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5845 Shady Grove Circle

5845 Shady Grove Circle, Raleigh, NC 27609
Property in Pecan Townes
Sold Sep 14, 2017
$114,000
$90,800 by State Employees Cu
Mortgage Due Oct 01, 2047
5845 Shady Grove Circle in Raleigh, NC was first built in 1981 and is 43 years old. 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. 5845 Shady Grove Circle has 1,048 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 1,307 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 good. 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, 5845 Shady Grove Circle sold most recently in Aug 24, 2017 for a total of $114,000. If you work out the math, that's approximately a cost of $108.78 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 $1,394 in taxes each year. 5845 Shady Grove Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $135,744. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $85,744. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1981
  • Effective Year Built: 1981
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 1,307
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,048
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PECAN TOWNES
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO21 PECAN TOWNES BM1981-00266

Ownership

  • Current Owner : DAYE RACHEL
  • Current Owner 2: DAYE GEORGE
  • Previous Owner : PARKS ELIZABETH MORLEY
  • Previous Owner 2: MORLEY ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054004

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0118501
  • District: 13
  • Parcel: 1716.08-78-7178 0118501
  • Lot: 21
  • Municipality: NEUSE
  • Latitude: 35.86
  • Longitude: -78.6025

    Address

  • Full Address: 5845 Shady Grove Cir
  • Address - House Number: 5845
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C047
  • 4-Digit Zip Code: 4161
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,394

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 254,523
  • High Value: 286,027
  • Low Value: 223,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,800
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Sep 14, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $90,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $135,744
  • Market Land Value: $50,000
  • Market Improvement Value: $85,744

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $135,744
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $85,744

    Sales

  • Current Sale Contract Date: Aug 24, 2017
  • Current Sale Recording Date: Sep 14, 2017
  • Current Sale Transaction ID: 1736160492
  • Current Sale Price: $114,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Sep 14, 2017
  • First Mortgage Loan Amount: $90,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5845 Shady Grove Circle located in?
The 5845 Shady Grove Circle is a located in the neighborhood of Pecan Townes in North Raleigh, Raleigh.
What is the average sales price for listings in 5845 Shady Grove Circle?
The average sales price for units in 5845 Shady Grove Circle is $0 currently.

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