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7312 Water Willow Drive

7312 Water Willow Drive, Raleigh, NC 27617
Property in Umstead
Sold Feb 11, 2021
$263,000
$263,000 by Regions Bank
Mortgage Due Mar 01, 2051
Sold Aug 08, 2013
$178,000
$170,848 by Suntrust Mortgage Inc
Mortgage Due Sep 01, 2043
7312 Water Willow Drive in Raleigh, NC was first built in 2006 and is 18 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. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7312 Water Willow Drive has 1,620 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. For those who need parking, there is a attached garage. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 7312 Water Willow Drive sold most recently in Feb 1, 2021 for a total of $263,000. If you work out the math, that's approximately a cost of $162.35 per sqft. Before that, the property was also sold for $178,000 in Aug 8, 2013. 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 $2,619 in taxes each year. 7312 Water Willow Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $220,944. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $175,944. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Garage Parking
Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MULBRY PK TW CMNTY/091-02
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MULBERRY PARK TW CMNTY/LT S#091-102 RECOMB/LT#097 PL000176-000340

Ownership

  • Current Owner : MASTERS ERIC DAVID
  • Previous Owner : LINNA QUINN
  • Previous Owner 2: LINNA TROY
  • Owner Before Previous Owner: BAKER STEPHANIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY RALEIGH
  • Census Tract: 001900

Zoning

  • Zoning: OFFICE MIX

Geography

  • Assessors Map Reference: BK 176 PG 340
  • Parcel: 207902
  • Lot: 97
  • Municipality: CITY OF RALEIGH
  • Latitude: 35.9214
  • Longitude: -78.7626

    Address

  • Full Address: 7312 Water Willow Dr
  • Address - House Number: 7312
  • Address - Street Name: Water Willow
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R089
  • 4-Digit Zip Code: 6704
  • Zip Code: 27617

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,619

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 352,498
  • High Value: 416,530
  • Low Value: 288,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Loan Amount: $263,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $220,944
  • Market Land Value: $45,000
  • Market Improvement Value: $175,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,944
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $175,944

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11820278131
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021007054
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Contract Date: Aug 08, 2013
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $263,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 08, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $170,848
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Umstead



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Frequently Asked Questions

What neighborhood is 7312 Water Willow Drive located in?
The 7312 Water Willow Drive is a located in the neighborhood of Umstead in Umstead, Raleigh.
What is the average sales price for listings in 7312 Water Willow Drive?
The average sales price for units in 7312 Water Willow Drive is $258,900 , or $155/sqft. currently.

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