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7320 Caversham Way

7320 Caversham Way, Raleigh, NC 27617
Property in Umstead
Sold Dec 28, 2012
$199,000
$138,000 by Standard Pacific Pacific Mortg
Mortgage Due Jan 01, 2043
Sold Aug 04, 2010
$280,000
7320 Caversham Way in Raleigh, NC was first built in 2012 and is 12 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7320 Caversham Way has 1,766 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 2,614 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7320 Caversham Way was last sold in Dec 27, 2012 for $199,000. According to our calculations, that's $112.68 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Aug 4, 2010. Current property owners are expected to pay $2,706 in taxes per year. The property on 7320 Caversham Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $228,299. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $183,299. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 3
  • 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: 2,614
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MULBRY PK TW CMNTY/072-78
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MULBERRY PARK TW CMNTY/LT S#072-078 RECOMB/LT#072R PL000189-000224

Ownership

  • Current Owner : LUGONES FLOR E
  • Previous Owner : STANDARD PACIFIC OF THE CAROLINAS LLC
  • Owner Before Previous Owner: SATTERWHITE CONSTRUCTION INC
  • 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 189 PG 224
  • Parcel: 208750
  • Lot: 72R
  • Municipality: CITY OF RALEIGH
  • Latitude: 35.9208
  • Longitude: -78.7629

    Address

  • Full Address: 7320 Caversham Way
  • Address - House Number: 7320
  • Address - Street Name: Caversham
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R089
  • 4-Digit Zip Code: 6801
  • Zip Code: 27617

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,706

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 394,736
  • High Value: 461,641
  • Low Value: 327,831

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,000
  • First Open Lien Mortgage Lender: STANDARD PACIFIC PACIFIC MORTG
  • First Open Lien Mortgage Recording Date: Dec 28, 2012
  • First Open Lien Mortgage Loan Amount: $138,000
  • 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, 2043

    Market Valuation

  • Market Total Value: $228,299
  • Market Land Value: $45,000
  • Market Improvement Value: $183,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,299
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $183,299

    Sales

  • Current Sale Contract Date: Dec 27, 2012
  • Current Sale Recording Date: Dec 28, 2012
  • Current Sale Transaction ID: 1196936290
  • Current Sale Price: $199,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012046391
  • Previous Sale Recording Date: Aug 04, 2010
  • Previous Sale Contract Date: Aug 04, 2010
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD PACIFIC PACIFIC MORTG
  • First Mortgage Transaction Date: Dec 28, 2012
  • First Mortgage Loan Amount: $138,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

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Frequently Asked Questions

What neighborhood is 7320 Caversham Way located in?
The 7320 Caversham Way is a located in the neighborhood of Umstead in Umstead, Raleigh.
What is the average sales price for listings in 7320 Caversham Way?
The average sales price for units in 7320 Caversham Way is $0 currently.

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