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2008 Lowery Farm Lane

2008 Lowery Farm Lane, Raleigh, NC 27614
House in River Run
Sold Oct 30, 2019
$515,000
$412,000 by Bank Of America Na
Mortgage Due Nov 01, 2049
Sold Aug 31, 2005
$516,000
$257,200 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2035
2008 Lowery Farm Lane in Raleigh, NC was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2008 Lowery Farm Lane has 3,714 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 600 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2008 Lowery Farm Lane was last sold in Oct 15, 2019 for $515,000. According to our calculations, that's $138.66 per sqft. Prior to that sales transaction, the property was sold for $516,000 in Aug 30, 2005. Current property owners are expected to pay $5,114 in taxes per year. The property on 2008 Lowery Farm Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $503,096. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $408,096. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,714
  • Building Area: 3,714
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,714
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIVER RUN SUB
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO33 RIVER RUN SUB PH1 BM2004-02199

Ownership

  • Current Owner : GRAHAM STEPHEN MARTIN
  • Current Owner 2: DHIMA NASHJETA
  • Previous Owner : STRICKLAND JAMES HARPER
  • Previous Owner 2: STRICKLAND LORI MURRAY
  • Owner Before Previous Owner: JOHN WIELAND HOMES & NEIGHBORHOODS OF TH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054013

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0325183
  • District: 13
  • Subdivision Phase Number: 1
  • Parcel: 1729.04-54-1646 0325183
  • Lot: 33
  • Municipality: NEUSE
  • Latitude: 35.9327
  • Longitude: -78.5773

    Address

  • Full Address: 2008 Lowery Farm Ln
  • Address - House Number: 2008
  • Address - Street Name: Lowery Farm
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R074
  • 4-Digit Zip Code: 7892
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,114

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 79
  • Final Value: 807,446
  • High Value: 940,750
  • Low Value: 674,142

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $762,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Nov 01, 2049
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Aug 10, 2022
  • Second Open Lien Mortgage Loan Amount: $350,000
  • 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: $503,096
  • Market Land Value: $95,000
  • Market Improvement Value: $408,096

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $503,096
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $408,096

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11678292360
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Contract Date: Aug 30, 2005
  • Previous Sale Amount: $516,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 31, 2005
  • Previous Mortgage Loan Amount: $257,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 2008 Lowery Farm Lane located in?
The 2008 Lowery Farm Lane is a house located in the neighborhood of River Run in North Raleigh, Raleigh.
What is the average sales price for listings in 2008 Lowery Farm Lane?
The average sales price for units in 2008 Lowery Farm Lane is $525,000 , or $136/sqft. currently.

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