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7367 Fontana Ridge Lane

7367 Fontana Ridge Lane, Raleigh, NC 27613
Property in Westlake Reserve
Sold May 09, 2022
$512,000
$256,000 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
Sold Jun 30, 2014
$319,500
$303,050 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2044
7367 Fontana Ridge Lane in Raleigh, NC was first built in 2004 and is 20 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7367 Fontana Ridge Lane has 2,467 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. 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. For those who need parking, there is a garage. The garage is 420 sqft. 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 exterior walls of the home are made of brick. 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. 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, 7367 Fontana Ridge Lane was last sold in May 3, 2022 for $512,000. According to our calculations, that's $207.54 per sqft. Prior to that sales transaction, the property was sold for $319,500 in Jun 30, 2014. Current property owners are expected to pay $3,493 in taxes per year. The property on 7367 Fontana Ridge Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $342,984. To break that down further, the land itself was valued at $65,000. While improvements to the property were assessed at a total of $277,984. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • 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: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,467
  • Building Area: 2,467
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,467
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WESTLAKE RESERVE SUB
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO42 WESTLAKE RESERVE SUB PH3 BM2003-00683

Ownership

  • Current Owner : COLE STEPHEN HOWARD
  • Current Owner 2: COLE LYDIA JOBE
  • Previous Owner : STEPHEN ZIMMERMAN JOEL
  • Previous Owner 2: STEPHEN MARIE HELEN
  • Owner Before Previous Owner: KASTL DARNAY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053711

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0312222
  • District: 08
  • Subdivision Phase Number: 3
  • Parcel: 0787.11-66-8590 0312222
  • Lot: 42
  • Municipality: LEESVILLE
  • Latitude: 35.8831
  • Longitude: -78.7066

    Address

  • Full Address: 7367 Fontana Ridge Ln
  • Address - House Number: 7367
  • Address - Street Name: Fontana Ridge
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R018
  • 4-Digit Zip Code: 1470
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,493

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 584,699
  • High Value: 657,073
  • Low Value: 512,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $256,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $342,984
  • Market Land Value: $65,000
  • Market Improvement Value: $277,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $342,984
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $277,984

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11887340899
  • Current Sale Price: $512,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $319,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 30, 2014
  • Previous Mortgage Loan Amount: $303,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

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Frequently Asked Questions

What neighborhood is 7367 Fontana Ridge Lane located in?
The 7367 Fontana Ridge Lane is a located in the neighborhood of Westlake Reserve in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 7367 Fontana Ridge Lane?
The average sales price for units in 7367 Fontana Ridge Lane is $0 currently.

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