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6617 Swallowtail Lane

6617 Swallowtail Lane, Raleigh, NC 27613
Sold Mar 01, 2022
$1,389,500
$400,000 by First Heritage Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Feb 24, 2005
$570,000
$456,000 by Credit Suisse First Boston Fin
Mortgage Due Mar 01, 2035
6617 Swallowtail Lane in Raleigh, NC was first built in 2001 and is 23 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. 6617 Swallowtail Lane has 3,804 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 37,462 square feet.

Learn more about the property and building on this page. The home has a hip style roof. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 792 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, 6617 Swallowtail Lane was last sold in Feb 23, 2022 for $1,389,500. According to our calculations, that's $365.27 per sqft. Prior to that sales transaction, the property was sold for $570,000 in Feb 16, 2005. Current property owners are expected to pay $4,112 in taxes per year. The property on 6617 Swallowtail Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $566,651. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $466,651. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 792
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 3,804
  • Building Area: 3,804
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO47 RCMB PAPILLON PARK BM2000-01687

Ownership

  • Current Owner : PRATHER RICHARD
  • Current Owner 2: PRATHER H
  • Previous Owner : BRAY
  • Previous Owner 2: HEIDI
  • Owner Before Previous Owner: PEARSON SCOTT A
  • Owner Before Previous Owner 2: PEARSON SUSAN K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053720

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0274740
  • District: 08
  • Parcel: 0880.04-54-2656 0274740
  • Lot: 47
  • Municipality: LEESVILLE
  • Latitude: 35.9606
  • Longitude: -78.7119

    Address

  • Full Address: 6617 Swallowtail Ln
  • Address - House Number: 6617
  • Address - Street Name: Swallowtail
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R031
  • 4-Digit Zip Code: 7376
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,112

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 86
  • Final Value: 902,051
  • High Value: 1,014,666
  • Low Value: 789,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $566,651
  • Market Land Value: $100,000
  • Market Improvement Value: $466,651

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $566,651
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $466,651

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880763844
  • Current Sale Price: $1,389,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 24, 2005
  • Previous Sale Contract Date: Feb 16, 2005
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CREDIT SUISSE FIRST BOSTON FIN
  • Previous Mortgage Transaction Date: Feb 24, 2005
  • Previous Mortgage Loan Amount: $456,000
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Papillon Park



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Frequently Asked Questions

What neighborhood is 6617 Swallowtail Lane located in?
The 6617 Swallowtail Lane is a house located in the neighborhood of Papillon Park in Papillon Park, Raleigh.
What is the average sales price for listings in 6617 Swallowtail Lane?
The average sales price for units in 6617 Swallowtail Lane is $0 currently.

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