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2115 Reaves Drive

2115 Reaves Drive, Raleigh, NC 27608
Property in Oxford Park
Sold Apr 26, 2021
$510,000
$408,000 by North State Bank
Mortgage Due May 01, 2051
2115 Reaves Drive in Raleigh, NC was first built in 1943 and is 81 years old. Although, the building on the property was most recently renovated and altered in 1970. 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 is only one bathroom. There are 2 partial bathrooms. 2115 Reaves Drive has 1,648 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 20,038 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. 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 frame control joints. 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. 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. The property was last sold in Apr 20, 2021 for $510,000. That's $309.47 per sqft. 2115 Reaves Drive was last assessed in 2022. The total value of the property was assessed at $454,752. Specifically, the land the property is located on was valued at $346,500. While improvements on the property were assessed at a total of $108,252. 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 $4,624. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLA PARK
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO11-14 & 35 VILLA PARK BM1935-00038

Ownership

  • Current Owner : TOOLE LAUREN
  • Current Owner 2: MORRIS SETH
  • Previous Owner : BURWELL WALTER BRODIE
  • Previous Owner 2: BURWELL CONNIE HAYWORTH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: BK 1935 PG 38
  • Account Number: 0015328
  • District: 01
  • Parcel: 1705.19-70-0403 0015328
  • Lot: 11-14
  • Municipality: RALEIGH
  • Latitude: 35.8114
  • Longitude: -78.6391

    Address

  • Full Address: 2115 Reaves Dr
  • Address - House Number: 2115
  • Address - Street Name: Reaves
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C021
  • 4-Digit Zip Code: 1642
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,624

    Appraisal Valuation

  • Standard Deviation: 0.123
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 86
  • Final Value: 673,420
  • High Value: 756,260
  • Low Value: 590,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $408,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $454,752
  • Market Land Value: $346,500
  • Market Improvement Value: $108,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $454,752
  • Assessed Land Value: $346,500
  • Assessed Improvements Value: $108,252

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11841011300
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $408,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About University



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Frequently Asked Questions

What neighborhood is 2115 Reaves Drive located in?
The 2115 Reaves Drive is a located in the neighborhood of Oxford Park in University, Raleigh.
What is the average sales price for listings in 2115 Reaves Drive?
The average sales price for units in 2115 Reaves Drive is $0 currently.

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