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716 Governors Hill Lane

716 Governors Hill Lane, Raleigh, NC 27605
716 Governors Hill Lane in Raleigh, NC was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 716 Governors Hill Lane has 1,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,742 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 716 Governors Hill Lane was last sold in Sep 28, 2000 for $218,000. According to our calculations, that's $136.25 per sqft. Current property owners are expected to pay $4,096 in taxes per year. The property on 716 Governors Hill Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $402,537. To break that down further, the land itself was valued at $160,000. While improvements to the property were assessed at a total of $242,537. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200729
07/29/2020
2 Bed
2.5 Bath
1600 ft²
$455,000
bedrooms
2 Bed
bathrooms
2.5 Bath
square feet
1600 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GOVERNORS POINT
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO10 GOVERNOR'S POINT TWNHSE BM1999-01600

Ownership

  • Current Owner : LONNERMAN MELISSA R
  • Previous Owner : AVERITT RICHARD G
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050300

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0266971
  • District: 01
  • Parcel: 1704.18-42-9315 0266971
  • Lot: 10
  • Municipality: RALEIGH
  • Latitude: 35.7892
  • Longitude: -78.6463

    Address

  • Full Address: 716 Governors Hill Ln
  • Address - House Number: 716
  • Address - Street Name: Governors Hill
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C017
  • 4-Digit Zip Code: 1149
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,096

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 451,462
  • High Value: 482,479
  • Low Value: 420,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,400
  • First Open Lien Mortgage Lender: NATIONAL BANK OF COMMERCE
  • First Open Lien Mortgage Recording Date: Mar 16, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $182,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2034

    Market Valuation

  • Market Total Value: $402,537
  • Market Land Value: $160,000
  • Market Improvement Value: $242,537

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $402,537
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $242,537

    Sales

  • Current Sale Contract Date: Sep 28, 2000
  • Current Sale Recording Date: Oct 27, 2000
  • Current Sale Transaction ID: 1133767020
  • Current Sale Price: $218,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY SERVICES INC
  • First Mortgage Transaction Date: Oct 27, 2000
  • First Mortgage Loan Amount: $174,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2030

About University



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Frequently Asked Questions

What neighborhood is 716 Governors Hill Lane located in?
The 716 Governors Hill Lane is a townhouse located in the neighborhood of Governors Point Towhomes in University, Raleigh.
What is the average sales price for listings in 716 Governors Hill Lane?
The average sales price for units in 716 Governors Hill Lane is $0 currently.

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