NOT LISTED FOR SALE

Estimated Value: $265,000 - $292,438

2 Beds
2 Baths
991 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $225,000 $227 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,724/month

Highlights

  • Deck
  • Living Room
  • Central Air
  • Middle Creek Elementary School Rated A-
  • 1-Story Property
  • Dining Room

About This Home

As of June 2023

Well maintained ranch style home. 2 Beds / 2 Baths with new LVP flooring throughout whole house. Fresh paint, updated vanities, light fixtures, with washer/dryer included. Enjoy the large covered back deck, with a fully fenced in yard on almost half an acre. Easy access to 40/440 and a quick drive to downtown Raleigh. Some pets considered with a $300 move in fee and $25 monthly fee per pet. No Smoking/Vaping.

Last Agent to Rent the Property

Victor Vargas-Alvarado

BETTER HOMES PROPERTY MANAGEME License #286519 Listed on: 06/12/2023

Last Renter's Agent

Victor Vargas Alvarado

Trailwood Realty, LLC License #286519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1978

Lot Details

  • 0.47

Parking

  • Private Driveway

Interior Spaces

  • 991 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Middle Creek Elementary School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Cloverdale Subdivision
  • Park Phone (919) 376-7550

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 6/16/23
  • Tenant pays for water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Tenant Pays: Water, Other
  • Available Date: 2023-06-16

Listing Details

  • Year Built: 1978
  • Prop. Type: Residential Lease
  • Subdivision Name: Cloverdale
  • Above Grade Finished Sq Ft: 991.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Contract Information Availability Date: 2023-06-16
  • Contract Information Security Deposit2: 1595.0
  • General Property Information Above Grade Finished Area: 991.0
  • Contract Information ManagerOwner Phone: 919-376-7550
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Appliances Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

MLS Schools

  • Elementary School: Wake - Middle Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 4, 2021
Sold by
Bright Kenneth D and Bright Tracy Gallimore
Bought by
Alvarado Victor Hugo Vargas
Seller's Agent
Michelle Meyer
Coldwell Banker Advantage
Buyer's Agent
Victor Vargas-Alvarado
BETTER HOMES PROPERTY MANAGEME
List Price
$217,500
Sold Price
$225,000
Premium/Discount to List
$7,500
3.45%
Current Estimated Value
$281,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,110
Avg. Annual Appreciation
5.78%
Original Mortgage
$220,924
Outstanding Balance
$201,462
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$79,648

Purchase Details

Closed on
Jul 11, 1994
Bought by
Bright Kenneth D
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
Alvarado Victor Hugo Vargas $225,000 None Available
Bright Kenneth D $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Victor Hugo Vargas $220,924
Previous Owner Bright Kenneth Dean $78,750
Previous Owner Bright Kenneth D $74,600
Previous Owner Bright Kenneth $92,625
Previous Owner Bright Kenneth $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $1,620 -- --
12/15/2023 12/15/23 Off Market $225,000 -- --
12/11/2023 12/11/23 Off Market $1,620 -- --
06/17/2023 06/17/23 Rented $1,620 +1.6% --
06/12/2023 06/12/23 For Rent $1,595 0.0% --
10/05/2021 10/05/21 Sold $225,000 +3.4% $227 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $217,500 -- $219 / 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 $2,884 $276,162 $130,000 $146,162
2024 $2,874 $276,162 $130,000 $146,162
2023 $1,996 $153,880 $55,000 $98,880
2022 $1,823 $153,880 $55,000 $98,880
2021 $1,731 $153,880 $55,000 $98,880
2020 $1,708 $153,880 $55,000 $98,880
2019 $1,330 $102,314 $35,000 $67,314
2018 $1,234 $102,314 $35,000 $67,314
2017 $1,194 $102,314 $35,000 $67,314
2016 $1,179 $102,314 $35,000 $67,314
2015 $1,253 $108,913 $42,000 $66,913
2014 $1,194 $108,913 $42,000 $66,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2516017

Doorify MLS

APN: 1712.18-40-9365-000