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5509 Landreaux Drive

5509 Landreaux Drive, Raleigh, NC 27610
Property in Pearl Ridge
Sold Sep 02, 2011
$75,000
$61,125 by Coastal Fcu
Mortgage Due Dec 01, 2041
Sold Mar 27, 2008
$122,000
$122,000 by Alera Financial Llc
Mortgage Due Apr 01, 2038
5509 Landreaux 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 2007 and is 17 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, 5509 Landreaux Drive has 1,488 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 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. The exterior walls of the building are made of alum/vinyl siding. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5509 Landreaux Drive was last sold in Aug 26, 2011 for $75,000. According to our calculations, that's $50.40 per sqft. Prior to that sales transaction, the property was sold for $122,000 in Mar 27, 2008. Current property owners are expected to pay $1,765 in taxes per year. The property on 5509 Landreaux Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $172,339. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $127,339. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,488
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILL PEARL RDG
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO47 VILL @ PEARL RDG 04-733 PH1-6 BM2007-01843

Ownership

  • Current Owner : NORTH CAROLINA HOUSING FINANCE AGENCY
  • Previous Owner : FINCH RODNEY J
  • Previous Owner 2: FINCH BETHANY E
  • Owner Before Previous Owner: ATREUS COMMUNITIES OF RALEIGH INC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052807

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0320166
  • District: 16
  • Subdivision Phase Number: 1-6
  • Parcel: 1722.20-90-4049 0320166
  • Lot: 47
  • Municipality: ST MARY'S
  • Latitude: 35.7277
  • Longitude: -78.5639

    Address

  • Full Address: 5509 Landreaux Dr
  • Address - House Number: 5509
  • Address - Street Name: Landreaux
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C031
  • 4-Digit Zip Code: 6189
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,765

    Appraisal Valuation

  • Standard Deviation: 0.1463
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 82
  • Final Value: 306,737
  • High Value: 351,638
  • Low Value: 261,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,125
  • First Open Lien Mortgage Lender: COASTAL FCU
  • First Open Lien Mortgage Recording Date: Dec 02, 2011
  • First Open Lien Mortgage Loan Amount: $61,125
  • 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: Dec 01, 2041

    Market Valuation

  • Market Total Value: $172,339
  • Market Land Value: $45,000
  • Market Improvement Value: $127,339

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,339
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $127,339

    Sales

  • Current Sale Contract Date: Aug 26, 2011
  • Current Sale Recording Date: Sep 02, 2011
  • Current Sale Transaction ID: 1128764724
  • Current Sale Price: $75,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 27, 2008
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALERA FINANCIAL LLC
  • Previous Mortgage Transaction Date: Mar 27, 2008
  • Previous Mortgage Loan Amount: $122,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2038

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Frequently Asked Questions

What neighborhood is 5509 Landreaux Drive located in?
The 5509 Landreaux Drive is a located in the neighborhood of Pearl Ridge in Southeast Raleigh, Raleigh.
What is the average sales price for listings in 5509 Landreaux Drive?
The average sales price for units in 5509 Landreaux Drive is $0 currently.

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