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2125 Karns Place

2125 Karns Place, Raleigh, NC 27614
Sold Sep 14, 2020
$380,000
$342,000 by First Heritage Mortgage Llc
Mortgage Due Oct 01, 2050
Sold Dec 31, 2003
$244,000
$195,100 by Southeastern Residential Mortg
Mortgage Due Jan 01, 2034
2125 Karns Place in Raleigh, NC was first built in 2003 and is 21 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 2 full bathrooms. There are 3 partial bathrooms. 2125 Karns Place has 2,190 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 5,227 square feet.

Learn more about the property and building on this page. The home has a hip style roof. 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 420 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 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 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. 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, 2125 Karns Place sold most recently in Aug 25, 2020 for a total of $380,000. If you work out the math, that's approximately a cost of $173.52 per sqft. Before that, the property was also sold for $244,000 in Dec 31, 2003. 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 $3,506 in taxes each year. 2125 Karns Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $344,318. If we break it down further, the land itself was valued at $67,000. Improvements to the property, however, were assessed at a total of $277,318. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,190
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIV
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1139 BEDFORD @ FALLS RIV P26 02-1710

Ownership

  • Current Owner : BARKER CAROLINE
  • Current Owner 2: BARKER ALEXANDER
  • Previous Owner : FERGUSON KEVIN JAMES
  • Previous Owner 2: FERGUSON CYNTHIA DIANE
  • Owner Before Previous Owner: PRESERVATION HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0304018
  • District: 13
  • Parcel: 1729.04-62-9057 0304018
  • Lot: 1139
  • Municipality: NEUSE
  • Latitude: 35.9255
  • Longitude: -78.5712

    Address

  • Full Address: 2125 Karns Pl
  • Address - House Number: 2125
  • Address - Street Name: Karns
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R079
  • 4-Digit Zip Code: 7240
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,506

    Appraisal Valuation

  • Standard Deviation: 0.1312
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 554,722
  • High Value: 627,520
  • Low Value: 481,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $344,318
  • Market Land Value: $67,000
  • Market Improvement Value: $277,318

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $344,318
  • Assessed Land Value: $67,000
  • Assessed Improvements Value: $277,318

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11805408949
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 31, 2003
  • Previous Sale Contract Date: Dec 31, 2003
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHEASTERN RESIDENTIAL MORTG
  • Previous Mortgage Transaction Date: Dec 31, 2003
  • Previous Mortgage Loan Amount: $195,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

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Frequently Asked Questions

What neighborhood is 2125 Karns Place located in?
The 2125 Karns Place is a house located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 2125 Karns Place?
The average sales price for units in 2125 Karns Place is $385,000 , or $172/sqft. currently.

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