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4003 Newell Lane

4003 Newell Lane, Raleigh, NC 27616
Sold Mar 08, 2017
$177,000
$215,000 by State Employees Credit Union
Mortgage Due Mar 01, 2052
Sold Jun 11, 2012
$142,000
$136,774 by Brand Mortgage Group Llc
Mortgage Due Jul 01, 2042
4003 Newell 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 2012 and is 12 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, 4003 Newell Lane has 1,604 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 192 sqft. 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. 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 8, 2017 for $177,000. That's $110.35 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2012 for $142,000. 4003 Newell Lane was last assessed in 2022. The total value of the property was assessed at $197,879. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $162,879. 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 $2,024. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND CREEK
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO908 HIGHLAND CREEK BM2012-00049

Ownership

  • Current Owner : BYRD GREGORY K
  • Previous Owner : ALLEN SHAMANIA T
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054209

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: BK 2012 PG 49
  • Account Number: 0409469
  • District: 19
  • Parcel: 1748.03-30-9892 0409469
  • Lot: 908
  • Municipality: WAKE FOREST
  • Latitude: 35.8944
  • Longitude: -78.5138

    Address

  • Full Address: 4003 Newell Ln
  • Address - House Number: 4003
  • Address - Street Name: Newell
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R016
  • 4-Digit Zip Code: 8453
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,024

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 351,476
  • High Value: 399,641
  • Low Value: 303,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $215,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $197,879
  • Market Land Value: $35,000
  • Market Improvement Value: $162,879

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,879
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $162,879

    Sales

  • Current Sale Contract Date: Mar 08, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Transaction ID: 1806857028
  • Current Sale Price: $177,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 11, 2012
  • Previous Sale Contract Date: Jun 08, 2012
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Mar 08, 2017
  • First Mortgage Loan Amount: $177,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BRAND MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Jun 11, 2012
  • Previous Mortgage Loan Amount: $136,774
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 4003 Newell Lane located in?
The 4003 Newell Lane is a located in the neighborhood of Northeast Raleigh in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 4003 Newell Lane?
The average sales price for units in 4003 Newell Lane is $0 currently.

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