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5525 Wedgegate Drive

5525 Wedgegate Drive, Raleigh, NC 27616
Sold Jun 22, 2018
$212,500
$218,500 by Navy Fcu
Mortgage Due Dec 01, 2048
Sold Aug 27, 2013
$162,000
$162,000 by State Employees Credit Union
Mortgage Due Sep 01, 2043
5525 Wedgegate 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 1999 and is 25 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5525 Wedgegate Drive has 2,036 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 9,148 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 380 sqft. 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 gable 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 Jun 22, 2018 for $212,500. That's $104.37 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2013 for $162,000. 5525 Wedgegate Drive was last assessed in 2022. The total value of the property was assessed at $242,002. Specifically, the land the property is located on was valued at $52,000. While improvements on the property were assessed at a total of $190,002. 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 $2,470. 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. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 380
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,036
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO124 CARDINAL GROVE P4 SEB BLDBM98-1 BM1998-01160

Ownership

  • Current Owner : OPENDOOR PROPERTY W5 LLC
  • Previous Owner : ROCK KEISHA C
  • Owner Before Previous Owner: CAISON ANTHONY M
  • Owner Before Previous Owner 2: CAISON SANTRELL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0247870
  • District: 13
  • Parcel: 1736.14-32-3625 0247870
  • Lot: 124
  • Municipality: NEUSE
  • Latitude: 35.8446
  • Longitude: -78.5501

    Address

  • Full Address: 5525 Wedgegate Dr
  • Address - House Number: 5525
  • 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: $2,470

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 407,676
  • High Value: 463,543
  • Low Value: 351,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,500
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Nov 29, 2018
  • First Open Lien Mortgage Loan Amount: $218,500
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $242,002
  • Market Land Value: $52,000
  • Market Improvement Value: $190,002

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,002
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $190,002

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Transaction ID: 11562671544
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 27, 2013
  • Previous Sale Contract Date: Aug 27, 2013
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 27, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $162,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

What neighborhood is 5525 Wedgegate Drive located in?
The 5525 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 5525 Wedgegate Drive?
The average sales price for units in 5525 Wedgegate Drive is $0 currently.

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