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312 Hill Street

312 Hill Street, Raleigh, NC 27610
Sold Jan 09, 2019
$371,000
$293,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2049
Sold Feb 04, 2016
$62,921
Local assessors in Raleigh, NC have categorized 312 Hill Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 4,356 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 312 Hill Street has a total of 1,580 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. 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. 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, 312 Hill Street sold most recently in Jan 9, 2019 for a total of $371,000. If you work out the math, that's approximately a cost of $234.81 per sqft. Before that, the property was also sold for $62,921 in Jan 26, 2016. 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 $3,869 in taxes each year. 312 Hill Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $380,188. If we break it down further, the land itself was valued at $115,000. Improvements to the property, however, were assessed at a total of $265,188. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2018
  • Effective Year Built: 2018
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO154 COLLEGE PARK BM1911-00015

Ownership

  • Current Owner : COTHERN JEREMY ALAN
  • Previous Owner : CHEZ ROUGE RENTALS LLC
  • Owner Before Previous Owner: SUBSTITURE TRUSTEE SERVICES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: BK 1911 PG 15
  • Account Number: 0009454
  • District: 01
  • Parcel: 1714.18-30-5119 0009454
  • Lot: 154
  • Municipality: RALEIGH
  • Latitude: 35.7832
  • Longitude: -78.6173

    Address

  • Full Address: 312 Hill St
  • Address - House Number: 312
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 2314
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,869

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 621,645
  • High Value: 698,593
  • Low Value: 544,698

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $575,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 09, 2019
  • First Open Lien Mortgage Loan Amount: $293,000
  • 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: Feb 01, 2049
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Sep 28, 2020
  • Second Open Lien Mortgage Loan Amount: $282,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $380,188
  • Market Land Value: $115,000
  • Market Improvement Value: $265,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $380,188
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $265,188

    Sales

  • Current Sale Contract Date: Jan 09, 2019
  • Current Sale Recording Date: Jan 09, 2019
  • Current Sale Transaction ID: 11558130193
  • Current Sale Price: $371,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 04, 2016
  • Previous Sale Contract Date: Jan 26, 2016
  • Previous Sale Amount: $62,921
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 09, 2019
  • First Mortgage Loan Amount: $293,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 312 Hill Street located in?
The 312 Hill Street is a house located in the neighborhood of College Park in Central Raleigh, Raleigh.
What is the average sales price for listings in 312 Hill Street?
The average sales price for units in 312 Hill Street is $0 currently.

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