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2516 Remington Road

2516 Remington Road, Raleigh, NC 27610
Property in King Charles
Sold Mar 03, 2014
$146,500
$110,500 by Prime Mortgage Lending Inc
Mortgage Due Oct 01, 2040
Sold Sep 18, 2013
$63,000
2516 Remington Road has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2516 Remington Road has 1,520 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 500 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water 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, 2516 Remington Road sold most recently in Feb 28, 2014 for a total of $146,500. If you work out the math, that's approximately a cost of $96.38 per sqft. Before that, the property was also sold for $63,000 in Sep 12, 2013. 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 $2,491 in taxes each year. 2516 Remington Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $244,037. If we break it down further, the land itself was valued at $115,000. Improvements to the property, however, were assessed at a total of $129,037. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 500
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROLLINGWOOD SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO643 ROLLINGWOOD SUB SE2 BL10 BM1960-00236

Ownership

  • Current Owner : ALI GINA MARIE
  • Previous Owner : SWAN INVESTMENTS INC
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051900

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0020932
  • District: 01
  • Section: 2
  • Parcel: 1714.16-84-6299 0020932
  • Lot: 643
  • Municipality: RALEIGH
  • Latitude: 35.7944
  • Longitude: -78.5998

    Address

  • Full Address: 2516 Remington Rd
  • Address - House Number: 2516
  • Address - Street Name: Remington
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 1131
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,491

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 82
  • Final Value: 406,186
  • High Value: 465,356
  • Low Value: 347,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,500
  • First Open Lien Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2020
  • First Open Lien Mortgage Loan Amount: $110,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $244,037
  • Market Land Value: $115,000
  • Market Improvement Value: $129,037

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $244,037
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $129,037

    Sales

  • Current Sale Contract Date: Feb 28, 2014
  • Current Sale Recording Date: Mar 03, 2014
  • Current Sale Transaction ID: 1128511391
  • Current Sale Price: $146,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 18, 2013
  • Previous Sale Contract Date: Sep 12, 2013
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RIVER COMMUNITY BANK NA
  • First Mortgage Transaction Date: Mar 03, 2014
  • First Mortgage Loan Amount: $117,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2044

About East Raleigh



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Frequently Asked Questions

What neighborhood is 2516 Remington Road located in?
The 2516 Remington Road is a located in the neighborhood of King Charles in East Raleigh, Raleigh.
What is the average sales price for listings in 2516 Remington Road?
The average sales price for units in 2516 Remington Road is $0 currently.

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