1040 Mills St Raleigh, NC 27608
3
Beds
2
Baths
1,219
Sq Ft
7,405
Sq Ft Lot
Highlights
- Ranch Style House
- Wood Flooring
- No HOA
- Joyner Elementary School Rated A-
- 1 Fireplace
- Forced Air Heating and Cooling System
About This Home
As of June 2025Charming and move-in ready! Welcome to 1040 Mills Street, a beautifully updated three bedroom, two bath home in the heart of Raleigh. With fresh paint inside and out, this home offers a clean, refreshed feel throughout.
You'll love the updated kitchen, perfect for everyday living and entertaining. Enjoy the unbeatable location—just a short stroll to Raleigh Iron Works, local restaurants, and shopping. Whether you're looking for vibrant city living or a cozy retreat, this home offers the best of both worlds.
Don't miss this opportunity to own a gem in one of Raleigh's most convenient and rapidly growing areas!
Last Agent to Sell the Property
Hodge & Kittrell Sotheby's Int License #319960 Listed on: 05/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,975
Year Built
- Built in 1991
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Ranch Style House
- Brick Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 1,219 Sq Ft Home
- 1 Fireplace
- Family Room
- Dining Room
- Dishwasher
- Dryer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
Schools
- Joyner Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Forest Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 1715202446
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Jun 23, 2025
Sold by
Crook Jonathan L and Chang Kirsten
Bought by
Lane Alessca Helena
Seller's Agent
Brandon Blackman
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Amber Lynn
Allen Tate/Raleigh-Falls Neuse
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.32%
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$73,309
Purchase Details
Closed on
Jul 7, 2016
Sold by
Cochran Chad J and Cochran Lauren Marchman
Bought by
Crook Jonathan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.25%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 24, 2011
Sold by
Cochran Chad J and Cochran Lauren Marchman
Bought by
Cochran Chad J and Cochran Lauren Marchman
Purchase Details
Closed on
May 7, 2007
Sold by
Wheeler Kevin and Peele Tara A
Bought by
Cochran Chad J and Marchman Mary L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 25, 2002
Sold by
Nixon George D and Butler Traci
Bought by
Wheeler Kevin and Peele Tara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,716
Interest Rate
7.07%
Mortgage Type
FHA
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Warranty Deed | $266,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $201,000 | None Available | |
| Warranty Deed | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $265,000 | Construction | |
| Previous Owner | $177,600 | New Conventional | |
| Previous Owner | $50,250 | Unknown | |
| Previous Owner | $144,720 | Purchase Money Mortgage | |
| Previous Owner | $117,000 | Unknown | |
| Previous Owner | $159,066 | FHA | |
| Previous Owner | $156,716 | FHA | |
| Previous Owner | $79,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Sold | $500,000 | -2.0% | $410 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $510,000 | -- | $418 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,975 | $455,398 | $260,000 | $195,398 |
| 2023 | $3,470 | $316,553 | $175,000 | $141,553 |
| 2022 | $3,225 | $316,553 | $175,000 | $141,553 |
| 2021 | $3,100 | $316,553 | $175,000 | $141,553 |
| 2020 | $3,044 | $316,553 | $175,000 | $141,553 |
| 2019 | $2,778 | $237,979 | $120,000 | $117,979 |
| 2018 | $2,620 | $237,979 | $120,000 | $117,979 |
| 2017 | $2,496 | $237,979 | $120,000 | $117,979 |
| 2016 | $2,445 | $237,979 | $120,000 | $117,979 |
| 2015 | $2,215 | $211,983 | $102,960 | $109,023 |
| 2014 | -- | $211,983 | $102,960 | $109,023 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Brandon Blackman
Hodge & Kittrell Sotheby's Int
(252) 495-3778
45 Total Sales
-
Buyer's Agent in 2025
Amber Lynn
Allen Tate/Raleigh-Falls Neuse
(919) 624-0251
89 Total Sales
Map
Source: Doorify MLS
MLS Number: 10095252
APN: 1715.17-20-2446-000
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