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8515 Bright Loop

8515 Bright Loop, Raleigh, NC 27613
8515 Bright Loop has been categorized by the local assessors in Raleigh, NC as a type of property. The building on the property was first built in 2003 and is 23 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 200 stories. In addition, 8515 Bright Loop has 1,386 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 .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a style roof. The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from 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, 8515 Bright Loop sold most recently in Aug 13, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $162.34 per sqft. Before that, the property was also sold for $163,000 in Oct 9, 2015. 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 $211,322 in taxes each year. 8515 Bright Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $206,737. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $161,737. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Parking

Assigned Parking

Facilities

Fitness Center

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20200803
08/03/2020
3 Bed
2 Bath
1307 ft²
$225,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1307 ft²
$225,000
09/17/2020
Deborah Niehaus
PRoFound Realty Group
20150816
08/16/2015
3 Bed
3 Bath
1416 ft²
$162,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1416 ft²
$163,000 +0.06%
10/09/2015
Lois Magee
Northside Realty Inc.


Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,386
  • Building Area: 1,386
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONG LAKE TERRACE LONG LAKE SUBDIVISION
  • Land Acres: 0000000030
  • Standard Land Use Code: 1002
  • County Land Use Code: 01
  • Legal Description 1: LO80 LONG LAKE TRACE BM2003-690

Neighborhood

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

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0309293
  • District: 08
  • Parcel: 0777.02-76-9745 0309293
  • Lot: 80
  • Municipality: LEESVILLE
  • Latitude: 35.884
  • Longitude: -78.7368

    Address

  • Full Address: 8515 Bright Loop
  • Address - House Number: 8515
  • Address - Street Name: Bright
  • Address - Suffix Type: Loop
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R068
  • 4-Digit Zip Code: 6939
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $211,322

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 226,631
  • High Value: 242,202
  • Low Value: 211,060

    Market Valuation

  • Market Total Value: $206,737
  • Market Land Value: $45,000
  • Market Improvement Value: $161,737

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $206,737
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $161,737

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Sep 17, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 09, 2015
  • Previous Sale Contract Date: Oct 09, 2015
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 8515 Bright Loop located in?
The 8515 Bright Loop is a townhouse located in the neighborhood of Cornerstone Terrace in Northwest Raleigh, Raleigh.
What is the average sales price for listings in 8515 Bright Loop?
The average sales price for units in 8515 Bright Loop is $193,950 , or $144/sqft. currently.