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319 Morrison Avenue

319 Morrison Avenue, Raleigh, NC 27608
Sold Feb 18, 2020
$887,500
$250,000 by Coastal Fcu
Mortgage Due Jul 13, 2041
319 Morrison Avenue in Raleigh, NC was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 2021. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 319 Morrison Avenue has 3,271 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 319 Morrison Avenue sold most recently in Feb 18, 2020 for a total of $887,500. If you work out the math, that's approximately a cost of $271.32 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 $8,225 in taxes each year. 319 Morrison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $810,368. If we break it down further, the land itself was valued at $352,000. Improvements to the property, however, were assessed at a total of $458,368. 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: 1925
  • Effective Year Built: 2021
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 4
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,271
  • Building Area: 3,271
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,271
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAYES BARTON EXTENDED
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO50 RCMB HAYES-BARTON EXTENDED BM2020-01492

Ownership

  • Current Owner : SUMANASENI NAPIT
  • Current Owner 2: SUMANASENI TARA MARY
  • Previous Owner : WON IHN JAE
  • Previous Owner 2: WON SUSAN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0038870
  • District: 01
  • Parcel: 1704.11-66-3483 0038870
  • Lot: 50
  • Municipality: RALEIGH
  • Latitude: 35.8004
  • Longitude: -78.6413

    Address

  • Full Address: 319 Morrison Ave
  • Address - House Number: 319
  • Address - Street Name: Morrison
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 2537
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,225

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 1,252,123
  • High Value: 1,419,009
  • Low Value: 1,085,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Jul 13, 2041

    Market Valuation

  • Market Total Value: $810,368
  • Market Land Value: $352,000
  • Market Improvement Value: $458,368

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $810,368
  • Assessed Land Value: $352,000
  • Assessed Improvements Value: $458,368

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11743823538
  • Current Sale Price: $887,500
  • Current Sale Document Type: Warranty Deed

About University



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Frequently Asked Questions

What neighborhood is 319 Morrison Avenue located in?
The 319 Morrison Avenue is a house located in the neighborhood of Five Points East in University, Raleigh.
What is the average sales price for listings in 319 Morrison Avenue?
The average sales price for units in 319 Morrison Avenue is $0 currently.

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