NOT LISTED FOR SALE

1509 Pender St Raleigh, NC 27610

College Park Neighborhood

Estimated Value: $439,000 - $536,000

3 Beds
2.5 Baths
1,540 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $252,000 $164 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,083/month

11 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Bathtub
  • Broughton Magnet High School Rated A-
  • No HOA
  • 1-minute walk to Pender Street Park

About This Home

As of October 2021

This property is made available to homeowners as a part of its ongoing program to provide low cost housing to eligible homebuyers by the City of Raleigh. Recapture agreement to be signed at closing. The buyers will be restricted to families with incomes limited to 80% of the median income for Wake County.

Last Agent to Sell the Property

Jim Brown

Brown Realty Company LLC License #57045 Listed on: 08/30/2021

Last Buyer's Agent

Samantha Alcorn

The NC Real Estate Firm, LLC License #285073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40 x 80
  • Landscaped

Parking

  • Private Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole
  • Electric Range

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Schools

  • Leesville Road Elementary And Middle School
  • Leesville Road High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by Evergreen Construction
  • Monroe

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Builder Name: Evergreen Construction
  • Builder Model: Monroe
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1540.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 40 x 80
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-08-01
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Attic Features Scuttle: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 1540.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Builder Name: Evergreen Construction
  • General Property Information Builder Model: Monroe
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub Only
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Acres: 0.07
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Leesville Road
  • Middle Or Junior School: Wake - Leesville Road

Lot Info

  • Lot Dimensions: 40 x 80
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1063.0

MLS Schools

  • Elementary School: Wake - Leesville Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 5, 2021
Sold by
Evergreen Construction Co
Bought by
Burnhams Eliot J
Seller's Agent
Jim Brown
Brown Realty Company LLC
Buyer's Agent
Samantha Alcorn
The NC Real Estate Firm, LLC
List Price
$252,000
Sold Price
$252,000
Current Estimated Value
$507,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,872
Avg. Annual Appreciation
19.52%
Original Mortgage
$208,272
Outstanding Balance
$189,925
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$317,947

Purchase Details

Closed on
Nov 30, 2020
Sold by
City Of Raleigh
Bought by
Evergreen Construction Co

Purchase Details

Closed on
Jul 16, 1985
Bought by
Raleigh City Of
Source: Public Records

Range of Values:

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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
Burnhams Eliot J $252,000 None Available
Evergreen Construction Co -- None Available
Raleigh City Of $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnhams Eliot J $208,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $252,000 -- --
10/28/2021 10/28/21 Sold $252,000 0.0% $164 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $252,000 -- $164 / 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
2025 $4,677 $533,972 $213,750 $320,222
2024 $4,658 $533,972 $213,750 $320,222
2023 $3,965 $361,882 $109,250 $252,632
2022 $3,684 $361,882 $109,250 $252,632
2021 $1,063 $109,250 $109,250 $0
2020 $0 $109,250 $109,250 $0
2019 $0 $18,750 $18,750 $0
2018 $0 $18,750 $18,750 $0
2017 $0 $18,750 $18,750 $0
2016 $0 $18,750 $18,750 $0
2015 -- $19,800 $19,800 $0
2014 -- $19,800 $19,800 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Brown

    Brown Realty Company LLC

    Section Image

  • S

    Buyer's Agent in 2021

    Samantha Alcorn

    The NC Real Estate Firm, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2404704

Doorify MLS

APN: 1713.06-39-8987-000

North Carolina Wake County Raleigh 27610 College Park

1509 Pender St, Raleigh, NC

This home is located at 1509 Pender St, Raleigh, NC 27610 since 30 August 2021 and is currently estimated at $507,872, approximately $329 per square foot. This property was built in 2021. 1509 Pender St is a home located in Wake County with nearby schools including Broughton Magnet High School.

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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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