NOT LISTED FOR SALE

Estimated Value: $793,000 - $829,000

3 Beds
2 Baths
1,978 Sq Ft
$408/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $785,000 $397 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,931/month

31 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Granite Countertops
  • Root Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

Discover this charming turnkey cottage in the highly desirable Five Points area of Raleigh. Nestled in a vibrant neighborhood known for its historic appeal and walkability, this home offers an incredible investment opportunity... surrounded by multi-million dollar properties and actively on Airbnb with the ability to live upstairs and make a rental unit downstairs. Featuring modern updates while retaining its classic character, the cottage boasts a cozy living area, a beautifully renovated kitchen, and a serene and spacious backyard perfect for relaxing or entertaining. With its prime location, just steps away from trendy shops, restaurants, and parks, this property is an ideal choice for those seeking convenience and allure. Don't miss out on this rare find in Five Points!

Last Agent to Sell the Property

Erica Sizemore

Keller Williams Realty License #310092 Listed on: 05/24/2024

Keller Williams Realty

Last Buyer's Agent

James Ayscue

Long & Foster Real Estate INC/Raleigh License #346168

Long & Foster Real Estate INC/Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1923

Lot Details

  • 9,148 Sq Ft Lot
  • Back and Front Yard Fenced
  • Vinyl Fence
  • Wood Fence
  • Landscaped
  • Property is zoned R6

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Den
  • Unfinished Basement
  • Laundry in Basement
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Root Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Bloomsbury Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0075302

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • Prop. Type: Residential
  • Subdivision Name: Bloomsbury
  • Above Grade Finished Sq Ft: 986.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Below Grade Unfinished Area: 380.0
  • General Property Information Total Unfinished Area2: 380.0
  • General Property Information Lot Size Dimensions: Obtain Survey
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Basement
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Attic Features Scuttle: Yes
  • Foundation Details BrickMortar: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 986.0
  • General Property Information Below Grade Finished Area: 992.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • Fencing Back Yard: Yes
  • Fencing Wood2: Yes
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Lot Size Acres: 0.21
  • Fencing Front Yard: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Brick, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Smooth Ceilings, Walk-In Shower
  • Basement: Concrete, Unfinished
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s)
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 992.0
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Basement:Unfinished: Yes
  • Basement:Concrete: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Back Yard, Front Yard, Wood
  • Acres: 0.21
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Brick/Mortar, Slab
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Asphalt
  • Total Parking Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • 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

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R6
  • Lot Dimensions: Obtain Survey
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0075302

Tax Info

  • Tax Annual Amount: 5094.64
  • Tax Year: 2023
  • Tax Map Number: 2

MLS Schools

  • Elementary School: Wake - Root

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 31, 2024
Sold by
Lenderts Susan Elizabeth
Bought by
Copeland Jan Eddins
Seller's Agent
Erica Sizemore
Keller Williams Realty
Buyer's Agent
James Ayscue
Long & Foster Real Estate INC/Raleigh
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Views
53
Current Estimated Value
$807,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,875
Avg. Annual Appreciation
2.77%

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 1, 2022
Sold by
Stewart Belk Elizabeth Grainger and Stewart John R
Bought by
Lenderts Susan E
Seller's Agent
Lisa DuBose
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Megan Hackley
Hodge & Kittrell Sotheby's Int
List Price
$695,000
Sold Price
$752,220
Premium/Discount to List
$57,220
8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$676,900
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2013
Sold by
Sugg Samuel J and Sugg Laurie W
Bought by
Grainger Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,091
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2005
Sold by
Giddens Sammy W and Giddens Nida B
Bought by
Sugg Samuel J and Sugg Laurie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
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
Copeland Jan Eddins $785,000 None Listed On Document
Lenderts Susan E $752,500 Willard Gail G
Grainger Elizabeth $271,000 None Available
Sugg Samuel J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenderts Susan E $676,900
Previous Owner Stewart Elizabeth Grainger $57,000
Previous Owner Grainger Elizabeth $266,091
Previous Owner Sugg Samuel J $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $785,000 -4.8% $397 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $825,000 +9.7% $417 / Sq Ft
12/15/2023 12/15/23 Off Market $752,220 -- --
08/03/2022 08/03/22 Sold $752,220 +8.2% $473 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $695,000 -- $437 / 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 $6,347 $728,474 $522,500 $205,974
2023 $5,095 $465,563 $365,000 $100,563
2022 $4,734 $465,563 $365,000 $100,563
2021 $4,550 $465,563 $365,000 $100,563
2020 $4,467 $465,563 $365,000 $100,563
2019 $3,517 $301,774 $200,000 $101,774
2018 $3,317 $301,774 $200,000 $101,774
2017 $3,159 $301,774 $200,000 $101,774
2016 $3,094 $301,774 $200,000 $101,774
2015 $3,338 $320,405 $210,000 $110,405
2014 $3,166 $320,405 $210,000 $110,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10031503

Doorify MLS

APN: 1704.06-39-9216-000