NOT LISTED FOR SALE

1950 Trailwood Heights Ln Unit 201 Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $208,000 - $319,000

2 Beds
2 Baths
893 Sq Ft
1999 Built

Last Sold March 12, 2024

Last sale price $225,000 $252 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,486/month

About This Home

As of May 2024

Beautiful 2BR/2BA 2nd Floor Condo in Trailwood Heights! The condo features an open living area & kitchen that is great for entertaining! Large primary bedroom with private bathroom! Private balcony with large storage closet! Pool Community! Convenient to NCSU, Downtown, Major Roadways, Shopping and more! *No pets*

Last Agent to Rent the Property

Spencer Southern

Lisa Southern Real Estate License #276712 Listed on: 03/19/2024

Last Renter's Agent

Spencer Southern

Compass -- Raleigh

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1999

Parking

  • Assigned Parking

Home Design

  • 893 Sq Ft Home

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer Hookup

Listing and Financial Details

  • Security Deposit $1,295
  • Property Available on 3/19/24
  • Tenant pays for electricity, hot water, sewer, water

Community Details

Overview

  • No Home Owners Association
  • Trailwood Heights Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,867

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Hot Water, Sewer, Water
  • Lease Term: Other
  • Available Date: 2024-03-19

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential Lease
  • Subdivision Name: Trailwood Heights
  • Above Grade Finished Sq Ft: 893.0
  • Appliances Refrigerators: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2024-03-19
  • Contract Information Security Deposit2: 1295.0
  • General Property Information Above Grade Finished Area: 893.0
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed No2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Pantry
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Range: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 11, 2024
Sold by
Opendoor Property Trust
Bought by
Fischer Elsner Katherine
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
May Mcmillan Bensen
Berkshire Hathaway HomeService
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
168
Current Estimated Value
$244,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,275
Avg. Annual Appreciation
5.79%
Original Mortgage
$225,000
Outstanding Balance
$221,729
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$22,546

Purchase Details

Closed on
Nov 22, 2023
Sold by
Sabin Susan and Lorith Richard Thomas
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Mar 12, 2015
Sold by
Edwards Teresa and Edwards Teresa M
Bought by
Lorith Richard Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,612
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2006
Sold by
Townsend Robin V and Townsend Marcia
Bought by
Kleitches Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Fischer Elsner Katherine $225,000 None Listed On Document
Opendoor Property Trust $212,500 None Listed On Document
Lorith Richard Thomas $75,000 None Available
Kleitches Teresa M $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Elsner Katherine $225,000
Previous Owner Lorith Richard Thomas $85,000
Previous Owner Lorith Richard Thomas $76,612
Previous Owner Kleitches Teresa M $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Rented $1,295 0.0% --
05/10/2024 05/10/24 Price Changed $1,295 -4.1% $1 / Sq Ft
04/16/2024 04/16/24 Price Changed $1,350 -3.6% $2 / Sq Ft
03/19/2024 03/19/24 For Rent $1,400 0.0% --
03/12/2024 03/12/24 Sold $225,000 0.0% $252 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $225,000 -0.4% $252 / Sq Ft
02/08/2024 02/08/24 Price Changed $226,000 -0.4% $253 / Sq Ft
01/25/2024 01/25/24 Price Changed $227,000 -1.3% $254 / Sq Ft
12/15/2023 12/15/23 For Sale $230,000 -- $258 / 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 $1,867 $212,687 $0 $212,687
2023 $1,292 $116,675 $0 $116,675
2022 $1,201 $116,675 $0 $116,675
2021 $1,155 $116,675 $0 $116,675
2020 $1,151 $116,675 $0 $116,675
2019 $948 $80,042 $0 $80,042
2018 $895 $80,042 $0 $80,042
2017 $853 $80,042 $0 $80,042
2016 $835 $80,042 $0 $80,042
2015 $976 $92,278 $0 $92,278
2014 $926 $92,278 $0 $92,278
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2024

    Spencer Southern

    Lisa Southern Real Estate

    (919) 800-0880

    1 Total Sale

    Spencer Southern
    Section Image

  • T

    Seller's Agent in 2024

    Thomas Shoupe

    Opendoor Brokerage LLC

    Thomas Shoupe
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Nicole Regal

    Opendoor Brokerage LLC

    Section Image

  • M

    Buyer's Agent in 2024

    May Mcmillan Bensen

    Berkshire Hathaway HomeService

    (919) 740-4530

    1 in this area

    62 Total Sales

    May Mcmillan Bensen
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10018012

Doorify MLS

APN: 0792.06-28-9229-005

North Carolina Wake County Raleigh 27603 South Raleigh

1950 Trailwood Heights Ln Unit 201, Raleigh, NC

This home is located at 1950 Trailwood Heights Ln Unit 201, Raleigh, NC 27603 since 19 March 2024 and is currently priced at $244,275. This property was built in 1999. 1950 Trailwood Heights Ln Unit 201 is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

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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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