NOT LISTED FOR SALE

1509 Lutz Ave Raleigh, NC 27607

Glenwood Neighborhood

Estimated Value: $1,033,000 - $1,380,143

3 Beds
3 Baths
3,092 Sq Ft
$395/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $980,000 $317 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,594/month

2 Days on Market

Highlights

  • 0.66 Acre Lot
  • Living Room with Fireplace
  • Wood Flooring
  • Lacy Elementary Rated A
  • Ranch Style House
  • Granite Countertops

About This Home

As of November 2021

Renovated ranch on a large lot tucked away on a dead end street. All the heavy lifting has been done. This beautiful home is just waiting for a shiny new owner to add their own special touches. Open floor plan, chef's kitchen, tons of storage, beautiful hardwoods, new interior paint and all situated on a private lot. Fantastic patio for outdoor dinners. Flexible basement space can become whatever you can imagine...wine cellar?...craft room?...bonus room for kids? So many options!

Last Agent to Sell the Property

Laurie Daniel

Berkshire Hathaway HomeService License #178714 Listed on: 10/14/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Meghan Lee

Imagination Homes LLC License #299566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,776

Year Built

  • Built in 1951

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 120x241x120x241
  • Landscaped
  • Property is zoned R-4

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • Insulated Windows
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Utility Room
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Heated Basement
  • Interior Basement Entry
  • Fireplace in Basement
  • Crawl Space

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Private Driveway

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Ralina Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,776

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Ralina
  • Above Grade Finished Sq Ft: 2304.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 120x241x120x241
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Attic Features Scuttle: Yes
  • Basement Heated3: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 2304.0
  • General Property Information Below Grade Finished Area: 788.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 28749.6
  • General Property Information Lot Size Acres: 0.66
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Living/Dining Room Combination, Pantry, Quartz Counters, Shower Only, Storage, Tile Counters, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space, Heated, Interior Entry
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Wall Oven, Warming Drawer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 788.0
  • Fireplace Features: Basement, Gas, Living Room, Masonry
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Masonry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Basement: Yes
  • Appliances:Warming Drawer: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.66
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: 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 - Martin

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 120x241x120x241
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6776.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 4, 2022
Sold by
Fraser Martinson Molly
Bought by
Martinson Molly Fraser and Shaw Matthew Thomas
Seller's Agent
Laurie Daniel
Berkshire Hathaway HomeService
Buyer's Agent
Meghan Lee
Imagination Homes LLC
List Price
$799,900
Sold Price
$980,000
Premium/Discount to List
$180,100
22.52%
Current Estimated Value
$1,235,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,027
Avg. Annual Appreciation
6.19%
Original Mortgage
$784,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 12, 2021
Sold by
Nance Philip N and Nance Louise
Bought by
Martinson Molly Fraser
Seller's Agent
Laurie Daniel
Berkshire Hathaway HomeService
Buyer's Agent
Meghan Lee
Imagination Homes LLC
List Price
$799,900
Sold Price
$980,000
Premium/Discount to List
$180,100
22.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2000
Sold by
White Raymond C and White Cleta B
Bought by
Nance Philip Nelson and Nance Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.63%
Source: Public Records

Range of Values:

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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
Martinson Molly Fraser -- Whitaker & Hamer Pllc
Martinson Molly Fraser $980,000 None Available
Nance Philip Nelson $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinson Molly Fraser $784,000
Previous Owner Nance Philip Nelson $92,000
Previous Owner Nance Philip N $100,000
Previous Owner Nance Philip N $72,250
Previous Owner Nance Philip Nelson $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $980,000 -- --
11/15/2021 11/15/21 Sold $980,000 +22.5% $317 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $799,900 -- $259 / 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 $9,981 $1,146,895 $792,000 $354,895
2023 $7,588 $694,344 $470,250 $224,094
2022 $7,050 $694,344 $470,250 $224,094
2021 $6,776 $694,344 $470,250 $224,094
2020 $6,652 $694,344 $470,250 $224,094
2019 $7,230 $622,114 $385,000 $237,114
2018 $6,817 $622,114 $385,000 $237,114
2017 $6,492 $622,114 $385,000 $237,114
2016 $6,358 $622,114 $385,000 $237,114
2015 $5,722 $550,675 $345,150 $205,525
2014 $5,427 $550,675 $345,150 $205,525
Source: Public Records

Agents Affiliated with this Home

  • Laurie Daniel

    Seller's Agent in 2021

    Laurie Daniel

    Berkshire Hathaway HomeService

    (919) 608-1808

    3 in this area

    57 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Meghan Lee

    Imagination Homes LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2413689

Doorify MLS

APN: 0794.06-49-8563-000

North Carolina Wake County Raleigh 27607 Glenwood

1509 Lutz Ave, Raleigh, NC

This home is located at 1509 Lutz Ave, Raleigh, NC 27607 since 14 October 2021 and is currently estimated at $1,221,036, approximately $394 per square foot. This property was built in 1951. 1509 Lutz Ave is a home located in Wake County with nearby schools including Lacy Elementary, Leroy Martin Magnet, and Broughton Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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