NOT LISTED FOR SALE

Estimated Value: $274,000 - $344,000

1 Bed
1 Bath
914 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $235,000 $257 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,898/month

57 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Joyner Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 2-minute walk to Bragg Street Park

About This Home

As of July 2021

Great Investor Opportunity in Downtown Raleigh on AMAZING LOT! One Story Bungalow needs FULL Rehab/Rebuild and/or Teardown. Minutes from Downtown Raleigh, near TONS of new builds (10+ within 1/2 block). Great Equity Potential to either Rebuild/Add-On or for New Construction. Amazing lot facing Downtown Raleigh and HUGE backyard (Very Rare). Would make a great Project for Experienced Investor or Home Owner who wants an Amazing Lot Close to Downtown!

Last Agent to Sell the Property

Terrence Boykin

Keller Williams Legacy License #290135 Listed on: 03/02/2021

Keller Williams Legacy

Last Buyer's Agent

Nikehchi Woherem

NC Land and Home License #298429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 914 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Joyner Elementary School
  • Moore Square Museum Middle School
  • Broughton High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • South Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Subdivision Name: South Park
  • Above Grade Finished Sq Ft: 914.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: X
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Great Investor Opportunity in Downtown Raleigh on AMAZING LOT! One Story Bungalow needs FULL Rehab/Rebuild and/or Teardown. Minutes from Downtown Raleigh, near TONS of new builds (10+ within 1/2 block). Great Equity Potential to either Rebuild/Add-On or for New Construction. Amazing lot facing Downtown Raleigh and HUGE backyard (Very Rare). Would make a great Project for Experienced Investor or Home Owner who wants an Amazing Lot Close to Downtown!
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 914.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • General Property Information:Living Area3: 914.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.14
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Moore Square Museum

Lot Info

  • Lot Dimensions: X
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1712.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jul 8, 2021
Sold by
Care Properties Llc
Bought by
Wilson Eric Lavar
Seller's Agent
Terrence Boykin
Keller Williams Legacy
Buyer's Agent
Nikehchi Woherem
NC Land and Home
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$318,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,672
Avg. Annual Appreciation
7.00%
Original Mortgage
$282,957
Outstanding Balance
$256,740
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,932

Purchase Details

Closed on
Oct 19, 2020
Sold by
Walker Omeba and Walker Vester
Bought by
Care Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1979
Bought by
Walker Omeba
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilson Eric Lavar $235,000 None Available
Care Properties Llc $160,000 Investors Title Insurance Co
Care Properties Llc $160,000 None Listed On Document
Walker Omeba $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Eric Lavar $282,957
Previous Owner Care Properties Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $235,000 -- --
07/08/2021 07/08/21 Sold $235,000 -6.0% $257 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $249,900 -- $273 / 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 $2,792 $317,856 $285,000 $32,856
2024 $2,781 $317,856 $285,000 $32,856
2023 $2,659 $242,075 $166,250 $75,825
2022 $2,221 $219,327 $166,250 $53,077
2021 $1,744 $177,154 $166,250 $10,904
2020 $1,712 $177,154 $166,250 $10,904
2019 $741 $62,178 $42,500 $19,678
2018 $699 $62,178 $42,500 $19,678
2017 $667 $62,178 $42,500 $19,678
2016 $653 $62,178 $42,500 $19,678
2015 $499 $46,260 $24,000 $22,260
2014 $474 $46,260 $24,000 $22,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2369800

Doorify MLS

APN: 1703.16-74-7291-000