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401 Northbrook Drive

401 Northbrook Drive, Raleigh, NC 27609
House in North Hills
Sold Sep 08, 2020
$830,000
$430,000 by Movement Mortgage
Mortgage Due Oct 01, 2050
Sold Apr 06, 2020
$504,000
$428,400 by First Citizens Bank & Trust Co
Mortgage
401 Northbrook Drive in Raleigh, NC was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 401 Northbrook Drive has 3,481 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. The basement is 799 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 24,829 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 441 sqft. 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 brick control joints. The condition of the building has been evaluated as average. 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 central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 401 Northbrook Drive sold most recently in Sep 4, 2020 for a total of $830,000. If you work out the math, that's approximately a cost of $238.44 per sqft. Before that, the property was also sold for $504,000 in Apr 6, 2020. 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 $8,355 in taxes each year. 401 Northbrook Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $823,187. If we break it down further, the land itself was valued at $288,000. Improvements to the property, however, were assessed at a total of $535,187. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2020
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 799
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 3,481
  • Building Area: 3,481
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,481
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH HILLS
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO2 NORTH HILLS SE10 BL20 BM1962-00053

Ownership

  • Current Owner : FAIRMAN ERIC ROY
  • Current Owner 2: FAIRMAN KATE
  • Previous Owner : HAIFFUFI PROPERTIES LLC
  • Owner Before Previous Owner: ALTMAN REED ADAM WILLIAM
  • Owner Before Previous Owner 2: ALTMAN ELIZABETH NATIONS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052601

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: BK 1962 PG 53
  • Account Number: 0045053
  • District: 01
  • Section: 10
  • Parcel: 1706.18-42-3209 0045053
  • Block: 20
  • Lot: 2
  • Municipality: RALEIGH
  • Latitude: 35.8441
  • Longitude: -78.6481

    Address

  • Full Address: 401 Northbrook Dr
  • Address - House Number: 401
  • Address - Street Name: Northbrook
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C072
  • 4-Digit Zip Code: 5617
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,355

    Appraisal Valuation

  • Standard Deviation: 0.1166
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 87
  • Final Value: 1,217,776
  • High Value: 1,359,861
  • Low Value: 1,075,692

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 08, 2020
  • First Open Lien Mortgage Loan Amount: $430,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $823,187
  • Market Land Value: $288,000
  • Market Improvement Value: $535,187

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $823,187
  • Assessed Land Value: $288,000
  • Assessed Improvements Value: $535,187

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Transaction ID: 11799777519
  • Current Sale Price: $830,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 06, 2020
  • Previous Sale Contract Date: Apr 06, 2020
  • Previous Sale Amount: $504,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 08, 2020
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Apr 06, 2020
  • Previous Mortgage Loan Amount: $428,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About North Hills



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Frequently Asked Questions

What neighborhood is 401 Northbrook Drive located in?
The 401 Northbrook Drive is a house located in the neighborhood of North Hills in North Hills, Raleigh.
What is the average sales price for listings in 401 Northbrook Drive?
The average sales price for units in 401 Northbrook Drive is $0 currently.

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