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508 Erie Road

508 Erie Road, Raleigh, NC 27610
Sold Nov 14, 2022
$272,000
$260,200 by Ameris Bank
Mortgage Due Dec 01, 2052
Sold Jan 30, 2019
$165,000
$162,011 by Towne Mortgage Of The Carolina
Mortgage Due Feb 01, 2049
508 Erie Road 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 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2010. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 508 Erie Road has 1,476 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Nov 14, 2022 for $272,000. That's $184.28 per sqft. Prior to that sales transaction, the property was also sold in Jan 30, 2019 for $165,000. 508 Erie Road was last assessed in 2022. The total value of the property was assessed at $164,635. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $134,635. 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 $1,687. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 1,742
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,476
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WINSLOW RIDGE AT SUNNYBROOK
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO30 WINSLOW RIDGE @ SNNYBRK BM2001-02202

Ownership

  • Current Owner : MOON KEISHA N
  • Previous Owner : TOBOLA VERA VALENTINOVNA
  • Owner Before Previous Owner: LIGOTINO MITCHELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054106

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0296546
  • District: 01
  • Parcel: 1723.10-46-3761 0296546
  • Lot: 30
  • Municipality: RALEIGH
  • Latitude: 35.7735
  • Longitude: -78.5807

    Address

  • Full Address: 508 Erie Rd
  • Address - House Number: 508
  • Address - Street Name: Erie
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C025
  • 4-Digit Zip Code: 3990
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,687

    Appraisal Valuation

  • Standard Deviation: 0.0689
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 96
  • Final Value: 265,124
  • High Value: 283,404
  • Low Value: 246,843

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $268,200
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Nov 14, 2022
  • First Open Lien Mortgage Loan Amount: $260,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052
  • Second Open Lien Mortgage Lender: NORTH CAROLINA HOUSING FINANCE
  • Second Open Lien Mortgage Recording Date: Nov 14, 2022
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $164,635
  • Market Land Value: $30,000
  • Market Improvement Value: $134,635

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,635
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $134,635

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Transaction ID: 11898903096
  • Current Sale Price: $272,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 30, 2019
  • Previous Sale Contract Date: Jan 30, 2019
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Nov 14, 2022
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • Previous Mortgage Transaction Date: Jan 30, 2019
  • Previous Mortgage Loan Amount: $162,011
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 508 Erie Road located in?
The 508 Erie Road is a townhouse located in the neighborhood of Winslow Ridge at Sunnybrook in Southeast Raleigh, Raleigh.
What is the average sales price for listings in 508 Erie Road?
The average sales price for units in 508 Erie Road is $0 currently.

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