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7027 Racine Way

7027 Racine Way, Raleigh, NC 27615
Property in Baystone Townes
Sold Nov 21, 2014
$162,500
$154,375 by Prosperity Home Mortgage Llc
Mortgage Due Dec 01, 2044
Sold Mar 27, 2008
$164,000
$149,000 by Usaa Fsb
Mortgage Due Apr 01, 2038
Local assessors in Raleigh, NC have categorized 7027 Racine Way as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 1,307 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7027 Racine Way 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. 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 208 sqft. Lots of alum/vinyl siding 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. 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, 7027 Racine Way was last sold in Nov 12, 2014 for $162,500. According to our calculations, that's $104.30 per sqft. Prior to that sales transaction, the property was sold for $164,000 in Mar 27, 2008. Current property owners are expected to pay $2,197 in taxes per year. The property on 7027 Racine Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $214,978. To break that down further, the land itself was valued at $50,000. While improvements to the property were assessed at a total of $164,978. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 208
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Heated Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH RDG TRACE
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO54 NORTHRIDGE TRACE TOWNHOMES BM2006-02363

Ownership

  • Current Owner : REGAN PATRICIA A
  • Previous Owner : GIBSON JEWETT PATRICK
  • Previous Owner 2: GIBSON CASSANDRA
  • Owner Before Previous Owner: PULTE HOME CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054017

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0355628
  • District: 13
  • Parcel: 1717.16-94-8084 0355628
  • Lot: 54
  • Municipality: NEUSE
  • Latitude: 35.8762
  • Longitude: -78.5953

    Address

  • Full Address: 7027 Racine Way
  • Address - House Number: 7027
  • Address - Street Name: Racine
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 8418
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,197

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 357,322
  • High Value: 407,079
  • Low Value: 307,565

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $291,875
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 21, 2014
  • First Open Lien Mortgage Loan Amount: $154,375
  • 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: Dec 01, 2044
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Oct 05, 2021
  • Second Open Lien Mortgage Loan Amount: $137,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $214,978
  • Market Land Value: $50,000
  • Market Improvement Value: $164,978

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,978
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $164,978

    Sales

  • Current Sale Contract Date: Nov 12, 2014
  • Current Sale Recording Date: Nov 21, 2014
  • Current Sale Transaction ID: 1128630202
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 27, 2008
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 21, 2014
  • First Mortgage Loan Amount: $154,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Mar 27, 2008
  • Previous Mortgage Loan Amount: $149,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2038

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Frequently Asked Questions

What neighborhood is 7027 Racine Way located in?
The 7027 Racine Way is a located in the neighborhood of Baystone Townes in North Raleigh, Raleigh.
What is the average sales price for listings in 7027 Racine Way?
The average sales price for units in 7027 Racine Way is $0 currently.

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