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2116 Ridge Road

2116 Ridge Road, Raleigh, NC 27607
1 Units For Sale
Unit for sale at 2116 Ridge Road, Raleigh, NC 27607

$3,300,000

  • Loft
  • 5.5 Baths
  • 6,285 ft²
2116 Ridge Road, Raleigh, NC 27607 Listing by Jim Allen

Local assessors in Raleigh, NC have categorized 2116 Ridge Road as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 17,424 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 2116 Ridge Road has a total of 6,289 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 average. 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 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 Nov 30, 2023 for $3,000,000. That's $477.02 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2021 for $655,500. 2116 Ridge Road was last assessed in 2023. The total value of the property was assessed at $1,947,996. Specifically, the land the property is located on was valued at $436,500. While improvements on the property were assessed at a total of $1,511,496. 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 $12,996. 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220316
03/16/2022
5 Bed
5.5 Bath
6220 ft²
$3,500,000
bedrooms
5 Bed
bathrooms
5.5 Bath
square feet
6220 ft²
-
-
-
Jim Allen
Coldwell Banker Howard Perry and Walston

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 6,289
  • Building Area: 6,289
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,289
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLEY FOREST
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO5 COLEY FOREST BLA BM1954-00086

Ownership

  • Current Owner : DANNAR MICHAEL JOHN
  • Current Owner 2: DANNAR KENDRA R
  • Previous Owner : EXETER BUILDING COMPANY LLC
  • Owner Before Previous Owner: HAGLER JOHN BLAIR
  • Owner Before Previous Owner 2: HAGLER WILLA DEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag Date: Mar 07, 2024

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051501

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: BK 1954 PG 86
  • Account Number: 0027483
  • District: 01
  • Parcel: 0795.15-53-6542 0027483
  • Block: A
  • Lot: 5
  • Municipality: RALEIGH
  • Latitude: 35.82
  • Longitude: -78.6774

    Address

  • Full Address: 2116 Ridge Rd
  • Address - House Number: 2116
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 3148
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,996

    Appraisal Valuation

  • Standard Deviation: 0.4688
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 6
  • Final Value: 1,718,464
  • High Value: 2,524,183
  • Low Value: 912,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,250,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 04, 2023
  • First Open Lien Mortgage Loan Amount: $2,250,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $1,947,996
  • Market Land Value: $436,500
  • Market Improvement Value: $1,511,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,947,996
  • Assessed Land Value: $436,500
  • Assessed Improvements Value: $1,511,496

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Transaction ID: 11917339267
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 14, 2021
  • Previous Sale Contract Date: Jun 10, 2021
  • Previous Sale Amount: $655,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 04, 2023
  • First Mortgage Loan Amount: $2,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

About North Hills



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Frequently Asked Questions

What neighborhood is 2116 Ridge Road located in?
The 2116 Ridge Road is a house located in the neighborhood of Coley Forest in North Hills, Raleigh.
How many listings are currently for sale in 2116 Ridge Road?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2116 Ridge Road?
The average sales price for units in 2116 Ridge Road is $3,300,000 , or $525/sqft. currently.

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