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3740 Cashew Drive

3740 Cashew Drive, Raleigh, NC 27616
Sold Mar 08, 2019
$240,000
$230,000 by Prosperity Home Mortgage Llc
Mortgage Due Aug 01, 2050
Sold Aug 17, 2015
$202,000
$161,600 by Corporate Investors Mortgage G
Mortgage Due Sep 01, 2045
3740 Cashew 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 2002 and is 22 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3740 Cashew Drive has 1,962 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 7,841 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 483 sqft. The building has a gable style roof. 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 and being fueled with wood. 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, 3740 Cashew Drive was last sold in Mar 1, 2019 for $240,000. According to our calculations, that's $122.32 per sqft. Prior to that sales transaction, the property was sold for $202,000 in Aug 17, 2015. Current property owners are expected to pay $2,403 in taxes per year. The property on 3740 Cashew Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $235,345. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $190,345. 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

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,962
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO10 ENCLAVE @ FRSTVLL FARMS P10 02-313

Ownership

  • Current Owner : GARCIA DANA ELIZABETH
  • Current Owner 2: GARCIA JOSHUA C
  • Previous Owner : BARTLETT BRIANNE L
  • Owner Before Previous Owner: CUSHMAN MICHAEL
  • Owner Before Previous Owner 2: CUSHMAN MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0295625
  • District: 19
  • Parcel: 1747.03-12-6037 0295625
  • Lot: 10
  • Municipality: WAKE FOREST
  • Latitude: 35.8704
  • Longitude: -78.522

    Address

  • Full Address: 3740 Cashew Dr
  • Address - House Number: 3740
  • Address - Street Name: Cashew
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R045
  • 4-Digit Zip Code: 9589
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,403

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 415,210
  • High Value: 472,108
  • Low Value: 358,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Loan Amount: $230,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $235,345
  • Market Land Value: $45,000
  • Market Improvement Value: $190,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $235,345
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $190,345

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 08, 2019
  • Current Sale Transaction ID: 11583800422
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 17, 2015
  • Previous Sale Contract Date: Aug 17, 2015
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 08, 2019
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Aug 17, 2015
  • Previous Mortgage Loan Amount: $161,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 3740 Cashew Drive located in?
The 3740 Cashew Drive is a house located in the neighborhood of Enclave at Forestville Farms in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 3740 Cashew Drive?
The average sales price for units in 3740 Cashew Drive is $0 currently.

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