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640 Newlyn Drive

640 Newlyn Drive, Raleigh, NC 27606
Property in Wake
Sold Oct 08, 2021
$480,000
$360,000 by Movement Mortgage
Mortgage Due Nov 01, 2051
Sold Oct 31, 2019
$351,500
640 Newlyn Drive in Raleigh, NC was first built in 2019 and is 5 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 townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 640 Newlyn Drive has 2,408 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 2,614 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 392 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 640 Newlyn Drive was last sold in Oct 7, 2021 for $480,000. According to our calculations, that's $199.34 per sqft. Prior to that sales transaction, the property was sold for $351,500 in Oct 31, 2019. Current property owners are expected to pay $3,654 in taxes per year. The property on 640 Newlyn Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $362,682. To break that down further, the land itself was valued at $83,000. While improvements to the property were assessed at a total of $279,682. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 392
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,408
  • Building Area: 2,408
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIPERS CROSSING
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO33 RCMB PIPERS CROSSING BM2018-02307

Ownership

  • Current Owner : WARREN JONATHAN W
  • Previous Owner : THE SHEPHERDS CHURCH OF CARY INC
  • Owner Before Previous Owner: DAN RYAN BUILDERS NORTH CAROLINA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053003

Zoning

  • Zoning: TRCU

Geography

  • Account Number: 0455398
  • District: 18
  • Parcel: 0772.04-64-0800 0455398
  • Lot: 33
  • Municipality: SWIFT CREEK
  • Latitude: 35.7412
  • Longitude: -78.744

    Address

  • Full Address: 640 Newlyn Dr
  • Address - House Number: 640
  • Address - Street Name: Newlyn
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C027
  • 4-Digit Zip Code: 7423
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,654

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 572,637
  • High Value: 646,697
  • Low Value: 498,577

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $362,682
  • Market Land Value: $83,000
  • Market Improvement Value: $279,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,682
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $279,682

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11865720558
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 2019
  • Previous Sale Contract Date: Oct 31, 2019
  • Previous Sale Amount: $351,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Wake



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Frequently Asked Questions

What neighborhood is 640 Newlyn Drive located in?
The 640 Newlyn Drive is a located in the neighborhood of Wake in Wake, Raleigh.
What is the average sales price for listings in 640 Newlyn Drive?
The average sales price for units in 640 Newlyn Drive is $0 currently.

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