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5008 Neiman Cove

5008 Neiman Cove, Raleigh, NC 27612
Sold Aug 06, 2018
$1,100,000
$150,000 by First Citizens Bank
Mortgage
Sold Aug 22, 2013
$1,086,000
$797,600 by Pentagon Fcu
Mortgage Due Sep 01, 2043
5008 Neiman Cove 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 2013 and is 11 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5008 Neiman Cove has 5,068 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 23,522 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 396 sqft. 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 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. 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, 5008 Neiman Cove sold most recently in Aug 1, 2018 for a total of $1,100,000. If you work out the math, that's approximately a cost of $217.05 per sqft. Before that, the property was also sold for $1,086,000 in Aug 22, 2013. 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 $12,069 in taxes each year. 5008 Neiman Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,190,069. If we break it down further, the land itself was valued at $195,000. Improvements to the property, however, were assessed at a total of $995,069. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 5,068
  • Building Area: 5,068
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMPTONS AT UMSTEAD
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO128 THE HAMPTONS AT UMSTEAD BM2007-02445

Ownership

  • Current Owner : CHORBA MICHAEL JOE4PH
  • Current Owner 2: CHORBA SARA MATYIKO
  • Previous Owner : EHLERS KURT W
  • Previous Owner 2: EHLERS VIRGINIA M
  • Owner Before Previous Owner: GRAY LINE BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052503

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0369033
  • District: 04
  • Parcel: 0786.18-20-7112 0369033
  • Lot: 128
  • Municipality: CARY
  • Latitude: 35.8382
  • Longitude: -78.7209

    Address

  • Full Address: 5008 Neiman Cv
  • Address - House Number: 5008
  • Address - Street Name: Neiman
  • Address - Suffix Type: Cv
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C023
  • 4-Digit Zip Code: 3675
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,069

    Appraisal Valuation

  • Standard Deviation: 0.1162
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,751,459
  • High Value: 1,955,060
  • Low Value: 1,547,858

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Aug 06, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK AND TRUST
  • Second Open Lien Mortgage Recording Date: Dec 13, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,190,069
  • Market Land Value: $195,000
  • Market Improvement Value: $995,069

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,190,069
  • Assessed Land Value: $195,000
  • Assessed Improvements Value: $995,069

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Transaction ID: 11491068461
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 22, 2013
  • Previous Sale Contract Date: Aug 22, 2013
  • Previous Sale Amount: $1,086,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK
  • First Mortgage Transaction Date: Aug 06, 2018
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PENTAGON FCU
  • Previous Mortgage Transaction Date: Aug 22, 2013
  • Previous Mortgage Loan Amount: $797,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

What neighborhood is 5008 Neiman Cove located in?
The 5008 Neiman Cove is a located in the neighborhood of The Hamptons at Umstead in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 5008 Neiman Cove?
The average sales price for units in 5008 Neiman Cove is $0 currently.

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