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7125 Falls Glen Court

7125 Falls Glen Court, Raleigh, NC 27614
House in Falls View
Sold Jan 31, 2022
$1,750
$787,500 by Coastal Federal Credit Union
Mortgage Due Feb 01, 2052
Sold Jul 20, 2005
$579,000
$350,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2035
7125 Falls Glen Court 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 1998 and is 26 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7125 Falls Glen Court has 4,920 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 104,544 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 884 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a hip style roof. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 13, 2022 for $1,750. That's $0.36 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2005 for $579,000. 7125 Falls Glen Court was last assessed in 2022. The total value of the property was assessed at $813,281. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $703,281. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,894. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 884
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 4,920
  • Building Area: 4,920
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLS VIEW SUB
  • Land Acres: 2.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO5 FALLS VIEW SUB BM1997-1738

Ownership

  • Current Owner : OCONNOR REVOCABLE LIVING TRUST
  • Previous Owner : RAMIREZ AUGUSTO A
  • Previous Owner 2: RAMIREZ MILAGROS MARIA
  • Owner Before Previous Owner: NIFONG RICKEY E
  • Owner Before Previous Owner 2: NIFONG LINDA G
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053804

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0238696
  • District: 02
  • Parcel: 1801.04-72-2254 0238696
  • Lot: 5
  • Municipality: BARTON'S CREEK
  • Latitude: 35.981
  • Longitude: -78.6376

    Address

  • Full Address: 7125 Falls Glen Ct
  • Address - House Number: 7125
  • Address - Street Name: Falls Glen
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R001
  • 4-Digit Zip Code: 7174
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,894

    Appraisal Valuation

  • Standard Deviation: 0.1312
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 1,072,227
  • High Value: 1,212,910
  • Low Value: 931,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $787,500
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $787,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $813,281
  • Market Land Value: $110,000
  • Market Improvement Value: $703,281

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $813,281
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $703,281

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Transaction ID: 11879259880
  • Current Sale Price: $1,750
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jan 31, 2022
  • First Mortgage Loan Amount: $787,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 20, 2005
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Falls View



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Frequently Asked Questions

What neighborhood is 7125 Falls Glen Court located in?
The 7125 Falls Glen Court is a house located in the neighborhood of Falls View in Falls View, Raleigh.
What is the average sales price for listings in 7125 Falls Glen Court?
The average sales price for units in 7125 Falls Glen Court is $0 currently.

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