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3900 Lexington Drive

3900 Lexington Drive, Raleigh, NC 27606
Multifamily in Southwest Raleigh
Sold Apr 30, 2021
$350,000
$262,500 by Cornerstone Home Lending Inc
Mortgage Due May 01, 2051
Sold May 25, 2005
$130,000
$104,000 by 1st Choice Mortgage Equity Cor
Mortgage Due Jun 01, 2035
3900 Lexington Drive in Raleigh, NC was first built in 1966 and is 58 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 is only one bathroom. There is a 1 partial bathroom. 3900 Lexington Drive has 840 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 15,682 square feet.

Learn more about the property and building on this page. The home has a hip style roof. 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 good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Apr 19, 2021 for $350,000. That's $416.67 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2005 for $130,000. 3900 Lexington Drive was last assessed in 2022. The total value of the property was assessed at $189,528. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $99,528. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,999. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE MANOR
  • Land Acres: 0.36
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LO1-3 & UNNUM LT COLL MANOR BLC

Ownership

  • Current Owner : TU BRENDEN NEAL
  • Previous Owner : STYNES BRIAN
  • Previous Owner 2: STYNES SAKSHI
  • Owner Before Previous Owner: STANLEY NORMAN K
  • Owner Before Previous Owner 2: STANLEY EVELYN B
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051101

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0066878
  • District: 01
  • Parcel: 0794.17-11-9119 0066878
  • Lot: 1-3
  • Municipality: RALEIGH
  • Latitude: 35.7862
  • Longitude: -78.6901

    Address

  • Full Address: 3900 Lexington Dr
  • Address - House Number: 3900
  • Address - Street Name: Lexington
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 1919
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,999

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 397,238
  • High Value: 444,606
  • Low Value: 349,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Loan Amount: $262,500
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $189,528
  • Market Land Value: $90,000
  • Market Improvement Value: $99,528

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,528
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $99,528

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11842989584
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Contract Date: May 23, 2005
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: 1ST CHOICE MORTGAGE EQUITY COR
  • Previous Mortgage Transaction Date: May 25, 2005
  • Previous Mortgage Loan Amount: $104,000
  • 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: Jun 01, 2035

About Southwest Raleigh



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Frequently Asked Questions

What neighborhood is 3900 Lexington Drive located in?
The 3900 Lexington Drive is a multifamily located in the neighborhood of Southwest Raleigh in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 3900 Lexington Drive?
The average sales price for units in 3900 Lexington Drive is $0 currently.

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