See Home Value
Raleigh 27615 Gresham Trace
8208 Gresham Trace Lane
$393,457*
House - Off Market

8208 Gresham Trace Lane

Raleigh, NC 27615
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1997 Sqft
$243,000 - $295,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold Mar 13, 2020
$262,500
$262,500 by Truist Bank
Mortgage Due Apr 01, 2050
Sold Oct 01, 1998
$159,000
$150,900 by M/i Financial Corp
Mortgage Due Oct 01, 2028

About This Property

This fantastic home is updated & MOVE IN READY! REDUCED!!   Great RENTAL PROPERTY POTENTIAL. THE RENTAL COMPS ARE SIGNIFICANTLY ABOVE THE MORTGAGE PAYMENT W/ AS LITTLE AT THREE PERCENT DOWN PAYMENT. Easy drive to downtown.  Huge deck backing a treed backyard. Freshly painted interior, new flooring, carpeting & hardwoods throughout! The spacious master bedroom boasts of a vaulted ceiling, 2 master closets & master spa w/ soaking tub & double vanity.Perfect first floor plan entertaining.

The manager has listed the unit size as 1997 square feet.
Unit Size
1,997Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$135
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

Price History

Date / Event Date Event Price
Mar 13, 2020 Sold to Mohammad Ali Ebn Alnassir $262,500
Sold to Mohammad Ali Ebn Alnassir
Dec 15, 2019 No longer available -
No longer available
Nov 1, 2019 Price Decreased $269,000
↓ $10K (3.6%)
Price Decreased
Oct 16, 2019 Price Decreased $279,000
↓ $9K (3.1%)
Price Decreased
Sep 26, 2019 Price Decreased $288,000
↓ $10K (3.4%)
Price Decreased
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Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • 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: 197
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,997
  • Building Area: 1,997
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,997
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRESHAM TRACE SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO69 GRESHAM TRACE SUB PH2 BM1997-00167

Ownership

  • Current Owner : ALNASSIR MOHAMMAD ALI EBN
  • Previous Owner : KISSINGER JOHN F
  • Owner Before Previous Owner: M/I SCHOTTENSTEIN HOMES INC

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0233015
  • District: 13
  • Subdivision Phase Number: 2
  • Parcel: 1727.05-08-3471 0233015
  • Lot: 69
  • Municipality: NEUSE
  • Latitude: 35.8881
  • Longitude: -78.5936

    Address

  • Full Address: 8208 Gresham Trace Ln
  • Address - House Number: 8208
  • Address - Street Name: Gresham Trace
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C046
  • 4-Digit Zip Code: 8057
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,881

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 457,262
  • High Value: 518,754
  • Low Value: 395,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Loan Amount: $262,500
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $282,547
  • Market Land Value: $64,000
  • Market Improvement Value: $218,547

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,547
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $218,547

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11754215716
  • Current Sale Price: $262,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 01, 1998
  • Previous Sale Contract Date: Sep 30, 1998
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $262,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: M/I FINANCIAL CORP
  • Previous Mortgage Transaction Date: Oct 01, 1998
  • Previous Mortgage Loan Amount: $150,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Raleigh


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Frequently Asked Questions

When was property at 8208 Gresham Trace Lane built and last sold?
The property at 8208 Gresham Trace Lane was built in 1998 and last sold on Mar 11, 2020 for $262,500.
How much is this home worth?
The estimated value of the home located at 8208 Gresham Trace Lane is $282,643.
What are some comparable homes to 8208 Gresham Trace Lane?
There are currently no comparable homes to 8208 Gresham Trace Lane.

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