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5245 Fairmead Circle

5245 Fairmead Circle, Raleigh, NC 27613
Sold Nov 23, 2021
$450,000
$427,500 by Advantage Lending Llc
Mortgage Due Dec 01, 2051
Sold Nov 29, 2005
$227,000
Local assessors in Raleigh, NC have categorized 5245 Fairmead Circle as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 9,583 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5245 Fairmead Circle has a total of 2,453 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 299 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 23, 2021 for $450,000. That's $183.45 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2005 for $227,000. 5245 Fairmead Circle was last assessed in 2022. The total value of the property was assessed at $336,382. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $251,382. 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 $3,426. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1994
  • Effective Year Built: 1994
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 299
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,453
  • Building Area: 2,453
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,453
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE PARK AT HARRINGTON GROVE
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO78 PRK @ HARRNGTN GRV 91-1278 BLDP1 TRB

Ownership

  • Current Owner : GORDON VICTORIA
  • Current Owner 2: BARNES SAMUEL
  • Previous Owner : GARIBOLDI KATHYLYNN
  • Previous Owner 2: GARIBOLDI PAUL
  • Owner Before Previous Owner: BRASSINGTON SCOTT
  • Owner Before Previous Owner 2: BRASSINGTON JOANNE N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053719

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0192904
  • District: 08
  • Subdivision Tract Number: B
  • Parcel: 0779.03-40-3511 0192904
  • Lot: 78
  • Municipality: LEESVILLE
  • Latitude: 35.9218
  • Longitude: -78.749

    Address

  • Full Address: 5245 Fairmead Cir
  • Address - House Number: 5245
  • Address - Street Name: Fairmead
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R066
  • 4-Digit Zip Code: 7806
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,426

    Appraisal Valuation

  • Standard Deviation: 0.1294
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 552,491
  • High Value: 623,997
  • Low Value: 480,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,500
  • First Open Lien Mortgage Lender: ADVANTAGE LENDING LLC
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $427,500
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $336,382
  • Market Land Value: $85,000
  • Market Improvement Value: $251,382

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,382
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $251,382

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11869427192
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 29, 2005
  • Previous Sale Contract Date: Nov 29, 2005
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVANTAGE LENDING LLC
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Umstead



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Frequently Asked Questions

What neighborhood is 5245 Fairmead Circle located in?
The 5245 Fairmead Circle is a located in the neighborhood of Park at Harrington Grove in Umstead, Raleigh.
What is the average sales price for listings in 5245 Fairmead Circle?
The average sales price for units in 5245 Fairmead Circle is $0 currently.

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