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701 Dixie Trail

701 Dixie Trail, Raleigh, NC 27607
Property in Dixie Forest
Sold Dec 20, 2021
$599,000
$479,200 by United Community Bank
Mortgage Due Jan 01, 2052
Sold Jun 06, 2012
$261,000
$208,800 by Fifth Third Mortgage Co
Mortgage Due Jul 01, 2042
Local assessors in Raleigh, NC have categorized 701 Dixie Trail as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 701 Dixie Trail has a total of 1,523 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a hip style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 17, 2021 for $599,000. That's $393.30 per sqft. Prior to that sales transaction, the property was also sold in May 7, 2012 for $261,000. 701 Dixie Trail was last assessed in 2022. The total value of the property was assessed at $384,404. Specifically, the land the property is located on was valued at $240,000. While improvements on the property were assessed at a total of $144,404. 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 $3,912. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,523
  • Building Area: 1,523
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,523
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DIXIE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO3 PROP OF DIXIE DVLPMT COMP BM1953-00096

Ownership

  • Current Owner : ANGELL LAURA ELIZABETH
  • Current Owner 2: BARBOUR DANIEL COLEMAN
  • Previous Owner : WERNER FRANCIS JAMES
  • Previous Owner 2: WERNER SANDRA LEE
  • Owner Before Previous Owner: SNYDER DEAN R
  • Owner Before Previous Owner 2: SNYDER CAREY L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051400

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0067558
  • District: 01
  • Parcel: 0794.11-55-8812 0067558
  • Lot: 3
  • Municipality: RALEIGH
  • Latitude: 35.7989
  • Longitude: -78.6769

    Address

  • Full Address: 701 Dixie Trl
  • Address - House Number: 701
  • Address - Street Name: Dixie
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 4154
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,912

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 78
  • Final Value: 638,957
  • High Value: 746,645
  • Low Value: 531,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,200
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $479,200
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $384,404
  • Market Land Value: $240,000
  • Market Improvement Value: $144,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $384,404
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $144,404

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11876342529
  • Current Sale Price: $599,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 06, 2012
  • Previous Sale Contract Date: May 07, 2012
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $479,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 06, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $208,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2042

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Frequently Asked Questions

What neighborhood is 701 Dixie Trail located in?
The 701 Dixie Trail is a located in the neighborhood of Dixie Forest in University, Raleigh.
What is the average sales price for listings in 701 Dixie Trail?
The average sales price for units in 701 Dixie Trail is $0 currently.

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