NOT LISTED FOR SALE

1955 Gorman St Raleigh, NC 27606

Estimated Value: $477,000 - $639,000

4 Beds
4 Baths
1,815 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $481,000 $265 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,460/month

8 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • High Ceiling
  • A. B. Combs Magnet Elementary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2022

Great investment property in incredible location near NCSU & downtown Raleigh. Two bedrooms on the first floor, and two bedrooms on the second floor each having its own en suite bath. Laminate flooring throughout. Kitchen has extended maple cabinets and granite countertops as well as a pantry. Large tiled laundry room has a sink and folding table. Huge walk-in storage on second floor. Property is currently leased until 5/21/2023. $750 credit for using seller's preferred lender.

Last Agent to Sell the Property

Jennifer Wheeler

R6 REALTY LLC License #238586 Listed on: 05/17/2022

Last Buyer's Agent

Ramaiah Kotra

SRK Realty LLC License #266592

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 2012

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R-10

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Wood Siding
  • Masonite

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • High Ceiling

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Parking Pad
  • Private Driveway

Outdoor Features

  • Deck

Schools

  • Combs Elementary School
  • Centennial Campus Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hunter Crossing Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Subdivision Name: Hunter Crossing
  • Above Grade Finished Sq Ft: 1815.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0.25
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1815.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Acres: 0.25
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: High Ceilings
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Interior Features:High Ceilings: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.25
  • Construction Type: Masonite, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 0.25
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2830.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 7, 2022
Sold by
Dan C Austin & Associates Inc
Bought by
Shamim Shamsuddin Mohammed and Begum Habeebunnisa
Seller's Agent
Jennifer Wheeler
R6 REALTY LLC
Buyer's Agent
Ramaiah Kotra
SRK Realty LLC
List Price
$475,000
Sold Price
$481,000
Premium/Discount to List
$6,000
1.26%
Current Estimated Value
$559,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,972
Avg. Annual Appreciation
5.27%
Original Mortgage
$250,000
Outstanding Balance
$214,253
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$345,719

Purchase Details

Closed on
Feb 17, 2012
Sold by
Austin Dan C and Austin Joanne L
Bought by
Dan C Austin & Associates Inc
Source: Public Records

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Range of Values:

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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
Shamim Shamsuddin Mohammed $481,000 Liu Law Firm Pllc
Dan C Austin & Associates Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamim Shamsuddin Mohammed $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $481,000 -- --
07/07/2022 07/07/22 Sold $481,000 +1.3% $265 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $475,000 -- $262 / 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 $4,092 $468,911 $148,750 $320,161
2023 $3,168 $288,845 $85,000 $203,845
2022 $2,945 $288,845 $85,000 $203,845
2021 $2,830 $288,845 $85,000 $203,845
2020 $2,779 $288,845 $85,000 $203,845
2019 $2,707 $231,853 $63,750 $168,103
2018 $2,553 $231,853 $63,750 $168,103
2017 $2,432 $231,853 $63,750 $168,103
2016 $2,382 $231,853 $63,750 $168,103
2015 $1,947 $186,132 $42,000 $144,132
2014 $1,847 $186,132 $42,000 $144,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2449546

Doorify MLS

APN: 0793.09-16-0231-000