NOT LISTED FOR SALE

Estimated Value: $615,000 - $788,237

-- Bed
-- Bath
2,154 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $600,000 $279 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,306/month

57 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Heating Available
  • Conn Elementary Rated A-

About This Home

As of August 2023

This Queen Anne frame home in Historic Oakwood (c. 1912) is bursting with possibilities! Whether you choose to keep it as a duplex or restore it back to a single-family residence, it has all the basics for a fine restoration including high ceilings, heart pine floors, multiple decorative fireplaces, wainscot, and a slate roof. Surrounded by lovely, restored homes, it offers rare off-street parking and all the perks of living in Downtown Raleigh. **ALL SHOWINGS REQUIRE 24HR NOTICE**

Last Agent to Sell the Property

Nikita Zhitov

CityPlat License #251529 Listed on: 04/15/2023

Last Buyer's Agent

Jamie Dawson

ERA Live Moore License #211449

ERA Live Moore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1912

Home Design

  • Brick Foundation

Flooring

  • Wood Flooring

Schools

  • Conn Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • 2 Units
  • Historic Oakwood Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,802

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Prop. Type: Residential Income
  • Subdivision Name: Historic Oakwood
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Wood: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood

Exterior Features

  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Rental Info

  • Owner Pays: Electricity, Gas, Water, None, Other

Tax Info

  • Tax Annual Amount: 3802.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Struble Raleigh Rentals Llc
Bought by
Ussurian Llc
Current Estimated Value
$710,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$342,145
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$368,414

Purchase Details

Closed on
Jan 30, 2002
Sold by
Struble Vincent I
Bought by
Struble Raleigh Rentals Llc

Purchase Details

Closed on
Dec 1, 1981
Bought by
Struble Raleigh Rentals Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ussurian Llc $976,000 City Of Oaks Law
Struble Raleigh Rentals Llc -- --
Struble Raleigh Rentals Llc $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ussurian Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $600,000 -- --
08/04/2023 08/04/23 Sold $600,000 -4.0% $279 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $625,000 -3.8% $290 / Sq Ft
04/14/2023 04/14/23 For Sale $650,000 -- $302 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $6,596 $754,028 $541,500 $212,528
2024 $5,744 $656,712 $541,500 $115,212
2023 $4,063 $369,115 $300,000 $69,115
2022 $3,777 $369,115 $300,000 $69,115
2021 $3,631 $369,115 $300,000 $69,115
2020 $3,566 $369,115 $300,000 $69,115
2019 $3,197 $272,407 $210,000 $62,407
2018 $3,016 $272,407 $210,000 $62,407
2017 $2,874 $272,407 $210,000 $62,407
2016 $2,815 $272,407 $210,000 $62,407
2015 $2,547 $242,098 $157,500 $84,598
2014 $2,417 $242,098 $157,500 $84,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505125

Doorify MLS

APN: 1703.28-99-0519-000