NOT LISTED FOR SALE

Estimated Value: $283,000 - $414,000

3 Beds
2 Baths
1,224 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $295,000 $241 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,146/month

78 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of February 2023

Great investor opportunity in the heart of downtown Raleigh! HVAC one year old.

Last Agent to Sell the Property

Robin Hug

Mark Spain Real Estate License #308955 Listed on: 09/14/2022

Mark Spain Real Estate

Last Buyer's Agent

Daniel Ward

Ward Properties License #272705

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • Bungalow
  • Masonite

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Washington Heights Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Subdivision Name: Washington Heights
  • Above Grade Finished Sq Ft: 1224.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1224.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.2
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 204096.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Jan 5, 2023
Sold by
Forbes Donovon Joel
Bought by
Moralez Jennifer R
Seller's Agent
Robin Hug
Mark Spain Real Estate
Buyer's Agent
Daniel Ward
Ward Properties
List Price
$410,000
Sold Price
$295,000
Premium/Discount to List
-$115,000
-28.05%
Views
37
Current Estimated Value
$351,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,840
Avg. Annual Appreciation
6.90%
Original Mortgage
$236,000
Outstanding Balance
$229,792
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$118,270

Purchase Details

Closed on
Sep 28, 2021
Sold by
Forbes Joyce L and Estate 2021E 003341 Donovan Jo
Bought by
Forbes Donovon Joel

Purchase Details

Closed on
Oct 29, 1997
Sold by
Downtown Housing Improvement Corp
Bought by
Mayo Joseph and Forbes Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,635
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Moralez Jennifer R $295,000 --
Forbes Donovan Joel -- --
Forbes Donovon Joel -- None Available
Mayo Joseph $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbes Donovan Joel $236,000
Previous Owner Forbes Joyce L $15,973
Previous Owner Mayo Joseph $83,635
Closed Mayo Joseph $12,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $295,000 -- --
02/10/2023 02/10/23 Sold $295,000 -16.9% $241 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $355,000 +195.8% $290 / Sq Ft
11/01/2022 11/01/22 Price Changed $120,000 -66.2% $98 / Sq Ft
10/29/2022 10/29/22 Price Changed $355,000 -4.0% $290 / Sq Ft
10/20/2022 10/20/22 Price Changed $369,900 -5.1% $302 / Sq Ft
10/03/2022 10/03/22 Price Changed $389,900 -4.9% $319 / Sq Ft
09/13/2022 09/13/22 For Sale $410,000 -- $335 / 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 $2,441 $278,777 $125,000 $153,777
2023 $2,285 $207,781 $100,000 $107,781
2022 $2,124 $207,781 $100,000 $107,781
2021 $2,042 $207,781 $100,000 $107,781
2020 $2,005 $207,781 $100,000 $107,781
2019 $1,271 $107,928 $28,000 $79,928
2018 $1,199 $107,928 $28,000 $79,928
2017 $1,143 $107,928 $28,000 $79,928
2016 $1,120 $107,928 $28,000 $79,928
2015 $1,260 $119,763 $30,000 $89,763
2014 $1,196 $119,763 $30,000 $89,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2473916

Doorify MLS

APN: 1713.10-36-4212-000