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601 Delany Drive

601 Delany Drive, Raleigh, NC 27610
Property in Madonna Acres
Sold Jan 13, 2006
$101,000
$97,000 by First Magnus Financial Corp
Mortgage Due Feb 01, 2036
601 Delany Drive 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 601 Delany Drive has 1,200 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 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 601 Delany Drive sold most recently in Jan 12, 2006 for a total of $101,000. If you work out the math, that's approximately a cost of $84.17 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 $2,347 in taxes each year. 601 Delany Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $229,844. If we break it down further, the land itself was valued at $115,000. Improvements to the property, however, were assessed at a total of $114,844. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1962
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MADONNA ACRES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 MADONNA ACRES BLA

Ownership

  • Current Owner : MONTAGUE JANICE C
  • Previous Owner : HOLDEN PETER G
  • Previous Owner 2: MONTAGUE KATRELLIA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2023

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0021161
  • District: 01
  • Parcel: 1714.18-41-1802 0021161
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.7877
  • Longitude: -78.6152

    Address

  • Full Address: 601 Delany Dr
  • Address - House Number: 601
  • Address - Street Name: Delany
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C023
  • 4-Digit Zip Code: 1611
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,347

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 81
  • Final Value: 373,580
  • High Value: 429,862
  • Low Value: 317,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,000
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 13, 2006
  • First Open Lien Mortgage Loan Amount: $97,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $229,844
  • Market Land Value: $115,000
  • Market Improvement Value: $114,844

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,844
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $114,844

    Sales

  • Current Sale Contract Date: Jan 12, 2006
  • Current Sale Recording Date: Jan 13, 2006
  • Current Sale Transaction ID: 1128500747
  • Current Sale Price: $101,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 13, 2006
  • First Mortgage Loan Amount: $97,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Feb 01, 2036

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Frequently Asked Questions

What neighborhood is 601 Delany Drive located in?
The 601 Delany Drive is a located in the neighborhood of Madonna Acres in Central Raleigh, Raleigh.
What is the average sales price for listings in 601 Delany Drive?
The average sales price for units in 601 Delany Drive is $0 currently.

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