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320 Cambridge Woods Way

320 Cambridge Woods Way, Raleigh, NC 27608
Property in North Hills
Sold Aug 08, 2017
$829,500
$375,000 by Corporate Investors Mortgage G
Mortgage Due Sep 01, 2047
Sold Mar 31, 1999
$623,000
$498,400 by First Citizens Bank & Trust Co
Mortgage Due Apr 01, 2029
Local assessors in Raleigh, NC have categorized 320 Cambridge Woods Way as a residential type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 15,246 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 3 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 320 Cambridge Woods Way has a total of 3,939 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 700 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 brick control joints. The building has a gable style roof. Lots of brick 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. The property was last sold in Aug 1, 2017 for $829,500. That's $210.59 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 1999 for $623,000. 320 Cambridge Woods Way was last assessed in 2023. The total value of the property was assessed at $906,866. Specifically, the land the property is located on was valued at $360,000. While improvements on the property were assessed at a total of $546,866. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,905. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2021
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Excellent
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 700
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 3,939
  • Building Area: 3,939
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,939
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE WOODS
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 CAMBRIDGE WOODS BM1987-1876

Ownership

  • Current Owner : HESMER WILLIAM RUSSELL
  • Current Owner 2: HESMER TACEY WILLIS
  • Previous Owner : DUNN LAURIE
  • Previous Owner 2: CRENSHAW CRAWFORD
  • Owner Before Previous Owner: GLASS GLASS J
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051501

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0167771
  • District: 01
  • Parcel: 0795.20-92-4290 0167771
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.8163
  • Longitude: -78.6644

    Address

  • Full Address: 320 Cambridge Woods Way
  • Address - House Number: 320
  • Address - Street Name: Cambridge Woods
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C015
  • 4-Digit Zip Code: 1034
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,905

    Appraisal Valuation

  • Standard Deviation: 0.1323
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,437,161
  • High Value: 1,627,431
  • Low Value: 1,246,890

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $1,301,121
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Aug 08, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047
  • Second Open Lien Mortgage Lender: PARAGON BANK
  • Second Open Lien Mortgage Recording Date: Jun 11, 2018
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 11, 2048
  • Third Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Third Open Lien Mortgage Recording Date: Apr 17, 2020
  • Third Open Lien Mortgage Loan Amount: $510,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: May 01, 2050
  • Fourth Open Lien Mortgage Lender: REHM JANET
  • Fourth Open Lien Mortgage Recording Date: Aug 30, 2022
  • Fourth Open Lien Mortgage Loan Amount: $266,121
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: New Conventional
  • Fourth Open Lien Mortgage Loan Due Date: Aug 17, 2052

    Market Valuation

  • Market Total Value: $906,866
  • Market Land Value: $360,000
  • Market Improvement Value: $546,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $906,866
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $546,866

    Sales

  • Current Sale Contract Date: Aug 01, 2017
  • Current Sale Recording Date: Aug 08, 2017
  • Current Sale Transaction ID: 1732131101
  • Current Sale Price: $829,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 1999
  • Previous Sale Contract Date: Mar 25, 1999
  • Previous Sale Amount: $623,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Aug 08, 2017
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Mar 31, 1999
  • Previous Mortgage Loan Amount: $498,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2029

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Frequently Asked Questions

What neighborhood is 320 Cambridge Woods Way located in?
The 320 Cambridge Woods Way is a located in the neighborhood of North Hills in North Hills, Raleigh.
What is the average sales price for listings in 320 Cambridge Woods Way?
The average sales price for units in 320 Cambridge Woods Way is $0 currently.

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