NOT LISTED FOR SALE

Estimated Value: $601,000 - $699,000

2 Beds
2 Baths
1,600 Sq Ft
$416/Sq Ft Est. Value

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Olds Elementary School Rated A
  • Granite Countertops
  • 4-minute walk to Chamberlain Park

About This Home

As of February 2024

Welcome to your dream home in the heart of University Park, Raleigh! This charming bungalow, nestled just steps away from The Village District, offers the perfect blend of modern comfort and timeless elegance. Boasting 1600 sq. ft. of living space, this gem feels incredibly spacious with its soaring 11-ft. ceilings and well-appointed layout. You'll love the inviting front and back porches, ideal for relaxing and entertaining, and the large fenced-in backyard. Inside, discover a versatile dining room/home office, a fully-equipped laundry room, two generously sized bedrooms, a walk-in closet, and a sleek, updated kitchen complete with a gas stove, brand new granite countertops, and a convenient island for additional seating and storage. With two full bathrooms, including a guest bathroom with a claw foot tub and an en suite-style main bath, every detail of this home exudes warmth and functionality. Don't miss your chance to make this sweet bungalow your own oasis in the vibrant University Park neighborhood.

Last Agent to Rent the Property

rick dean

CityGate Real Estate Services, License #263229 Listed on: 02/12/2024

Last Renter's Agent

Michael Potter

CityGate Real Estate Services, License #273432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,090

Year Built

  • Built in 1925

Lot Details

  • 8,712

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • The Village Subdivision

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 3/1/24
  • Tenant pays for cable TV, electricity, gas, hot water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,090

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water
  • Lease Term: 12 Months
  • Available Date: 2024-03-01

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential Lease
  • Subdivision Name: The Village
  • Above Grade Finished Sq Ft: 1600.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-03-01
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 1600.0
  • Room Types Laundry2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: 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

Closed on
Jun 26, 2012
Sold by
Perry Agnes B and Perry Gaston Donald
Bought by
Perry Gaston Donald
Current Estimated Value
$665,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$26,322
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$661,576

Purchase Details

Closed on
Jun 25, 2012
Sold by
Hill Tracy L
Bought by
Perry Agnes B and Perry Gaston Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$26,322
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$661,576

Purchase Details

Closed on
Aug 31, 2009
Sold by
Barsness Kari K and Cobb Michael D
Bought by
Hill Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Jordan Patricia A and Jordan Wayne
Bought by
Barsness Kari K and Cobb Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.25%
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
Perry Gaston Donald -- None Available
Perry Agnes B $331,500 None Available
Hill Tracy $328,000 None Available
Barsness Kari K $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Agnes B $140,000
Previous Owner Hill Tracy $262,400
Previous Owner Counts Patricia A $63,800
Previous Owner Barsness Kari K $127,200
Previous Owner Counts Patricia A $49,999
Previous Owner Counts Patricia A $0
Previous Owner Counts Patricia A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2024 02/17/24 Rented $2,500 0.0% --
02/12/2024 02/12/24 For Rent $2,500 -- --
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 $5,090 $583,797 $400,000 $183,797
2023 $4,448 $406,274 $275,000 $131,274
2022 $4,134 $406,274 $275,000 $131,274
2021 $3,973 $406,274 $275,000 $131,274
2020 $3,901 $406,274 $275,000 $131,274
2019 $3,980 $341,739 $160,000 $181,739
2018 $3,754 $341,739 $160,000 $181,739
2017 $3,575 $341,739 $160,000 $181,739
2016 $3,502 $341,739 $160,000 $181,739
2015 $3,588 $344,585 $168,750 $175,835
2014 -- $344,585 $168,750 $175,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10011267

Doorify MLS

APN: 0794.16-94-5066-000