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3316 Milton Road

3316 Milton Road, Raleigh, NC 27609
Sold Dec 12, 2019
$295,000
$595,000 by George Mason Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Mar 29, 2018
$365,000
$500,000 by Peggy Lin
Mortgage Due Mar 28, 2019
3316 Milton Road 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 2020 and is 4 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, 3316 Milton Road has 2,741 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 13,939 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 564 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 3316 Milton Road was last sold in Dec 3, 2019 for $295,000. According to our calculations, that's $107.62 per sqft. Prior to that sales transaction, the property was sold for $365,000 in Mar 28, 2018. Current property owners are expected to pay $7,763 in taxes per year. The property on 3316 Milton Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $764,779. To break that down further, the land itself was valued at $337,500. While improvements to the property were assessed at a total of $427,279. 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. 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!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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 564
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,741
  • Building Area: 2,741
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,741
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DREWRY HILLS
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO74 DREWRY HILLS BL3 BM2018-00675

Ownership

  • Current Owner : SOARES SHANNON STARR
  • Current Owner 2: SOARES SEAN WILLIAM
  • Previous Owner : NANCE JOHN H
  • Previous Owner 2: NANCE SUSAN H
  • Owner Before Previous Owner: STEELE NINA BETH
  • Owner Before Previous Owner 2: STEELE WILLIAM ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052603

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: BK 2018 PG 675
  • Account Number: 0035353
  • District: 01
  • Parcel: 1705.12-86-3115 0035353
  • Block: 3
  • Lot: 74
  • Municipality: RALEIGH
  • Latitude: 35.8271
  • Longitude: -78.6346

    Address

  • Full Address: 3316 Milton Rd
  • Address - House Number: 3316
  • Address - Street Name: Milton
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C062
  • 4-Digit Zip Code: 7208
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,763

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 1,044,585
  • High Value: 1,173,884
  • Low Value: 915,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $764,779
  • Market Land Value: $337,500
  • Market Improvement Value: $427,279

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $764,779
  • Assessed Land Value: $337,500
  • Assessed Improvements Value: $427,279

    Sales

  • Current Sale Contract Date: Dec 03, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Transaction ID: 11713937051
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 29, 2018
  • Previous Sale Contract Date: Mar 28, 2018
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 12, 2019
  • First Mortgage Loan Amount: $589,430
  • First Mortgage Terms: 371
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PEGGY LIN
  • Previous Mortgage Transaction Date: Mar 29, 2018
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 28, 2019

About North Hills



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,425 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3316 Milton Road located in?
The 3316 Milton Road is a land located in the neighborhood of Drewry Hills in North Hills, Raleigh.
What is the average sales price for listings in 3316 Milton Road?
The average sales price for units in 3316 Milton Road is $0 currently.

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