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8065 Gilano Drive

8065 Gilano Drive, Raleigh, NC 27603
Property in Wake
Sold Jan 21, 2022
$450,000
$405,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2052
Sold Dec 20, 2017
$288,000
$294,949 by Movement Mortgage
Mortgage Due Jan 01, 2048
8065 Gilano Drive has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 2017 and is 7 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8065 Gilano Drive has 2,358 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 302 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8065 Gilano Drive sold most recently in Jan 20, 2022 for a total of $450,000. If you work out the math, that's approximately a cost of $190.84 per sqft. Before that, the property was also sold for $288,000 in Dec 20, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,145 in taxes each year. 8065 Gilano Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $299,219. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $244,219. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 302
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CYPRESS MEADOW
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO20 CYPRESS MEADOW PH2 BM2015-01587

Ownership

  • Current Owner : MATTERN EMILY D
  • Previous Owner : EDWARDS TRACY L
  • Owner Before Previous Owner: BEAZER HOMES LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053110

Zoning

  • Zoning: RMD

Geography

  • Assessors Map Reference: BK 2015 PG 1587
  • Account Number: 0432553
  • District: 12
  • Subdivision Phase Number: 2
  • Parcel: 0699.01-05-0041 0432553
  • Lot: 20
  • Municipality: MIDDLE CREEK
  • Latitude: 35.6593
  • Longitude: -78.6969

    Address

  • Full Address: 8065 Gilano Dr
  • Address - House Number: 8065
  • Address - Street Name: Gilano
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R032
  • 4-Digit Zip Code: 9488
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,145

    Appraisal Valuation

  • Standard Deviation: 0.1318
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 494,083
  • High Value: 559,205
  • Low Value: 428,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $299,219
  • Market Land Value: $55,000
  • Market Improvement Value: $244,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $299,219
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $244,219

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11879207629
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Contract Date: Dec 20, 2017
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 21, 2022
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Dec 20, 2017
  • Previous Mortgage Loan Amount: $294,949
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

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Frequently Asked Questions

What neighborhood is 8065 Gilano Drive located in?
The 8065 Gilano Drive is a located in the neighborhood of Wake in Wake, Raleigh.
What is the average sales price for listings in 8065 Gilano Drive?
The average sales price for units in 8065 Gilano Drive is $0 currently.

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