NOT LISTED FOR SALE

1940 Fairfield Dr Raleigh, NC 27608

Estimated Value: $620,000 - $697,859

3 Beds
2 Baths
1,386 Sq Ft
$469/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $500,000 $361 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,931/month

2 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Wood Flooring
  • Underwood Magnet Elementary School Rated A
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of December 2021

Come enjoy this hard-to-find, well-renovated ITB ranch just a stone's throw from Five Points and walking distance to breweries, restaurants, the greenway and the exciting Raleigh Iron Works development at Dock 1053. In just the past few years, BOTH bathrooms have been renovated, breakfast and kitchen areas improved, and roof / HVAC / water heater all replaced. The outdoor living space features a large main deck, a smaller secondary deck, a surprisingly large (and fenced) backyard and storage shed.

Last Agent to Sell the Property

David Worters

Compass -- Raleigh License #272896 Listed on: 11/02/2021

Compass -- Raleigh

Co-Listed By

Emma Singer

Compass -- Raleigh License #326642

Last Buyer's Agent

Abbey Pope

Hodge & Kittrell Sotheby's Int License #298411

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x118x82x125
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped with Trees
  • Property is zoned R-10

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Sun or Florida Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Underwood Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Washer and Dryer
  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Fairfield Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,630

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Fairfield
  • Above Grade Finished Sq Ft: 1386.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 380.0
  • General Property Information Total Unfinished Area2: 380.0
  • General Property Information Lot Size Dimensions: 55x118x82x125
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1386.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Shower Only, Smooth Ceilings
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.19
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Gas Pack, Natural Gas
  • Cooling: Central Air, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • 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 - Oberlin

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 55x118x82x125
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3630.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Underwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 7, 2021
Sold by
Hall Mary Christina and Hall Charles Austin
Bought by
Makepeace Turner Lee
Seller's Agent
David Worters
Compass -- Raleigh
Buyer's Agent
Abbey Pope
Hodge & Kittrell Sotheby's Int
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$649,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,965
Avg. Annual Appreciation
7.23%
Original Mortgage
$230,000
Outstanding Balance
$213,775
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$434,430

Purchase Details

Closed on
Apr 25, 2017
Sold by
Leffler Claire T and Leffler Matthew Hammond
Bought by
Hall Mary Christina and Hall Charles Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2015
Sold by
Lefeler Claire T and Lefeler Matthew Hammond
Bought by
Leffler Claire T and Leffler Matthew Hammond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2013
Sold by
Ames Sheryl
Bought by
Tidwell Claire Elizabeth and Leffler Matthew Hammond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,150
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Benjamin Robert E and Benjamin Jennie S
Bought by
Ames Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1998
Sold by
Davis Christopher N
Bought by
Davis Jennie S and Benjamin Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.07%
Mortgage Type
Balloon
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
Makepeace Turner Lee $500,000 None Available
Hall Mary Christina $365,000 None Available
Leffler Claire T -- None Available
Tidwell Claire Elizabeth $257,000 None Available
Ames Sheryl $178,500 --
Davis Jennie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makepeace Turner Lee $230,000
Previous Owner Hall Mary Christina $292,000
Previous Owner Leffler Claire T $268,000
Previous Owner Tidwell Claire Elizabeth $244,150
Previous Owner Ames Sheryl $195,600
Previous Owner Ames Sheryl $204,500
Previous Owner Ames Sheryl $201,000
Previous Owner Ames Sheryl $10,000
Previous Owner Ames Sheryl $184,700
Previous Owner Ames Sheryl $142,800
Previous Owner Benjamin Jennie S $25,000
Previous Owner Davis Jennie S $110,500
Closed Ames Sheryl $35,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $500,000 -- --
12/10/2021 12/10/21 Sold $500,000 0.0% $361 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $500,000 -- $361 / 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 $4,684 $536,968 $375,000 $161,968
2023 $4,064 $371,016 $198,250 $172,766
2022 $3,777 $371,016 $198,250 $172,766
2021 $3,630 $371,016 $198,250 $172,766
2020 $3,564 $371,016 $198,250 $172,766
2019 $3,468 $297,484 $136,500 $160,984
2018 $3,270 $297,484 $136,500 $160,984
2017 $3,115 $268,340 $136,500 $131,840
2016 $2,754 $268,340 $136,500 $131,840
2015 $2,570 $246,243 $126,360 $119,883
2014 $2,438 $246,243 $126,360 $119,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2416993

Doorify MLS

APN: 1714.05-18-2606-000