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438 Van Thomas Drive

438 Van Thomas Drive, Raleigh, NC 27615
Townhouse in Willow Ridge
Sold Jun 12, 2020
$295,000
$236,000 by Redfin Mortgage Llc
Mortgage Due Jul 01, 2050
Sold Oct 28, 2019
$301,500
438 Van Thomas Drive 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 1985 and is 39 years old. The building has a total of 2 stories. In addition, 438 Van Thomas Drive has 2,304 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 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 294 sqft. 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 brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. 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, 438 Van Thomas Drive sold most recently in May 26, 2020 for a total of $295,000. If you work out the math, that's approximately a cost of $128.04 per sqft. Before that, the property was also sold for $301,500 in Oct 22, 2019. 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 $3,089 in taxes each year. 438 Van Thomas Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $303,137. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $238,137. 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: 1985
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • 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: 294
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,304
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLOW RIDGE SUBDIVISION
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO9 WILLOW RIDGE TWNHM 85-1217 PH1-3

Ownership

  • Current Owner : BADGLEY SAMUEL EUGENE
  • Current Owner 2: BADGLEY CYNTHIA ANN
  • Previous Owner : OP SPE TPA1 LLC
  • Owner Before Previous Owner: STEPHENSON JENNIFER MARIE
  • Owner Before Previous Owner 2: JONES EDWARD DEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054006

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0143138
  • District: 07
  • Subdivision Phase Number: 1-3
  • Parcel: 1707.16-74-6281 0143138
  • Lot: 9
  • Municipality: HOUSE CREEK
  • Latitude: 35.8767
  • Longitude: -78.6365

    Address

  • Full Address: 438 Van Thomas Dr
  • Address - House Number: 438
  • Address - Street Name: Van Thomas
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C061
  • 4-Digit Zip Code: 5231
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,089

    Appraisal Valuation

  • Standard Deviation: 0.1306
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 499,627
  • High Value: 564,921
  • Low Value: 434,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 12, 2020
  • First Open Lien Mortgage Loan Amount: $236,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $303,137
  • Market Land Value: $65,000
  • Market Improvement Value: $238,137

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $303,137
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $238,137

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Transaction ID: 11768786834
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $301,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 12, 2020
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About North Raleigh



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Frequently Asked Questions

What neighborhood is 438 Van Thomas Drive located in?
The 438 Van Thomas Drive is a townhouse located in the neighborhood of Willow Ridge in North Raleigh, Raleigh.
What is the average sales price for listings in 438 Van Thomas Drive?
The average sales price for units in 438 Van Thomas Drive is $0 currently.

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