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3116 Settle In Lane

3116 Settle In Lane, Raleigh, NC 27614
Sold Jul 17, 2020
$250,000
$155,000 by Citizens Bank Na
Mortgage Due Aug 01, 2050
Sold Apr 03, 2006
$167,000
$133,600 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2036
3116 Settle In Lane 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 2004 and is 20 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3116 Settle In Lane has 1,924 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 468 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 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The exterior walls of the building are made of alum/vinyl siding. 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, 3116 Settle In Lane sold most recently in Jul 6, 2020 for a total of $250,000. If you work out the math, that's approximately a cost of $129.94 per sqft. Before that, the property was also sold for $167,000 in Mar 31, 2006. 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 $2,179 in taxes each year. 3116 Settle In Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $213,223. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $163,223. 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 468
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,924
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIV
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO888 BEDFORD @ FALLS RIVER P22 03-884

Ownership

  • Current Owner : SMITH NANCY
  • Previous Owner : ELLER DONNA MARIE
  • Owner Before Previous Owner: PIERCE ADAM D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054013

Zoning

  • Zoning: PD

Geography

  • Account Number: 0303831
  • District: 13
  • Parcel: 1739.03-01-8610 0303831
  • Lot: 888
  • Municipality: NEUSE
  • Latitude: 35.9242
  • Longitude: -78.5582

    Address

  • Full Address: 3116 Settle In Ln
  • Address - House Number: 3116
  • Address - Street Name: Settle In
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R090
  • 4-Digit Zip Code: 8646
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,179

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 367,163
  • High Value: 414,438
  • Low Value: 319,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $213,223
  • Market Land Value: $50,000
  • Market Improvement Value: $163,223

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,223
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $163,223

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11775875768
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 03, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 03, 2006
  • Previous Mortgage Loan Amount: $133,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 3116 Settle In Lane located in?
The 3116 Settle In Lane is a townhouse located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 3116 Settle In Lane?
The average sales price for units in 3116 Settle In Lane is $0 currently.

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