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2439 West Lake Drive

2439 West Lake Drive, Raleigh, NC 27609
Sold Oct 22, 2020
$2,800,000
$1,960,000 by Bank Of America Na
Mortgage Due Nov 01, 2050
Sold Feb 22, 2005
$7,000
2439 West Lake Drive 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 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2021. 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, 2439 West Lake Drive has 5,143 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 58,370 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 1,042 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 concrete block control joints. The exterior walls of the building are made of stucco. 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. The property was last sold in Oct 20, 2020 for $2,800,000. That's $544.43 per sqft. Prior to that sales transaction, the property was also sold in Jan 31, 2005 for $7,000. 2439 West Lake Drive was last assessed in 2022. The total value of the property was assessed at $1,986,181. Specifically, the land the property is located on was valued at $718,750. While improvements on the property were assessed at a total of $1,267,431. 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 $20,130. 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. 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

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,042
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 58,370
  • Total Building Area: 5,143
  • Building Area: 5,143
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,143
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODROW PARK
  • Land Acres: 1.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2 WOODROW PARK BM2005-00308

Ownership

  • Current Owner : THE MARK D MORELLI REVOCABLE TRUST
  • Previous Owner : BENSON CLIFTON L
  • Previous Owner 2: BENSON ANNA U
  • Owner Before Previous Owner: BENSON CLIFTON L
  • Owner Before Previous Owner 2: BENSON ANNA U
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051700

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0064539
  • District: 01
  • Parcel: 1705.14-42-8763 0064539
  • Lot: 2
  • Municipality: RALEIGH
  • Latitude: 35.8177
  • Longitude: -78.6463

    Address

  • Full Address: 2439 W Lake Dr
  • Address - House Number: 2439
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 7656
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,130

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 71
  • Final Value: 2,207,568
  • High Value: 2,520,505
  • Low Value: 1,894,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,960,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,960,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $1,986,181
  • Market Land Value: $718,750
  • Market Improvement Value: $1,267,431

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,986,181
  • Assessed Land Value: $718,750
  • Assessed Improvements Value: $1,267,431

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11825561450
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 22, 2005
  • Previous Sale Contract Date: Jan 31, 2005
  • Previous Sale Amount: $7,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $1,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About North Hills



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Frequently Asked Questions

What neighborhood is 2439 West Lake Drive located in?
The 2439 West Lake Drive is a house located in the neighborhood of Woodrow Park in North Hills, Raleigh.
What is the average sales price for listings in 2439 West Lake Drive?
The average sales price for units in 2439 West Lake Drive is $0 currently.

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