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5705 Spring Glen Lane

5705 Spring Glen Lane, Raleigh, NC 27616
Sold Feb 17, 2023
$400,000
$300,000 by Allen Tate Mortgage Partners L
Mortgage Due Mar 01, 2038
Sold Feb 23, 2015
$242,500
$242,296 by Cardinal Financial Company Lp
Mortgage Due Mar 01, 2045
Local assessors in Raleigh, NC have categorized 5705 Spring Glen Lane as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 10,019 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 5705 Spring Glen Lane has a total of 2,463 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 420 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. The property was last sold in Feb 16, 2023 for $400,000. That's $162.40 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2015 for $242,500. 5705 Spring Glen Lane was last assessed in 2022. The total value of the property was assessed at $269,713. Specifically, the land the property is located on was valued at $42,000. While improvements on the property were assessed at a total of $227,713. 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 $2,751. 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. 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: 2014
  • Effective Year Built: 2014
  • 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: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,463
  • Building Area: 2,463
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLEN SPRING FOREST
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO19 THE GLEN ON SPRING FOREST BM2006-02352

Ownership

  • Current Owner : NGUYEN THUY
  • Current Owner 2: HUYNH KHOA
  • Previous Owner : SHEPPARD DAVID
  • Previous Owner 2: SHEPPARD SANDRA
  • Owner Before Previous Owner: KB HOME RALEIGH-DURHAM INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054008

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0353356
  • District: 13
  • Parcel: 1726.12-96-0657 0353356
  • Lot: 19
  • Municipality: NEUSE
  • Latitude: 35.8558
  • Longitude: -78.5645

    Address

  • Full Address: 5705 Spring Glen Ln
  • Address - House Number: 5705
  • Address - Street Name: Spring Glen
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C035
  • 4-Digit Zip Code: 4627
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,751

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 96
  • Final Value: 420,828
  • High Value: 449,779
  • Low Value: 391,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Open Lien Mortgage Recording Date: Feb 17, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2038

    Market Valuation

  • Market Total Value: $269,713
  • Market Land Value: $42,000
  • Market Improvement Value: $227,713

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $269,713
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $227,713

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Transaction ID: 11902390433
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 23, 2015
  • Previous Sale Contract Date: Feb 23, 2015
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLEN TATE MORTGAGE PARTNERS L
  • First Mortgage Transaction Date: Feb 17, 2023
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Feb 23, 2015
  • Previous Mortgage Loan Amount: $242,296
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 5705 Spring Glen Lane located in?
The 5705 Spring Glen Lane is a house located in the neighborhood of The Glen at Spring Forest in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5705 Spring Glen Lane?
The average sales price for units in 5705 Spring Glen Lane is $0 currently.

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