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7020 Max Lane

7020 Max Lane, Raleigh, NC 27603
Property in Kenwood Meadows
Sold Dec 09, 2021
$295,000
$265,500 by State Employees Cu
Mortgage Due Jan 01, 2052
Sold Jan 29, 1993
$86,000
Local assessors in Raleigh, NC have categorized 7020 Max Lane as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 30,928 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 2 full bathrooms. There are also 2 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 7020 Max Lane has a total of 1,558 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame control joints. The building has a gable style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7020 Max Lane sold most recently in Dec 8, 2021 for a total of $295,000. If you work out the math, that's approximately a cost of $189.35 per sqft. Before that, the property was also sold for $86,000 in Jan 29, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,433 in taxes each year. 7020 Max Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $195,595. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $155,595. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENWOOD MEADOWS SUB
  • Land Acres: 0.71
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO35 KENWOOD MEADOWS SUB PH1 BM1990-1093

Ownership

  • Current Owner : HALL JOY
  • Previous Owner : JANKE PETER MARTIN
  • Previous Owner 2: JANKE RACHEL MANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 052904

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0181014
  • District: 15
  • Subdivision Phase Number: 1
  • Parcel: 1606.02-69-1991 0181014
  • Lot: 35
  • Municipality: PANTHER BRANCH
  • Latitude: 35.5902
  • Longitude: -78.6428

    Address

  • Full Address: 7020 Max Ln
  • Address - House Number: 7020
  • Address - Street Name: Max
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R052
  • 4-Digit Zip Code: 8315
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,433

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 344,329
  • High Value: 386,950
  • Low Value: 301,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,500
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $265,500
  • 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: $195,595
  • Market Land Value: $40,000
  • Market Improvement Value: $155,595

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $195,595
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $155,595

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873666218
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 29, 1993
  • Previous Sale Contract Date: Jan 29, 1993
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $265,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7020 Max Lane located in?
The 7020 Max Lane is a located in the neighborhood of Kenwood Meadows in Kenwood Meadows, Raleigh.
What is the average sales price for listings in 7020 Max Lane?
The average sales price for units in 7020 Max Lane is $0 currently.

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