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321 North 1st Avenue

321 North 1st Avenue, Knightdale, NC 27545
Property in Wake
Sold Mar 24, 2003
$159,000
$150,100 by Southtrust Mortgage Corp
Mortgage Due Apr 01, 2033
Local assessors in Knightdale, NC have categorized 321 North 1st Avenue as a residential type of property. The home was built in 1940 and is 84 years old. 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. 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 321 North 1st Avenue has a total of 2,359 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 217 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 carport for those who need a place to park their vehicle. 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 stone control joints. The building has a gable style roof. Lots of rock and stone 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, 321 North 1st Avenue sold most recently in Mar 10, 2003 for a total of $159,000. If you work out the math, that's approximately a cost of $67.40 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 $1,768 in taxes each year. 321 North 1st Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $163,433. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $133,433. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Construction Type: Stone
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 217
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,359
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KNIGHTDALE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 6 & 7 KNIGHTDALE BL3

Ownership

  • Current Owner : FRIEDRICHS DEREK M
  • Current Owner 2: FRIEDRICHS PEGEEN W
  • Previous Owner : HAYES DAMITIO SUSAN ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054108

Zoning

  • Zoning: RMX

Geography

  • Account Number: 0060557
  • District: 17
  • Parcel: 1754.14-42-4955 0060557
  • Lot: 6,7
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7902
  • Longitude: -78.4792

    Address

  • Full Address: 321 N 1st Ave
  • Address - House Number: 321
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Knightdale
  • Carrier Code: R011
  • 4-Digit Zip Code: 8501
  • Zip Code: 27545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,768

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 367,367
  • High Value: 415,395
  • Low Value: 319,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,100
  • First Open Lien Mortgage Lender: SOUTHTRUST MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 24, 2003
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $150,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2033

    Market Valuation

  • Market Total Value: $163,433
  • Market Land Value: $30,000
  • Market Improvement Value: $133,433

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $163,433
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $133,433

    Sales

  • Current Sale Contract Date: Mar 10, 2003
  • Current Sale Recording Date: Mar 24, 2003
  • Current Sale Transaction ID: 1130406437
  • Current Sale Price: $159,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHTRUST MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 24, 2003
  • First Mortgage Loan Amount: $150,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Knightdale



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Frequently Asked Questions

What neighborhood is 321 North 1st Avenue located in?
The 321 North 1st Avenue is a located in the neighborhood of Wake in Knightdale, Knightdale.
What is the average sales price for listings in 321 North 1st Avenue?
The average sales price for units in 321 North 1st Avenue is $0 currently.

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