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5528 Cottonrose Lane

5528 Cottonrose Lane, Raleigh, NC 27606
Sold Nov 09, 2017
$212,500
$159,375 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2047
Sold Oct 13, 2006
$167,500
$167,480 by Fm Lending Services Inc
Mortgage Due Nov 01, 2036
5528 Cottonrose Lane 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 2006 and is 18 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, 5528 Cottonrose Lane has 1,515 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 2,614 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 263 sqft. 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. 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. 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, 5528 Cottonrose Lane sold most recently in Nov 9, 2017 for a total of $212,500. If you work out the math, that's approximately a cost of $140.26 per sqft. Before that, the property was also sold for $167,500 in Oct 13, 2006. 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 $2,383 in taxes each year. 5528 Cottonrose Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $233,376. If we break it down further, the land itself was valued at $46,000. Improvements to the property, however, were assessed at a total of $187,376. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 263
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,515
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MEADOWWOOD CRSG
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO138 MEADOWWOOD CRSG TWNHMS BM2000-544

Ownership

  • Current Owner : ROBBINS RICHARD M
  • Current Owner 2: ROBBINS ANN MARIE
  • Previous Owner : HENNENLOTTER KATHRINE L
  • Previous Owner 2: BEAVER KATHERINE L
  • Owner Before Previous Owner: HIGHLAND CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052301

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0275746
  • District: 18
  • Parcel: 0782.06-48-0605 0275746
  • Lot: 138
  • Municipality: SWIFT CREEK
  • Latitude: 35.7518
  • Longitude: -78.7169

    Address

  • Full Address: 5528 Cottonrose Ln
  • Address - House Number: 5528
  • Address - Street Name: Cottonrose
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C030
  • 4-Digit Zip Code: 3745
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,383

    Appraisal Valuation

  • Standard Deviation: 0.1355
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 379,734
  • High Value: 431,211
  • Low Value: 328,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,375
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2017
  • First Open Lien Mortgage Loan Amount: $159,375
  • 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, 2047

    Market Valuation

  • Market Total Value: $233,376
  • Market Land Value: $46,000
  • Market Improvement Value: $187,376

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,376
  • Assessed Land Value: $46,000
  • Assessed Improvements Value: $187,376

    Sales

  • Current Sale Contract Date: Nov 09, 2017
  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Transaction ID: 11325471081
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Contract Date: Oct 13, 2006
  • Previous Sale Amount: $167,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 09, 2017
  • First Mortgage Loan Amount: $159,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FM LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Oct 13, 2006
  • Previous Mortgage Loan Amount: $167,480
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2036

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Frequently Asked Questions

What neighborhood is 5528 Cottonrose Lane located in?
The 5528 Cottonrose Lane is a located in the neighborhood of Meadowwood Townhomes in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 5528 Cottonrose Lane?
The average sales price for units in 5528 Cottonrose Lane is $0 currently.

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