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5521 Wedgegate Drive

5521 Wedgegate Drive, Raleigh, NC 27616
Sold Jan 09, 2020
$229,000
$225,708 by Better Mortgage Corporation
Mortgage Due May 01, 2051
Sold Sep 30, 2019
$226,500
Local assessors in Raleigh, NC have categorized 5521 Wedgegate Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5521 Wedgegate Drive has a total of 1,662 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 304 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jan 9, 2020 for $229,000. That's $137.79 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2019 for $226,500. 5521 Wedgegate Drive was last assessed in 2022. The total value of the property was assessed at $225,289. Specifically, the land the property is located on was valued at $52,000. While improvements on the property were assessed at a total of $173,289. 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 $2,301. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 304
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,662
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARDINAL GROVE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO125 CARDINAL GROVE P4 SEB BLDBM98-1 BM1998-01160

Ownership

  • Current Owner : HAKIMI JAVID
  • Current Owner 2: STAGNER HEATHER MARIE
  • Previous Owner : OPENDOOR PROPERTY TRUST 1
  • Owner Before Previous Owner: BENTON JAMES C
  • Owner Before Previous Owner 2: BENTON MERCIDEE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054104

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0247871
  • District: 13
  • Parcel: 1736.14-32-2656 0247871
  • Lot: 125
  • Municipality: NEUSE
  • Latitude: 35.8446
  • Longitude: -78.5504

    Address

  • Full Address: 5521 Wedgegate Dr
  • Address - House Number: 5521
  • Address - Street Name: Wedgegate
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C020
  • 4-Digit Zip Code: 2969
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,301

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 386,291
  • High Value: 439,227
  • Low Value: 333,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,708
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $225,708
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $225,289
  • Market Land Value: $52,000
  • Market Improvement Value: $173,289

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,289
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $173,289

    Sales

  • Current Sale Contract Date: Jan 09, 2020
  • Current Sale Recording Date: Jan 09, 2020
  • Current Sale Transaction ID: 11714219790
  • Current Sale Price: $229,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 30, 2019
  • Previous Sale Contract Date: Sep 29, 2019
  • Previous Sale Amount: $226,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Jan 09, 2020
  • First Mortgage Loan Amount: $229,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

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Frequently Asked Questions

What neighborhood is 5521 Wedgegate Drive located in?
The 5521 Wedgegate Drive is a house located in the neighborhood of Cardinal Grove in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5521 Wedgegate Drive?
The average sales price for units in 5521 Wedgegate Drive is $0 currently.

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