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5965 Cavanaugh Drive

5965 Cavanaugh Drive, Raleigh, NC 27614
Sold Jun 29, 2016
$1,100,000
$880,000 by Prosperity Home Mortgage Llc
Mortgage Due Jul 01, 2046
Sold Feb 28, 2013
$155,000
$116,250 by Yadkin Valley Bank & Trust Com
Mortgage Due Feb 28, 2016
5965 Cavanaugh Drive in Raleigh, NC was first built in 2013 and is 11 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 conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5965 Cavanaugh Drive has 6,475 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 43,560 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 1,437 sqft. 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. 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, 5965 Cavanaugh Drive sold most recently in Jun 24, 2016 for a total of $1,100,000. If you work out the math, that's approximately a cost of $169.88 per sqft. Before that, the property was also sold for $155,000 in Feb 28, 2013. 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 $9,492 in taxes each year. 5965 Cavanaugh Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,311,585. If we break it down further, the land itself was valued at $185,000. Improvements to the property, however, were assessed at a total of $1,126,585. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1,437
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 6,475
  • Building Area: 6,475
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,475
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE REGISTRY AT BAILEY FARM CLUSTER
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO51 REGISTRY @ BAILEY FARM P2 BM2004-00568

Ownership

  • Current Owner : DAVIS DOUGLAS TODD
  • Current Owner 2: DAVIS KRISTINA ANN
  • Previous Owner : HALLENBORG JONATHAN S
  • Previous Owner 2: HALLENBORG KRISTEN A
  • Owner Before Previous Owner: SOVERIGN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053804

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0316988
  • District: 02
  • Parcel: 0799.02-99-3588 0316988
  • Lot: 51
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9465
  • Longitude: -78.6643

    Address

  • Full Address: 5965 Cavanaugh Dr
  • Address - House Number: 5965
  • Address - Street Name: Cavanaugh
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R091
  • 4-Digit Zip Code: 7300
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,492

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 77
  • Final Value: 1,814,314
  • High Value: 2,129,161
  • Low Value: 1,499,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2016
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $1,311,585
  • Market Land Value: $185,000
  • Market Improvement Value: $1,126,585

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,311,585
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $1,126,585

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jun 29, 2016
  • Current Sale Transaction ID: 1795557218
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 28, 2013
  • Previous Sale Contract Date: Feb 28, 2013
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 29, 2016
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: YADKIN VALLEY BANK & TRUST COM
  • Previous Mortgage Transaction Date: Feb 28, 2013
  • Previous Mortgage Loan Amount: $116,250
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 28, 2016

About Register at Bailey Farm



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Frequently Asked Questions

What neighborhood is 5965 Cavanaugh Drive located in?
The 5965 Cavanaugh Drive is a located in the neighborhood of Register at Bailey Farm in Register at Bailey Farm, Raleigh.
What is the average sales price for listings in 5965 Cavanaugh Drive?
The average sales price for units in 5965 Cavanaugh Drive is $0 currently.

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