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7220 Summit Waters Lane

7220 Summit Waters Lane, Raleigh, NC 27613
Property in Wilders Ridge
Sold Mar 10, 2008
$298,000
$165,000 by Citimortgage Inc
Mortgage Due Apr 01, 2023
Sold Dec 03, 2001
$272,000
$217,400 by Wieland Financial Services Inc
Mortgage Due Dec 01, 2031
Local assessors in Raleigh, NC have categorized 7220 Summit Waters Lane as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 7220 Summit Waters Lane has a total of 2,520 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. 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 frame 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 central 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. The property was last sold in Mar 7, 2008 for $298,000. That's $118.25 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2001 for $272,000. 7220 Summit Waters Lane was last assessed in 2022. The total value of the property was assessed at $347,389. Specifically, the land the property is located on was valued at $63,000. While improvements on the property were assessed at a total of $284,389. 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 $3,537. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,520
  • Building Area: 2,520
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,520
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BARTON PARK TOWNHOMES
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO5 BARTON PARK TOWNHOMES BM2000-1017

Ownership

  • Current Owner : JACKSON JEFFREY L
  • Previous Owner : MA NANCY
  • Owner Before Previous Owner: JOHN WIELAND HOMES & NEIGHBORHOODS NC IN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053725

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0280181
  • District: 08
  • Parcel: 0787.14-23-9921 0280181
  • Lot: 5
  • Municipality: LEESVILLE
  • Latitude: 35.8761
  • Longitude: -78.7201

    Address

  • Full Address: 7220 Summit Waters Ln
  • Address - House Number: 7220
  • Address - Street Name: Summit Waters
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R072
  • 4-Digit Zip Code: 7479
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,537

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 80
  • Final Value: 531,910
  • High Value: 614,586
  • Low Value: 449,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 10, 2008
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2023

    Market Valuation

  • Market Total Value: $347,389
  • Market Land Value: $63,000
  • Market Improvement Value: $284,389

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $347,389
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $284,389

    Sales

  • Current Sale Contract Date: Mar 07, 2008
  • Current Sale Recording Date: Mar 10, 2008
  • Current Sale Transaction ID: 1132998776
  • Current Sale Price: $298,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 03, 2001
  • Previous Sale Contract Date: Nov 30, 2001
  • Previous Sale Amount: $272,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Mar 10, 2008
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Apr 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: WIELAND FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Dec 03, 2001
  • Previous Mortgage Loan Amount: $217,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2031

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Frequently Asked Questions

What neighborhood is 7220 Summit Waters Lane located in?
The 7220 Summit Waters Lane is a located in the neighborhood of Wilders Ridge in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 7220 Summit Waters Lane?
The average sales price for units in 7220 Summit Waters Lane is $0 currently.

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