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3808 Olympia Drive

3808 Olympia Drive, Raleigh, NC 27603
Sold Dec 17, 2019
$342,000
$324,900 by Redfin Mortgage Llc
Mortgage Due Jan 01, 2050
Sold Sep 18, 2015
$295,000
$285,154 by First Bank
Mortgage Due Oct 01, 2045
Local assessors in Raleigh, NC have categorized 3808 Olympia Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 3,920 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3808 Olympia Drive has a total of 2,202 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 400 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. 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, 3808 Olympia Drive sold most recently in Dec 16, 2019 for a total of $342,000. If you work out the math, that's approximately a cost of $155.31 per sqft. Before that, the property was also sold for $295,000 in Sep 10, 2015. 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 $3,335 in taxes each year. 3808 Olympia Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $327,407. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $262,407. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,202
  • Building Area: 2,202
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RENAISSANCE PARK
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1338 RENAISSANCE PARK PH2 BM2007-01141

Ownership

  • Current Owner : CABRERA LUIS OMAR
  • Current Owner 2: CABRERA JOSEPH GAIL
  • Previous Owner : VENTURA MARY K
  • Owner Before Previous Owner: HETRICK PATRICK K
  • Owner Before Previous Owner 2: HETRICK BERNADETTE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054500

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 2007 PG 1141
  • Account Number: 0361487
  • District: 18
  • Subdivision Phase Number: 2
  • Parcel: 1702.13-03-8408 0361487
  • Lot: 1338
  • Municipality: SWIFT CREEK
  • Latitude: 35.7374
  • Longitude: -78.6603

    Address

  • Full Address: 3808 Olympia Dr
  • Address - House Number: 3808
  • Address - Street Name: Olympia
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 3461
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,335

    Appraisal Valuation

  • Standard Deviation: 0.1318
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 516,258
  • High Value: 584,302
  • Low Value: 448,214

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,900
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 17, 2019
  • First Open Lien Mortgage Loan Amount: $324,900
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $327,407
  • Market Land Value: $65,000
  • Market Improvement Value: $262,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $327,407
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $262,407

    Sales

  • Current Sale Contract Date: Dec 16, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11713916609
  • Current Sale Price: $342,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 18, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 17, 2019
  • First Mortgage Loan Amount: $324,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Sep 18, 2015
  • Previous Mortgage Loan Amount: $285,154
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 3808 Olympia Drive located in?
The 3808 Olympia Drive is a house located in the neighborhood of Renaissance Park in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 3808 Olympia Drive?
The average sales price for units in 3808 Olympia Drive is $0 currently.

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