Sold Jun 04, 2015
$215,000
Buyer
$161,250
by Paragon Commercial Bank
Mortgage
Sold Aug 30, 2013
$195,000
Buyer
Seller
$100,000
by State Employees Cu
Mortgage Due Sep 01, 2043
2537 Lake Wheeler Road 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 1985 and is 39 years old.
The building has a total of 2 stories.
In addition, 2537 Lake Wheeler Road has 2,580 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 17,860 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 building has a gable style roof. 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 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, 2537 Lake Wheeler Road sold most recently in Jun 4, 2015 for a total of $215,000. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $195,000 in Aug 27, 2013. 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 $60 in taxes each year. 2537 Lake Wheeler Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $274,127. If we break it down further, the land itself was valued at $80,750. Improvements to the property, however, were assessed at a total of $193,377. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. 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 building has a gable style roof. 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 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, 2537 Lake Wheeler Road sold most recently in Jun 4, 2015 for a total of $215,000. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $195,000 in Aug 27, 2013. 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 $60 in taxes each year. 2537 Lake Wheeler Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $274,127. If we break it down further, the land itself was valued at $80,750. Improvements to the property, however, were assessed at a total of $193,377. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.
2537 Lake Wheeler Road, Raleigh, NC 27603
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