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4002 The Oaks Drive

4002 The Oaks Drive, Raleigh, NC 27606
Sold Mar 19, 2021
$232,000
$185,600 by Cmg Mortgage Inc
Mortgage Due Apr 01, 2051
Sold Mar 30, 1990
$60,000
4002 The Oaks 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 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1995. 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, 4002 The Oaks Drive has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. Moving on to the building itself. The condition of the building has been evaluated as good. 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 building has a gable style roof. 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 gas. 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. The property was last sold in Mar 10, 2021 for $232,000. That's $165.24 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 1990 for $60,000. 4002 The Oaks Drive was last assessed in 2022. The total value of the property was assessed at $192,009. While improvements on the property were assessed at a total of $192,009. 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 $1,964. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OAKS OF AVENT FERRY CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: OAKS AVENT FERRY CONDO PH4 BLDM UN4

Ownership

  • Current Owner : RUDD JAMIE ELIZABETH
  • Previous Owner : KING SANDRA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052301

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0131603
  • District: 01
  • Subdivision Phase Number: 4
  • Parcel: 0783.15-63-1775 0131603
  • Municipality: RALEIGH
  • Latitude: 35.7658
  • Longitude: -78.7096

    Address

  • Full Address: 4002 The Oaks Dr
  • Legal Unit: 4
  • Address - House Number: 4002
  • Address - Street Name: The Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C014
  • 4-Digit Zip Code: 3466
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,964

    Appraisal Valuation

  • Standard Deviation: 0.1383
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 306,428
  • High Value: 348,831
  • Low Value: 264,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,600
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $185,600
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $192,009
  • Market Improvement Value: $192,009

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,009
  • Assessed Improvements Value: $192,009

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11839409906
  • Current Sale Price: $232,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 30, 1990
  • Previous Sale Contract Date: Mar 30, 1990
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $185,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 4002 The Oaks Drive located in?
The 4002 The Oaks Drive is a located in the neighborhood of Southwest Raleigh in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 4002 The Oaks Drive?
The average sales price for units in 4002 The Oaks Drive is $0 currently.

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