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4601 Mill Rock Lane

4601 Mill Rock Lane, Raleigh, NC 27616
Property in Winchester
Sold Sep 26, 2005
$178,000
$212,000 by Nationstar Mortgage Llc
Mortgage Due Mar 01, 2052
Sold May 11, 1999
$158,000
$142,200 by Greenpoint Mtg Corp
Mortgage Due Jun 01, 2029
Local assessors in Raleigh, NC have categorized 4601 Mill Rock Lane as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 14,375 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4601 Mill Rock Lane has a total of 1,669 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 330 sqft. 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, 4601 Mill Rock Lane sold most recently in Sep 21, 2005 for a total of $178,000. If you work out the math, that's approximately a cost of $106.65 per sqft. Before that, the property was also sold for $158,000 in May 10, 1999. 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 $2,211 in taxes each year. 4601 Mill Rock Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $216,439. 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 $166,439. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1994
  • Effective Year Built: 1994
  • Total Rooms: 7
  • 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
  • Garage Type: Garage
  • Garage Square Area: 330
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,669
  • Building Area: 1,669
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,669
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINCHESTER
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO8 WINCHESTER PHPT 1 BM1994-129

Ownership

  • Current Owner : SANDOVAL LUIS F
  • Current Owner 2: SANDOVAL JUANA D
  • Previous Owner : CHANG DAVID SEUNG
  • Previous Owner 2: CHANG MOON WHA
  • Owner Before Previous Owner: HALL DAVID CHARLES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: BK 1994 PG 129
  • Account Number: 0204381
  • District: 17
  • Subdivision Phase Number: PT 1
  • Parcel: 1725.08-98-7381 0204381
  • Lot: 8
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8328
  • Longitude: -78.5621

    Address

  • Full Address: 4601 Mill Rock Ln
  • Address - House Number: 4601
  • Address - Street Name: Mill Rock
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C018
  • 4-Digit Zip Code: 5096
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,211

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 81
  • Final Value: 379,529
  • High Value: 437,995
  • Low Value: 321,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 16, 2022
  • First Open Lien Mortgage Loan Amount: $212,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $216,439
  • Market Land Value: $50,000
  • Market Improvement Value: $166,439

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $216,439
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $166,439

    Sales

  • Current Sale Contract Date: Sep 21, 2005
  • Current Sale Recording Date: Sep 26, 2005
  • Current Sale Transaction ID: 1128819008
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 11, 1999
  • Previous Sale Contract Date: May 10, 1999
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Sep 26, 2005
  • First Mortgage Loan Amount: $142,000
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MTG CORP
  • Previous Mortgage Transaction Date: May 11, 1999
  • Previous Mortgage Loan Amount: $142,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029

About Northeast Raleigh



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Frequently Asked Questions

What neighborhood is 4601 Mill Rock Lane located in?
The 4601 Mill Rock Lane is a located in the neighborhood of Winchester in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 4601 Mill Rock Lane?
The average sales price for units in 4601 Mill Rock Lane is $0 currently.

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