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8116 Bright Oak Trail

8116 Bright Oak Trail, Raleigh, NC 27616
House in Brighton
Sold Dec 18, 2020
$230,000
$225,000 by State Employees Cu
Mortgage Due Jan 01, 2051
Sold Jan 16, 2003
$105,000
$99,400 by Option One Mortgage Corp
Mortgage Due Feb 01, 2033
Local assessors in Raleigh, NC have categorized 8116 Bright Oak Trail as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 5,227 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 2 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 8116 Bright Oak Trail has a total of 1,399 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 220 sqft. The building has a gable style roof. Lots of alum/vinyl siding 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. 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, 8116 Bright Oak Trail was last sold in Dec 12, 2020 for $230,000. According to our calculations, that's $164.40 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Jan 15, 2003. Current property owners are expected to pay $1,897 in taxes per year. The property on 8116 Bright Oak Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $185,429. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $150,429. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • 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: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,399
  • Building Area: 1,399
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,399
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRIGHTON SUB
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO201 BRIGHTON SUB PH4 BM2001-01122

Ownership

  • Current Owner : BETANCOURT ANGEL
  • Current Owner 2: LLIZO TANIA
  • Previous Owner : ABISUGA ABIMBOLA A
  • Previous Owner 2: ABISUGA STEPHEN
  • Owner Before Previous Owner: COLONY HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054209

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0290324
  • District: 19
  • Subdivision Phase Number: 4
  • Parcel: 1747.01-39-8188 0290324
  • Lot: 201
  • Municipality: WAKE FOREST
  • Latitude: 35.8899
  • Longitude: -78.5143

    Address

  • Full Address: 8116 Bright Oak Trl
  • Address - House Number: 8116
  • Address - Street Name: Bright Oak
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R016
  • 4-Digit Zip Code: 8311
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,897

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 337,337
  • High Value: 383,565
  • Low Value: 291,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $185,429
  • Market Land Value: $35,000
  • Market Improvement Value: $150,429

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,429
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $150,429

    Sales

  • Current Sale Contract Date: Dec 12, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11827293168
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 16, 2003
  • Previous Sale Contract Date: Jan 15, 2003
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 16, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $99,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2033

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Frequently Asked Questions

What neighborhood is 8116 Bright Oak Trail located in?
The 8116 Bright Oak Trail is a house located in the neighborhood of Brighton in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 8116 Bright Oak Trail?
The average sales price for units in 8116 Bright Oak Trail is $0 currently.

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