See Home Value
Raleigh 27609 Lakestone
705 Lakestone Drive
$3,291,328*
House - Off Market

705 Lakestone Drive

Raleigh, NC 27609
bedrooms
6 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
8245 Sqft
$2,835,000 - $3,465,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Aug 09, 2007
$5,000
$1,000,000 by State Employees Cu
Mortgage Due Sep 01, 2048

About This Property

See agent only remarks

The manager has listed the unit size as 8245 square feet.
Unit Size
8,245Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$382
Property Type
House
Property Taxes
$1,398
HOA Dues
-
Year Built
2008

Price History

Date / Event Date Event Price
Feb 18, 2023 No longer available -
No longer available
Nov 10, 2020 Relisted $3,150,000
Relisted
Nov 9, 2020 No longer available -
No longer available
Nov 6, 2020 No longer available -
No longer available
Aug 31, 2020 Listed $3,150,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 8,223
  • Building Area: 8,223
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,223
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKESTONE SUB
  • Land Acres: 1.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO90 LAKESTONE SUB BM2003-513

Ownership

  • Current Owner : THORNE NANCY S
  • Previous Owner : RALEIGH LAND CO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052603

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0314122
  • District: 01
  • Parcel: 1705.06-38-0793 0314122
  • Lot: 90
  • Municipality: RALEIGH
  • Latitude: 35.834
  • Longitude: -78.6518

    Address

  • Full Address: 705 Lakestone Dr
  • Address - House Number: 705
  • Address - Street Name: Lakestone
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 6341
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,423

    Appraisal Valuation

  • Standard Deviation: 0.1424
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 71
  • Final Value: 2,122,972
  • High Value: 2,425,429
  • Low Value: 1,820,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Aug 06, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $1,718,840
  • Market Land Value: $594,000
  • Market Improvement Value: $1,124,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,718,840
  • Assessed Land Value: $594,000
  • Assessed Improvements Value: $1,124,840

    Sales

  • Current Sale Contract Date: Aug 09, 2007
  • Current Sale Recording Date: Aug 09, 2007
  • Current Sale Transaction ID: 11472886982
  • Current Sale Price: $5,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Aug 09, 2007
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,854 ft²
$721/ft²
$3,500,000 Sep 8, 2022
-
$1,162/mo

About North Hills


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Nearby Rentals

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Unit for rent at 4116 Converse Drive, Raleigh, NC, 27609

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  • 1,810 ft²
4116 Converse Drive, Raleigh, NC, 27609 Listing by Jason Caron


Frequently Asked Questions

When was property at 705 Lakestone Drive built and last sold?
The property at 705 Lakestone Drive was built in 2008 and last sold on Aug 9, 2007 for $5,000.
How much is this home worth?
The estimated value of the home located at 705 Lakestone Drive is $3,181,500.
What are some comparable homes to 705 Lakestone Drive?
There are currently no comparable homes to 705 Lakestone Drive.

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