTS BLDG CO INC
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO5 ESTS BLDCO BM2004-01437

Ownership

  • Current Owner : TEEL MICHAEL SHANNON
  • Current Owner 2: TEEL JAYNE POTTER
  • Previous Owner : THOMAS
  • Previous Owner 2: WENDY
  • Owner Before Previous Owner: MCDOUGAL GREGG E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0064593
  • District: 01
  • Parcel: 1704.05-09-5680 0064593
  • Lot: 5
  • Municipality: RALEIGH
  • Latitude: 35.8092
  • Longitude: -78.6607

    Address

  • Full Address: 1914 Lewis Cir
  • Address - House Number: 1914
  • Address - Street Name: Lewis
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C019
  • 4-Digit Zip Code: 1352
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,782

    Appraisal Valuation

  • Standard Deviation: 0.1436
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 82
  • Final Value: 1,818,982
  • High Value: 2,080,268
  • Low Value: 1,557,695

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Jul 19, 2022
  • Second Open Lien Mortgage Loan Amount: $250,000
  • 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: $1,655,502
  • Market Land Value: $557,812
  • Market Improvement Value: $1,097,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,655,502
  • Assessed Land Value: $557,812
  • Assessed Improvements Value: $1,097,690

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11887423441
  • Current Sale Price: $3,458
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 23, 2021
  • Previous Sale Contract Date: Mar 18, 2021
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 23, 2021
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 1914 Lewis Circle located in?
The 1914 Lewis Circle is a house located in the neighborhood of Budleigh in University, Raleigh.
What is the average sales price for listings in 1914 Lewis Circle?
The average sales price for units in 1914 Lewis Circle is $0 currently.

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