500 Pendleton Lake Road

Local assessors in Raleigh, NC have categorized 500 Pendleton Lake Road as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 217,364 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 3 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 500 Pendleton Lake Road has a total of 10,045 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. 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 1,250 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 brick control joints. The building has a hip style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 500 Pendleton Lake Road sold most recently in Oct 30, 2018 for a total of $1,300,000. If you work out the math, that's approximately a cost of $129.42 per sqft. Before that, the property was also sold for $1,300,000 in Aug 15, 2018. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $11,608 in taxes each year. 500 Pendleton Lake Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,604,558. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $1,424,558. 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.