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3501 Limber Lane

3501 Limber Lane, Raleigh, NC 27616
Sold Sep 17, 2020
$215,000
$204,250 by Blue Ridge Bank
Mortgage Due Oct 01, 2050
Sold Nov 25, 2019
$157,500
3501 Limber Lane in Raleigh, NC was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3501 Limber Lane has 1,206 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 308 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with wood. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3501 Limber Lane sold most recently in Sep 17, 2020 for a total of $215,000. If you work out the math, that's approximately a cost of $178.28 per sqft. Before that, the property was also sold for $157,500 in Nov 22, 2019. 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 $2,104 in taxes each year. 3501 Limber Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,200. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $141,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,206
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EVIAN NEUSE XING
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO224 EVIAN @ NUS CRSNG P9 92-1388 BLD9 UN90

Ownership

  • Current Owner : SALHI MUNTASSER JALAL AL
  • Previous Owner : BEST INVESTMENT REALTY LLC
  • Owner Before Previous Owner: TRUSTEE SERVICES OF CAROLINA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054121

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0198708
  • District: 19
  • Parcel: 1747.01-17-8152 0198708
  • Lot: 224
  • Municipality: WAKE FOREST
  • Latitude: 35.8843
  • Longitude: -78.5211

    Address

  • Full Address: 3501 Limber Ln
  • Legal Unit: 90
  • Address - House Number: 3501
  • Address - Street Name: Limber
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R070
  • 4-Digit Zip Code: 8981
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,104

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 84
  • Final Value: 317,857
  • High Value: 360,845
  • Low Value: 274,869

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $212,250
  • First Open Lien Mortgage Lender: BLUE RIDGE BANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $204,250
  • 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, 2050
  • Second Open Lien Mortgage Lender: NORTH CAROLINA HOUSING FINANCE
  • Second Open Lien Mortgage Recording Date: Nov 19, 2020
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $191,200
  • Market Land Value: $50,000
  • Market Improvement Value: $141,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,200
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $141,200

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Transaction ID: 11807428755
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BLUE RIDGE BANK
  • First Mortgage Transaction Date: Sep 17, 2020
  • First Mortgage Loan Amount: $204,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Northeast Raleigh



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Frequently Asked Questions

What neighborhood is 3501 Limber Lane located in?
The 3501 Limber Lane is a house located in the neighborhood of Neuse Crossing in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 3501 Limber Lane?
The average sales price for units in 3501 Limber Lane is $0 currently.

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