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415 Carolina Avenue

415 Carolina Avenue, Raleigh, NC 27606
Sold Jun 03, 2019
$332,000
$319,000 by First Heritage Mortgage Llc
Mortgage Due May 01, 2036
Sold Feb 20, 2013
$207,500
$200,100 by First Citizens Bank & Trust Co
Mortgage Due Mar 01, 2043
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415 Carolina Avenue 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 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2010. 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, 415 Carolina Avenue has 1,896 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. 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. The building on the property is connected to a sewer system. 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, 415 Carolina Avenue sold most recently in May 29, 2019 for a total of $332,000. If you work out the math, that's approximately a cost of $175.11 per sqft. Before that, the property was also sold for $207,500 in Feb 12, 2013. 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 $3,310 in taxes each year. 415 Carolina Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $324,953. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $234,953. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 1,896
  • Building Area: 1,896
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNSET TERRACE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO52 SUNSET TERRACE BM2004-02032

Ownership

  • Current Owner : SERENO ALEXANDER R
  • Current Owner 2: SERENO STACY R
  • Previous Owner : HAMLIN GENTRY SAMUEL
  • Owner Before Previous Owner: LANTIS BRIAN A
  • Owner Before Previous Owner 2: LANTIS ANDREA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052407

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: BK 2004 PG 2032
  • Account Number: 0338300
  • District: 01
  • Parcel: 0784.18-41-3557 0338300
  • Lot: 52
  • Municipality: RALEIGH
  • Latitude: 35.7873
  • Longitude: -78.7156

    Address

  • Full Address: 415 Carolina Ave
  • Address - House Number: 415
  • Address - Street Name: Carolina
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C020
  • 4-Digit Zip Code: 1307
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,310

    Appraisal Valuation

  • Standard Deviation: 0.1312
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 537,773
  • High Value: 608,373
  • Low Value: 467,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $319,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $324,953
  • Market Land Value: $90,000
  • Market Improvement Value: $234,953

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $324,953
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $234,953

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 03, 2019
  • Current Sale Transaction ID: 11617391959
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 20, 2013
  • Previous Sale Contract Date: Feb 12, 2013
  • Previous Sale Amount: $207,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 03, 2019
  • First Mortgage Loan Amount: $322,040
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Feb 20, 2013
  • Previous Mortgage Loan Amount: $200,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Southwest Raleigh



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Nearby Rentals

Unit for rent at 4004 Pepperton Drive, Raleigh, NC, 27606

$2,395 /mo

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  • 3 Baths
  • 2,452 ft²
4004 Pepperton Drive, Raleigh, NC, 27606 Listing by Wayne Li

Frequently Asked Questions

What neighborhood is 415 Carolina Avenue located in?
The 415 Carolina Avenue is a house located in the neighborhood of Sunset Terrace in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 415 Carolina Avenue?
The average sales price for units in 415 Carolina Avenue is $0 currently.

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