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5429 Parkwood Drive

5429 Parkwood Drive, Raleigh, NC 27612
House in Brookhaven
Sold Feb 21, 2018
$339,500
$312,372 by Corporate Investors Mortgage G
Mortgage Due Apr 01, 2051
Sold May 15, 2014
$272,000
$267,073 by Townebank Mortgage
Mortgage Due Jun 01, 2044
5429 Parkwood 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 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1975. Residents will have access to 2 full bathrooms. There are 3 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, 5429 Parkwood Drive has 2,170 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 723 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 22,216 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 525 sqft. Love to swim? You'll be excited to find out that there is a pool on the property. 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 brick 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 central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Feb 16, 2018 for $339,500. That's $156.45 per sqft. Prior to that sales transaction, the property was also sold in May 15, 2014 for $272,000. 5429 Parkwood Drive was last assessed in 2022. The total value of the property was assessed at $340,724. Specifically, the land the property is located on was valued at $150,000. While improvements on the property were assessed at a total of $190,724. 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 $3,470. 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. 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: 1963
  • Effective Year Built: 1975
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 723
  • Garage Type: Garage
  • Garage Square Area: 525
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BROOKHAVEN SUB
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO82 BROOKHAVEN SUB ANNEX D BM1962-00129

Ownership

  • Current Owner : VELASCO JESSICA
  • Current Owner 2: ALEXANDER DAWN G
  • Previous Owner : GOMEZ JACQUELINE
  • Owner Before Previous Owner: FELIX MOANA MONTEL
  • Owner Before Previous Owner 2: FELIX GARY EUGENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052506

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0042539
  • District: 07
  • Parcel: 0786.12-96-6981 0042539
  • Lot: 82
  • Municipality: HOUSE CREEK
  • Latitude: 35.8568
  • Longitude: -78.6973

    Address

  • Full Address: 5429 Parkwood Dr
  • Address - House Number: 5429
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C041
  • 4-Digit Zip Code: 6228
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,470

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 80
  • Final Value: 547,789
  • High Value: 633,944
  • Low Value: 461,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,372
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $312,372
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $340,724
  • Market Land Value: $150,000
  • Market Improvement Value: $190,724

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $340,724
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $190,724

    Sales

  • Current Sale Contract Date: Feb 16, 2018
  • Current Sale Recording Date: Feb 21, 2018
  • Current Sale Transaction ID: 11429616221
  • Current Sale Price: $339,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 15, 2014
  • Previous Sale Contract Date: May 15, 2014
  • Previous Sale Amount: $272,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 21, 2018
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: May 15, 2014
  • Previous Mortgage Loan Amount: $267,073
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2044

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Frequently Asked Questions

What neighborhood is 5429 Parkwood Drive located in?
The 5429 Parkwood Drive is a house located in the neighborhood of Brookhaven in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 5429 Parkwood Drive?
The average sales price for units in 5429 Parkwood Drive is $0 currently.

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