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5848 Shady Grove Circle

5848 Shady Grove Circle, Raleigh, NC 27609
Townhouse in Pecan Townes
5848 Shady Grove Circle in Raleigh, NC was first built in 1981 and is 43 years old. Although, the building on the property was most recently renovated and altered in 1991. 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. 5848 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, 5848 Shady Grove Circle sold most recently in May 3, 2022 for a total of $200,000. If you work out the math, that's approximately a cost of $190.84 per sqft. Before that, the property was also sold for $140,000 in Feb 8, 2019. 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 $1,466 in taxes each year. 5848 Shady Grove Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $142,791. 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 $92,791. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190109
01/09/2019
2 Bed
2 Bath
1048 ft²
$135,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1048 ft²
$140,000 +3.70%
02/08/2019
Brandon Lavallee

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1991
  • 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 SUBDIVISION
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO47 PECAN TOWNES BM1981-00266

Ownership

  • Current Owner : MCQUAY COLIN
  • Current Owner 2: MCQUAY ANNELISE
  • Previous Owner : KING EVAN W
  • Previous Owner 2: KING WILLIAM
  • Owner Before Previous Owner: OPENDOOR PROPERTY D LLC

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0118512
  • District: 13
  • Parcel: 1716.08-78-9155 0118512
  • Lot: 47
  • Municipality: NEUSE
  • Latitude: 35.8599
  • Longitude: -78.6019

    Address

  • Full Address: 5848 Shady Grove Cir
  • Address - House Number: 5848
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C047
  • 4-Digit Zip Code: 4160
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,466

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 263,038
  • High Value: 295,597
  • Low Value: 230,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $142,791
  • Market Land Value: $50,000
  • Market Improvement Value: $92,791

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,791
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $92,791

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11887324980
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 08, 2019
  • Previous Sale Contract Date: Feb 08, 2019
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOTCOM LLC
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • Previous Mortgage Transaction Date: Feb 08, 2019
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About North Raleigh



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Frequently Asked Questions

What neighborhood is 5848 Shady Grove Circle located in?
The 5848 Shady Grove Circle is a townhouse located in the neighborhood of Pecan Townes in North Raleigh, Raleigh.
What is the average sales price for listings in 5848 Shady Grove Circle?
The average sales price for units in 5848 Shady Grove Circle is $135,000 , or $129/sqft. currently.

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