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5108 Gansett Lane

5108 Gansett Lane, Raleigh, NC 27612
Sold Jul 31, 2020
$785,000
$117,750 by First Citizens Bank & Trust Co
Mortgage
Sold Oct 30, 2014
$672,500
$417,000 by Corporate Investors Mortgage G
Mortgage Due Nov 01, 2044
5108 Gansett Lane in Raleigh, NC was first built in 2014 and is 10 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 conventional style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5108 Gansett Lane has 3,463 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 23,522 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. For those who need parking, there is a garage. The garage is 888 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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. The property was last sold in Jul 31, 2020 for $785,000. That's $226.68 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2014 for $672,500. 5108 Gansett Lane was last assessed in 2022. The total value of the property was assessed at $804,345. Specifically, the land the property is located on was valued at $210,000. While improvements on the property were assessed at a total of $594,345. 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 $8,164. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 888
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 3,463
  • Building Area: 3,463
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE HAMPTONS AT UMSTEAD
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO49 THE HAMPTONS AT UMSTEAD PH2 BM2008-01007

Ownership

  • Current Owner : SPAULDING JERRY
  • Current Owner 2: SPAULDING JOY
  • Previous Owner : PEREZ ADAM L
  • Previous Owner 2: PEREZ MELISSA S
  • Owner Before Previous Owner: FOREVERHOME LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053709

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0412081
  • District: 04
  • Subdivision Phase Number: 2
  • Parcel: 0786.13-23-0494 0412081
  • Lot: 49
  • Municipality: CARY
  • Latitude: 35.8474
  • Longitude: -78.723

    Address

  • Full Address: 5108 Gansett Ln
  • Address - House Number: 5108
  • Address - Street Name: Gansett
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C023
  • 4-Digit Zip Code: 3694
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,164

    Appraisal Valuation

  • Standard Deviation: 0.1162
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,169,223
  • High Value: 1,305,141
  • Low Value: 1,033,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,750
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $117,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $804,345
  • Market Land Value: $210,000
  • Market Improvement Value: $594,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $804,345
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $594,345

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11783494269
  • Current Sale Price: $785,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 30, 2014
  • Previous Sale Amount: $672,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Previous Mortgage Transaction Date: Oct 30, 2014
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

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Frequently Asked Questions

What neighborhood is 5108 Gansett Lane located in?
The 5108 Gansett Lane is a located in the neighborhood of The Hamptons at Umstead in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 5108 Gansett Lane?
The average sales price for units in 5108 Gansett Lane is $0 currently.

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