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3912 Colinwood Lane

3912 Colinwood Lane, Raleigh, NC 27606
Sold Jul 16, 2018
$651,000
$67,500 by Coastal Fcu
Mortgage
Sold Sep 19, 2014
$610,000
$417,000 by Tbi Mortgage Co
Mortgage Due Oct 01, 2044
3912 Colinwood Lane 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 2014 and is 10 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3912 Colinwood Lane has 4,249 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 31,799 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 672 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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. 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. 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, 3912 Colinwood Lane was last sold in Jun 25, 2018 for $651,000. According to our calculations, that's $153.21 per sqft. Prior to that sales transaction, the property was sold for $610,000 in Sep 19, 2014. Current property owners are expected to pay $4,821 in taxes per year. The property on 3912 Colinwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $664,812. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $554,812. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 4,249
  • Building Area: 4,249
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,249
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE ESTATES
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO85 THE ESTATES AT MEADOW RIDGE BM2010-01104

Ownership

  • Current Owner : CHAWLA TEJMOHNA
  • Current Owner 2: CHAWLA MANJEETE
  • Previous Owner : NAKNATALA RAJENDER REDDY
  • Previous Owner 2: THOOM HARIKA REDDY
  • Owner Before Previous Owner: TOLL NC LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053007

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0380807
  • District: 18
  • Parcel: 0771.02-66-4616 0380807
  • Lot: 85
  • Municipality: SWIFT CREEK
  • Latitude: 35.7189
  • Longitude: -78.7426

    Address

  • Full Address: 3912 Colinwood Ln
  • Address - House Number: 3912
  • Address - Street Name: Colinwood
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C004
  • 4-Digit Zip Code: 4886
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,821

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 85
  • Final Value: 1,063,068
  • High Value: 1,202,660
  • Low Value: 923,475

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,500
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Jul 16, 2018
  • First Open Lien Mortgage Loan Amount: $67,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL FINANCIAL GROU
  • Second Open Lien Mortgage Recording Date: Sep 07, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $664,812
  • Market Land Value: $110,000
  • Market Improvement Value: $554,812

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $664,812
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $554,812

    Sales

  • Current Sale Contract Date: Jun 25, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Transaction ID: 11482700180
  • Current Sale Price: $651,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Contract Date: Sep 19, 2014
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Jul 16, 2018
  • First Mortgage Loan Amount: $67,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: TBI MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 19, 2014
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

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Frequently Asked Questions

What neighborhood is 3912 Colinwood Lane located in?
The 3912 Colinwood Lane is a house located in the neighborhood of The Estates at Meadow Ridge in The Estates at Meadow Ridge, Raleigh.
What is the average sales price for listings in 3912 Colinwood Lane?
The average sales price for units in 3912 Colinwood Lane is $0 currently.

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