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254 William Drummond Way

254 William Drummond Way, Raleigh, NC 27604
Townhouse in Central Raleigh
254 William Drummond Way in Raleigh, NC was first built in 2015 and is 9 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 254 William Drummond Way has 1,453 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 871 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating 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, 254 William Drummond Way sold most recently in Apr 16, 2020 for a total of $465,000. If you work out the math, that's approximately a cost of $320.03 per sqft. Before that, the property was also sold for $313,000 in Jun 16, 2015. 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 $4,531 in taxes each year. 254 William Drummond Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $413,393. If we break it down further, the land itself was valued at $140,000. Improvements to the property, however, were assessed at a total of $273,393. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

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
20200305
03/05/2020
3 Bed
3 Bath
1620 ft²
$449,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1620 ft²
$465,000 +3.56%
04/16/2020
Ann-Cabell Baum

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,453
  • Building Area: 1,453
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,453
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PEACE STREET TOWNES
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO3 PEACE STREET TOWNES BM2013-01507

Ownership

  • Current Owner : CLOETE WILLIAM JOSEPH
  • Current Owner 2: BAZELET CORINNA SARAH
  • Previous Owner : WARF DOUGLAS C
  • Previous Owner 2: WARF CRYSTAL P
  • Owner Before Previous Owner: BLOUNT ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0418929
  • District: 01
  • Parcel: 1704.20-81-3736 0418929
  • Lot: 3
  • Municipality: RALEIGH
  • Latitude: 35.7876
  • Longitude: -78.6347

    Address

  • Full Address: 254 William Drummond Way
  • Address - House Number: 254
  • 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: $4,531

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 626,177
  • High Value: 708,989
  • Low Value: 543,365

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,920
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2020
  • First Open Lien Mortgage Loan Amount: $371,920
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $413,393
  • Market Land Value: $140,000
  • Market Improvement Value: $273,393

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,393
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $273,393

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Transaction ID: 11762342396
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Jun 16, 2015
  • Previous Sale Amount: $313,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 16, 2020
  • First Mortgage Loan Amount: $371,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 16, 2015
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 254 William Drummond Way located in?
The 254 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 254 William Drummond Way?
The average sales price for units in 254 William Drummond Way is $449,000 , or $277/sqft. currently.

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