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3404 Secretariat Way

3404 Secretariat Way, Raleigh, NC 27614
Property in Magnolia Hill
Sold Sep 13, 2022
$485,000
$140,000 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Apr 30, 2010
$260,000
$208,000 by Allen Tate Mortgage Services I
Mortgage Due May 01, 2040
Local assessors in Raleigh, NC have categorized 3404 Secretariat Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 6,970 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3404 Secretariat Way has a total of 2,633 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 1,128 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 garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. Lots of alum/vinyl siding 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3404 Secretariat Way was last sold in Sep 13, 2022 for $485,000. According to our calculations, that's $184.20 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Apr 28, 2010. Current property owners are expected to pay $3,201 in taxes per year. The property on 3404 Secretariat Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $291,841. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $231,841. 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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,128
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,633
  • Building Area: 2,633
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,633
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CEDAR GROVE
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO223 CEDAR GROVE PH2 BM2005-01530

Ownership

  • Current Owner : WAINSCOTT BOYD DOUGLAS
  • Current Owner 2: FRAZER JEANNE L
  • Previous Owner : HAROLD RAY WATSON LIVING TRUST
  • Owner Before Previous Owner: OLD STAGE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054212

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0330400
  • District: 19
  • Subdivision Phase Number: 2
  • Parcel: 1830.01-27-0518 0330400
  • Lot: 223
  • Municipality: WAKE FOREST
  • Latitude: 35.9681
  • Longitude: -78.5539

    Address

  • Full Address: 3404 Secretariat Way
  • Address - House Number: 3404
  • Address - Street Name: Secretariat
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R067
  • 4-Digit Zip Code: 8371
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,201

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 507,084
  • High Value: 573,193
  • Low Value: 440,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2022
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $291,841
  • Market Land Value: $60,000
  • Market Improvement Value: $231,841

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,841
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $231,841

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Transaction ID: 11895936914
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2010
  • Previous Sale Contract Date: Apr 28, 2010
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 13, 2022
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ALLEN TATE MORTGAGE SERVICES I
  • Previous Mortgage Transaction Date: Apr 30, 2010
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2040

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Frequently Asked Questions

What neighborhood is 3404 Secretariat Way located in?
The 3404 Secretariat Way is a located in the neighborhood of Magnolia Hill in North Raleigh, Raleigh.
What is the average sales price for listings in 3404 Secretariat Way?
The average sales price for units in 3404 Secretariat Way is $0 currently.

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