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817 Cedar Downs Drive

817 Cedar Downs Drive, Raleigh, NC 27607
Property in Nowell Ridge
Sold Nov 24, 2020
$434,000
$434,000 by Mortgage Research Center Llc
Mortgage Due Dec 01, 2050
Sold Jun 22, 2005
$279,000
817 Cedar Downs Drive in Raleigh, NC was first built in 2001 and is 23 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional 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. 817 Cedar Downs Drive has 2,533 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 10,890 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 504 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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, 817 Cedar Downs Drive sold most recently in Nov 24, 2020 for a total of $434,000. If you work out the math, that's approximately a cost of $171.34 per sqft. Before that, the property was also sold for $279,000 in Jun 21, 2005. 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 $4,150 in taxes each year. 817 Cedar Downs Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $407,907. If we break it down further, the land itself was valued at $110,000. Improvements to the property, however, were assessed at a total of $297,907. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2015
  • 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: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,533
  • Building Area: 2,533
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,533
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NOWELL RIDGE SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO18 NOWELL RIDGE SUB BM2000-1922

Ownership

  • Current Owner : MORGAN ROBERT
  • Current Owner 2: LE NGOC VU
  • Previous Owner : DERASMO ANTHONY
  • Previous Owner 2: DERASMO LATIFA
  • Owner Before Previous Owner: CAUSEY JEFFREY D
  • Owner Before Previous Owner 2: CAUSEY ELVIRA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052401

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0278974
  • District: 11
  • Parcel: 0774.16-93-3066 0278974
  • Lot: 18
  • Municipality: MEREDITH
  • Latitude: 35.7914
  • Longitude: -78.7324

    Address

  • Full Address: 817 Cedar Downs Dr
  • Address - House Number: 817
  • Address - Street Name: Cedar Downs
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C018
  • 4-Digit Zip Code: 5159
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,150

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 580,645
  • High Value: 657,739
  • Low Value: 503,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $434,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $434,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $407,907
  • Market Land Value: $110,000
  • Market Improvement Value: $297,907

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $407,907
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $297,907

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11826161744
  • Current Sale Price: $434,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 22, 2005
  • Previous Sale Contract Date: Jun 21, 2005
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $434,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 817 Cedar Downs Drive located in?
The 817 Cedar Downs Drive is a located in the neighborhood of Nowell Ridge in Southwest Raleigh, Raleigh.
What is the average sales price for listings in 817 Cedar Downs Drive?
The average sales price for units in 817 Cedar Downs Drive is $0 currently.

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