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3616 Pinkham Way

3616 Pinkham Way, Raleigh, NC 27616
Property in Mitchell Mill
Sold Jan 31, 2008
$185,000
$175,750 by Bank Of America Na
Mortgage Due Feb 01, 2038
Sold Apr 06, 2005
$163,500
$130,620 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2035
3616 Pinkham Way in Raleigh, NC was first built in 2005 and is 19 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. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3616 Pinkham Way has 2,076 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 6,534 square feet.

Learn more about the property and building on this page. 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 380 sqft. The exterior walls of the home are made of alum/vinyl siding. 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, 3616 Pinkham Way sold most recently in Jan 16, 2008 for a total of $185,000. If you work out the math, that's approximately a cost of $89.11 per sqft. Before that, the property was also sold for $163,500 in Apr 4, 2005. 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 $2,644 in taxes each year. 3616 Pinkham Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $240,759. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $195,759. 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.

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: 2
  • 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: 380
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,076
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MITCHELL MILL SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO90 MITCHELL MILL SUB PH13 BM2002-631

Ownership

  • Current Owner : SAYYED WADAH A
  • Current Owner 2: RAHHAL SHEREEN
  • Previous Owner : RAY RO ANNE
  • Owner Before Previous Owner: BEAZER HOMES CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0317925
  • District: 19
  • Subdivision Phase Number: 13
  • Parcel: 1747.01-36-1423 0317925
  • Lot: 90
  • Municipality: WAKE FOREST
  • Latitude: 35.8824
  • Longitude: -78.5169

    Address

  • Full Address: 3616 Pinkham Way
  • Address - House Number: 3616
  • Address - Street Name: Pinkham
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R081
  • 4-Digit Zip Code: 8313
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,644

    Appraisal Valuation

  • Standard Deviation: 0.127
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 85
  • Final Value: 392,726
  • High Value: 442,613
  • Low Value: 342,839

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $324,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $175,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2038
  • Second Open Lien Mortgage Lender: U.S. BANK TRUST NA
  • Second Open Lien Mortgage Recording Date: Mar 19, 2024
  • Second Open Lien Mortgage Loan Amount: $149,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $240,759
  • Market Land Value: $45,000
  • Market Improvement Value: $195,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,759
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $195,759

    Sales

  • Current Sale Contract Date: Jan 16, 2008
  • Current Sale Recording Date: Jan 31, 2008
  • Current Sale Transaction ID: 1130246635
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 06, 2005
  • Previous Sale Contract Date: Apr 04, 2005
  • Previous Sale Amount: $163,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 31, 2008
  • First Mortgage Loan Amount: $175,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Apr 06, 2005
  • Previous Mortgage Loan Amount: $130,620
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2035

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Frequently Asked Questions

What neighborhood is 3616 Pinkham Way located in?
The 3616 Pinkham Way is a located in the neighborhood of Mitchell Mill in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 3616 Pinkham Way?
The average sales price for units in 3616 Pinkham Way is $0 currently.

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