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5301 Neuse Wood Drive

5301 Neuse Wood Drive, Raleigh, NC 27616
Sold May 20, 2019
$234,000
$218,000 by Alcova Mortgage Llc
Mortgage Due May 01, 2036
Sold Feb 28, 2002
$132,000
$130,630 by Ctx Mtg
Mortgage Due Mar 01, 2032
5301 Neuse Wood Drive in Raleigh, NC was first built in 2001 and is 23 years old. Although, the building on the property was most recently renovated and altered in 2006. 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. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5301 Neuse Wood Drive has 1,913 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 5,227 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. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 5301 Neuse Wood Drive sold most recently in May 20, 2019 for a total of $234,000. If you work out the math, that's approximately a cost of $122.32 per sqft. Before that, the property was also sold for $132,000 in Feb 27, 2002. 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 $2,388 in taxes each year. 5301 Neuse Wood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $233,915. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $193,915. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 5,227
  • Total Building Area: 1,913
  • Building Area: 1,913
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,913
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PERRY CREEK
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO27 PARK @ PERRY CREEK PH1 BM1998-2015

Ownership

  • Current Owner : CANALES CRISTIAN NOE
  • Current Owner 2: PINEDA ENAMORADO YESICA Y
  • Previous Owner : ULTIMATE 1 PROPERTIES LLC
  • Owner Before Previous Owner: H J MORRIS CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054014

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0248962
  • District: 13
  • Subdivision Phase Number: 1
  • Parcel: 1738.18-30-8605 0248962
  • Lot: 27
  • Municipality: NEUSE
  • Latitude: 35.8941
  • Longitude: -78.5483

    Address

  • Full Address: 5301 Neuse Wood Dr
  • Address - House Number: 5301
  • Address - Street Name: Neuse Wood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C044
  • 4-Digit Zip Code: 7726
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,388

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 400,671
  • High Value: 450,266
  • Low Value: 351,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,000
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $218,000
  • 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: May 01, 2036

    Market Valuation

  • Market Total Value: $233,915
  • Market Land Value: $40,000
  • Market Improvement Value: $193,915

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,915
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $193,915

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Transaction ID: 11610251422
  • Current Sale Price: $234,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 28, 2002
  • Previous Sale Contract Date: Feb 27, 2002
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 20, 2019
  • First Mortgage Loan Amount: $226,980
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Feb 28, 2002
  • Previous Mortgage Loan Amount: $130,630
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2032

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Frequently Asked Questions

What neighborhood is 5301 Neuse Wood Drive located in?
The 5301 Neuse Wood Drive is a located in the neighborhood of Park at Perry Creek in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5301 Neuse Wood Drive?
The average sales price for units in 5301 Neuse Wood Drive is $0 currently.

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