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7301 Tanbark Way

7301 Tanbark Way, Raleigh, NC 27615
Property in Tanbark Woods
Sold Aug 12, 2022
$657,000
$525,600 by Wyndham Capital Mortgage Inc
Mortgage Due Sep 01, 2052
Sold Apr 27, 2021
$530,000
$397,500 by Lenderfi Inc
Mortgage Due May 01, 2051
7301 Tanbark Way in Raleigh, NC was first built in 1980 and is 44 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 conventional 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. 7301 Tanbark Way has 2,278 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 24,394 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. The condition of the building has been evaluated as average. 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, 7301 Tanbark Way sold most recently in Aug 2, 2022 for a total of $657,000. If you work out the math, that's approximately a cost of $288.41 per sqft. Before that, the property was also sold for $530,000 in Apr 27, 2021. 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 $4,094 in taxes each year. 7301 Tanbark Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $402,355. If we break it down further, the land itself was valued at $167,000. Improvements to the property, however, were assessed at a total of $235,355. 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: 1980
  • Effective Year Built: 1980
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 24,394
  • Total Building Area: 2,278
  • Building Area: 2,278
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,278
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TANBARK WOODS SUB
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO14 TANBARK WOODS SUB (BM BM1979-00802

Ownership

  • Current Owner : EMORY TAYLOR A
  • Current Owner 2: EMORY MARIE P
  • Previous Owner : BRENNAN MAGRI JACK
  • Previous Owner 2: CONDRON SHELBY
  • Owner Before Previous Owner: WELCH MATTHEW A
  • Owner Before Previous Owner 2: WELCH JENNIFER A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054011

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0111452
  • District: 13
  • Parcel: 1717.09-17-1251 0111452
  • Lot: 14
  • Municipality: NEUSE
  • Latitude: 35.8849
  • Longitude: -78.6247

    Address

  • Full Address: 7301 Tanbark Way
  • Address - House Number: 7301
  • Address - Street Name: Tanbark
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C049
  • 4-Digit Zip Code: 5366
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,094

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 635,653
  • High Value: 679,326
  • Low Value: 591,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,600
  • First Open Lien Mortgage Lender: WYNDHAM CAPITAL MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Loan Amount: $525,600
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $402,355
  • Market Land Value: $167,000
  • Market Improvement Value: $235,355

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $402,355
  • Assessed Land Value: $167,000
  • Assessed Improvements Value: $235,355

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Transaction ID: 11894826641
  • Current Sale Price: $657,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 27, 2021
  • Previous Sale Contract Date: Apr 27, 2021
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WYNDHAM CAPITAL MORTGAGE INC
  • First Mortgage Transaction Date: Aug 12, 2022
  • First Mortgage Loan Amount: $525,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LENDERFI INC
  • Previous Mortgage Transaction Date: Apr 27, 2021
  • Previous Mortgage Loan Amount: $397,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About North Raleigh



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Frequently Asked Questions

What neighborhood is 7301 Tanbark Way located in?
The 7301 Tanbark Way is a located in the neighborhood of Tanbark Woods in North Raleigh, Raleigh.
What is the average sales price for listings in 7301 Tanbark Way?
The average sales price for units in 7301 Tanbark Way is $0 currently.

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