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5920 San Marcos Way

5920 San Marcos Way, Raleigh, NC 27616
Townhouse in Addison Reserve
Sold Sep 25, 2020
$185,000
$163,160 by Intercoastal Mortgage
Mortgage Due Oct 01, 2050
Sold Jul 31, 2017
$155,000
$150,253 by First Mortgage Company Llc
Mortgage Due Aug 01, 2047
5920 San Marcos Way 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 2002 and is 22 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5920 San Marcos Way has 1,158 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. 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 and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5920 San Marcos Way sold most recently in Sep 22, 2020 for a total of $185,000. If you work out the math, that's approximately a cost of $159.76 per sqft. Before that, the property was also sold for $155,000 in Jul 31, 2017. 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 $1,628 in taxes each year. 5920 San Marcos Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $158,787. 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 $118,787. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 1,742
  • Total Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,158
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ADDISON RESERVE TNWMS
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO141 ADDISON RESERVE TNWMS PH2 BM2002-01018

Ownership

  • Current Owner : THOMPSON NIKITA REBECCA
  • Previous Owner : WALSH KELLIE
  • Owner Before Previous Owner: JDW PROPERTIES OF NC INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054014

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0298653
  • District: 13
  • Subdivision Phase Number: 2
  • Parcel: 1738.04-50-9302 0298653
  • Lot: 141
  • Municipality: NEUSE
  • Latitude: 35.8932
  • Longitude: -78.5411

    Address

  • Full Address: 5920 San Marcos Way
  • Address - House Number: 5920
  • Address - Street Name: San Marcos
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C044
  • 4-Digit Zip Code: 8356
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,628

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 180,717
  • High Value: 193,133
  • Low Value: 168,301

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $170,660
  • First Open Lien Mortgage Lender: INTERCOASTAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $163,160
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: DHIC INC
  • Second Open Lien Mortgage Recording Date: Sep 25, 2020
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 36
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 24, 2023

    Market Valuation

  • Market Total Value: $158,787
  • Market Land Value: $40,000
  • Market Improvement Value: $118,787

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,787
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $118,787

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11809682189
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 31, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCOASTAL MORTGAGE
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $163,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jul 31, 2017
  • Previous Mortgage Loan Amount: $150,253
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 5920 San Marcos Way located in?
The 5920 San Marcos Way is a townhouse located in the neighborhood of Addison Reserve in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 5920 San Marcos Way?
The average sales price for units in 5920 San Marcos Way is $180,000 , or $155/sqft. currently.

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