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510 Pace Street

510 Pace Street, Raleigh, NC 27604
Sold Mar 10, 2017
$535,000
$481,500 by First South Bank
Mortgage Due Apr 01, 2047
Sold Feb 26, 2008
$435,000
$385,000 by Branch Banking And Trust Co
Mortgage Due Mar 01, 2038
Local assessors in Raleigh, NC have categorized 510 Pace Street as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 510 Pace Street has a total of 2,513 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 510 Pace Street was last sold in Mar 10, 2017 for $535,000. According to our calculations, that's $212.89 per sqft. Prior to that sales transaction, the property was sold for $435,000 in Feb 26, 2008. Current property owners are expected to pay $5,840 in taxes per year. The property on 510 Pace Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $587,745. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $347,745. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,513
  • Building Area: 2,513
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,513
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PACE STREET
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO3 PACE STREET BM2006-01495

Ownership

  • Current Owner : BENDER MICHAEL B
  • Current Owner 2: HELLMAN SHENANDOAH A
  • Previous Owner : KIRKPATRICK BRIAN E
  • Previous Owner 2: KIRKPATRICK JULIA YOUNG
  • Owner Before Previous Owner: BLANKINSHIP MATTHEW E
  • Owner Before Previous Owner 2: BLANKINSHIP WENDY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050500

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0349822
  • District: 01
  • Parcel: 1704.20-92-4273 0349822
  • Lot: 3
  • Municipality: RALEIGH
  • Latitude: 35.7889
  • Longitude: -78.6309

    Address

  • Full Address: 510 Pace St
  • Address - House Number: 510
  • Address - Street Name: Pace
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 1958
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,840

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 833,119
  • High Value: 943,299
  • Low Value: 722,939

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $481,500
  • First Open Lien Mortgage Lender: FIRST SOUTH BANK
  • First Open Lien Mortgage Recording Date: Mar 10, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $481,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $587,745
  • Market Land Value: $240,000
  • Market Improvement Value: $347,745

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $587,745
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $347,745

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1807346637
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 26, 2008
  • Previous Sale Contract Date: Feb 26, 2008
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SOUTH BANK
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $481,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Feb 26, 2008
  • Previous Mortgage Loan Amount: $385,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2038

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 510 Pace Street located in?
The 510 Pace Street is a located in the neighborhood of Pace Street Village in Central Raleigh, Raleigh.
What is the average sales price for listings in 510 Pace Street?
The average sales price for units in 510 Pace Street is $0 currently.

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