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5101 Neuse Commons Lane

5101 Neuse Commons Lane, Raleigh, NC 27616
Sold Jan 24, 2019
$196,000
$137,200 by Fifth Third Bank
Mortgage Due Feb 01, 2049
Sold Feb 15, 2017
Transfer
$155,662 by Village Capital & Investment L
Mortgage Due Mar 01, 2047
5101 Neuse Commons Lane in Raleigh, NC was first built in 2004 and is 20 years old. 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 3 full bathrooms. There are 3 partial bathrooms. 5101 Neuse Commons Lane has 2,586 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. The basement is 626 sqft and has been categorized as a full basement. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 5101 Neuse Commons Lane sold most recently in Jan 24, 2019 for a total of $196,000. If you work out the math, that's approximately a cost of $75.79 per sqft. 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 $2,024 in taxes each year. 5101 Neuse Commons Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $197,965. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $167,965. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 626
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,586
  • Building Area: 2,586
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,586
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THORNTON SQUARE TOWNHOMES
  • Land Acres: 0.09
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO53 THORNTON SQUARE TWNHMS BM2002-982

Ownership

  • Current Owner : CHAVIS CHELCEY N
  • Previous Owner : OVERBY LISA
  • Owner Before Previous Owner: OVERBY LISA
  • Owner Before Previous Owner 2: OVERBY LISA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054014

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0300518
  • District: 13
  • Subdivision Tract Number: 3
  • Parcel: 1738.18-21-5469 0300518
  • Lot: 53
  • Municipality: NEUSE
  • Latitude: 35.8964
  • Longitude: -78.5524

    Address

  • Full Address: 5101 Neuse Commons Ln
  • Address - House Number: 5101
  • Address - Street Name: Neuse Commons
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C045
  • 4-Digit Zip Code: 8351
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,024

    Appraisal Valuation

  • Standard Deviation: 0.1245
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 335,366
  • High Value: 377,143
  • Low Value: 293,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,200
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Jan 24, 2019
  • First Open Lien Mortgage Loan Amount: $137,200
  • 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: Feb 01, 2049

    Market Valuation

  • Market Total Value: $197,965
  • Market Land Value: $30,000
  • Market Improvement Value: $167,965

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,965
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $167,965

    Sales

  • Current Sale Contract Date: Jan 24, 2019
  • Current Sale Recording Date: Jan 24, 2019
  • Current Sale Transaction ID: 11562183411
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 15, 2017
  • Previous Sale Contract Date: Feb 09, 2017
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Jan 24, 2019
  • First Mortgage Loan Amount: $137,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: VILLAGE CAPITAL & INVESTMENT L
  • Previous Mortgage Transaction Date: Feb 15, 2017
  • Previous Mortgage Loan Amount: $155,662
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 5101 Neuse Commons Lane located in?
The 5101 Neuse Commons Lane is a townhouse located in the neighborhood of Thornton Square Townhomes in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5101 Neuse Commons Lane?
The average sales price for units in 5101 Neuse Commons Lane is $0 currently.

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