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4617 Worthington Lane

4617 Worthington Lane, Raleigh, NC 27604
Sold Sep 01, 2017
$165,000
$168,000 by First Heritage Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Dec 20, 2001
$123,000
4617 Worthington Lane 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 1989 and is 35 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4617 Worthington Lane has 1,501 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. 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 frame control joints. The building has a gable style roof. 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, 4617 Worthington Lane sold most recently in Aug 30, 2017 for a total of $165,000. If you work out the math, that's approximately a cost of $109.93 per sqft. Before that, the property was also sold for $123,000 in Dec 19, 2001. 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 $2,123 in taxes each year. 4617 Worthington Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $207,742. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $152,742. 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: 1989
  • Effective Year Built: 1989
  • Total Rooms: 7
  • 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: 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: 1,501
  • Building Area: 1,501
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,501
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HEDINGHAM VILLAGE PRCL B
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO94B HEDINGHAM VILLAGE PH1 BM1987-01089

Ownership

  • Current Owner : MCCLOUGH SARAH ELISE
  • Previous Owner : LUCAS GRABUS INVESMENT LTD
  • Owner Before Previous Owner: GRABUS GREGORY DAVID
  • Owner Before Previous Owner 2: GRABUS TINA SKELTON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054105

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0166559
  • District: 17
  • Subdivision Phase Number: 1
  • Parcel: 1734.05-18-1848 0166559
  • Lot: 94B
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8068
  • Longitude: -78.5577

    Address

  • Full Address: 4617 Worthington Ln
  • Address - House Number: 4617
  • Address - Street Name: Worthington
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C016
  • 4-Digit Zip Code: 4736
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,123

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 364,595
  • High Value: 409,724
  • Low Value: 319,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $168,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $207,742
  • Market Land Value: $55,000
  • Market Improvement Value: $152,742

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $207,742
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $152,742

    Sales

  • Current Sale Contract Date: Aug 30, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Transaction ID: 1733550183
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 20, 2001
  • Previous Sale Contract Date: Dec 19, 2001
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 01, 2017
  • First Mortgage Loan Amount: $159,807
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

About Northeast Raleigh



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Frequently Asked Questions

What neighborhood is 4617 Worthington Lane located in?
The 4617 Worthington Lane is a located in the neighborhood of Hedingham Village in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 4617 Worthington Lane?
The average sales price for units in 4617 Worthington Lane is $0 currently.

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