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7404 Silver View Lane

7404 Silver View Lane, Raleigh, NC 27613
Property in Long Lake
Sold Aug 04, 2017
$346,000
$359,000 by Coastal Federal Credit Union
Mortgage Due Nov 01, 2052
Sold Apr 30, 2014
$287,000
$229,600 by Quicken Loans Inc
Mortgage Due May 01, 2044
Local assessors in Raleigh, NC have categorized 7404 Silver View Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7404 Silver View Lane has a total of 2,576 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 228 sqft. The building has a gable style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7404 Silver View Lane was last sold in Jul 7, 2017 for $346,000. According to our calculations, that's $134.32 per sqft. Prior to that sales transaction, the property was sold for $287,000 in Apr 30, 2014. Current property owners are expected to pay $3,718 in taxes per year. The property on 7404 Silver View Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $365,199. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $275,199. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 228
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LONG LAKE SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1189 LONG LAKE SUB TR1 PH2 BM2004-02091

Ownership

  • Current Owner : POTTER WILLIAM
  • Current Owner 2: POTTER SUSAN
  • Previous Owner : VEETY ANDREW
  • Previous Owner 2: VEETY SARA
  • Owner Before Previous Owner: GOODWIN CARL BRIAN
  • Owner Before Previous Owner 2: GOODWIN JULIE DAWN MARION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053724

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0305652
  • District: 08
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 1
  • Parcel: 0787.09-05-3249 0305652
  • Lot: 1189
  • Municipality: LEESVILLE
  • Latitude: 35.8799
  • Longitude: -78.7288

    Address

  • Full Address: 7404 Silver View Ln
  • Address - House Number: 7404
  • Address - Street Name: Silver View
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R036
  • 4-Digit Zip Code: 1073
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,718

    Appraisal Valuation

  • Standard Deviation: 0.1309
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 85
  • Final Value: 585,126
  • High Value: 661,757
  • Low Value: 508,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,000
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 11, 2022
  • First Open Lien Mortgage Loan Amount: $359,000
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $365,199
  • Market Land Value: $90,000
  • Market Improvement Value: $275,199

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $365,199
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $275,199

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Transaction ID: 1732130932
  • Current Sale Price: $346,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $287,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 04, 2017
  • First Mortgage Loan Amount: $222,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Apr 30, 2014
  • Previous Mortgage Loan Amount: $229,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

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Frequently Asked Questions

What neighborhood is 7404 Silver View Lane located in?
The 7404 Silver View Lane is a located in the neighborhood of Long Lake in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 7404 Silver View Lane?
The average sales price for units in 7404 Silver View Lane is $0 currently.

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