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501 Van Thomas Drive

501 Van Thomas Drive, Raleigh, NC 27615
Townhouse in Willow Ridge
Sold Dec 19, 2018
$342,500
Sold May 23, 2013
$205,000
$160,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2043
501 Van Thomas Drive in Raleigh, NC was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse 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. 501 Van Thomas Drive has 2,284 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 3,485 square feet.

Learn more about the property and building on this page. The home has a gable style roof. 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 294 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 Dec 14, 2018 for $342,500. That's $149.96 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2013 for $205,000. 501 Van Thomas Drive was last assessed in 2022. The total value of the property was assessed at $337,249. Specifically, the land the property is located on was valued at $65,000. While improvements on the property were assessed at a total of $272,249. 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 $3,435. 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. 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: 1986
  • Effective Year Built: 2017
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • 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: 294
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,284
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLOW RIDGE TONWHOMES
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO13 WILLOW RIDGE TWNHM 85-1217 PH1-3

Ownership

  • Current Owner : PULLEY PHYLLIS M
  • Previous Owner : FRIAR JOHN W
  • Previous Owner 2: FRIAR DEBORAH B
  • Owner Before Previous Owner: HUBBARD ANN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054006

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0143142
  • District: 07
  • Subdivision Phase Number: 1-3
  • Parcel: 1707.16-74-9205 0143142
  • Lot: 13
  • Municipality: HOUSE CREEK
  • Latitude: 35.8768
  • Longitude: -78.6358

    Address

  • Full Address: 501 Van Thomas Dr
  • Address - House Number: 501
  • Address - Street Name: Van Thomas
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C061
  • 4-Digit Zip Code: 6585
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,435

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 555,983
  • High Value: 628,394
  • Low Value: 483,572

    Market Valuation

  • Market Total Value: $337,249
  • Market Land Value: $65,000
  • Market Improvement Value: $272,249

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,249
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $272,249

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Transaction ID: 11543829766
  • Current Sale Price: $342,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2013
  • Previous Sale Contract Date: May 23, 2013
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 23, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2043

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Frequently Asked Questions

What neighborhood is 501 Van Thomas Drive located in?
The 501 Van Thomas Drive is a townhouse located in the neighborhood of Willow Ridge in North Raleigh, Raleigh.
What is the average sales price for listings in 501 Van Thomas Drive?
The average sales price for units in 501 Van Thomas Drive is $0 currently.

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