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620 West Lane Street

620 West Lane Street, Raleigh, NC 27603
Property in North Boylan
1 Units For Sale
Unit for sale at 620 W Lane Street, Raleigh, NC 27603

$1,700

  • Commercial
620 W Lane Street #101, Raleigh, NC 27603 Listing by Jay Beaman

620 West Lane Street in Raleigh, NC was first built in 1937 and is 87 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a commercial 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. 620 West Lane Street has 3,708 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 5,663 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. The home has a hip style roof. 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. There is one available parking space. 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. The property was last sold in Sep 12, 2005 for $539,000. That's $145.36 per sqft. Prior to that sales transaction, the property was also sold in Jan 20, 1999 for $285,000. 620 West Lane Street was last assessed in 2022. The total value of the property was assessed at $828,055. Specifically, the land the property is located on was valued at $368,095. While improvements on the property were assessed at a total of $459,960. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,384. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221201 Unit 202
12/01/2022
202
Loft
-
-
$1,400
bedrooms
Loft
bathrooms
-
-
-
-
Jay Beaman
Oliver J. Beaman, Jr., Broker

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1995
  • Total Rooms: 12
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 4
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,708
  • Building Area: 3,708
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,708
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: SETH B GASKILL JR
  • Land Acres: 0.13
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: 620 A W LANE STREET

Ownership

  • Current Owner : BEAMAN OLIVER J
  • Current Owner 2: BEAMAN MELISSA H
  • Previous Owner : POSEY DERRELL
  • Previous Owner 2: POSEY VICKIE C
  • Owner Before Previous Owner: HARVEY GLENN F
  • Owner Before Previous Owner 2: HARVEY LINDA H
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050300

Zoning

  • Zoning: OX-3

Geography

  • Account Number: 0018480
  • District: 01
  • Parcel: 1704.18-40-1652 0018480
  • Municipality: RALEIGH
  • Latitude: 35.7844
  • Longitude: -78.6488

    Address

  • Full Address: 620 W Lane St
  • Address - House Number: 620
  • Street Direction: W
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 2194
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,384

    Market Valuation

  • Market Total Value: $828,055
  • Market Land Value: $368,095
  • Market Improvement Value: $459,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $828,055
  • Assessed Land Value: $368,095
  • Assessed Improvements Value: $459,960

    Sales

  • Current Sale Contract Date: Sep 12, 2005
  • Current Sale Recording Date: Sep 14, 2005
  • Current Sale Transaction ID: 1133782925
  • Current Sale Price: $539,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 01, 1999
  • Previous Sale Contract Date: Jan 20, 1999
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Sep 14, 2005
  • First Mortgage Loan Amount: $431,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA BANK NA
  • Previous Mortgage Transaction Date: Feb 01, 1999
  • Previous Mortgage Loan Amount: $251,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 05, 2009

About University



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 620 West Lane Street located in?
The 620 West Lane Street is a located in the neighborhood of North Boylan in University, Raleigh.
How many listings are currently for sale in 620 West Lane Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 620 West Lane Street?
The average sales price for units in 620 West Lane Street is $1,700 currently.

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