Check Availability

7508 Mine Shaft Road

7508 Mine Shaft Road, Raleigh, NC 27615
Property in Mine Valley
Sold Sep 28, 2022
$370,000
$363,298 by Mutual Of Omaha Mortgage Inc
Mortgage Due Oct 01, 2052
Sold May 23, 2022
$839
7508 Mine Shaft Road in Raleigh, NC was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7508 Mine Shaft Road has 2,144 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. The basement is 748 sqft and has been categorized as a full basement. In total, the area measurement of the land is 11,761 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. 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 condition of the building has been evaluated as average. 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, 7508 Mine Shaft Road was last sold in Sep 20, 2022 for $370,000. According to our calculations, that's $172.57 per sqft. Prior to that sales transaction, the property was sold for $839 in May 20, 2022. Current property owners are expected to pay $2,630 in taxes per year. The property on 7508 Mine Shaft Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $257,816. To break that down further, the land itself was valued at $107,000. While improvements to the property were assessed at a total of $150,816. 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. 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. 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: 1979
  • Effective Year Built: 1984
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 748
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,144
  • Building Area: 2,144
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,144
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MINE VLY
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO83 MINE VALLEY SE3

Ownership

  • Current Owner : BALL CHARLES G
  • Current Owner 2: BALL RACHEL G
  • Previous Owner : OPENDOOR PROPERTY TRUST
  • Owner Before Previous Owner: BENJAMIN HARRELL JR ERNEST
  • Owner Before Previous Owner 2: SELF BETTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053707

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0106398
  • District: 07
  • Section: 3
  • Parcel: 1707.09-15-9591 0106398
  • Lot: 83
  • Municipality: HOUSE CREEK
  • Latitude: 35.8804
  • Longitude: -78.6557

    Address

  • Full Address: 7508 Mine Shaft Rd
  • Address - House Number: 7508
  • Address - Street Name: Mine Shaft
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C038
  • 4-Digit Zip Code: 6024
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,630

    Appraisal Valuation

  • Standard Deviation: 0.0693
  • Valuation Date: Sep 28, 2022
  • Confidence Score: 96
  • Final Value: 395,357
  • High Value: 422,767
  • Low Value: 367,946

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $363,298
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2022
  • First Open Lien Mortgage Loan Amount: $363,298
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $257,816
  • Market Land Value: $107,000
  • Market Improvement Value: $150,816

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $257,816
  • Assessed Land Value: $107,000
  • Assessed Improvements Value: $150,816

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Transaction ID: 11896434731
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2022
  • Previous Sale Contract Date: May 20, 2022
  • Previous Sale Amount: $839
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Sep 28, 2022
  • First Mortgage Loan Amount: $363,298
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052

About North Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 137 Renwick Court, Raleigh, NC, 27615

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,278 ft²
137 Renwick Court #1, Raleigh, NC, 27615 Listing by Nakayla Monserrate
Unit for rent at 1306 Hampshire Court, Raleigh, NC, 27612

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,870 ft²
1306 Hampshire Court, Raleigh, NC, 27612 Listing by Michael Sullivan

Frequently Asked Questions

What neighborhood is 7508 Mine Shaft Road located in?
The 7508 Mine Shaft Road is a located in the neighborhood of Mine Valley in North Raleigh, Raleigh.
What is the average sales price for listings in 7508 Mine Shaft Road?
The average sales price for units in 7508 Mine Shaft Road is $0 currently.

Quantcast