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5705 Dean Avenue

5705 Dean Avenue, Raleigh, NC 27616
Sold Mar 20, 2020
$300,000
$255,000 by Southern Trust Mortgage Llc
Mortgage Due Apr 01, 2050
Sold Dec 22, 2006
$255,500
$120,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2037
5705 Dean Avenue has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1974 and is 50 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5705 Dean Avenue has 2,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 36,155 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 506 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 5705 Dean Avenue sold most recently in Mar 17, 2020 for a total of $300,000. If you work out the math, that's approximately a cost of $147.93 per sqft. Before that, the property was also sold for $255,500 in Dec 22, 2006. 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 $2,226 in taxes each year. 5705 Dean Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $305,414. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $240,414. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Total Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEAN ACRES SUB
  • Land Acres: 0.83
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO31 WILL O DEAN ACRES SUB

Ownership

  • Current Owner : PASSAFIUME BRIAN
  • Previous Owner : WEBER WALTER P
  • Previous Owner 2: WEBER DONNA J
  • Owner Before Previous Owner: BLACKMAN LINDA G
  • Owner Before Previous Owner 2: BLACKMAN CORBETT F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 054015

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0077215
  • District: 13
  • Parcel: 1726.12-97-5413 0077215
  • Lot: 31
  • Municipality: NEUSE
  • Latitude: 35.8579
  • Longitude: -78.5629

    Address

  • Full Address: 5705 Dean Ave
  • Address - House Number: 5705
  • Address - Street Name: Dean
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C050
  • 4-Digit Zip Code: 5401
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,226

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 81
  • Final Value: 456,271
  • High Value: 526,559
  • Low Value: 385,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 20, 2020
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $305,414
  • Market Land Value: $65,000
  • Market Improvement Value: $240,414

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $305,414
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $240,414

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Mar 20, 2020
  • Current Sale Transaction ID: 11755763751
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 22, 2006
  • Previous Sale Contract Date: Dec 22, 2006
  • Previous Sale Amount: $255,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 20, 2020
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 22, 2006
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2037

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Frequently Asked Questions

What neighborhood is 5705 Dean Avenue located in?
The 5705 Dean Avenue is a house located in the neighborhood of Northeast Raleigh in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5705 Dean Avenue?
The average sales price for units in 5705 Dean Avenue is $0 currently.

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