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8805 Commons Townes Drive

8805 Commons Townes Drive, Raleigh, NC 27616
Townhouse in Northeast Raleigh
Sold Apr 02, 2020
$200,000
$180,000 by Angel Oak Home Loans Llc
Mortgage Due May 01, 2050
Sold Sep 12, 2017
$171,000
$170,990 by Plaza Home Mortgage Inc
Mortgage Due Oct 01, 2047
Local assessors in Raleigh, NC have categorized 8805 Commons Townes Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 8805 Commons Townes Drive has a total of 1,408 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Mar 29, 2020 for $200,000. That's $142.05 per sqft. Prior to that sales transaction, the property was also sold in Sep 12, 2017 for $171,000. 8805 Commons Townes Drive was last assessed in 2022. The total value of the property was assessed at $199,443. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $164,443. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,039. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Parking Lot
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: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THORNTON CREEK
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO78 THORNTON CREEK BM2016-01620

Ownership

  • Current Owner : WALKER GORDON ALEXANDER
  • Previous Owner : RATCLIFF KEVIN
  • Owner Before Previous Owner: TERRAMOR HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054014

Zoning

  • Zoning: CX-3

Geography

  • Assessors Map Reference: BK 2016 PG 1620
  • Account Number: 0440734
  • District: 13
  • Parcel: 1738.13-12-7541 0440734
  • Lot: 78
  • Municipality: NEUSE
  • Latitude: 35.8992
  • Longitude: -78.5552

    Address

  • Full Address: 8805 Commons Townes Dr
  • Address - House Number: 8805
  • Address - Street Name: Commons Townes
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C045
  • 4-Digit Zip Code: 8083
  • Zip Code: 27616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,039

    Appraisal Valuation

  • Standard Deviation: 0.1293
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 332,752
  • High Value: 375,783
  • Low Value: 289,721

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 02, 2020
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $199,443
  • Market Land Value: $35,000
  • Market Improvement Value: $164,443

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,443
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $164,443

    Sales

  • Current Sale Contract Date: Mar 29, 2020
  • Current Sale Recording Date: Apr 02, 2020
  • Current Sale Transaction ID: 11761586579
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 12, 2017
  • Previous Sale Contract Date: Sep 12, 2017
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Mortgage Transaction Date: Apr 02, 2020
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 12, 2017
  • Previous Mortgage Loan Amount: $170,990
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 8805 Commons Townes Drive located in?
The 8805 Commons Townes Drive is a townhouse located in the neighborhood of Northeast Raleigh in Northeast Raleigh, Raleigh.
What is the average sales price for listings in 8805 Commons Townes Drive?
The average sales price for units in 8805 Commons Townes Drive is $0 currently.

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