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2403 Kilgore Avenue

2403 Kilgore Avenue, Raleigh, NC 27607
Property in Oberlin Village
Sold Mar 22, 2016
$718,000
$538,372 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2046
Sold Sep 29, 2014
$180,000
2403 Kilgore Avenue has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 2015 and is 9 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2403 Kilgore Avenue has 3,040 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 396 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2403 Kilgore Avenue sold most recently in Mar 18, 2016 for a total of $718,000. If you work out the math, that's approximately a cost of $236.18 per sqft. Before that, the property was also sold for $180,000 in Sep 29, 2014. 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 $8,067 in taxes each year. 2403 Kilgore Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $794,781. If we break it down further, the land itself was valued at $275,000. Improvements to the property, however, were assessed at a total of $519,781. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,040
  • Building Area: 3,040
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,040
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRGROUND PARK
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO38 FAIRGROUND PK

Ownership

  • Current Owner : SIMMONS BRIAN R
  • Current Owner 2: SIMMONS ELIZABETH
  • Previous Owner : KILGORE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051200

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0078054
  • District: 01
  • Parcel: 0794.16-93-1500 0078054
  • Lot: 38
  • Municipality: RALEIGH
  • Latitude: 35.7925
  • Longitude: -78.6658

    Address

  • Full Address: 2403 Kilgore Ave
  • Address - House Number: 2403
  • Address - Street Name: Kilgore
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 7335
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,067

    Appraisal Valuation

  • Standard Deviation: 0.1336
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 84
  • Final Value: 1,196,157
  • High Value: 1,356,050
  • Low Value: 1,036,264

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $783,372
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $538,372
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046
  • Second Open Lien Mortgage Lender: THE FIDELITY BANK
  • Second Open Lien Mortgage Recording Date: Aug 19, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $245,000
  • 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: $794,781
  • Market Land Value: $275,000
  • Market Improvement Value: $519,781

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $794,781
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $519,781

    Sales

  • Current Sale Contract Date: Mar 18, 2016
  • Current Sale Recording Date: Mar 22, 2016
  • Current Sale Transaction ID: 11475816766
  • Current Sale Price: $718,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 29, 2014
  • Previous Sale Contract Date: Sep 29, 2014
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 22, 2016
  • First Mortgage Loan Amount: $538,372
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About University



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Frequently Asked Questions

What neighborhood is 2403 Kilgore Avenue located in?
The 2403 Kilgore Avenue is a located in the neighborhood of Oberlin Village in University, Raleigh.
What is the average sales price for listings in 2403 Kilgore Avenue?
The average sales price for units in 2403 Kilgore Avenue is $0 currently.

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