Check Availability

5309 Forsyth Park Street

5309 Forsyth Park Street, Raleigh, NC 27616
House in 5401 North
Sold Dec 19, 2022
$425,000
$427,000 by State Employees Credit Union
Mortgage Due Jan 01, 2053
Sold Sep 06, 2018
$307,000
$276,300 by Hpw Towne Mortgage
Mortgage Due Oct 01, 2048
5309 Forsyth Park 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 2016 and is 8 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5309 Forsyth Park Street has 2,142 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 3,485 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 504 sqft. 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 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. There is a single fireplace in the home. Perfect for those wintery 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, 5309 Forsyth Park Street sold most recently in Dec 3, 2022 for a total of $425,000. If you work out the math, that's approximately a cost of $198.41 per sqft. Before that, the property was also sold for $307,000 in Sep 6, 2018. 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 $3,462 in taxes each year. 5309 Forsyth Park Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $339,974. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $259,974. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 2,142
  • Building Area: 2,142
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,142
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO3018 5401 NORTH PH4 BM2015-01056

Ownership

  • Current Owner : SALEH ALY MAHMOUD ALY
  • Current Owner 2: ELBASSYOUNI RUANN MOHAMED
  • Previous Owner : BANIHANI QAIS
  • Owner Before Previous Owner: BROWN KILEY
  • Owner Before Previous Owner 2: JUDD COREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054104

Zoning

  • Zoning: PD

Geography

  • Account Number: 0430648
  • District: 13
  • Subdivision Phase Number: 4
  • Parcel: 1736.02-68-4911 0430648
  • Lot: 3018
  • Municipality: NEUSE
  • Latitude: 35.8618
  • Longitude: -78.5396

    Address

  • Full Address: 5309 Forsyth Park St
  • Address - House Number: 5309
  • Address - Street Name: Forsyth Park
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 6682
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,462

    Appraisal Valuation

  • Standard Deviation: 0.0684
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 96
  • Final Value: 412,919
  • High Value: 441,189
  • Low Value: 384,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $427,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $339,974
  • Market Land Value: $80,000
  • Market Improvement Value: $259,974

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $339,974
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $259,974

    Sales

  • Current Sale Contract Date: Dec 03, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Transaction ID: 11899890072
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 06, 2018
  • Previous Sale Contract Date: Sep 06, 2018
  • Previous Sale Amount: $307,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Mortgage Transaction Date: Dec 19, 2022
  • First Mortgage Loan Amount: $427,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HPW TOWNE MORTGAGE
  • Previous Mortgage Transaction Date: Sep 06, 2018
  • Previous Mortgage Loan Amount: $276,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Northeast Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5307 Stream Stone Way, NC, 27616

$1,895 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,630 ft²
5307 Stream Stone Way, NC, 27616 Listing by Parul Patel
Unit for rent at 5926 Illuminate Avenue, Raleigh, NC, 27616

$1,950 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,750 ft²
5926 Illuminate Avenue, Raleigh, NC, 27616 Listing by Narsa Gaddam
Unit for rent at 4457 Cardinal Grove Boulevard, Raleigh, NC, 27616

$2,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,450 ft²
4457 Cardinal Grove Boulevard, Raleigh, NC, 27616 Listing by Shiv Nunna
Unit for rent at 6912 Eddy Point Lane, Raleigh, NC, 27616

$1,895 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,639 ft²
6912 Eddy Point Lane, Raleigh, NC, 27616 Listing by Satya Pullakhandam
Unit for rent at 3525 Castlegate Drive, Raleigh, NC, 27587

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,222 ft²
3525 Castlegate Drive, Raleigh, NC, 27587 Listing by Ann Rodriguez
Unit for rent at 7221 Beaverwood Drive, Raleigh, NC, 27616

$1,895 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,400 ft²
7221 Beaverwood Drive, Raleigh, NC, 27616 Listing by Bridget Stell
Unit for rent at 4709 Landover Dale Drive, Raleigh, NC, 27616

$1,895 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,500 ft²
4709 Landover Dale Drive #ID11790614, Raleigh, NC, 27616 Listing by Hally Simpson

Frequently Asked Questions

What neighborhood is 5309 Forsyth Park Street located in?
The 5309 Forsyth Park Street is a house located in the neighborhood of 5401 North in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5309 Forsyth Park Street?
The average sales price for units in 5309 Forsyth Park Street is $0 currently.

Quantcast