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311 Georgetown Road

311 Georgetown Road, Raleigh, NC 27608
Property in University
Sold Aug 17, 2017
$306,000
$211,520 by Quicken Loans Inc
Mortgage Due Sep 01, 2047
Local assessors in Raleigh, NC have categorized 311 Georgetown Road as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 8,276 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 is one full bathroom. There is also a partial bathroom. 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 311 Georgetown Road has a total of 700 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 good. 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 frame control joints. 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. 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, 311 Georgetown Road sold most recently in Aug 15, 2017 for a total of $306,000. If you work out the math, that's approximately a cost of $437.14 per sqft. 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 $3,369 in taxes each year. 311 Georgetown Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $330,808. If we break it down further, the land itself was valued at $305,000. Improvements to the property, however, were assessed at a total of $25,808. 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: 1948
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • 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: 8,276
  • Total Building Area: 700
  • Building Area: 700
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 700
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GEORGETOWN SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO27 GEORGETOWN SUB BL5

Ownership

  • Current Owner : HUBER JOSHUA J
  • Current Owner 2: HUBER ASTRID O
  • Previous Owner : TIMBERLAKE WAYNE J

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0070793
  • District: 01
  • Parcel: 1704.08-98-5395 0070793
  • Lot: 27
  • Municipality: RALEIGH
  • Latitude: 35.8057
  • Longitude: -78.6304

    Address

  • Full Address: 311 Georgetown Rd
  • Address - House Number: 311
  • Address - Street Name: Georgetown
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 2701
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,369

    Appraisal Valuation

  • Standard Deviation: 0.1333
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 490,251
  • High Value: 555,619
  • Low Value: 424,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,520
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 17, 2017
  • First Open Lien Mortgage Loan Amount: $211,520
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $330,808
  • Market Land Value: $305,000
  • Market Improvement Value: $25,808

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $330,808
  • Assessed Land Value: $305,000
  • Assessed Improvements Value: $25,808

    Sales

  • Current Sale Contract Date: Aug 15, 2017
  • Current Sale Recording Date: Aug 17, 2017
  • Current Sale Transaction ID: 1732855915
  • Current Sale Price: $306,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 17, 2017
  • First Mortgage Loan Amount: $211,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About University



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Frequently Asked Questions

What neighborhood is 311 Georgetown Road located in?
The 311 Georgetown Road is a located in the neighborhood of University in University, Raleigh.
What is the average sales price for listings in 311 Georgetown Road?
The average sales price for units in 311 Georgetown Road is $0 currently.

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