$585,000
SOLD MAR 14, 2022
-- Bed
-- Bath
2,895 Sq Ft
0.35 Acres

Recently Sold

$202 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Landscaped with Trees
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

Excellent investment opportunity! Well maintained all brick townhome-style triplex in West Raleigh. Each 2BD/1.5BA unit has the same layout. Apts. A & C have luxury vinyl plank flooring in the LR and appliances have been upgraded to SS when replaced. Roof was replaced in 2016. Lease info: Apt A - $1,025/mo-MTM; Apt B - $925.00/mo; 6/30/22; Apt C - $1,185/mo; 01/21/23. Very conveniently located! 15 min. to downtown Raleigh, 10 min. to downtown Cary, and within minutes to I-440 & I-40.

Last Agent to Sell the Property

Diane Murdock

Raleigh Investment Real Estate License #211785 Listed on: 02/15/2022

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1984

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Crawl Space
  • Landscaped with Trees

Community Details

  • 3 Units
  • Wayneridge Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,478

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Wayneridge
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2478.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Wake - Dillard

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.95%

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

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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 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 Change Sq Ft Price
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
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 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 $5,127 $583,397 $180,000 $403,397
2023 $2,769 $248,520 $60,000 $188,520
2022 $2,576 $248,520 $60,000 $188,520
2021 $2,478 $248,520 $60,000 $188,520
2020 $2,434 $248,520 $60,000 $188,520
2019 $2,394 $201,432 $60,000 $141,432
2018 $2,261 $201,432 $60,000 $141,432
2017 $2,156 $201,432 $60,000 $141,432
2016 $2,112 $201,432 $60,000 $141,432
2015 $2,265 $212,930 $60,000 $152,930
2014 $2,151 $212,930 $60,000 $152,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2431301

Doorify MLS

APN: 0783.17-11-8525-000