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5600 Neuse Farm Drive

5600 Neuse Farm Drive, Raleigh, NC 27616
Sold Aug 22, 2016
$207,000
$150,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2046
Sold Nov 14, 2006
$209,000
$149,000 by Sirva Mortgage Inc
Mortgage Due Dec 01, 2036
Local assessors in Raleigh, NC have categorized 5600 Neuse Farm Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 6,970 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 5600 Neuse Farm Drive has a total of 2,105 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 412 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5600 Neuse Farm Drive sold most recently in Aug 22, 2016 for a total of $207,000. If you work out the math, that's approximately a cost of $98.34 per sqft. Before that, the property was also sold for $209,000 in Nov 13, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,529 in taxes each year. 5600 Neuse Farm Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $247,831. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $207,831. 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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 412
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,105
  • Building Area: 2,105
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,105
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK AT PERRY CREEK
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO160 PARK AT PERRY CREEK PH3 BM2001-01480

Ownership

  • Current Owner : NGUYEN KIM TUYEN THI
  • Current Owner 2: VONG SENH
  • Previous Owner : ROBINSON ROBERT
  • Previous Owner 2: ROBINSON TAMARA
  • Owner Before Previous Owner: GIL REYNALDO
  • Owner Before Previous Owner 2: HERRERA HERMINIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054014

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0291633
  • District: 13
  • Subdivision Phase Number: 3
  • Parcel: 1738.18-40-5991 0291633
  • Lot: 160
  • Municipality: NEUSE
  • Latitude: 35.8948
  • Longitude: -78.5456

    Address

  • Full Address: 5600 Neuse Farm Dr
  • Address - House Number: 5600
  • Address - Street Name: Neuse Farm
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C044
  • 4-Digit Zip Code: 6613
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,529

    Appraisal Valuation

  • Standard Deviation: 0.1324
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 415,237
  • High Value: 470,219
  • Low Value: 360,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 22, 2016
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $247,831
  • Market Land Value: $40,000
  • Market Improvement Value: $207,831

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $247,831
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $207,831

    Sales

  • Current Sale Contract Date: Aug 22, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Transaction ID: 1789365519
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 14, 2006
  • Previous Sale Contract Date: Nov 13, 2006
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 22, 2016
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: SIRVA MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 14, 2006
  • Previous Mortgage Loan Amount: $149,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 5600 Neuse Farm Drive located in?
The 5600 Neuse Farm Drive is a located in the neighborhood of Park at Perry Creek in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5600 Neuse Farm Drive?
The average sales price for units in 5600 Neuse Farm Drive is $0 currently.

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