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7718 Tori Trace Lane

7718 Tori Trace Lane, Raleigh, NC 27613
Townhouse in Long Lake
Sold Aug 06, 2020
$372,500
$242,125 by Prosperity Home Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Mar 30, 2004
$224,500
$179,256 by Pulte Mortgage Llc
Mortgage Due Apr 01, 2034
7718 Tori Trace 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. 7718 Tori Trace Lane has 2,458 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 4,356 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 307 sqft. The exterior walls of the home are made of alum/vinyl siding. 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. The property was last sold in Jul 22, 2020 for $372,500. That's $151.55 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2004 for $224,500. 7718 Tori Trace Lane was last assessed in 2022. The total value of the property was assessed at $333,803. Specifically, the land the property is located on was valued at $62,000. While improvements on the property were assessed at a total of $271,803. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,400. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
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
  • Building Style: Townhouse
  • 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: 307
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,458
  • Building Area: 2,458
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,458
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LONG LAKE SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO5031 LONG LAKE SUB TR5 PH2 BM2003-00015

Ownership

  • Current Owner : PETERS ROBERT D
  • Current Owner 2: PETERS VIRGINIA
  • Previous Owner : JEAN PATRICK R
  • Previous Owner 2: JEAN BARBARA B
  • Owner Before Previous Owner: PULTE HOME CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0307655
  • District: 08
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 5
  • Parcel: 0777.02-97-7977 0307655
  • Lot: 5031
  • Municipality: LEESVILLE
  • Latitude: 35.8873
  • Longitude: -78.7307

    Address

  • Full Address: 7718 Tori Trce
  • Address - House Number: 7718
  • Address - Street Name: Tori
  • Address - Suffix Type: Trce
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R063
  • 4-Digit Zip Code: 1471
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,400

    Appraisal Valuation

  • Standard Deviation: 0.1294
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 547,568
  • High Value: 618,424
  • Low Value: 476,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,125
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $242,125
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $333,803
  • Market Land Value: $62,000
  • Market Improvement Value: $271,803

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $333,803
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $271,803

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11786084949
  • Current Sale Price: $372,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 30, 2004
  • Previous Sale Contract Date: Mar 30, 2004
  • Previous Sale Amount: $224,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $242,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PULTE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 30, 2004
  • Previous Mortgage Loan Amount: $179,256
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2034

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Frequently Asked Questions

What neighborhood is 7718 Tori Trace Lane located in?
The 7718 Tori Trace Lane is a townhouse located in the neighborhood of Long Lake in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 7718 Tori Trace Lane?
The average sales price for units in 7718 Tori Trace Lane is $365,000 , or $147/sqft. currently.

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