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726 South State Street

726 South State Street, Raleigh, NC 27601
Property in Quarry Hill
Sold Sep 20, 2017
$259,000
$293,692 by Pennymac Loan Services Llc
Mortgage Due Dec 01, 2050
Sold Dec 22, 2008
$37,000
$27,000 by Four Oaks Bank & Trust Co
Mortgage
726 South State Street in Raleigh, NC was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 726 South State Street has 2,080 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. The basement is 1,040 sqft and has been categorized as a full basement. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The home has a hip 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 masonry control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of stucco. 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. 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, 726 South State Street sold most recently in Aug 16, 2017 for a total of $259,000. If you work out the math, that's approximately a cost of $124.52 per sqft. Before that, the property was also sold for $37,000 in Dec 16, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,930 in taxes each year. 726 South State Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $287,362. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $152,362. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,040
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WATSON LAND
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO174 WATSON LANDS BM1885-00034

Ownership

  • Current Owner : REED CRAIG ELLIOT
  • Previous Owner : WILLIAM M FOX PROPERTIES LLC
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0078279
  • District: 01
  • Parcel: 1713.09-15-2671 0078279
  • Lot: 174
  • Municipality: RALEIGH
  • Latitude: 35.7706
  • Longitude: -78.6248

    Address

  • Full Address: 726 S State St
  • Address - House Number: 726
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C012
  • 4-Digit Zip Code: 2048
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,930

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 511,148
  • High Value: 577,795
  • Low Value: 444,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $293,692
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $293,692
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $287,362
  • Market Land Value: $135,000
  • Market Improvement Value: $152,362

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $287,362
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $152,362

    Sales

  • Current Sale Contract Date: Aug 16, 2017
  • Current Sale Recording Date: Sep 20, 2017
  • Current Sale Transaction ID: 1736326195
  • Current Sale Price: $259,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 22, 2008
  • Previous Sale Contract Date: Dec 16, 2008
  • Previous Sale Amount: $37,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 20, 2017
  • First Mortgage Loan Amount: $250,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FOUR OAKS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Dec 22, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $27,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

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Frequently Asked Questions

What neighborhood is 726 South State Street located in?
The 726 South State Street is a located in the neighborhood of Quarry Hill in Central Raleigh, Raleigh.
What is the average sales price for listings in 726 South State Street?
The average sales price for units in 726 South State Street is $0 currently.

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