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5407 Picket Fence Lane

5407 Picket Fence Lane, Raleigh, NC 27606
Sold Oct 23, 2006
$134,000
$100,000 by Everbank.com
Mortgage Due Feb 01, 2044
Sold Mar 18, 2003
$115,000
$103,500 by Equity Services Inc
Mortgage Due Apr 01, 2010
5407 Picket Fence Lane in Raleigh, NC was first built in 1998 and is 26 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 3 partial bathrooms. 5407 Picket Fence Lane has 1,562 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 1,742 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 242 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. 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. The property was last sold in Oct 10, 2006 for $134,000. That's $85.79 per sqft. Prior to that sales transaction, the property was also sold in Mar 14, 2003 for $115,000. 5407 Picket Fence Lane was last assessed in 2023. The total value of the property was assessed at $204,801. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $169,801. 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 $2,252. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,562
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PADDEN PLACE
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO4 PADDEN PLACE TWNHMS BLA BM1998-42

Ownership

  • Current Owner : MORALES CARLOS M
  • Previous Owner : GASTER TRAVIS
  • Previous Owner 2: GASTER SHERRI GARRETT
  • Owner Before Previous Owner: HORN CHRIS D
  • Owner Before Previous Owner 2: HORN CAROL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052411

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0243285
  • District: 01
  • Parcel: 0773.08-98-8821 0243285
  • Lot: 4
  • Municipality: RALEIGH
  • Latitude: 35.7797
  • Longitude: -78.7308

    Address

  • Full Address: 5407 Picket Fence Ln
  • Address - House Number: 5407
  • Address - Street Name: Picket Fence
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C029
  • 4-Digit Zip Code: 1266
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,252

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 331,556
  • High Value: 378,885
  • Low Value: 284,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: Jan 24, 2014
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Feb 01, 2044

    Market Valuation

  • Market Total Value: $204,801
  • Market Land Value: $35,000
  • Market Improvement Value: $169,801

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,801
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $169,801

    Sales

  • Current Sale Contract Date: Oct 10, 2006
  • Current Sale Recording Date: Oct 23, 2006
  • Current Sale Transaction ID: 1132610355
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 18, 2003
  • Previous Sale Contract Date: Mar 14, 2003
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Oct 23, 2006
  • First Mortgage Loan Amount: $107,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY SERVICES INC
  • Previous Mortgage Transaction Date: Mar 18, 2003
  • Previous Mortgage Loan Amount: $103,500
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Apr 01, 2010

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Frequently Asked Questions

What neighborhood is 5407 Picket Fence Lane located in?
The 5407 Picket Fence Lane is a located in the neighborhood of Paddon Place Townhomes in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 5407 Picket Fence Lane?
The average sales price for units in 5407 Picket Fence Lane is $0 currently.

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