NOT LISTED FOR SALE

Estimated Value: $462,000 - $521,000

4 Beds
2 Baths
1,926 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $535,000 $278 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,946/month

2 Days on Market

Highlights

  • Multiple cooling system units
  • Luxury Vinyl Tile Flooring
  • 1-minute walk to Fisher Street Park
  • Broughton Magnet High School Rated A-
  • Back and Front Yard Fenced

About This Home

As of March 2024

Location, Location, Location! This fully renovated duplex is an investor's dream! Located in the heart of downtown Raleigh, this is perfect for STR (short term rentals)/ Airbnb or long term rentals. Close to all that downtown Raleigh has to offer, plus near Wake Med Main hospital, great for MTR (midterm rentals) as well for traveling nurses...the possibilities are endless! Tastefully updated with brand new kitchens, new LVP flooring throughout, new roof, new fence and interior/exterior paint. Each unit has 2 bedrooms, 1 bath, eat in kitchen, spacious living room and individual washer/dryer hookups. Independently metered utilities as well. The neighborhood is friendly and there's even a nice park right next door! This home is also a great option for first time buyers or investors who wants to ''house hack'', live in one side and rent out the other side to help with expenses. No HOA to worry about and there are plenty of space for parking for both sides. Easy drive to food halls, highways, restaurants and bars, the location cannot be beat! Don't miss out on this gem!

Last Agent to Sell the Property

Wen Zheng

NorthGroup Real Estate, Inc. License #268809 Listed on: 02/23/2024

Last Buyer's Agent

Rachel Greenwood

Compass -- Raleigh License #316344

Compass -- Raleigh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1968

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard Fenced
  • Vinyl Fence
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Lead Paint Disclosure

Interior Spaces

  • 1,926 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Utilities

  • Multiple cooling system units
  • Central Air
  • Separate Meters
  • Electric Water Heater

Community Details

  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1713.06-49-0917.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,061

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Prop. Type: Residential
  • Subdivision Name: College Park
  • Above Grade Finished Sq Ft: 1926.0
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 1926.0
  • Fencing Back Yard: Yes
  • Fencing Wood2: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information Lot Size Acres: 0.11
  • Fencing Front Yard: Yes
  • Cooling Multi Units: Yes
  • Cooling Separate Meters: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Exhaust Fan: Yes

Exterior Features

  • Fencing: Back Yard, Front Yard, Wood
  • Acres: 0.11
  • Disclosures: Lead Based Paint
  • Common Walls: 1 Common Wall
  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Central Air, Multi Units, Separate Meters
  • Cooling Y N: Yes

Lot Info

  • Zoning: R-10
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713.06-49-0917.000

Tax Info

  • Tax Annual Amount: 2060.86
  • Tax Year: 2023
  • Tax Map Number: 258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 12, 2024
Sold by
Sun Brent Llc
Bought by
Cox Dorothy and Cox Ron
Seller's Agent
Wen Zheng
NorthGroup Real Estate, Inc.
Buyer's Agent
Rachel Greenwood
Compass -- Raleigh
List Price
$499,800
Sold Price
$535,000
Premium/Discount to List
$35,200
7.04%
Views
53
Current Estimated Value
$493,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,171
Avg. Annual Appreciation
-5.13%
Original Mortgage
$401,250
Outstanding Balance
$392,258
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$101,571

Purchase Details

Closed on
Mar 2, 2023
Sold by
Green State Home Buyers Llc
Bought by
Sun Brent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2023
Sold by
Currie Nathaniel and Currie Emma
Bought by
Green Street Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2003
Sold by
Adams Smelter Barbara
Bought by
Currie Nathaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
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
Cox Dorothy $535,000 Navigate Title
Sun Brent Llc $370,000 Bridgetrust Title
Sun Brent Llc $370,000 Bridgetrust Title
Green Street Home Buyers Llc $315,000 --
Green Street Home Buyers Llc $315,000 None Listed On Document
Currie Nathaniel $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Dorothy $401,250
Previous Owner Sun Brent Llc $329,500
Previous Owner Currie Nathaniel $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $535,000 +7.0% $278 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $499,800 -- $260 / 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 $3,932 $446,228 $225,000 $221,228
2024 $3,915 $446,228 $225,000 $221,228
2023 $2,062 $185,467 $115,000 $70,467
2022 $1,918 $185,467 $115,000 $70,467
2021 $1,845 $185,467 $115,000 $70,467
2020 $1,812 $185,467 $115,000 $70,467
2019 $1,242 $103,718 $25,000 $78,718
2018 $1,173 $103,718 $25,000 $78,718
2017 $1,119 $103,718 $25,000 $78,718
2016 $1,097 $103,718 $25,000 $78,718
2015 $1,093 $101,677 $22,000 $79,677
2014 $1,038 $101,677 $22,000 $79,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10013197

Doorify MLS

APN: 1713.06-49-0917-000