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556 New Bern Avenue

556 New Bern Avenue, Raleigh, NC 27601
Property in Central Raleigh
Sold Mar 30, 2012
$240,000
$236,900 by Roberts Surry
Mortgage
Sold Apr 20, 1998
$176,000
$115,000 by Southtrust Mtg Corp
Mortgage Due May 01, 2028
Local assessors in Raleigh, NC have categorized 556 New Bern Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 20,909 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 2 partial bathrooms. 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 556 New Bern Avenue has a total of 1,580 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 no 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 Mar 30, 2012 for $240,000. That's $151.90 per sqft. Prior to that sales transaction, the property was also sold in Apr 20, 1998 for $176,000. 556 New Bern Avenue was last assessed in 2023. The total value of the property was assessed at $672,120. Specifically, the land the property is located on was valued at $658,634. While improvements on the property were assessed at a total of $13,486. 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 $7,346. The initial tax year of delinquency was in 2022. 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. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,580
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 556 NEW BERN AVE

Ownership

  • Current Owner : JEFFERS WILLIAM G
  • Previous Owner : BOYD CHESTER RICHARD
  • Previous Owner 2: BOYD JOAN JOHNSON
  • Owner Before Previous Owner: WALLIS CLARA G

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050700

Zoning

  • Zoning: OX-3

Geography

  • Account Number: 0007385
  • District: 01
  • Parcel: 1703.28-98-7875 0007385
  • Municipality: RALEIGH
  • Latitude: 35.7796
  • Longitude: -78.6299

    Address

  • Full Address: 556 New Bern Ave
  • Address - House Number: 556
  • Address - Street Name: New Bern
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1512
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,346
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1209
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 86
  • Final Value: 901,784
  • High Value: 1,010,867
  • Low Value: 792,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,900
  • First Open Lien Mortgage Lender: ROBERTS SURRY
  • First Open Lien Mortgage Recording Date: Jun 23, 2022
  • First Open Lien Mortgage Loan Amount: $236,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $672,120
  • Market Land Value: $658,634
  • Market Improvement Value: $13,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,120
  • Assessed Land Value: $658,634
  • Assessed Improvements Value: $13,486

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Mar 30, 2012
  • Current Sale Transaction ID: 1133673033
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 20, 1998
  • Previous Sale Contract Date: Apr 20, 1998
  • Previous Sale Amount: $176,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHESTER RICHARD BOYD JR
  • First Mortgage Transaction Date: Mar 30, 2012
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHTRUST MTG CORP
  • Previous Mortgage Transaction Date: Apr 20, 1998
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

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Frequently Asked Questions

What neighborhood is 556 New Bern Avenue located in?
The 556 New Bern Avenue is a located in the neighborhood of Central Raleigh in Central Raleigh, Raleigh.
What is the average sales price for listings in 556 New Bern Avenue?
The average sales price for units in 556 New Bern Avenue is $0 currently.

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