627 West Lane Street

627 West Lane Street has been categorized by the local assessors in Raleigh, NC as a commercial type of property. The building on the property was first built in 1905 and is 119 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to 2 full bathrooms. 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, 627 West Lane Street has 1,750 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 6,970 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. The building has a gable style roof. 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. The property was last sold in Sep 28, 2022 for $1,500,000. That's $857.14 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2006 for $8,000. 627 West Lane Street was last assessed in 2022. The total value of the property was assessed at $598,111. Specifically, the land the property is located on was valued at $453,050. While improvements on the property were assessed at a total of $145,061. 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 $6,056. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.