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1925 Grassy Banks Drive

1925 Grassy Banks Drive, Raleigh, NC 27610
Sold Jul 15, 2019
$186,000
$182,761 by Better Mortgage Corporation
Mortgage Due Oct 01, 2051
Sold Jul 28, 2016
$138,500
$131,575 by Gateway Bank Mortgage Inc
Mortgage Due Aug 01, 2046
1925 Grassy Banks Drive 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 2008 and is 16 years old. However, we must point out that the home was most recently renovated and altered in 2012. 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, 1925 Grassy Banks Drive has 1,532 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1925 Grassy Banks Drive was last sold in Jul 15, 2019 for $186,000. According to our calculations, that's $121.41 per sqft. Prior to that sales transaction, the property was sold for $138,500 in Jul 28, 2016. Current property owners are expected to pay $1,847 in taxes per year. The property on 1925 Grassy Banks Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $180,404. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $150,404. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Assigned Parking
Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,532
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO541 EDGEWATER TOWNHOMES TRMR2 BM2008-00644

Ownership

  • Current Owner : BROWN BARRY ALEXANDER
  • Previous Owner : COOK CARYN MARIE
  • Owner Before Previous Owner: MASON THELMA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0365722
  • District: 17
  • Subdivision Tract Number: MR2
  • Parcel: 1734.14-44-9877 0365722
  • Lot: 541
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7958
  • Longitude: -78.5448

    Address

  • Full Address: 1925 Grassy Banks Dr
  • Address - House Number: 1925
  • Address - Street Name: Grassy Banks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C027
  • 4-Digit Zip Code: 6473
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,847

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 73
  • Final Value: 287,763
  • High Value: 344,336
  • Low Value: 231,190

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,761
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $182,761
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $180,404
  • Market Land Value: $30,000
  • Market Improvement Value: $150,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,404
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $150,404

    Sales

  • Current Sale Contract Date: Jul 15, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11634202225
  • Current Sale Price: $186,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 28, 2016
  • Previous Sale Contract Date: Jul 28, 2016
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $180,420
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 28, 2016
  • Previous Mortgage Loan Amount: $131,575
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 1925 Grassy Banks Drive located in?
The 1925 Grassy Banks Drive is a townhouse located in the neighborhood of Edgewater Townhomes in Southeast Raleigh, Raleigh.
What is the average sales price for listings in 1925 Grassy Banks Drive?
The average sales price for units in 1925 Grassy Banks Drive is $0 currently.

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