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704 Dorothea Drive

704 Dorothea Drive, Raleigh, NC 27603
Sold Aug 01, 2019
$529,000
$425,000 by Alcova Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Mar 14, 2008
$319,000
$287,100 by Branch Banking And Trust Co
Mortgage Due Apr 01, 2038
704 Dorothea Drive has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 1995. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 704 Dorothea Drive has 1,902 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 176 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a hip style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 704 Dorothea Drive was last sold in Jul 29, 2019 for $529,000. According to our calculations, that's $278.13 per sqft. Prior to that sales transaction, the property was sold for $319,000 in Mar 12, 2008. Current property owners are expected to pay $5,564 in taxes per year. The property on 704 Dorothea Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $547,567. To break that down further, the land itself was valued at $300,000. While improvements to the property were assessed at a total of $247,567. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 176
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,902
  • Building Area: 1,902
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,902
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BOYLAN HEIGHTS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO258 BOYLAN HGTS

Ownership

  • Current Owner : THOMPSON MICHELLE HOLBROOK
  • Previous Owner : HACHBY ABDESSAMED
  • Owner Before Previous Owner: PATTERSON PAUL BURNETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051000

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0051855
  • District: 01
  • Parcel: 1703.10-35-6906 0051855
  • Lot: 258
  • Municipality: RALEIGH
  • Latitude: 35.7716
  • Longitude: -78.6507

    Address

  • Full Address: 704 Dorothea Dr
  • Address - House Number: 704
  • Address - Street Name: Dorothea
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C031
  • 4-Digit Zip Code: 2104
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,564

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: May 03, 2023
  • Confidence Score: 84
  • Final Value: 766,969
  • High Value: 870,777
  • Low Value: 663,160

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $535,000
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $425,000
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Apr 28, 2023
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $547,567
  • Market Land Value: $300,000
  • Market Improvement Value: $247,567

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $547,567
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $247,567

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11637192233
  • Current Sale Price: $529,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 14, 2008
  • Previous Sale Contract Date: Mar 12, 2008
  • Previous Sale Amount: $319,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $423,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Mar 14, 2008
  • Previous Mortgage Loan Amount: $287,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About Central Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,500 /mo

  • Studio
Listing by Lex Tarumianz
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 704 Dorothea Drive located in?
The 704 Dorothea Drive is a house located in the neighborhood of Boylan Heights in Central Raleigh, Raleigh.
What is the average sales price for listings in 704 Dorothea Drive?
The average sales price for units in 704 Dorothea Drive is $0 currently.

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