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216 Pace Street

216 Pace Street, Raleigh, NC 27604
Sold Dec 13, 2019
$542,000
$431,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2036
Sold Sep 13, 2013
$463,000
$370,000 by Bank Of America Na
Mortgage Due Oct 01, 2043
Local assessors in Raleigh, NC have categorized 216 Pace Street as a residential type of property. The home was built in 1898 and is 126 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 3,485 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 2 full bathrooms. There are also 2 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 216 Pace Street has a total of 1,688 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. 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 frame control joints. The building has a gable style roof. 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. 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, 216 Pace Street was last sold in Dec 10, 2019 for $542,000. According to our calculations, that's $321.09 per sqft. Prior to that sales transaction, the property was sold for $463,000 in Sep 13, 2013. Current property owners are expected to pay $5,447 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 216 Pace Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $497,847. To break that down further, the land itself was valued at $256,500. While improvements to the property were assessed at a total of $241,347. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,688
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY ROBERT J SIEMS&GARY S
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO108

Ownership

  • Current Owner : DISNEY TASHA
  • Previous Owner : OSBORNE MICHAEL W
  • Previous Owner 2: OSBORNE NICOLE
  • Owner Before Previous Owner: BERNSTEIN RONALD J
  • Owner Before Previous Owner 2: BERNSTEIN ANN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050400

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0007746
  • District: 01
  • Parcel: 1704.20-82-2203 0007746
  • Lot: 108
  • Municipality: RALEIGH
  • Latitude: 35.7889
  • Longitude: -78.6351

    Address

  • Full Address: 216 Pace St
  • Address - House Number: 216
  • Address - Street Name: Pace
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C002
  • 4-Digit Zip Code: 1207
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,447
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 753,735
  • High Value: 880,371
  • Low Value: 627,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $431,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Loan Amount: $431,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $497,847
  • Market Land Value: $256,500
  • Market Improvement Value: $241,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,847
  • Assessed Land Value: $256,500
  • Assessed Improvements Value: $241,347

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Transaction ID: 11712352325
  • Current Sale Price: $542,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 13, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $463,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 13, 2019
  • First Mortgage Loan Amount: $433,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 13, 2013
  • Previous Mortgage Loan Amount: $370,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

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Frequently Asked Questions

What neighborhood is 216 Pace Street located in?
The 216 Pace Street is a house located in the neighborhood of Central Raleigh in Central Raleigh, Raleigh.
What is the average sales price for listings in 216 Pace Street?
The average sales price for units in 216 Pace Street is $0 currently.

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