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8220 Ortin Lane

8220 Ortin Lane, Raleigh, NC 27612
Property in Lake Anne
Sold Jul 21, 2017
$195,000
$420,600 by Branch Banking And Trust Co
Mortgage Due Aug 01, 2048
8220 Ortin Lane in Raleigh, NC was first built in 2017 and is 7 years old. 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 3 full bathrooms. There are 3 partial bathrooms. 8220 Ortin Lane has 3,750 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 20,909 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 528 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. 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. 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, 8220 Ortin Lane was last sold in Jul 5, 2017 for $195,000. According to our calculations, that's $52.00 per sqft. Current property owners are expected to pay $6,981 in taxes per year. The property on 8220 Ortin Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $687,529. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $597,529. 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. 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.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.

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: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 3,750
  • Building Area: 3,750
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE ANNE SUB
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO132 LAKE ANNE SUB SE3

Ownership

  • Current Owner : RUTHERFORD DAVID
  • Current Owner 2: RUTHERFORD ANGELA
  • Previous Owner : STEWART BRIAN RICHARD
  • Previous Owner 2: STEWART JENNIFER DZUROVEIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053709

Zoning

  • Zoning: R-2

Geography

  • Account Number: 0108254
  • District: 07
  • Section: 3
  • Parcel: 0777.04-81-5259 0108254
  • Lot: 132
  • Municipality: HOUSE CREEK
  • Latitude: 35.8689
  • Longitude: -78.7349

    Address

  • Full Address: 8220 Ortin Ln
  • Address - House Number: 8220
  • Address - Street Name: Ortin
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R008
  • 4-Digit Zip Code: 7240
  • Zip Code: 27612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,981

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 994,515
  • High Value: 1,123,564
  • Low Value: 865,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,600
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 21, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $420,600
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $687,529
  • Market Land Value: $90,000
  • Market Improvement Value: $597,529

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $687,529
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $597,529

    Sales

  • Current Sale Contract Date: Jul 05, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Transaction ID: 1590290998
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Jul 21, 2017
  • First Mortgage Loan Amount: $420,600
  • First Mortgage Terms: 372
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest Raleigh



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Frequently Asked Questions

What neighborhood is 8220 Ortin Lane located in?
The 8220 Ortin Lane is a located in the neighborhood of Lake Anne in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 8220 Ortin Lane?
The average sales price for units in 8220 Ortin Lane is $0 currently.

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