5529 Millrace Trail

Local assessors in Raleigh, NC have categorized 5529 Millrace Trail as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,276 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5529 Millrace Trail has a total of 1,325 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 441 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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. The property was last sold in Jul 6, 2018 for $241,000. That's $181.89 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2015 for $185,000. 5529 Millrace Trail was last assessed in 2022. The total value of the property was assessed at $240,477. Specifically, the land the property is located on was valued at $72,000. While improvements on the property were assessed at a total of $168,477. 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 $1,757. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.