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5517 Round Hill Lane

5517 Round Hill Lane, Raleigh, NC 27616
House in North Farms
Sold Nov 20, 2019
$195,000
$155,000 by Latino Community Cu
Mortgage Due Dec 01, 2049
Sold Apr 30, 2019
$178,000
$250,000,000 by Nrp Mortgage Trust I
Mortgage
5517 Round Hill Lane in Raleigh, NC was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5517 Round Hill Lane has 1,344 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 12,197 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 308 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. 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, 5517 Round Hill Lane sold most recently in Nov 20, 2019 for a total of $195,000. If you work out the math, that's approximately a cost of $145.09 per sqft. Before that, the property was also sold for $178,000 in Apr 29, 2019. 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 $1,964 in taxes each year. 5517 Round Hill Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $191,991. If we break it down further, the land itself was valued at $56,000. Improvements to the property, however, were assessed at a total of $135,991. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 308
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH FARMS SUBDIVISION
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO35 NORTH FARM 85-363 & 85-1625 SE2B

Ownership

  • Current Owner : GARCIA ANTONIO PEREZ
  • Current Owner 2: REYES BLANCA ESTELA DE JESUS
  • Previous Owner : OPENDOOR PROPERTY N LLC
  • Owner Before Previous Owner: ROBINSON ROBERT TAYLOR
  • Owner Before Previous Owner 2: ROBINSON MEGAN NICOLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054008

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0140452
  • District: 13
  • Parcel: 1726.12-96-0081 0140452
  • Lot: 35
  • Municipality: NEUSE
  • Latitude: 35.854
  • Longitude: -78.5643

    Address

  • Full Address: 5517 Round Hill Ln
  • Address - House Number: 5517
  • Address - Street Name: Round Hill
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C035
  • 4-Digit Zip Code: 5376
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,964

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 335,867
  • High Value: 377,440
  • Low Value: 294,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: LATINO COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Nov 20, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $191,991
  • Market Land Value: $56,000
  • Market Improvement Value: $135,991

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,991
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $135,991

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Transaction ID: 11711653364
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 29, 2019
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LATINO COMMUNITY CU
  • First Mortgage Transaction Date: Nov 20, 2019
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NRP MORTGAGE TRUST I
  • Previous Mortgage Transaction Date: Apr 30, 2019
  • Previous Mortgage Loan Amount: $250,000,000
  • Previous Mortgage Loan Type: Commercial

About Northeast Raleigh



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Nearby Rentals

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$1,750 /mo

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$1,670 /mo

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$1,550 /mo

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  • 1,405 ft²
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Frequently Asked Questions

What neighborhood is 5517 Round Hill Lane located in?
The 5517 Round Hill Lane is a house located in the neighborhood of North Farms in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5517 Round Hill Lane?
The average sales price for units in 5517 Round Hill Lane is $190,000 , or $138/sqft. currently.

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