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3101 Arrowwood Drive

3101 Arrowwood Drive, Raleigh, NC 27604
Sold May 09, 2017
$225,000
$180,000 by Franklin American Mortgage Co
Mortgage Due Jun 01, 2047
Sold Jul 29, 2003
$150,000
$148,824 by First Financial Services Inc
Mortgage Due Aug 01, 2033
3101 Arrowwood 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 1966 and is 58 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 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3101 Arrowwood Drive has 2,208 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 792 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,761 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 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 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, 3101 Arrowwood Drive sold most recently in May 9, 2017 for a total of $225,000. If you work out the math, that's approximately a cost of $101.90 per sqft. Before that, the property was also sold for $150,000 in Jul 28, 2003. 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 $2,400 in taxes each year. 3101 Arrowwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $235,082. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $170,082. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1966
  • Effective Year Built: 2016
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 792
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,208
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRENTWD ESTS
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO6 BRENTWD ESTS PT SE9 BL17

Ownership

  • Current Owner : NORMAN SUZANNE
  • Current Owner 2: GILBERT MARY CATHERINE
  • Previous Owner : STANTON FRANK R
  • Previous Owner 2: STANTON KRISTA
  • Owner Before Previous Owner: BARNES THOMAS SCOTT
  • Owner Before Previous Owner 2: BARNES JILL AKKERMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052705

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0000996
  • District: 17
  • Section: 9
  • Parcel: 1725.09-05-2131 0000996
  • Lot: 6
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8241
  • Longitude: -78.5943

    Address

  • Full Address: 3101 Arrowwood Dr
  • Address - House Number: 3101
  • Address - Street Name: Arrowwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C015
  • 4-Digit Zip Code: 2403
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,400

    Appraisal Valuation

  • Standard Deviation: 0.1366
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 422,618
  • High Value: 480,369
  • Low Value: 364,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 09, 2017
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $235,082
  • Market Land Value: $65,000
  • Market Improvement Value: $170,082

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $235,082
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $170,082

    Sales

  • Current Sale Contract Date: May 09, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Transaction ID: 1812385635
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 29, 2003
  • Previous Sale Contract Date: Jul 28, 2003
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: May 09, 2017
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Jul 29, 2003
  • Previous Mortgage Loan Amount: $148,824
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 3101 Arrowwood Drive located in?
The 3101 Arrowwood Drive is a located in the neighborhood of Brentwood Estates in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 3101 Arrowwood Drive?
The average sales price for units in 3101 Arrowwood Drive is $0 currently.

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