5340 Stream Stone Way

Local assessors in Raleigh, NC have categorized 5340 Stream Stone Way as a vacant type of property. The property's lot size has been calculated to be 3,049 square feet.

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. 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, 5340 Stream Stone Way sold most recently in Jun 6, 2023 for a total of $1,398,000. 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 $436 in taxes each year. The initial year of tax delinquency occurred in 2022. 5340 Stream Stone Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,000. If we break it down further, the land itself was valued at $40,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.