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5505 Hamstead Crossing

5505 Hamstead Crossing, Raleigh, NC 27612
Townhouse in Hamstead Crossing
Sold Sep 14, 2017
$160,000
$155,200 by United Wholesale Mortgage
Mortgage Due Nov 01, 2047
Sold Jun 05, 1985
$17,500
5505 Hamstead Crossing 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 1982 and is 42 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5505 Hamstead Crossing has 1,302 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 gambrel style roof. 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 Sep 13, 2017 for $160,000. That's $122.89 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 1985 for $17,500. 5505 Hamstead Crossing was last assessed in 2022. The total value of the property was assessed at $183,354. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $138,354. 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 $1,876. 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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Gambrel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,302
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMSTEAD XING TWNHSE CMNTY
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOC HAMSTEAD CROSSING S1 82-844 BL101

Ownership

  • Current Owner : JAHN ERIN K
  • Previous Owner : FELDBUSCH TIMOTHY G
  • Previous Owner 2: FELDBUSCH ROBIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052507

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0124141
  • District: 07
  • Parcel: 0786.11-56-6152 0124141
  • Lot: C
  • Municipality: HOUSE CREEK
  • Latitude: 35.8547
  • Longitude: -78.7109

    Address

  • Full Address: 5505 Hamstead Xing
  • Address - House Number: 5505
  • Address - Street Name: Hamstead
  • Address - Suffix Type: Xing
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C062
  • 4-Digit Zip Code: 7004
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,876

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 321,990
  • High Value: 368,082
  • Low Value: 275,898

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $185,200
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 14, 2017
  • First Open Lien Mortgage Loan Amount: $155,200
  • 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: Nov 01, 2047
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Dec 08, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $183,354
  • Market Land Value: $45,000
  • Market Improvement Value: $138,354

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,354
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $138,354

    Sales

  • Current Sale Contract Date: Sep 13, 2017
  • Current Sale Recording Date: Sep 14, 2017
  • Current Sale Transaction ID: 1736160513
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 05, 1985
  • Previous Sale Contract Date: Jun 05, 1985
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 14, 2017
  • First Mortgage Loan Amount: $155,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 5505 Hamstead Crossing located in?
The 5505 Hamstead Crossing is a townhouse located in the neighborhood of Hamstead Crossing in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 5505 Hamstead Crossing?
The average sales price for units in 5505 Hamstead Crossing is $0 currently.

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