NOT LISTED FOR SALE

1506 E Lenoir St Raleigh, NC 27610

Estimated Value: $350,000 - $421,000

3 Beds
2 Baths
1,204 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $315,000 $262 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,319/month

5 Days on Market

Highlights

  • A-Frame Home
  • Covered patio or porch
  • Bathtub with Shower
  • No HOA
  • Fenced Yard
  • Living Room

About This Home

As of November 2021

Location, location, location! Walk to downtown Raleigh from your new home. This well-appointed ranch features a large living space with lots of natural light opening up to a separate dining room, and spacious kitchen. The owner's suite features a private bathroom with a tub/shower combination. Two additional bedrooms and bath complete this lovely home. Roof - 2019, HVAC - 2020, Water heater - 2015. Also, features a fenced lot for private entertaining.

Last Agent to Sell the Property

Sheryl Merritt

New Legacy Realty License #213089 Listed on: 10/04/2021

Co-Listed By

Darryl Bobbitt

New Legacy Realty License #316905

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #275359

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 75.65 x 94.12 x 74.43 x 94.22
  • Fenced Yard
  • Open Lot

Parking

  • Private Driveway

Home Design

  • A-Frame Home
  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry closet
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Covered patio or porch

Schools

  • Se Raleigh Elementary School
  • Centennial Campus Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Joe Louis Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,071

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 2703
  • Co List Office Phone: 866-215-8097
  • Subdivision Name: Joe Louis Park
  • Above Grade Finished Sq Ft: 1204.0
  • Architectural Style: A-Frame, Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 75.65 x 94.12 x 74.43 x 94.22
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 1204.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.16
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Lot Dimensions: 75.65 x 94.12 x 74.43 x 94.22
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2071.0

MLS Schools

  • Elementary School: Wake - SE Raleigh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2022
Sold by
Arvm 5 Llc
Bought by
Vm Master Issuer Llc
Total Days on Market
5
Current Estimated Value
$370,757

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 5, 2021
Sold by
Adair Tasha L
Bought by
Arvm 5 Llc
Seller's Agent
Sheryl Merritt
New Legacy Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Downtown Housing Improvement Corp
Bought by
Adair Tasha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,900
Interest Rate
6.86%
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
Vm Master Issuer Llc -- Bchh Title
Arvm 5 Llc $315,000 None Available
Adair Tasha L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adair Tasha $147,537
Previous Owner Adair Tasha L $82,450
Previous Owner Adair Tasha L $73,900
Closed Adair Tasha L $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $315,000 -- --
11/10/2021 11/10/21 Sold $315,000 -3.1% $262 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $325,000 -- $270 / 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 $2,937 $335,868 $125,000 $210,868
2023 $2,318 $210,836 $100,000 $110,836
2022 $2,155 $210,836 $100,000 $110,836
2021 $2,071 $210,836 $100,000 $110,836
2020 $2,034 $210,836 $100,000 $110,836
2019 $1,297 $110,183 $28,000 $82,183
2018 $1,224 $110,183 $28,000 $82,183
2017 $1,166 $110,183 $28,000 $82,183
2016 $1,143 $110,183 $28,000 $82,183
2015 $1,266 $120,298 $28,000 $92,298
2014 -- $120,298 $28,000 $92,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2411432

Doorify MLS

APN: 1713.10-36-6063-000