NOT LISTED FOR SALE

Estimated Value: $247,000 - $337,464

3 Beds
1 Bath
960 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $260,000 $271 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,808/month

32 Days on Market

Highlights

  • Transitional Architecture
  • No HOA
  • 1-Story Property
  • Joyner Elementary School Rated A-
  • Window Unit Cooling System
  • 2-minute walk to Neighbor to Neighbor Skate Park

About This Home

As of November 2023

Located on the edge of Downtown Raleigh in red-hot South Park, this property needs some work but is a great investment in an area that is full of new construction and is close to parks, walking and biking trails, and downtown. It is part of the “southern gateway” into Raleigh and near the proposed major Downtown South project. It’s located in an opportunity zone, so is a great property for investors. Interior showings only on Saturdays from 12:00-2:00 pm.

Last Agent to Sell the Property

Richard Callahan

Raleigh Homes Realty License #226877 Listed on: 09/23/2023

Last Buyer's Agent

Onochie Okafor

NGR Property Associates License #190662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1981

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Joyner Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Utilities

  • Window Unit Cooling System
  • No Heating

Community Details

  • No Home Owners Association
  • South Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential
  • Subdivision Name: South Park
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x150x50x150
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 960.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.17
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Lot Dimensions: 50x150x50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1888.0

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Nov 16, 2023
Sold by
Lme Holdings Llc
Bought by
Obi Anthony Emeka
Seller's Agent
Richard Callahan
Raleigh Homes Realty
Buyer's Agent
Onochie Okafor
NGR Property Associates
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%
Total Days on Market
32
Views
70
Current Estimated Value
$283,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,866
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Jun 12, 2009
Sold by
Hefetz Yosef and Houck Lynne M
Bought by
Yl Properties Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hefetz Yosef and Houck Lynne

Purchase Details

Closed on
Aug 31, 2007
Sold by
Newman Tommy L and Newman Deborah G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 8, 1999
Sold by
American Housing Council Inc
Bought by
Newman Tommy L and Newman Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.79%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 22, 1999
Sold by
Lambert David Scott and Gordon Philip S
Bought by
American Housing Council Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.79%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Obi Anthony Emeka $260,000 None Listed On Document
Yl Properties Llc -- None Available
Hefetz Yosef -- None Available
Federal Home Loan Mortgage Corporation $53,010 None Available
Newman Tommy L $60,000 --
American Housing Council Inc $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Tommy L $70,800
Previous Owner Newman Tommy L $71,800
Previous Owner Newman Tommy L $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $260,000 -- --
11/16/2023 11/16/23 Sold $260,000 -5.5% $271 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $275,000 -4.2% $286 / Sq Ft
10/08/2023 10/08/23 Price Changed $287,000 -1.7% $299 / Sq Ft
10/06/2023 10/06/23 Price Changed $292,000 -1.7% $304 / Sq Ft
09/28/2023 09/28/23 Price Changed $297,000 -8.6% $309 / Sq Ft
09/23/2023 09/23/23 For Sale $325,000 -- $339 / 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
2024 $2,581 $294,857 $270,000 $24,857
2023 $1,889 $171,442 $157,500 $13,942
2022 $1,756 $171,442 $157,500 $13,942
2021 $1,688 $171,442 $157,500 $13,942
2020 $1,658 $171,442 $157,500 $13,942
2019 $887 $74,796 $45,000 $29,796
2018 $837 $74,796 $45,000 $29,796
2017 $798 $74,796 $45,000 $29,796
2016 $782 $74,796 $45,000 $29,796
2015 $563 $52,432 $24,000 $28,432
2014 $535 $52,432 $24,000 $28,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2533866

Doorify MLS

APN: 1703.16-74-7131-000