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5324 Patuxent Drive

5324 Patuxent Drive, Raleigh, NC 27616
Sold May 29, 2014
$110,000
$84,900 by State Employees Cu
Mortgage Due Jun 01, 2029
Sold Dec 17, 2001
$120,500
$119,529 by Ch Mtg Company I Ltd Partnersh
Mortgage Due Jan 01, 2032
5324 Patuxent Drive in Raleigh, NC was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse 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. 5324 Patuxent Drive has 1,290 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 2,178 square feet.

Learn more about the property and building on this page. The home has a hip 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. 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, 5324 Patuxent Drive was last sold in May 8, 2014 for $110,000. According to our calculations, that's $85.27 per sqft. Prior to that sales transaction, the property was sold for $120,500 in Dec 14, 2001. Current property owners are expected to pay $1,659 in taxes per year. The property on 5324 Patuxent Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $161,850. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $126,850. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,290
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLENS RIVERSIDE
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO32 GLENS @ RIVERSIDE BLH BM2001-02127

Ownership

  • Current Owner : HANNING DIANNE J
  • Previous Owner : GAUR DHRUV
  • Previous Owner 2: GAUR KIMBERLY
  • Owner Before Previous Owner: D R HORTON INC TORREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0291305
  • District: 13
  • Parcel: 1737.06-27-9762 0291305
  • Lot: 32
  • Municipality: NEUSE
  • Latitude: 35.8861
  • Longitude: -78.5511

    Address

  • Full Address: 5324 Patuxent Dr
  • Address - House Number: 5324
  • Address - Street Name: Patuxent
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C041
  • 4-Digit Zip Code: 6518
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,659

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 280,981
  • High Value: 320,551
  • Low Value: 241,411

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,900
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: May 29, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $84,900
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2029

    Market Valuation

  • Market Total Value: $161,850
  • Market Land Value: $35,000
  • Market Improvement Value: $126,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $161,850
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $126,850

    Sales

  • Current Sale Contract Date: May 08, 2014
  • Current Sale Recording Date: May 29, 2014
  • Current Sale Transaction ID: 1130047435
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 17, 2001
  • Previous Sale Contract Date: Dec 14, 2001
  • Previous Sale Amount: $120,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 29, 2014
  • First Mortgage Loan Amount: $84,900
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2029

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CH MTG COMPANY I LTD PARTNERSH
  • Previous Mortgage Transaction Date: Dec 17, 2001
  • Previous Mortgage Loan Amount: $119,529
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2032

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Frequently Asked Questions

What neighborhood is 5324 Patuxent Drive located in?
The 5324 Patuxent Drive is a located in the neighborhood of Glens at Riverside Townhomes in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5324 Patuxent Drive?
The average sales price for units in 5324 Patuxent Drive is $0 currently.

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