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1925 Bates Street

1925 Bates Street, Raleigh, NC 27610
Sold Sep 18, 1998
$69,000
$81,200 by Irwin Mtg Corp
Mortgage Due Oct 01, 2028
Local assessors in Raleigh, NC have categorized 1925 Bates Street as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 7,841 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 is one full bathroom. There is also a partial bathroom. 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 1925 Bates Street has a total of 975 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 good. 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 brick control joints. The building has a gable style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with nothing. 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, 1925 Bates Street sold most recently in Aug 31, 1998 for a total of $69,000. If you work out the math, that's approximately a cost of $70.77 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 $1,278 in taxes each year. 1925 Bates Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $124,201. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $74,201. 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: 1960
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • 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: 7,841
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 975
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROCHESTER HEIGHTS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO20 ROCHESTER SE2 BLE

Ownership

  • Current Owner : HARDING FLOYD COOLEY
  • Previous Owner : EVERETTE ARTHUR S
  • Previous Owner 2: JONES EVERETTE CHERRYL
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052101

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0021287
  • District: 01
  • Section: 2
  • Parcel: 1712.05-09-7666 0021287
  • Lot: 20
  • Municipality: RALEIGH
  • Latitude: 35.7543
  • Longitude: -78.6267

    Address

  • Full Address: 1925 Bates St
  • Address - House Number: 1925
  • Address - Street Name: Bates
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C013
  • 4-Digit Zip Code: 4001
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,278

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 251,267
  • High Value: 282,369
  • Low Value: 220,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,427
  • First Open Lien Mortgage Lender: IRWIN MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 18, 1998
  • First Open Lien Mortgage Loan Amount: $81,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2028
  • Second Open Lien Mortgage Loan Amount: $3,227

    Market Valuation

  • Market Total Value: $124,201
  • Market Land Value: $50,000
  • Market Improvement Value: $74,201

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,201
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $74,201

    Sales

  • Current Sale Contract Date: Aug 31, 1998
  • Current Sale Recording Date: Sep 18, 1998
  • Current Sale Transaction ID: 11472552963
  • Current Sale Price: $69,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IRWIN MTG CORP
  • First Mortgage Transaction Date: Sep 18, 1998
  • First Mortgage Loan Amount: $81,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2028
  • Second Mortgage Loan Amount: $3,227

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Frequently Asked Questions

What neighborhood is 1925 Bates Street located in?
The 1925 Bates Street is a located in the neighborhood of Rochester Heights in Southeast Raleigh, Raleigh.
What is the average sales price for listings in 1925 Bates Street?
The average sales price for units in 1925 Bates Street is $0 currently.

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