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7908 Milltrace Run

7908 Milltrace Run, Raleigh, NC 27615
Sold Apr 09, 2020
$322,000
$305,900 by Atlantic Bay Mortgage Group Ll
Mortgage Due May 01, 2050
Sold Nov 04, 2013
$245,000
$183,750 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2043
Local assessors in Raleigh, NC have categorized 7908 Milltrace Run as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 10,454 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 7908 Milltrace Run has a total of 2,160 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 462 sqft. 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 frame control joints. The building has a gable style roof. 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, 7908 Milltrace Run was last sold in Apr 9, 2020 for $322,000. According to our calculations, that's $149.07 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Nov 4, 2013. Current property owners are expected to pay $3,210 in taxes per year. The property on 7908 Milltrace Run was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $315,064. To break that down further, the land itself was valued at $59,500. While improvements to the property were assessed at a total of $255,564. 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

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,160
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HARPS MILL WOODS SUB
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO112 HARPS MILL WOODS SUB PH4 BM1998-263

Ownership

  • Current Owner : TYSON LEIGH REDFEREAN
  • Current Owner 2: BATEMAN DAVIS MARTIN
  • Previous Owner : BARTEE SHIRLEY CAROL
  • Previous Owner 2: BARTEE SHIRLEY C
  • Owner Before Previous Owner: MOODY DAVID H
  • Owner Before Previous Owner 2: MOODY MARY G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054017

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0241188
  • District: 13
  • Subdivision Phase Number: 4
  • Parcel: 1727.05-08-0664 0241188
  • Lot: 112
  • Municipality: NEUSE
  • Latitude: 35.8887
  • Longitude: -78.5946

    Address

  • Full Address: 7908 Milltrace Run
  • Address - House Number: 7908
  • Address - Street Name: Milltrace
  • Address - Suffix Type: Run
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 3622
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,210

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 503,881
  • High Value: 569,518
  • Low Value: 438,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,900
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Apr 09, 2020
  • First Open Lien Mortgage Loan Amount: $305,900
  • 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, 2050

    Market Valuation

  • Market Total Value: $315,064
  • Market Land Value: $59,500
  • Market Improvement Value: $255,564

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $315,064
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $255,564

    Sales

  • Current Sale Contract Date: Apr 09, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11761591791
  • Current Sale Price: $322,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 04, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $305,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 04, 2013
  • Previous Mortgage Loan Amount: $183,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About North Raleigh



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Frequently Asked Questions

What neighborhood is 7908 Milltrace Run located in?
The 7908 Milltrace Run is a house located in the neighborhood of Harps Mill Woods in North Raleigh, Raleigh.
What is the average sales price for listings in 7908 Milltrace Run?
The average sales price for units in 7908 Milltrace Run is $319,900 , or $147/sqft. currently.

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