Check Availability

5116 Bur Oak Circle

5116 Bur Oak Circle, Raleigh, NC 27612
Commercial in Northwest Raleigh
5116 Bur Oak Circle has been categorized by the local assessors in Raleigh, NC as a office type of property. The building on the property was first built in 1984 and is 40 years old. The building has a total of 2 stories. In addition, 5116 Bur Oak Circle has 1,801 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as good. 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. The property was last sold in Feb 21, 2020 for $240,000. That's $133.26 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 2016 for $175,000. 5116 Bur Oak Circle was last assessed in 2022. The total value of the property was assessed at $201,944. While improvements on the property were assessed at a total of $201,944. 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 $2,045. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,801
  • Building Area: 1,801
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,801
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: OAK PARK TOWNES OFFICE
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: OAK PARK TWNES OFFICE CONDOS PH2 UNE

Ownership

  • Current Owner : DURMAS HOLDINGS LLC
  • Previous Owner : NOSS LLC
  • Owner Before Previous Owner: PORTER TEMPLE G
  • Owner Before Previous Owner 2: PORTER BRENDA R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052507

Zoning

  • Zoning: OX-3

Geography

  • Account Number: 0131440
  • District: 07
  • Subdivision Phase Number: 2
  • Parcel: 0786.12-85-2632 0131440
  • Municipality: HOUSE CREEK
  • Latitude: 35.8532
  • Longitude: -78.7022

    Address

  • Full Address: 5116 Bur Oak Cir
  • Address - House Number: 5116
  • Address - Street Name: Bur Oak
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 3101
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 27, 2020
  • First Open Lien Mortgage Loan Amount: $192,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $201,944
  • Market Improvement Value: $201,944

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $201,944
  • Assessed Improvements Value: $201,944

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Transaction ID: 11747654288
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 06, 2016
  • Previous Sale Contract Date: Oct 06, 2016
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 27, 2020
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: YADKIN BANK
  • Previous Mortgage Transaction Date: Oct 06, 2016
  • Previous Mortgage Loan Amount: $148,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5438 Sharpe Drive, Raleigh, NC, 27612

$1,695 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,250 ft²
5438 Sharpe Drive, Raleigh, NC, 27612 Listing by Jeff Gillespie

Frequently Asked Questions

What neighborhood is 5116 Bur Oak Circle located in?
The 5116 Bur Oak Circle is a commercial located in the neighborhood of Northwest Raleigh in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 5116 Bur Oak Circle?
The average sales price for units in 5116 Bur Oak Circle is $0 currently.

Quantcast