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242 William Drummond Way

242 William Drummond Way, Raleigh, NC 27604
Townhouse in Central Raleigh
242 William Drummond Way 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 2014 and is 10 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 242 William Drummond Way has 1,215 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 871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 brick control joints. The exterior walls of the building are made of brick. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Mar 8, 2019 for $367,500. That's $302.47 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2015 for $250,000. 242 William Drummond Way was last assessed in 2022. The total value of the property was assessed at $362,750. Specifically, the land the property is located on was valued at $140,000. While improvements on the property were assessed at a total of $222,750. 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 $3,978. 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. 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.

Building Features

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190207
02/07/2019
2 Bed
2 Bath
1187 ft²
$375,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1187 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAP OF CORRECTION PEACE STREET TOWNES
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO8 PEACE STREET TOWNES BM2013-01507

Ownership

  • Current Owner : QUIGLESS MARYANNA
  • Previous Owner : CABA PROPERTIES LLC
  • Owner Before Previous Owner: BLOUNT ASSOCIATES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: RML
  • Census Tract: 050100

Zoning

  • Zoning: PD

Geography

  • Account Number: 0418935
  • District: 01
  • Parcel: 1704.20-81-2745 0418935
  • Lot: 8
  • Municipality: RALEIGH
  • Latitude: 35.7875
  • Longitude: -78.635

    Address

  • Full Address: 242 William Drummond Way
  • Address - House Number: 242
  • Address - Street Name: William Drummond
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C002
  • 4-Digit Zip Code: 1154
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,978

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 547,849
  • High Value: 620,316
  • Low Value: 475,382

    Market Valuation

  • Market Total Value: $362,750
  • Market Land Value: $140,000
  • Market Improvement Value: $222,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $362,750
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $222,750

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Transaction ID: 11583725578
  • Current Sale Price: $367,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 07, 2015
  • Previous Sale Contract Date: May 05, 2015
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 08, 2019
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTATLANTIC BANK
  • Previous Mortgage Transaction Date: May 07, 2015
  • Previous Mortgage Loan Amount: $199,900
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 242 William Drummond Way located in?
The 242 William Drummond Way is a townhouse located in the neighborhood of Central Raleigh in Central Raleigh, Raleigh.
What is the average sales price for listings in 242 William Drummond Way?
The average sales price for units in 242 William Drummond Way is $0 currently.

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