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513 Hoke Street

513 Hoke Street, Raleigh, NC 27601
Multifamily in South Park
1 Units For Sale
Unit for sale at 513 Hoke Street, Raleigh, NC 27601

$499,900

  • Studio
513 Hoke Street #AB, Raleigh, NC 27601 Listing by Elisabeth Kane

513 Hoke Street 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 1983 and is 41 years old. The building has a total of 2 stories. In addition, 513 Hoke Street has 1,728 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 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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 fair. 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 frame control joints. The building has a gable style roof. 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. 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, 513 Hoke Street sold most recently in Oct 1, 2008 for a total of $500,000. If you work out the math, that's approximately a cost of $289.35 per sqft. Before that, the property was also sold for $75,000 in Feb 27, 2006. 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 $1,905 in taxes each year. 513 Hoke Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $171,099. If we break it down further, the land itself was valued at $148,750. Improvements to the property, however, were assessed at a total of $22,349. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Condition

New Construction
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: 1983
  • Effective Year Built: 1983
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTH PARK SHEET
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 513 HOKE ST

Ownership

  • Current Owner : TRUSTEES OF WAKE TECHNICAL COMMUNITY COL
  • Previous Owner : COLLINS COLON R
  • Previous Owner 2: COLLINS ALLENE B
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050900

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0038772
  • District: 01
  • Parcel: 1703.16-93-0077 0038772
  • Municipality: RALEIGH
  • Latitude: 35.7637
  • Longitude: -78.6323

    Address

  • Full Address: 513 Hoke St
  • Address - House Number: 513
  • Address - Street Name: Hoke
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C002
  • 4-Digit Zip Code: 2723
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,905

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 367,093
  • High Value: 422,868
  • Low Value: 311,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Oct 16, 2019
  • First Open Lien Mortgage Loan Amount: $198,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $171,099
  • Market Land Value: $148,750
  • Market Improvement Value: $22,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,099
  • Assessed Land Value: $148,750
  • Assessed Improvements Value: $22,349

    Sales

  • Current Sale Contract Date: Oct 01, 2008
  • Current Sale Recording Date: Oct 01, 2008
  • Current Sale Transaction ID: 1133647053
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 06, 2006
  • Previous Sale Contract Date: Feb 27, 2006
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 06, 2006
  • Previous Mortgage Loan Amount: $59,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Central Raleigh



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Frequently Asked Questions

What neighborhood is 513 Hoke Street located in?
The 513 Hoke Street is a multifamily located in the neighborhood of South Park in Central Raleigh, Raleigh.
How many listings are currently for sale in 513 Hoke Street?
There is one unit for sale right now.
What is the average sales price for listings in 513 Hoke Street?
The average sales price for units in 513 Hoke Street is $499,900 currently.

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