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3241 Groveshire Drive

3241 Groveshire Drive, Raleigh, NC 27616
Sold Jun 14, 2021
$400,000
$357,200 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jul 01, 2051
Sold Oct 26, 2017
$288,000
$262,310 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2047
3241 Groveshire Drive 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 2006 and is 18 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, 3241 Groveshire Drive has 2,774 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 414 sqft. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3241 Groveshire Drive was last sold in Jun 14, 2021 for $400,000. According to our calculations, that's $144.20 per sqft. Prior to that sales transaction, the property was sold for $288,000 in Oct 25, 2017. Current property owners are expected to pay $3,033 in taxes per year. The property on 3241 Groveshire Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $297,582. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $252,582. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 414
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,774
  • Building Area: 2,774
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LANDINGS NEUSE XINGS
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO162 LDNGS @ NUSE XINGS P1 BM2004-02155

Ownership

  • Current Owner : LOVE REGINALD
  • Current Owner 2: LOVE CHELITA
  • Previous Owner : MERRITT RYAN
  • Previous Owner 2: MERRITT DEANNA
  • Owner Before Previous Owner: KNOUSE SCOTT L
  • Owner Before Previous Owner 2: KNOUSE BRIDGET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054110

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0329272
  • District: 19
  • Parcel: 1747.03-13-0272 0329272
  • Lot: 162
  • Municipality: WAKE FOREST
  • Latitude: 35.8736
  • Longitude: -78.5239

    Address

  • Full Address: 3241 Groveshire Dr
  • Address - House Number: 3241
  • Address - Street Name: Groveshire
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R045
  • 4-Digit Zip Code: 8391
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,033

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 513,356
  • High Value: 579,443
  • Low Value: 447,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,200
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $357,200
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $297,582
  • Market Land Value: $45,000
  • Market Improvement Value: $252,582

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,582
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $252,582

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11843871206
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 26, 2017
  • Previous Sale Contract Date: Oct 25, 2017
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $357,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Oct 26, 2017
  • Previous Mortgage Loan Amount: $262,310
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

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Nearby Rentals

Unit for rent at

$2,475 /mo

  • 3 Beds
  • 3 Baths
  • 2,222 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3241 Groveshire Drive located in?
The 3241 Groveshire Drive is a located in the neighborhood of Landing at Neuse Crossing in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 3241 Groveshire Drive?
The average sales price for units in 3241 Groveshire Drive is $0 currently.

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