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5101 Kaplan Drive

5101 Kaplan Drive, Raleigh, NC 27606
Property in Cardinal Hills
Sold Nov 22, 2021
$390,000
$292,500 by Primelending
Mortgage Due Dec 01, 2051
Sold Jan 19, 2018
$285,000
$270,750 by North State Bank
Mortgage Due Feb 01, 2048
5101 Kaplan Drive 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 1967 and is 57 years old. However, we must point out that the home was most recently renovated and altered in 1995. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5101 Kaplan Drive has 1,722 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 13,068 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5101 Kaplan Drive was last sold in Oct 29, 2021 for $390,000. According to our calculations, that's $226.48 per sqft. Prior to that sales transaction, the property was sold for $285,000 in Jan 19, 2018. Current property owners are expected to pay $3,175 in taxes per year. The property on 5101 Kaplan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $289,453. To break that down further, the land itself was valued at $105,000. While improvements to the property were assessed at a total of $184,453. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1967
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,722
  • Building Area: 1,722
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,722
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARDINAL HILLS
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO10 CARDINAL HILLS BL8

Ownership

  • Current Owner : HORGAN MAXWELL JOHN
  • Current Owner 2: HORGAN REGAN PEEK
  • Previous Owner : JONES BRADLEY W
  • Previous Owner 2: HORGAN MARGOT T
  • Owner Before Previous Owner: MACLENNAN KATHERINE NOYES
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 02, 2024

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052404

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0035444
  • District: 01
  • Parcel: 0783.07-67-6533 0035444
  • Lot: 10
  • Municipality: RALEIGH
  • Latitude: 35.7761
  • Longitude: -78.7079

    Address

  • Full Address: 5101 Kaplan Dr
  • Address - House Number: 5101
  • Address - Street Name: Kaplan
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C013
  • 4-Digit Zip Code: 2524
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,175

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 86
  • Final Value: 494,370
  • High Value: 554,239
  • Low Value: 434,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Loan Amount: $292,500
  • 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: $289,453
  • Market Land Value: $105,000
  • Market Improvement Value: $184,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,453
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $184,453

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869427193
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 19, 2018
  • Previous Sale Contract Date: Jan 19, 2018
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Jan 19, 2018
  • Previous Mortgage Loan Amount: $270,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Southwest Raleigh



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4004 Pepperton Drive, Raleigh, NC, 27606 Listing by Wayne Li

Frequently Asked Questions

What neighborhood is 5101 Kaplan Drive located in?
The 5101 Kaplan Drive is a located in the neighborhood of Cardinal Hills in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 5101 Kaplan Drive?
The average sales price for units in 5101 Kaplan Drive is $0 currently.

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