$286,500
SOLD JUN 7, 2024

2011 Wolfmill Dr Unit 301 Raleigh, NC 27603

South Raleigh Neighborhood
4 Beds
4 Baths
1,391 Sq Ft
2002 Built

Recently Sold

$206 Per Sq Ft

6% Below List Price

5 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Breakfast Bar
  • Swift Creek Elementary School Rated A-
  • End Unit
  • <<tubWithShowerToken>>

About This Home

As of June 2024

Calling investors!! Wonderful opportunity to own a 4 bedroom/4bathroom top floor, end unit minutes from NC State Centennial Campus. Well maintained apartment-style condo with LVP floors, new HVAC (2023), new dishwasher (2024) and new microwave (2024). Each private bedroom has bathroom and walk-in-closet. Common space includes kitchen, living room, sunroom and washer/dryer. 3 bedrooms currently occupied, one bedroom recently vacant, painted and awaiting new tenant. HOA $235/month. Current owner pays Electric & Water/sewer. Tenants pay for internet/cable

Last Agent to Sell the Property

Tara Gannon

Allen Tate/Wake Forest License #350936 Listed on: 04/24/2024

Last Buyer's Agent

Melissa Hagen

LPT Realty, LLC License #324579

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • End Unit
  • No Unit Above or Below
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Free-Standing Electric Oven
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry closet
  • Washer and Dryer

Parking

  • 100 Open Parking Spaces
  • Parking Lot

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for association fees, electricity, water
  • Assessor Parcel Number 0792070877

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, trash
  • Wilson Properties Association, Phone Number (919) 524-5999
  • University Woods Subdivision
  • Maintained Community

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,934

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential Income
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: University Woods
  • Above Grade Finished Sq Ft: 1391.0
  • Architectural Style: Contemporary, Transitional
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-524-5999
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • Architectural Style Contemporary: Yes
  • Utilities Phone Available: Yes
  • General Property Information Monthly Association Fees2: 235.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Common Walls:_one_ Common Wall: Yes
  • Common Walls No One Above: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1391.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Utilities Natural Gas Not Available: Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Appliances:WasherDryer: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Seller Disclosure
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Near Public Transit: Yes
  • Lot Features:Near Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 100.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 100.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Electric, Hot Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Hot Water2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Properties
  • Phone: 919-524-5999
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Landscaping: Yes
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 235.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 0792070877

Rental Info

  • Tenant Pays: Cable TV
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Electricity, Water

Tax Info

  • Tax Annual Amount: 1934.39
  • Tax Year: 2024

Multi Family

  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2003
Sold by
Trailwood Partners
Bought by
Frenzel William C and Frenzel Carolyn M
Current Estimated Value
$277,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$34,331
Interest Rate
5.5%
Estimated Equity
$241,675
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 Type Sale Price Title Company
Warranty Deed $123,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $286,500 -6.4% $206 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $306,000 +36.0% $220 / Sq Ft
12/15/2023 12/15/23 Off Market $225,000 -- --
09/22/2023 09/22/23 Sold $278,600 -0.3% $200 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $279,500 +24.2% $201 / Sq Ft
08/16/2021 08/16/21 Sold $225,000 -1.3% $171 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $227,900 -- $173 / 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 $2,425 $276,912 $0 $276,912
2023 $1,580 $175,632 $0 $175,632
2022 $1,469 $175,632 $0 $175,632
2021 $1,729 $175,632 $0 $175,632
2020 $1,698 $175,632 $0 $175,632
2019 $1,289 $109,507 $0 $109,507
2018 $1,216 $109,507 $0 $109,507
2017 $1,159 $109,507 $0 $109,507
2016 $0 $109,507 $0 $109,507
2015 -- $122,361 $0 $122,361
2014 -- $122,361 $0 $122,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10024967

Doorify MLS

APN: 0792.05-07-0877-012