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5315 Collingswood Drive

5315 Collingswood Drive, Raleigh, NC 27609
House in Montclair
Sold Feb 23, 2023
$1,440,000
$780,000 by First National Bank Of Pennsyl
Mortgage Due Mar 01, 2053
Sold Jun 21, 2021
$425,000
5315 Collingswood Drive 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 1965 and is 59 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5315 Collingswood Drive has 1,476 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 492 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 11,761 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5315 Collingswood Drive was last sold in Feb 14, 2023 for $1,440,000. According to our calculations, that's $975.61 per sqft. Prior to that sales transaction, the property was sold for $425,000 in Jun 4, 2021. Current property owners are expected to pay $3,429 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 5315 Collingswood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $338,700. To break that down further, the land itself was valued at $285,000. While improvements to the property were assessed at a total of $53,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Condition

New Construction

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 492
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,476
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTCLAIR SUBDIVISION
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO17 SUB PT B BLB BLDMONTCL

Ownership

  • Current Owner : BOLTON EVERETT M
  • Current Owner 2: BOLTON KATHLEEN N
  • Previous Owner : WOODARD BUILDERS OF THE TRIANGLE LLC
  • Owner Before Previous Owner: FULFORD EDWARD
  • Owner Before Previous Owner 2: HINTON BLAIR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053716

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0037703
  • District: 07
  • Parcel: 1706.10-45-4997 0037703
  • Lot: 17
  • Municipality: HOUSE CREEK
  • Latitude: 35.854
  • Longitude: -78.6474

    Address

  • Full Address: 5315 Collingswood Dr
  • Address - House Number: 5315
  • Address - Street Name: Collingswood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C004
  • 4-Digit Zip Code: 4363
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,429
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1284
  • Valuation Date: Mar 01, 2023
  • Confidence Score: 85
  • Final Value: 524,077
  • High Value: 591,383
  • Low Value: 456,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Open Lien Mortgage Recording Date: Feb 23, 2023
  • First Open Lien Mortgage Loan Amount: $780,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $338,700
  • Market Land Value: $285,000
  • Market Improvement Value: $53,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $338,700
  • Assessed Land Value: $285,000
  • Assessed Improvements Value: $53,700

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Transaction ID: 11902574161
  • Current Sale Price: $1,440,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 04, 2021
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • First Mortgage Transaction Date: Feb 23, 2023
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

About North Hills



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,795 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,849 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5315 Collingswood Drive located in?
The 5315 Collingswood Drive is a house located in the neighborhood of Montclair in North Hills, Raleigh.
What is the average sales price for listings in 5315 Collingswood Drive?
The average sales price for units in 5315 Collingswood Drive is $0 currently.

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