Check Availability

5005 Ripple Road

5005 Ripple Road, Raleigh, NC 27610
Sold Jun 28, 2011
$230,000
$234,945 by M & I Bank Fsb
Mortgage Due Jul 01, 2041
Sold Dec 02, 2005
$1,088,000
5005 Ripple Road in Raleigh, NC was first built in 2010 and is 14 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5005 Ripple Road has 2,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 480 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 28, 2011 for $230,000. That's $92.00 per sqft. Prior to that sales transaction, the property was also sold in Nov 28, 2005 for $1,088,000. 5005 Ripple Road was last assessed in 2022. The total value of the property was assessed at $278,520. Specifically, the land the property is located on was valued at $43,000. While improvements on the property were assessed at a total of $235,520. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,840. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,500
  • Building Area: 2,500
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER ROGERS FARM
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO29 EDGEWATER @ RGRS FARM P4 BM2003-00990

Ownership

  • Current Owner : SMITH CORNELIUS
  • Current Owner 2: SMITH FONTELLA YVETTE
  • Previous Owner : LOGAN AMERICAN LLC
  • Owner Before Previous Owner: SANDLER AT EDGEWATER LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0315899
  • District: 17
  • Parcel: 1734.10-37-2209 0315899
  • Lot: 29
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8024
  • Longitude: -78.5508

    Address

  • Full Address: 5005 Ripple Rd
  • Address - House Number: 5005
  • Address - Street Name: Ripple
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C027
  • 4-Digit Zip Code: 5363
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,840

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 467,899
  • High Value: 525,815
  • Low Value: 409,982

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,945
  • First Open Lien Mortgage Lender: M & I BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 28, 2011
  • First Open Lien Mortgage Loan Amount: $234,945
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Market Valuation

  • Market Total Value: $278,520
  • Market Land Value: $43,000
  • Market Improvement Value: $235,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,520
  • Assessed Land Value: $43,000
  • Assessed Improvements Value: $235,520

    Sales

  • Current Sale Contract Date: Jun 28, 2011
  • Current Sale Recording Date: Jun 28, 2011
  • Current Sale Transaction ID: 1129911179
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 02, 2005
  • Previous Sale Contract Date: Nov 28, 2005
  • Previous Sale Amount: $1,088,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & I BANK FSB
  • First Mortgage Transaction Date: Jun 28, 2011
  • First Mortgage Loan Amount: $234,945
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2041

About Northeast Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5409 Pennfine Drive, Raleigh, NC, 27610

$1,899 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,862 ft²
5409 Pennfine Drive, Raleigh, NC, 27610 Listing by Bella Godoy
Unit for rent at 3012 Bethwicke Court, Raleigh, NC, 27604

$2,050 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,000 ft²
3012 Bethwicke Court, Raleigh, NC, 27604 Listing by Jenny Nguyen
Unit for rent at 2543 Laurel Valley Way, Raleigh, NC, 27604

$2,150 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,800 ft²
2543 Laurel Valley Way, Raleigh, NC, 27604 Listing by Srini Tamma
Unit for rent at 3120 Rocky Brook Crossing, Raleigh, NC, 27604

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,283 ft²
3120 Rocky Brook Crossing, Raleigh, NC, 27604 Listing by Jenny Nguyen

Frequently Asked Questions

What neighborhood is 5005 Ripple Road located in?
The 5005 Ripple Road is a located in the neighborhood of Edgewater at Rogers Farm in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5005 Ripple Road?
The average sales price for units in 5005 Ripple Road is $0 currently.

Quantcast