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818 Cotton Exchange Court

818 Cotton Exchange Court, Raleigh, NC 27608
Sold Feb 20, 2014
$236,000
$232,150 by Truist Bank
Mortgage Due Nov 01, 2040
Sold Sep 28, 2006
$222,000
$222,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2036
818 Cotton Exchange Court 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 2002 and is 22 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, 818 Cotton Exchange Court has 1,890 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 1,307 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. 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 building has a gable style roof. 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 and being fueled with gas. 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, 818 Cotton Exchange Court sold most recently in Feb 20, 2014 for a total of $236,000. If you work out the math, that's approximately a cost of $124.87 per sqft. Before that, the property was also sold for $222,000 in Sep 28, 2006. 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 $2,963 in taxes each year. 818 Cotton Exchange Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $290,667. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $215,667. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2002
  • Effective Year Built: 2002
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,890
  • Building Area: 1,890
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,890
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLDE TOWNE VILLAGE
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO7 OLDE TOWNE VILLAGE BM2001-1303

Ownership

  • Current Owner : MORGAN JON DURHAM
  • Current Owner 2: SZYMANSKI KELLY SUSANNE
  • Previous Owner : THOMAS LAUREN B
  • Previous Owner 2: THOMAS ELIZABETH R
  • Owner Before Previous Owner: HOWARD DONALD
  • Owner Before Previous Owner 2: HOWARD ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0291215
  • District: 01
  • Parcel: 1714.05-19-2690 0291215
  • Lot: 7
  • Municipality: RALEIGH
  • Latitude: 35.8091
  • Longitude: -78.6246

    Address

  • Full Address: 818 Cotton Exchange Ct
  • Address - House Number: 818
  • Address - Street Name: Cotton Exchange
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1769
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,963

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 480,533
  • High Value: 538,209
  • Low Value: 422,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,150
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2020
  • First Open Lien Mortgage Loan Amount: $232,150
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Market Valuation

  • Market Total Value: $290,667
  • Market Land Value: $75,000
  • Market Improvement Value: $215,667

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $290,667
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $215,667

    Sales

  • Current Sale Contract Date: Feb 20, 2014
  • Current Sale Recording Date: Feb 20, 2014
  • Current Sale Transaction ID: 1128473694
  • Current Sale Price: $236,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Contract Date: Sep 28, 2006
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Feb 20, 2014
  • First Mortgage Loan Amount: $224,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 28, 2006
  • Previous Mortgage Loan Amount: $222,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2036

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Frequently Asked Questions

What neighborhood is 818 Cotton Exchange Court located in?
The 818 Cotton Exchange Court is a located in the neighborhood of Forest Acres Townhomes in University, Raleigh.
What is the average sales price for listings in 818 Cotton Exchange Court?
The average sales price for units in 818 Cotton Exchange Court is $0 currently.

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