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7708 Oakmont Place

7708 Oakmont Place, Raleigh, NC 27615
Sold Apr 21, 2022
$3,900
$500,000 by Provident Funding Associates L
Mortgage Due May 01, 2052
Sold Feb 28, 2002
$627,000
$452,000 by Bank Of America
Mortgage Due Mar 01, 2032
Local assessors in Raleigh, NC have categorized 7708 Oakmont Place as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 42,253 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 3 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 7708 Oakmont Place has a total of 6,203 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 576 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a hip style roof. Lots of brick 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, 7708 Oakmont Place was last sold in Apr 21, 2022 for $3,900. According to our calculations, that's $0.63 per sqft. Prior to that sales transaction, the property was sold for $627,000 in Feb 27, 2002. Current property owners are expected to pay $11,728 in taxes per year. The property on 7708 Oakmont Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,156,391. To break that down further, the land itself was valued at $231,250. While improvements to the property were assessed at a total of $925,141. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1995
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 6,203
  • Building Area: 6,203
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,203
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH RIDGE ESTATES
  • Land Acres: 0.97
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO104 NORTH RIDGE ESTATES BM1988-1085

Ownership

  • Current Owner : ELLIS JARED NOEL
  • Current Owner 2: ELLIS JESSICA ELPTICK
  • Previous Owner : VANDERGAST MYERS KIRSTEN
  • Previous Owner 2: SHAW GORDON
  • Owner Before Previous Owner: PRUDENTIAL RESIDENTIAL SVCS LTD PRTNRSHP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054011

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0172927
  • District: 13
  • Parcel: 1717.07-69-6275 0172927
  • Lot: 104
  • Municipality: NEUSE
  • Latitude: 35.8902
  • Longitude: -78.6061

    Address

  • Full Address: 7708 Oakmont Pl
  • Address - House Number: 7708
  • Address - Street Name: Oakmont
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 5492
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,728

    Appraisal Valuation

  • Standard Deviation: 0.1183
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 87
  • Final Value: 1,543,876
  • High Value: 1,726,627
  • Low Value: 1,361,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Apr 21, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $1,156,391
  • Market Land Value: $231,250
  • Market Improvement Value: $925,141

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,156,391
  • Assessed Land Value: $231,250
  • Assessed Improvements Value: $925,141

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Transaction ID: 11886077367
  • Current Sale Price: $3,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 28, 2002
  • Previous Sale Contract Date: Feb 27, 2002
  • Previous Sale Amount: $627,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Apr 21, 2022
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Feb 28, 2002
  • Previous Mortgage Loan Amount: $452,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About North Raleigh



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Frequently Asked Questions

What neighborhood is 7708 Oakmont Place located in?
The 7708 Oakmont Place is a located in the neighborhood of North Ridge Estates in North Raleigh, Raleigh.
What is the average sales price for listings in 7708 Oakmont Place?
The average sales price for units in 7708 Oakmont Place is $0 currently.

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