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4301 Franklin Ridge Court

4301 Franklin Ridge Court, Raleigh, NC 27616
Property in Winchester
Sold Aug 28, 2009
$215,000
$172,000 by Coastal Fcu
Mortgage Due Sep 01, 2039
Sold Mar 10, 2006
$234,000
$210,600 by Global Lending Llc
Mortgage Due Apr 01, 2036
4301 Franklin Ridge Court 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 1997 and is 27 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4301 Franklin Ridge Court has 2,729 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 8,712 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 462 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. 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 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. 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, 4301 Franklin Ridge Court sold most recently in Aug 28, 2009 for a total of $215,000. If you work out the math, that's approximately a cost of $78.78 per sqft. Before that, the property was also sold for $234,000 in Mar 10, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,031 in taxes each year. 4301 Franklin Ridge Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $297,340. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $247,340. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,729
  • Building Area: 2,729
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,729
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINCHESTER SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO137 WINCHESTER SUB PH2C BM1995-1801

Ownership

  • Current Owner : KINANE MATTHEW J
  • Current Owner 2: KINANE SUSAN M
  • Previous Owner : NGUYEN QUANG DUY
  • Previous Owner 2: NGUYEN BICH NGOC
  • Owner Before Previous Owner: COX JAMES W
  • Owner Before Previous Owner 2: COX HOLLIE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0220841
  • District: 17
  • Parcel: 1735.05-09-5021 0220841
  • Lot: 137
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8347
  • Longitude: -78.5597

    Address

  • Full Address: 4301 Franklin Ridge Ct
  • Address - House Number: 4301
  • Address - Street Name: Franklin Ridge
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C037
  • 4-Digit Zip Code: 0721
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,031

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 86
  • Final Value: 486,760
  • High Value: 547,528
  • Low Value: 425,991

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $278,000
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Aug 28, 2009
  • First Open Lien Mortgage Loan Amount: $172,000
  • 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: Sep 01, 2039
  • Second Open Lien Mortgage Lender: COASTAL FCU
  • Second Open Lien Mortgage Recording Date: May 24, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $106,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $297,340
  • Market Land Value: $50,000
  • Market Improvement Value: $247,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,340
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $247,340

    Sales

  • Current Sale Contract Date: Aug 28, 2009
  • Current Sale Recording Date: Aug 28, 2009
  • Current Sale Transaction ID: 1129938391
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 10, 2006
  • Previous Sale Contract Date: Mar 10, 2006
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Aug 28, 2009
  • First Mortgage Loan Amount: $172,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: GLOBAL LENDING LLC
  • Previous Mortgage Transaction Date: Mar 10, 2006
  • Previous Mortgage Loan Amount: $210,600
  • 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: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 4301 Franklin Ridge Court located in?
The 4301 Franklin Ridge Court is a located in the neighborhood of Winchester in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 4301 Franklin Ridge Court?
The average sales price for units in 4301 Franklin Ridge Court is $0 currently.

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