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4024 Iron Horse Road

4024 Iron Horse Road, Raleigh, NC 27616
Property in Cobblestone
Sold Jan 28, 2016
$150,500
$152,500 by State Employees Cu
Mortgage Due Feb 01, 2046
Sold Jul 15, 2005
$131,500
$105,200 by American Home Mortgage Accepta
Mortgage Due Aug 01, 2035
4024 Iron Horse Road 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 1992 and is 32 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, 4024 Iron Horse Road has 1,332 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 6,534 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. 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, 4024 Iron Horse Road was last sold in Jan 28, 2016 for $150,500. According to our calculations, that's $112.99 per sqft. Prior to that sales transaction, the property was sold for $131,500 in Jul 14, 2005. Current property owners are expected to pay $1,917 in taxes per year. The property on 4024 Iron Horse Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $187,351. To break that down further, the land itself was valued at $47,000. While improvements to the property were assessed at a total of $140,351. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1992
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 6,534
  • Total Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,332
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COBBLESTONE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO33 COBBLESTONE SEII BLD BM1990-1148

Ownership

  • Current Owner : LAWSON REBECCA E
  • Current Owner 2: LAWSON ANDREW S
  • Previous Owner : DERLICKI MICHAEL
  • Previous Owner 2: DERLICKI ANNA M
  • Owner Before Previous Owner: PARHAM DAVID C
  • Owner Before Previous Owner 2: PARHAM KRISTEN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054104

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0154054
  • District: 17
  • Section: 2
  • Parcel: 1725.08-88-2842 0154054
  • Lot: 33
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8342
  • Longitude: -78.5673

    Address

  • Full Address: 4024 Iron Horse Rd
  • Address - House Number: 4024
  • Address - Street Name: Iron Horse
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C018
  • 4-Digit Zip Code: 5057
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,917

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 332,828
  • High Value: 379,700
  • Low Value: 285,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,500
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jan 28, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $152,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Market Valuation

  • Market Total Value: $187,351
  • Market Land Value: $47,000
  • Market Improvement Value: $140,351

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $187,351
  • Assessed Land Value: $47,000
  • Assessed Improvements Value: $140,351

    Sales

  • Current Sale Contract Date: Jan 28, 2016
  • Current Sale Recording Date: Jan 28, 2016
  • Current Sale Transaction ID: 11475899939
  • Current Sale Price: $150,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 15, 2005
  • Previous Sale Contract Date: Jul 14, 2005
  • Previous Sale Amount: $131,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jan 28, 2016
  • First Mortgage Loan Amount: $152,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE ACCEPTA
  • Previous Mortgage Transaction Date: Jul 15, 2005
  • Previous Mortgage Loan Amount: $105,200
  • 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: Aug 01, 2035

About Northeast Raleigh



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Frequently Asked Questions

What neighborhood is 4024 Iron Horse Road located in?
The 4024 Iron Horse Road is a located in the neighborhood of Cobblestone in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 4024 Iron Horse Road?
The average sales price for units in 4024 Iron Horse Road is $0 currently.

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