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308 Martindale Drive

308 Martindale Drive, Raleigh, NC 27614
Property in Cedar Valley
Sold Aug 16, 2017
$439,000
$405,000 by Lenderfi Inc
Mortgage Due Aug 01, 2051
Sold Oct 06, 2015
$385,000
$365,750 by Corporate Investors Mortgage G
Mortgage Due Nov 01, 2045
308 Martindale 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 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 2016. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 308 Martindale Drive has 2,767 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 41,382 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 576 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. The building has a gable style roof. 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 wood. 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. 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, 308 Martindale Drive was last sold in Aug 11, 2017 for $439,000. According to our calculations, that's $158.66 per sqft. Prior to that sales transaction, the property was sold for $385,000 in Oct 5, 2015. Current property owners are expected to pay $3,277 in taxes per year. The property on 308 Martindale Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $450,959. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $350,959. 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. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2016
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 2,767
  • Building Area: 2,767
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,767
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CEDAR VALLEY SUB
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO22 CEDAR VALLEY SUB BM1986-00306

Ownership

  • Current Owner : QUINN BENJAMIN
  • Current Owner 2: QUINN KATHRYN
  • Previous Owner : LEE PATRICK M
  • Previous Owner 2: CHANCEY THOMAS
  • Owner Before Previous Owner: GREUNE DAVID W
  • Owner Before Previous Owner 2: GREUNE MARY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053806

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0151682
  • District: 02
  • Parcel: 1709.02-55-2019 0151682
  • Lot: 22
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9341
  • Longitude: -78.6446

    Address

  • Full Address: 308 Martindale Dr
  • Address - House Number: 308
  • Address - Street Name: Martindale
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R014
  • 4-Digit Zip Code: 9508
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,277

    Appraisal Valuation

  • Standard Deviation: 0.1328
  • Valuation Date: Oct 19, 2022
  • Confidence Score: 84
  • Final Value: 763,636
  • High Value: 865,092
  • Low Value: 662,179

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $482,000
  • First Open Lien Mortgage Lender: LENDERFI INC
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Second Open Lien Mortgage Recording Date: Oct 19, 2022
  • Second Open Lien Mortgage Loan Amount: $77,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 29, 2042

    Market Valuation

  • Market Total Value: $450,959
  • Market Land Value: $100,000
  • Market Improvement Value: $350,959

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $450,959
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $350,959

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 16, 2017
  • Current Sale Transaction ID: 1732602376
  • Current Sale Price: $439,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: Oct 05, 2015
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 16, 2017
  • First Mortgage Loan Amount: $351,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Oct 06, 2015
  • Previous Mortgage Loan Amount: $365,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Cedar Valley



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Frequently Asked Questions

What neighborhood is 308 Martindale Drive located in?
The 308 Martindale Drive is a located in the neighborhood of Cedar Valley in Cedar Valley, Raleigh.
What is the average sales price for listings in 308 Martindale Drive?
The average sales price for units in 308 Martindale Drive is $0 currently.

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