See Home Value
$444,441*
House - Off Market

8516 Babble Lane

Raleigh, NC 27615
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2784 Sqft
$355,000 - $433,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 21, 2020
$393,000
$365,500 by Towne Mortgage Of The Carolina
Mortgage Due Jun 01, 2060
Sold May 08, 1992
$169,000

About This Property

Huge updates: Newer roof, HVAC, Hot water heater and vinyl siding! Meticulously maintained! Too many great things to name. This gorgeous home located in the ever popular Alyson pond subdivision is close to everything including hwy 540, N. Hills, Wake forest, downtown, airport and more! This home boasts a sprawling transitional open floor plan, cul-de-sac lot, fenced in back yard, front and back staircase and walking distance to club house, pool, pond and tennis courts!

The manager has listed the unit size as 2784 square feet.
Unit Size
2,784Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 21, 2020 Sold to Michael Allen Barnes $393,000
Sold to Michael Allen Barnes
Apr 21, 2020 In contract -
In contract
Mar 12, 2020 Listed $394,900
Listed
Jan 3, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • 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
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,692
  • Building Area: 2,692
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,692
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALYSON POND SUB
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO79 ALYSON POND SUB PH1 BM1991-348

Ownership

  • Current Owner : BARNES MICHAEL ALLEN
  • Previous Owner : ALLEN BILLY RAY
  • Previous Owner 2: ALLEN JULIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054016

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0187043
  • District: 13
  • Subdivision Phase Number: 1
  • Parcel: 1718.20-90-6763 0187043
  • Lot: 79
  • Municipality: NEUSE
  • Latitude: 35.8945
  • Longitude: -78.596

    Address

  • Full Address: 8516 Babble Ln
  • Address - House Number: 8516
  • Address - Street Name: Babble
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C008
  • 4-Digit Zip Code: 3800
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,497

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 574,711
  • High Value: 649,546
  • Low Value: 499,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,500
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $365,500
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2060

    Market Valuation

  • Market Total Value: $343,447
  • Market Land Value: $80,000
  • Market Improvement Value: $263,447

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $343,447
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $263,447

    Sales

  • Current Sale Contract Date: May 13, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11767754203
  • Current Sale Price: $393,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 08, 1992
  • Previous Sale Contract Date: May 08, 1992
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $365,500
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2060



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
2.5 Baths
1,825 ft²
$227/ft²
$414,417 Feb 25, 2024
-
$536/mo
Townhouse
3 Beds
2.5 Baths
1,831 ft²
$232/ft²
$425,000 Feb 29, 2024
-
$551/mo
House
3 Beds
2 Baths
-
$433,000 Feb 14, 2024
-
$33,334/mo

About North Raleigh


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Frequently Asked Questions

When was property at 8516 Babble Lane built and last sold?
The property at 8516 Babble Lane was built in 1991 and last sold on May 13, 2020 for $393,000.
How much is this home worth?
The estimated value of the home located at 8516 Babble Lane is $414,597.
What are some comparable homes to 8516 Babble Lane?
There are currently no comparable homes to 8516 Babble Lane.

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