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2608 Lochmore Drive

2608 Lochmore Drive, Raleigh, NC 27608
Property in Anderson Heights
1 Units For Sale
Unit for sale at 2608 Lochmore Drive, Raleigh, NC 27608

$1,485,000 ↓ $60K

  • Loft
  • 3.5 Baths
  • 3,721 ft²
2608 Lochmore Drive, Raleigh, NC 27608 Listing by Mary Kathryn Basnight

Local assessors in Raleigh, NC have categorized 2608 Lochmore Drive as a residential type of property. The home was built in 1932 and is 92 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 7,405 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 3 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 2608 Lochmore Drive has a total of 3,283 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. The building has a gable style roof. Lots of rock and stone 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2608 Lochmore Drive was last sold in Sep 26, 2023 for $1,200,000. According to our calculations, that's $365.52 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Feb 16, 1999. Current property owners are expected to pay $9,196 in taxes per year. The property on 2608 Lochmore Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $841,802. To break that down further, the land itself was valued at $365,750. While improvements to the property were assessed at a total of $476,052. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1990
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Stone
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 8
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,283
  • Building Area: 3,283
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,283
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KENMOOR
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO50 GRPT 49 & SMPT 44 KENMORE 83-505

Ownership

  • Current Owner : PHIPPS PETER
  • Current Owner 2: PHIPPS STEPHANIE
  • Previous Owner : SCOTT
  • Previous Owner 2: PEYTON HATFIELD
  • Owner Before Previous Owner: SAUSSY DAVID L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0045346
  • District: 01
  • Parcel: 1705.19-60-0910 0045346
  • Lot: 50
  • Municipality: RALEIGH
  • Latitude: 35.8127
  • Longitude: -78.6424

    Address

  • Full Address: 2608 Lochmore Dr
  • Address - House Number: 2608
  • Address - Street Name: Lochmore
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C008
  • 4-Digit Zip Code: 1422
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,196

    Appraisal Valuation

  • Standard Deviation: 0.0686
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 96
  • Final Value: 1,512,377
  • High Value: 1,616,145
  • Low Value: 1,408,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2023
  • First Open Lien Mortgage Loan Amount: $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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $841,802
  • Market Land Value: $365,750
  • Market Improvement Value: $476,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $841,802
  • Assessed Land Value: $365,750
  • Assessed Improvements Value: $476,052

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Transaction ID: 11914333289
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 16, 1999
  • Previous Sale Contract Date: Feb 16, 1999
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 28, 2023
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBIA NATIONAL INC
  • Previous Mortgage Transaction Date: Feb 16, 1999
  • Previous Mortgage Loan Amount: $316,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2029

About University



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2608 Lochmore Drive located in?
The 2608 Lochmore Drive is a located in the neighborhood of Anderson Heights in University, Raleigh.
How many listings are currently for sale in 2608 Lochmore Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2608 Lochmore Drive?
The average sales price for units in 2608 Lochmore Drive is $1,485,000 , or $399/sqft. currently.

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