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508 Tralee Drive

508 Tralee Drive, Smithfield, NC 27577
Property in Tralee
Sold Nov 01, 2021
$286,000
$165,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Jun 28, 2018
$185,000
$148,000 by Allen Tate Mortgage Partners L
Mortgage Due Jul 01, 2048
508 Tralee Drive in Smithfield, NC was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2012. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 508 Tralee Drive has 1,336 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 10,454 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The home has a gable or hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 forced air unit 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. 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, 508 Tralee Drive sold most recently in Oct 23, 2021 for a total of $286,000. If you work out the math, that's approximately a cost of $214.07 per sqft. Before that, the property was also sold for $185,000 in Jun 14, 2018. 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 $1,272 in taxes each year. 508 Tralee Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,130. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $130,130. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2004
  • Effective Year Built: 2012
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,336
  • Gross Building Area: 2,523
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRALEE SUBDIVISION
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 138 TRALEE PH 1A 61/423

Ownership

  • Current Owner : BELL PAULA
  • Previous Owner : COFFEY JOSEPH P
  • Previous Owner 2: COFFEY DONNA M
  • Owner Before Previous Owner: MAHONEY TRACY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Johnston County Schools
  • School Tax School District: 26
  • School Tax District Code 2: 17
  • Census Tract: 040904

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: BK: 61 PG: 423
  • Account Number: 2000244314
  • District: 17
  • Subdivision Phase Number: 1A
  • Parcel: 17J07017U
  • Lot: 138
  • Municipality: WILSON S MILLS
  • Latitude: 35.564
  • Longitude: -78.366

    Address

  • Full Address: 508 Tralee Dr
  • Address - House Number: 508
  • Address - Street Name: Tralee
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Smithfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 9648
  • Zip Code: 27577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,272
  • Tax Rate Code Area: C,FR26

    Appraisal Valuation

  • Standard Deviation: 0.0708
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 95
  • Final Value: 250,827
  • High Value: 268,608
  • Low Value: 233,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $165,130
  • Market Land Value: $35,000
  • Market Improvement Value: $130,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,130
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $130,130

    Sales

  • Current Sale Contract Date: Oct 23, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11862631715
  • Current Sale Price: $286,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021779314
  • Previous Sale Recording Date: Jun 28, 2018
  • Previous Sale Contract Date: Jun 14, 2018
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • Previous Mortgage Transaction Date: Jun 28, 2018
  • Previous Mortgage Loan Amount: $148,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Tralee



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Frequently Asked Questions

What neighborhood is 508 Tralee Drive located in?
The 508 Tralee Drive is a located in the neighborhood of Tralee in Tralee, Smithfield.
What is the average sales price for listings in 508 Tralee Drive?
The average sales price for units in 508 Tralee Drive is $0 currently.

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