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5700 Three Oaks Drive

5700 Three Oaks Drive, Raleigh, NC 27612
Sold Nov 14, 2018
$160,000
$129,600 by Regions Bank
Mortgage Due Dec 01, 2048
Sold May 28, 2009
Transfer
$98,696 by Alera Financial Llc
Mortgage Due Jun 01, 2039
5700 Three Oaks Drive in Raleigh, NC was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5700 Three Oaks Drive has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 871 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5700 Three Oaks Drive sold most recently in Nov 12, 2018 for a total of $160,000. If you work out the math, that's approximately a cost of $114.29 per sqft. 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 $1,831 in taxes each year. 5700 Three Oaks Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $178,909. 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 $138,909. 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: 1979
  • Effective Year Built: 2000
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIDGELOCH TOWNHOMES
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO1 REV RIDGELOCH TOWNHMES PHI BLD30

Ownership

  • Current Owner : PEARCE JAMES
  • Current Owner 2: HUMBERT LINDSAY
  • Previous Owner : SEWELL GEORGE
  • Previous Owner 2: SEWELL MEREDITH S
  • Owner Before Previous Owner: SPARKS MEREDITH RUTH
  • Owner Before Previous Owner 2: SEWELL MEREDITH S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052505

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0110983
  • District: 07
  • Parcel: 0796.12-96-5523 0110983
  • Lot: 1
  • Municipality: HOUSE CREEK
  • Latitude: 35.8557
  • Longitude: -78.6641

    Address

  • Full Address: 5700 Three Oaks Dr
  • Address - House Number: 5700
  • Address - Street Name: Three Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C021
  • 4-Digit Zip Code: 6134
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,831

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 293,095
  • High Value: 335,051
  • Low Value: 251,139

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $229,600
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 14, 2018
  • First Open Lien Mortgage Loan Amount: $129,600
  • 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, 2048
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 01, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $178,909
  • Market Land Value: $40,000
  • Market Improvement Value: $138,909

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $178,909
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $138,909

    Sales

  • Current Sale Contract Date: Nov 12, 2018
  • Current Sale Recording Date: Nov 14, 2018
  • Current Sale Transaction ID: 11532711252
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 28, 2009
  • Previous Sale Contract Date: May 21, 2009
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 14, 2018
  • First Mortgage Loan Amount: $129,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: ALERA FINANCIAL LLC
  • Previous Mortgage Transaction Date: May 28, 2009
  • Previous Mortgage Loan Amount: $98,696
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2039

About North Hills



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Frequently Asked Questions

What neighborhood is 5700 Three Oaks Drive located in?
The 5700 Three Oaks Drive is a townhouse located in the neighborhood of Ridgeloch Townhomes in North Hills, Raleigh.
What is the average sales price for listings in 5700 Three Oaks Drive?
The average sales price for units in 5700 Three Oaks Drive is $160,000 , or $114/sqft. currently.

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