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514 Vick Avenue

514 Vick Avenue, Raleigh, NC 27612
Property in Lyon Park
Sold Aug 29, 2019
$452,500
$429,875 by First Community Mortgage Inc
Mortgage Due Sep 01, 2049
514 Vick Avenue in Raleigh, NC was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1995. 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 2 full bathrooms. There are 2 partial bathrooms. 514 Vick Avenue has 1,528 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 11,761 square feet.

Learn more about the property and building on this page. The home has a gable style roof. 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 carport. 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. The condition of the building has been evaluated as average. 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. 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, 514 Vick Avenue was last sold in Aug 27, 2019 for $452,500. According to our calculations, that's $296.14 per sqft. Current property owners are expected to pay $4,566 in taxes per year. The property on 514 Vick Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $448,974. To break that down further, the land itself was valued at $360,000. While improvements to the property were assessed at a total of $88,974. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYON PARK SUB
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 91 & 92 LYON PARK SUB BM1953-65

Ownership

  • Current Owner : TURNER JAMES A
  • Current Owner 2: TURNER WILLIAM TARLTON
  • Previous Owner : GUNN SHARON D
  • Previous Owner 2: THE DANIEL FAMILY IRREVOCABLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051501

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0016569
  • District: 01
  • Parcel: 0795.12-85-2263 0016569
  • Lot: 91,92
  • Municipality: RALEIGH
  • Latitude: 35.8246
  • Longitude: -78.6685

    Address

  • Full Address: 514 Vick Ave
  • Address - House Number: 514
  • Address - Street Name: Vick
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C003
  • 4-Digit Zip Code: 5028
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,566

    Appraisal Valuation

  • Standard Deviation: 0.132
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 84
  • Final Value: 670,723
  • High Value: 759,320
  • Low Value: 582,127

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $629,875
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 29, 2019
  • First Open Lien Mortgage Loan Amount: $429,875
  • 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: Sep 01, 2049
  • Second Open Lien Mortgage Lender: TOWNEBANK
  • Second Open Lien Mortgage Recording Date: Apr 19, 2023
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 414
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2057

    Market Valuation

  • Market Total Value: $448,974
  • Market Land Value: $360,000
  • Market Improvement Value: $88,974

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $448,974
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $88,974

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Transaction ID: 11643876669
  • Current Sale Price: $452,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: Aug 29, 2019
  • First Mortgage Loan Amount: $429,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About North Hills



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Frequently Asked Questions

What neighborhood is 514 Vick Avenue located in?
The 514 Vick Avenue is a located in the neighborhood of Lyon Park in North Hills, Raleigh.
What is the average sales price for listings in 514 Vick Avenue?
The average sales price for units in 514 Vick Avenue is $0 currently.

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