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2417 Laurel Falls Lane

2417 Laurel Falls Lane, Raleigh, NC 27603
Property in Trailwood Hills
Sold Jul 31, 2018
$211,000
$168,800 by State Employees Cu
Mortgage Due Aug 01, 2048
Sold Jul 03, 2018
$190,000
$190,000 by Choice Rentals Llc
Mortgage Due Aug 02, 2018
Local assessors in Raleigh, NC have categorized 2417 Laurel Falls Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 6,098 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 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 2417 Laurel Falls Lane has a total of 2,069 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 621 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 238 sqft. The building has a gable style roof. Lots of alum/vinyl siding 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 Jul 31, 2018 for $211,000. That's $101.98 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2018 for $190,000. 2417 Laurel Falls Lane was last assessed in 2022. The total value of the property was assessed at $253,621. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $193,621. 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 $2,588. 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. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 621
  • Garage Type: Garage
  • Garage Square Area: 238
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,069
  • Building Area: 2,069
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,069
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRAILWOOD HILLS SUB
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO116 TRAILWOOD HILLS SUB PH4 BM1996-1183

Ownership

  • Current Owner : CHEN GRACE Q
  • Current Owner 2: WEI WILLIAM J
  • Previous Owner : TEAM FOR YOUR DREAMS INC
  • Owner Before Previous Owner: GARDNER JAMES A
  • Owner Before Previous Owner 2: GARDNER HELEN K

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052302

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0228745
  • District: 18
  • Subdivision Phase Number: 4
  • Parcel: 0792.06-47-1619 0228745
  • Lot: 116
  • Municipality: SWIFT CREEK
  • Latitude: 35.749
  • Longitude: -78.6829

    Address

  • Full Address: 2417 Laurel Falls Ln
  • Address - House Number: 2417
  • Address - Street Name: Laurel Falls
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C015
  • 4-Digit Zip Code: 5885
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,588

    Appraisal Valuation

  • Standard Deviation: 0.141
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 425,095
  • High Value: 485,038
  • Low Value: 365,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,800
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jul 31, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $168,800
  • 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: Aug 01, 2048

    Market Valuation

  • Market Total Value: $253,621
  • Market Land Value: $60,000
  • Market Improvement Value: $193,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,621
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $193,621

    Sales

  • Current Sale Contract Date: Jul 31, 2018
  • Current Sale Recording Date: Jul 31, 2018
  • Current Sale Transaction ID: 11489662913
  • Current Sale Price: $211,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 25, 2018
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 31, 2018
  • First Mortgage Loan Amount: $168,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHOICE RENTALS LLC
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 02, 2018

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Frequently Asked Questions

What neighborhood is 2417 Laurel Falls Lane located in?
The 2417 Laurel Falls Lane is a located in the neighborhood of Trailwood Hills in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 2417 Laurel Falls Lane?
The average sales price for units in 2417 Laurel Falls Lane is $0 currently.

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