$648,500
SOLD AUG 1, 2025
6 Beds
6 Baths
2,899 Sq Ft
15,246 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • 0.35 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Contemporary Architecture

About This Home

As of August 2025

Brick, townhome-style triplex, with three identical 2-bed/1.5 bath floorplans. Unit A: vacant, Unit B: $1325 expires 6/30/26, Unit C: $1325 expires 3/31/26. Tenants pay all utilities. Units feature range, refrigerator, dishwasher, and washer/dryer connections and large rear decks. Roof replaced in 2016; exterior painted in 2022; units A & C were renovated in 2022. Great location in West Raleigh inside the Beltline; just 15 minutes from downtown Raleigh, and 10 minutes from downtown Cary, with easy access to I‑440 and I‑40.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 07/09/2025

Last Buyer's Agent

Matt Perry

Keller Williams Elite Realty License #234841

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 1984

Lot Details

  • 0.35 Acre Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 2,899 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • 3 Units
  • Wayneridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0783118525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,127

Year Built

Built in 1984

Lot Details

0.35 Acres

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Wayneridge
  • Above Grade Finished Sq Ft: 2899.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Brick, townhome-style triplex, with three identical 2-bed/1.5 bath floorplans. Unit A: vacant, Unit B: $1325 expires 6/30/26, Unit C: $1325 expires 3/31/26. Tenants pay all utilities. Units feature range, refrigerator, dishwasher, and washer/dryer connections and large rear decks. Roof replaced in 2016; exterior painted in 2022; units A & C were renovated in 2022. Great location in West Raleigh inside the Beltline; just 15 minutes from downtown Raleigh, and 10 minutes from downtown Cary, with easy access to I‑440 and I‑40.
  • Architectural Style Contemporary: Yes
  • Foundation Details BrickMortar: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Other
  • General Property Information Above Grade Finished Area: 2899.0
  • General Property Information Number Of Units Total3: 3.0
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2899.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.35
  • Construction Type: Brick, Masonite
  • Foundation Details: Brick/Mortar
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0783118525

Rental Info

  • Lease Term: Other
  • Owner Pays: See Remarks

Tax Info

  • Tax Annual Amount: 5126.8
  • Tax Year: 2025
  • Tax Map Number: 21

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 28, 2025
Sold by
Magnolia Properties Investments Llc
Bought by
D-1 Managed Services Llc
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Matt Perry
Keller Williams Elite Realty
List Price
$625,000
Sold Price
$648,500
Premium/Discount to List
$23,500
3.76%
Views
43
Current Estimated Value
$630,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,545
Avg. Annual Appreciation
-5.71%

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 10, 2022
Sold by
Sovrano Sole 401K Trust
Bought by
Magnolia Properties Investment
Seller's Agent
Diane Murdock
Raleigh Investment Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$497,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2008
Sold by
Coley Randy P and Coley Kimberli M
Bought by
Its Thundertime Llc

Purchase Details

Closed on
Jan 31, 2007
Sold by
Schenck Kenneth W
Bought by
Coley Randy and Coley Kimberli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $648,500 None Listed On Document
Warranty Deed $585,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $197,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $497,250 New Conventional
Previous Owner $167,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $648,500 +3.8% $224 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $625,000 +6.8% $216 / Sq Ft
12/14/2023 12/14/23 Off Market $585,000 -- --
03/14/2022 03/14/22 Sold $585,000 +1.7% $202 / Sq Ft View Prior Sale
02/15/2022 02/15/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $575,000 -- $199 / Sq Ft
Source: Doorify MLS

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 -- $583,397 $180,000 $403,397
2024 $5,127 $583,397 $180,000 $403,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10108093

Doorify MLS

APN: 0783.17-11-8525-000

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