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4208 Loon Lane

4208 Loon Lane, Raleigh, NC 27616
Sold Nov 20, 2018
$181,000
Sold Mar 31, 2010
$122,000
$122,000 by Branch Banking And Trust Co
Mortgage Due Apr 01, 2040
Local assessors in Raleigh, NC have categorized 4208 Loon Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 5,227 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4208 Loon Lane has a total of 1,270 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4208 Loon Lane sold most recently in Nov 20, 2018 for a total of $181,000. If you work out the math, that's approximately a cost of $142.52 per sqft. Before that, the property was also sold for $122,000 in Mar 31, 2010. 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 $1,262 in taxes each year. 4208 Loon Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $172,000. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $137,000. 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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MALLARD CROSSING SUBDIVISION
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO111 MALLARD CROSSING PHII BM1987-00952

Ownership

  • Current Owner : RICHARDSON HANNAN D
  • Previous Owner : JOHNSTON KENAN A
  • Previous Owner 2: JOHNSTON SARA
  • Owner Before Previous Owner: BRYAN MICHAEL E
  • Owner Before Previous Owner 2: BRYAN JEANNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054111

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0165802
  • District: 17
  • Subdivision Phase Number: 2
  • Parcel: 1746.04-92-7541 0165802
  • Lot: 111
  • Municipality: ST MATTHEW'S
  • Latitude: 35.844
  • Longitude: -78.4948

    Address

  • Full Address: 4208 Loon Ln
  • Address - House Number: 4208
  • Address - Street Name: Loon
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R060
  • 4-Digit Zip Code: 9561
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,262

    Appraisal Valuation

  • Standard Deviation: 0.1405
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 83
  • Final Value: 293,399
  • High Value: 334,643
  • Low Value: 252,154

    Market Valuation

  • Market Total Value: $172,000
  • Market Land Value: $35,000
  • Market Improvement Value: $137,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $137,000

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Transaction ID: 11534896856
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2010
  • Previous Sale Contract Date: Mar 31, 2010
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Nov 20, 2018
  • First Mortgage Loan Amount: $169,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Mar 31, 2010
  • Previous Mortgage Loan Amount: $122,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Mallard Crossing



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Frequently Asked Questions

What neighborhood is 4208 Loon Lane located in?
The 4208 Loon Lane is a house located in the neighborhood of Mallard Crossing in Mallard Crossing, Raleigh.
What is the average sales price for listings in 4208 Loon Lane?
The average sales price for units in 4208 Loon Lane is $0 currently.

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