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905 West Morgan Street

905 West Morgan Street, Raleigh, NC 27603
Property in University
Local assessors in Raleigh, NC have categorized 905 West Morgan Street as a commercial type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 905 West Morgan Street has a total of 3,063 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,370 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 905 West Morgan Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a hip style roof. 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 and it is being fueled with gas. 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, 905 West Morgan Street was last sold in Mar 10, 2021 for $1,025,000. According to our calculations, that's $334.64 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Aug 1, 2007. Current property owners are expected to pay $8,807 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 905 West Morgan Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $757,561. To break that down further, the land itself was valued at $549,027. While improvements to the property were assessed at a total of $208,534. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 2
  • Business/Commerical Units Count: 8
  • Basement Type: Full basement
  • Basement Area: 1,370
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,063
  • Building Area: 3,063
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,063
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: BOYLAN LAND SUBDIVISION
  • Land Acres: 0.18
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: LO33 SUB OF BOYLAN LD

Ownership

  • Current Owner : WEST MORGAN MEDICINE LLC
  • Previous Owner : LAMM KENNETH SHANNON
  • Previous Owner 2: GOULTER REBECCA
  • Owner Before Previous Owner: PINTO GEORGE JEFFREY
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: HMD
  • Census Tract: 051000

Zoning

  • Zoning: CX-5

Geography

  • Account Number: 0007250
  • District: 01
  • Parcel: 1703.05-29-0418 0007250
  • Lot: 33
  • Municipality: RALEIGH
  • Latitude: 35.7813
  • Longitude: -78.656

    Address

  • Full Address: 905 W Morgan St
  • Address - House Number: 905
  • Street Direction: W
  • Address - Street Name: Morgan
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C034
  • 4-Digit Zip Code: 1558
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,807
  • Intital Tax Deliquent Year: 2020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: DOGWOOD STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $757,561
  • Market Land Value: $549,027
  • Market Improvement Value: $208,534

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $757,561
  • Assessed Land Value: $549,027
  • Assessed Improvements Value: $208,534

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Transaction ID: 11840455340
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 01, 2007
  • Previous Sale Contract Date: Aug 01, 2007
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Apr 07, 2021
  • First Mortgage Loan Amount: $768,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE JEFFREY PINTO
  • Previous Mortgage Transaction Date: Aug 01, 2007
  • Previous Mortgage Loan Amount: $321,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About University



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Frequently Asked Questions

What neighborhood is 905 West Morgan Street located in?
The 905 West Morgan Street is a located in the neighborhood of University in University, Raleigh.
What is the average sales price for listings in 905 West Morgan Street?
The average sales price for units in 905 West Morgan Street is $0 currently.

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