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708 Atwater Street

708 Atwater Street, Raleigh, NC 27607
Property in Method
Sold Dec 02, 2016
$225,000
$180,000 by Corporate Investors Mortgage G
Mortgage Due Dec 01, 2046
Sold Dec 01, 2011
$775,000
$380,000 by Ks Bank Inc
Mortgage
Local assessors in Raleigh, NC have categorized 708 Atwater Street as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 19,602 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 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 708 Atwater Street has a total of 1,885 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 fair. 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 gable style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on no 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. 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, 708 Atwater Street sold most recently in Nov 30, 2016 for a total of $225,000. If you work out the math, that's approximately a cost of $119.36 per sqft. Before that, the property was also sold for $775,000 in Nov 29, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,385 in taxes each year. 708 Atwater Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $233,570. If we break it down further, the land itself was valued at $72,000. Improvements to the property, however, were assessed at a total of $161,570. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1953
  • Effective Year Built: 1970
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 1,885
  • Building Area: 1,885
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,885
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY SCOTT CARTER
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOMETHOD GR PT OF 2

Ownership

  • Current Owner : MILLER JOHN
  • Current Owner 2: MILLER MEREDITH
  • Previous Owner : CARTER STANLEY COOPER
  • Previous Owner 2: CARTER JULIE MESHANE
  • Owner Before Previous Owner: THE HOUSE PARTNERS LLC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051101

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0001691
  • District: 01
  • Parcel: 0794.13-12-6977 0001691
  • Municipality: RALEIGH
  • Latitude: 35.791
  • Longitude: -78.6907

    Address

  • Full Address: 708 Atwater St
  • Address - House Number: 708
  • Address - Street Name: Atwater
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C024
  • 4-Digit Zip Code: 5211
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,385

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 455,214
  • High Value: 515,877
  • Low Value: 394,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Dec 02, 2016
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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, 2046

    Market Valuation

  • Market Total Value: $233,570
  • Market Land Value: $72,000
  • Market Improvement Value: $161,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $233,570
  • Assessed Land Value: $72,000
  • Assessed Improvements Value: $161,570

    Sales

  • Current Sale Contract Date: Nov 30, 2016
  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Transaction ID: 1934815129
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 01, 2011
  • Previous Sale Contract Date: Nov 29, 2011
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Dec 02, 2016
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: KS BANK INC
  • Previous Mortgage Transaction Date: Dec 01, 2011
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 708 Atwater Street located in?
The 708 Atwater Street is a located in the neighborhood of Method in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 708 Atwater Street?
The average sales price for units in 708 Atwater Street is $0 currently.

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