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5308 Knollwood Road

5308 Knollwood Road, Raleigh, NC 27609
House in Northglen
Sold Aug 28, 2019
$311,000
$345,600 by Millennial Home Lending Inc
Mortgage Due Sep 01, 2051
Sold Jul 01, 2019
$308,000
$4,000,000 by Deutsche Bank National Trust C
Mortgage Due Mar 20, 2020
Local assessors in Raleigh, NC have categorized 5308 Knollwood Road as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 16,988 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5308 Knollwood Road has a total of 1,914 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 582 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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. Lots of brick were used in the construction of the exterior walls of the home. 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 Aug 27, 2019 for $311,000. That's $162.49 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2019 for $308,000. 5308 Knollwood Road was last assessed in 2022. The total value of the property was assessed at $310,442. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $135,442. 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 $3,163. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1997
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 582
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,914
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTHGLEN
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO10 NORTHGLEN PT D SE2 BLE

Ownership

  • Current Owner : DO HUONG THI MY
  • Previous Owner : OPENDOOR PROPERTY D LLC
  • Owner Before Previous Owner: GILLESPIE RYAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052602

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0068189
  • District: 01
  • Section: 2
  • Parcel: 1706.12-85-4166 0068189
  • Lot: 10
  • Municipality: RALEIGH
  • Latitude: 35.8519
  • Longitude: -78.634

    Address

  • Full Address: 5308 Knollwood Rd
  • Address - House Number: 5308
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C021
  • 4-Digit Zip Code: 4514
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,163

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 546,734
  • High Value: 619,060
  • Low Value: 474,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,600
  • First Open Lien Mortgage Lender: MILLENNIAL HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $345,600
  • 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, 2051

    Market Valuation

  • Market Total Value: $310,442
  • Market Land Value: $175,000
  • Market Improvement Value: $135,442

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $310,442
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $135,442

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Aug 28, 2019
  • Current Sale Transaction ID: 11643123656
  • Current Sale Price: $311,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2019
  • Previous Sale Contract Date: Jun 28, 2019
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Aug 28, 2019
  • First Mortgage Loan Amount: $279,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: DEUTSCHE BANK NATIONAL TRUST C
  • Previous Mortgage Transaction Date: Jul 01, 2019
  • Previous Mortgage Loan Amount: $4,000,000
  • Previous Mortgage Term: 7
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 20, 2020

About North Hills



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Frequently Asked Questions

What neighborhood is 5308 Knollwood Road located in?
The 5308 Knollwood Road is a house located in the neighborhood of Northglen in North Hills, Raleigh.
What is the average sales price for listings in 5308 Knollwood Road?
The average sales price for units in 5308 Knollwood Road is $0 currently.

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