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5540 Wade Park Boulevard

5540 Wade Park Boulevard, Raleigh, NC 27607
Property in Wade
Sold Mar 27, 2013
$284,000
$220,000 by Pnc Bank Na
Mortgage Due Jun 01, 2051
Local assessors in Raleigh, NC have categorized 5540 Wade Park Boulevard as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 3,920 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 5540 Wade Park Boulevard has a total of 1,776 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 240 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5540 Wade Park Boulevard was last sold in Mar 8, 2013 for $284,000. According to our calculations, that's $159.91 per sqft. Current property owners are expected to pay $4,253 in taxes per year. The property on 5540 Wade Park Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $388,308. To break that down further, the land itself was valued at $81,000. While improvements to the property were assessed at a total of $307,308. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INSIDE WADE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO46 INSIDE WADE TOWNHOMES PH1 BM2011-00363

Ownership

  • Current Owner : WILBORNE STEPHEN H
  • Current Owner 2: WILBORNE SUSAN A
  • Previous Owner : LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052401

Zoning

  • Zoning: PD

Geography

  • Account Number: 0405394
  • District: 11
  • Subdivision Phase Number: 1
  • Parcel: 0774.08-88-5914 0405394
  • Lot: 46
  • Municipality: MEREDITH
  • Latitude: 35.8075
  • Longitude: -78.7352

    Address

  • Full Address: 5540 Wade Park Blvd
  • Address - House Number: 5540
  • Address - Street Name: Wade Park
  • Address - Suffix Type: Blvd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C031
  • 4-Digit Zip Code: 6020
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,253

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 580,246
  • High Value: 650,514
  • Low Value: 509,978

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: R T P FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 25, 2024
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 13, 2049

    Market Valuation

  • Market Total Value: $388,308
  • Market Land Value: $81,000
  • Market Improvement Value: $307,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,308
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $307,308

    Sales

  • Current Sale Contract Date: Mar 08, 2013
  • Current Sale Recording Date: Mar 27, 2013
  • Current Sale Transaction ID: 1132630477
  • Current Sale Price: $284,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Mar 27, 2013
  • First Mortgage Loan Amount: $227,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

About Southwest Raleigh



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Frequently Asked Questions

What neighborhood is 5540 Wade Park Boulevard located in?
The 5540 Wade Park Boulevard is a located in the neighborhood of Wade in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 5540 Wade Park Boulevard?
The average sales price for units in 5540 Wade Park Boulevard is $0 currently.

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