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7304 Ray Road

7304 Ray Road, Raleigh, NC 27613
Sold Jan 29, 2019
$275,000
$219,000 by Primary Residential Mortgage I
Mortgage Due Jan 01, 2051
Sold Jun 27, 2002
$145,000
$116,000 by Fm Lending Services Inc
Mortgage Due Jul 01, 2032
7304 Ray Road 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 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1994. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7304 Ray Road has 2,107 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 12,632 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 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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 frame control joints. The building has a gable style roof. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 28, 2019 for $275,000. That's $130.52 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2002 for $145,000. 7304 Ray Road was last assessed in 2023. The total value of the property was assessed at $277,121. Specifically, the land the property is located on was valued at $86,250. While improvements on the property were assessed at a total of $190,871. 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 $3,041. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1984
  • Effective Year Built: 1994
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,107
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HAMPTON OAKS SUB
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO148 HAMPTON OAKS SUB SE5 BM1980-452

Ownership

  • Current Owner : PALADINO ARMANDO
  • Current Owner 2: RAMOS LEYLA
  • Previous Owner : FARWELL JOHN CLAUDE W
  • Previous Owner 2: FARWELL JANE ELLEN
  • Owner Before Previous Owner: BUCK EDWARD L
  • Owner Before Previous Owner 2: BUCK SUSANNE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053714

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0108973
  • District: 07
  • Section: 5
  • Parcel: 0797.13-14-9921 0108973
  • Lot: 148
  • Municipality: HOUSE CREEK
  • Latitude: 35.8788
  • Longitude: -78.6896

    Address

  • Full Address: 7304 Ray Rd
  • Address - House Number: 7304
  • Address - Street Name: Ray
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R026
  • 4-Digit Zip Code: 3919
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,041
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1279
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 85
  • Final Value: 475,605
  • High Value: 536,454
  • Low Value: 414,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $219,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $277,121
  • Market Land Value: $86,250
  • Market Improvement Value: $190,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,121
  • Assessed Land Value: $86,250
  • Assessed Improvements Value: $190,871

    Sales

  • Current Sale Contract Date: Jan 28, 2019
  • Current Sale Recording Date: Jan 29, 2019
  • Current Sale Transaction ID: 11563693212
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Contract Date: Jun 27, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 29, 2019
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FM LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Jun 27, 2002
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2032

About Northwest Raleigh



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Frequently Asked Questions

What neighborhood is 7304 Ray Road located in?
The 7304 Ray Road is a house located in the neighborhood of Hampton Oaks in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 7304 Ray Road?
The average sales price for units in 7304 Ray Road is $0 currently.

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