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727 Runnymede Road

727 Runnymede Road, Raleigh, NC 27607
Property in Budleigh North
Sold Oct 14, 2015
$482,500
$352,700 by Quicken Loans Llc
Mortgage Due Mar 01, 2041
Sold Dec 21, 1998
Transfer
727 Runnymede 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1970. Residents will have access to 2 full bathrooms. 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, 727 Runnymede Road has 2,199 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 32,670 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a hip style roof. The exterior walls of the building are made of brick. 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, 727 Runnymede Road sold most recently in Oct 14, 2015 for a total of $482,500. If you work out the math, that's approximately a cost of $219.42 per sqft. 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 $6,254 in taxes each year. 727 Runnymede Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $571,941. If we break it down further, the land itself was valued at $531,250. Improvements to the property, however, were assessed at a total of $40,691. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1955
  • Effective Year Built: 1970
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,199
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BUDLEIGH FOREST REVISION
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO54 BUDLEIGH FOREST REV 1

Ownership

  • Current Owner : OLMSTED MCKENZIE
  • Current Owner 2: OLMSTED LAURA
  • Previous Owner : OWENS BARBARA C
  • Previous Owner 2: ELKS CHARLES B
  • Owner Before Previous Owner: OWENS BARBARA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051501

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0052405
  • District: 01
  • Parcel: 0795.19-72-2288 0052405
  • Lot: 54
  • Municipality: RALEIGH
  • Latitude: 35.8167
  • Longitude: -78.672

    Address

  • Full Address: 727 Runnymede Rd
  • Address - House Number: 727
  • Address - Street Name: Runnymede
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 3103
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,254

    Appraisal Valuation

  • Standard Deviation: 0.1289
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 85
  • Final Value: 912,245
  • High Value: 1,029,923
  • Low Value: 794,567

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $568,900
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $352,700
  • 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: Mar 01, 2041
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jul 19, 2021
  • Second Open Lien Mortgage Loan Amount: $216,200
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 19, 2051

    Market Valuation

  • Market Total Value: $571,941
  • Market Land Value: $531,250
  • Market Improvement Value: $40,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,941
  • Assessed Land Value: $531,250
  • Assessed Improvements Value: $40,691

    Sales

  • Current Sale Contract Date: Oct 14, 2015
  • Current Sale Recording Date: Oct 14, 2015
  • Current Sale Transaction ID: 1374038301
  • Current Sale Price: $482,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 21, 1998
  • Previous Sale Contract Date: Dec 18, 1998
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Oct 14, 2015
  • First Mortgage Loan Amount: $386,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2045

About North Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 727 Runnymede Road located in?
The 727 Runnymede Road is a located in the neighborhood of Budleigh North in North Hills, Raleigh.
What is the average sales price for listings in 727 Runnymede Road?
The average sales price for units in 727 Runnymede Road is $0 currently.

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