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5705 Timber Lane

5705 Timber Lane, Raleigh, NC 27606
Property in Enchanted Oaks
Sold Jun 27, 2016
$195,000
$300,000 by Coastal Federal Credit Union
Mortgage Due Jul 01, 2052
Sold Apr 04, 2006
$146,880
5705 Timber Lane in Raleigh, NC was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5705 Timber Lane has 1,664 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 40,075 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5705 Timber Lane was last sold in Jun 27, 2016 for $195,000. According to our calculations, that's $117.19 per sqft. Prior to that sales transaction, the property was sold for $146,880 in Mar 31, 2006. Current property owners are expected to pay $1,571 in taxes per year. The property on 5705 Timber Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $214,704. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $154,704. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,664
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ENCHANTED OAKS SUBDIVISION
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO14R ENCHANTED OAKS BM1988-703

Ownership

  • Current Owner : CROWE CHARLES FRED
  • Current Owner 2: CROWE HEATEHR NICHOLE
  • Previous Owner : MILLER CHARLES A
  • Previous Owner 2: MILLER EMILY
  • Owner Before Previous Owner: MURPHY TIMOTHY S
  • Owner Before Previous Owner 2: MURPHY HELAINE V
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053008

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0142504
  • District: 18
  • Parcel: 0781.04-71-7866 0142504
  • Lot: 14R
  • Municipality: SWIFT CREEK
  • Latitude: 35.7057
  • Longitude: -78.7045

    Address

  • Full Address: 5705 Timber Ln
  • Address - House Number: 5705
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R035
  • 4-Digit Zip Code: 9211
  • Zip Code: 27606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,571

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 375,784
  • High Value: 424,183
  • Low Value: 327,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 13, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $214,704
  • Market Land Value: $60,000
  • Market Improvement Value: $154,704

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,704
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $154,704

    Sales

  • Current Sale Contract Date: Jun 27, 2016
  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Transaction ID: 1795557040
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 04, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $146,880
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jun 27, 2016
  • First Mortgage Loan Amount: $197,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Enchanted Oaks



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Frequently Asked Questions

What neighborhood is 5705 Timber Lane located in?
The 5705 Timber Lane is a located in the neighborhood of Enchanted Oaks in Enchanted Oaks, Raleigh.
What is the average sales price for listings in 5705 Timber Lane?
The average sales price for units in 5705 Timber Lane is $0 currently.

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