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8617 Wheeling Drive

8617 Wheeling Drive, Raleigh, NC 27615
Property in Alyson Pond
Sold Jul 07, 2021
$487,000
$337,000 by Prosperity Home Mortgage Llc
Mortgage Due Aug 01, 2051
Sold May 31, 2007
$369,000
Local assessors in Raleigh, NC have categorized 8617 Wheeling Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 10,454 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8617 Wheeling Drive has a total of 2,903 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8617 Wheeling Drive sold most recently in Jul 6, 2021 for a total of $487,000. If you work out the math, that's approximately a cost of $167.76 per sqft. Before that, the property was also sold for $369,000 in May 23, 2007. 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 $4,261 in taxes each year. 8617 Wheeling Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $418,845. If we break it down further, the land itself was valued at $108,000. Improvements to the property, however, were assessed at a total of $310,845. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,903
  • Building Area: 2,903
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,903
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALYSON POND
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO131 BLDALYSON BM1992-1181

Ownership

  • Current Owner : JOHNSON MATTHEW D
  • Current Owner 2: JOHNSON ASHLEY M
  • Previous Owner : ELLIOT STUART G
  • Previous Owner 2: ELLIOT SHARON R
  • Owner Before Previous Owner: ROYAL LEPAGE RELOCATION SERVICES INTERNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0196179
  • District: 13
  • Parcel: 1728.17-00-2878 0196179
  • Lot: 131
  • Municipality: NEUSE
  • Latitude: 35.8949
  • Longitude: -78.5939

    Address

  • Full Address: 8617 Wheeling Dr
  • Address - House Number: 8617
  • Address - Street Name: Wheeling
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C008
  • 4-Digit Zip Code: 3987
  • Zip Code: 27615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,261

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 633,675
  • High Value: 716,219
  • Low Value: 551,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $337,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $418,845
  • Market Land Value: $108,000
  • Market Improvement Value: $310,845

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $418,845
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $310,845

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11844745110
  • Current Sale Price: $487,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 31, 2007
  • Previous Sale Contract Date: May 23, 2007
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $337,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 8617 Wheeling Drive located in?
The 8617 Wheeling Drive is a located in the neighborhood of Alyson Pond in North Raleigh, Raleigh.
What is the average sales price for listings in 8617 Wheeling Drive?
The average sales price for units in 8617 Wheeling Drive is $0 currently.

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