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2711 Ashland Street

2711 Ashland Street, Raleigh, NC 27608
Sold Jun 24, 2019
$525,000
$465,000 by American Federal Mortgage Corp
Mortgage Due Jul 01, 2035
Sold Jun 29, 2005
$262,500
$206,200 by Monticello Bank
Mortgage Due Jul 01, 2035
Local assessors in Raleigh, NC have categorized 2711 Ashland Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 13,504 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2711 Ashland Street has a total of 1,602 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 average. The building has a gable style roof. Lots of alum/vinyl siding 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. 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, 2711 Ashland Street sold most recently in Jun 24, 2019 for a total of $525,000. If you work out the math, that's approximately a cost of $327.72 per sqft. Before that, the property was also sold for $262,500 in Jun 27, 2005. 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 $5,309 in taxes each year. 2711 Ashland Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $522,418. If we break it down further, the land itself was valued at $264,600. Improvements to the property, however, were assessed at a total of $257,818. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,602
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WAYLAND HEIGHTS SUB
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO48 WAYLAND HEIGHTS SUB BM1935-103

Ownership

  • Current Owner : UNGER MATTHEW ELLIOT
  • Current Owner 2: UNGER ERICA
  • Previous Owner : WOHL THOMAS
  • Previous Owner 2: KILARU RAKHI
  • Owner Before Previous Owner: CARR WILLIAM G
  • Owner Before Previous Owner 2: CARR FRANCES P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0043593
  • District: 01
  • Parcel: 1705.17-00-7212 0043593
  • Lot: 48
  • Municipality: RALEIGH
  • Latitude: 35.8109
  • Longitude: -78.6603

    Address

  • Full Address: 2711 Ashland St
  • Address - House Number: 2711
  • Address - Street Name: Ashland
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C017
  • 4-Digit Zip Code: 1225
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,309

    Appraisal Valuation

  • Standard Deviation: 0.1181
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 87
  • Final Value: 828,289
  • High Value: 926,159
  • Low Value: 730,420

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $685,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 06, 2022
  • Second Open Lien Mortgage Loan Amount: $220,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $522,418
  • Market Land Value: $264,600
  • Market Improvement Value: $257,818

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $522,418
  • Assessed Land Value: $264,600
  • Assessed Improvements Value: $257,818

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11623083793
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $472,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MONTICELLO BANK
  • Previous Mortgage Transaction Date: Jun 29, 2005
  • Previous Mortgage Loan Amount: $206,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 2711 Ashland Street located in?
The 2711 Ashland Street is a house located in the neighborhood of Wayland Heights in University, Raleigh.
What is the average sales price for listings in 2711 Ashland Street?
The average sales price for units in 2711 Ashland Street is $0 currently.

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