NOT LISTED FOR SALE

Estimated Value: $650,000 - $732,000

-- Bed
3 Baths
3,132 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $590,000 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,011/month

6 Days on Market

Highlights

  • Fireplace
  • Luxury Vinyl Tile Flooring
  • Heat Pump System
  • Penny Road Elementary School Rated A-
  • Central Air

About This Home

As of December 2021

Cash flow quads in the heart of Raleigh, 2 units are fully renovated. One new HVAC. All ranch style one level living area. Each unit has 2 bedroom 2 bathroom. NO HOA. Unit A tenant will move in. B, C, D are all occupied. Long term tenant.

Last Agent to Sell the Property

Iris Lee

Sunshine Properties LLC License #293591 Listed on: 11/13/2021

Last Buyer's Agent

Carolyn Graven

Keller Williams Elite Realty License #319609

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1983

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Fireplace

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Schools

  • Penny Elementary School
  • Apex Middle School
  • Apex Friendship High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • 4 Units
  • Peach Creek Subdivision

Building Details

  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,270

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential Income
  • Subdivision Name: Peach Creek
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl, Vinyl

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Information:Parking Total: 1.0

Utilities

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

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Apex

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3270.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3700.0

MLS Schools

  • Elementary School: Wake - Penny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Perry William Scott and Perry Bernadette S
Bought by
Perry 2018 Revocable Trust and Perry
Current Estimated Value
$680,571

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 8, 2022
Sold by
Fayeton Llc
Bought by
Jaupaj Ervis
Seller's Agent
Iris Lee
Sunshine Properties LLC
Buyer's Agent
Carolyn Graven
Keller Williams Elite Realty
List Price
$619,900
Sold Price
$590,000
Premium/Discount to List
-$29,900
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$426,150
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 16, 2021
Sold by
Fayeton Llc
Bought by
Perry William Scott and Perry Bemadette S
Seller's Agent
Iris Lee
Sunshine Properties LLC
Buyer's Agent
Carolyn Graven
Keller Williams Elite Realty
List Price
$619,900
Sold Price
$590,000
Premium/Discount to List
-$29,900
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,150
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2021
Sold by
Best Investment Realty Assets 1 Llc
Bought by
Fayeton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2004
Sold by
Jackson Stephen B and Jackson Elizabeth
Bought by
Sheppard Katherine M and Sheppard Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,875
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Kintz Robert W and Kintz Anna M
Bought by
Jackson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
7.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Perry 2018 Revocable Trust -- None Listed On Document
Jaupaj Ervis $440,000 None Listed On Document
Perry William Scott $590,000 Jackson Law Pc
Fayeton Llc $1,380,000 None Listed On Document
Sheppard Katherine M $222,500 Fidelity National Title
Jackson Elizabeth $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry William Scott $426,150
Previous Owner Fayeton Llc $280,000
Previous Owner Sheppard Katherine M $166,875
Previous Owner Jackson Elizabeth $197,100
Closed Jackson Elizabeth $24,900
Closed Sheppard Katherine M $22,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $590,000 -4.8% $188 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $619,900 -- $198 / 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 $4,836 $545,346 $175,000 $370,346
2024 $4,816 $545,346 $175,000 $370,346
2023 $4,362 $392,848 $85,000 $307,848
2022 $4,058 $392,848 $85,000 $307,848
2021 $3,266 $327,395 $85,000 $242,395
2020 $3,207 $327,395 $85,000 $242,395
2019 $2,499 $208,695 $70,000 $138,695
2018 $2,360 $208,695 $70,000 $138,695
2017 $2,251 $208,695 $70,000 $138,695
2016 $2,206 $208,695 $70,000 $138,695
2015 $2,435 $227,429 $76,000 $151,429
2014 $2,313 $227,429 $76,000 $151,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2418984

Doorify MLS

APN: 0792.11-66-6588-000