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8514 Micollet Court

8514 Micollet Court, Raleigh, NC 27613
Property in Cornerstone Park
Sold Aug 24, 2015
$160,000
$126,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2030
Sold Mar 29, 2005
$146,000
$116,643 by First Horizon Home Loan Corp
Mortgage Due Apr 01, 2035
8514 Micollet 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 2005 and is 19 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, 8514 Micollet Court has 1,293 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 260 sqft. The exterior walls of the building are made of alum/vinyl siding. 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. 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, 8514 Micollet Court was last sold in Aug 24, 2015 for $160,000. According to our calculations, that's $123.74 per sqft. Prior to that sales transaction, the property was sold for $146,000 in Mar 28, 2005. Current property owners are expected to pay $2,193 in taxes per year. The property on 8514 Micollet Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $214,644. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $174,644. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,293
  • Building Area: 1,293
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,293
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CORN PARK SUBDIVISION
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO75 CORNERSTONE PARK SB TR3&4 BM2004-00267

Ownership

  • Current Owner : LEE BRIAN S
  • Previous Owner : LARKIN JENNIFER L
  • Owner Before Previous Owner: 1ST AMERICAN BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053724

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0319203
  • District: 08
  • Subdivision Tract Number: 3&4
  • Parcel: 0777.02-68-9571 0319203
  • Lot: 75
  • Municipality: LEESVILLE
  • Latitude: 35.8888
  • Longitude: -78.7401

    Address

  • Full Address: 8514 Micollet Ct
  • Address - House Number: 8514
  • Address - Street Name: Micollet
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R068
  • 4-Digit Zip Code: 6963
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,193

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 355,513
  • High Value: 399,518
  • Low Value: 311,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2015
  • First Open Lien Mortgage Loan Amount: $126,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030

    Market Valuation

  • Market Total Value: $214,644
  • Market Land Value: $40,000
  • Market Improvement Value: $174,644

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,644
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $174,644

    Sales

  • Current Sale Contract Date: Aug 24, 2015
  • Current Sale Recording Date: Aug 24, 2015
  • Current Sale Transaction ID: 1306749748
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 29, 2005
  • Previous Sale Contract Date: Mar 28, 2005
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 24, 2015
  • First Mortgage Loan Amount: $126,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Mar 29, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $116,643
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Northwest Raleigh



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,300 /mo

  • 3 Beds
  • 1.5 Baths
Listing by DANUTA TYSZKA

Frequently Asked Questions

What neighborhood is 8514 Micollet Court located in?
The 8514 Micollet Court is a located in the neighborhood of Cornerstone Park in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 8514 Micollet Court?
The average sales price for units in 8514 Micollet Court is $0 currently.

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