NOT LISTED FOR SALE

Estimated Value: $408,000 - $546,000

4 Beds
2 Baths
1,553 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $435,000 $280 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,752/month

92 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Workshop
  • Salem Elementary Rated A
  • Granite Countertops
  • No HOA

About This Home

As of May 2023

Over $51,000 of generated gross income in 2022! JOTB STUNNER! 5 minutes to downtown Raleigh! This 4 bed 2 bath ranch home was fully updated in 2020, Roof & HVAC 2019 currently operating as a fully furnished and fully functional short-term renal (airbnb sleeps 10). Offering a bright & airy open floor plan, LVP flooring, modern fixtures, granite counter tops, SS appliances, spacious master bedroom with walk in closet, dual vanities, walk in luxury tile shower with glass doors, deck leads to private large, fenced-in back yard, walk in crawl space with work shop area, great for storage or a small shop. Walking distance to the planned 'Downtown South' development. 2022 STR P&L available upon request.

Last Agent to Sell the Property

Adam Lindsay

RE/MAX Advantage License #272309 Listed on: 12/30/2022

Last Buyer's Agent

Phillip DeMuth

Aspire Real Estate License #257656

Aspire Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 2002

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60x174x60x174
  • Fenced Yard

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Cottage
  • Concrete Foundation
  • Vinyl Siding

Interior Spaces

  • 1,553 Sq Ft Home
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Blinds
  • Living Room
  • Breakfast Room
  • Dining Room
  • Open Floorplan
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Exterior Basement Entry
  • Block Basement Construction
  • Workshop
  • Crawl Space

Parking

  • Garage
  • Parking Pad
  • Front Facing Garage
  • Side Facing Garage
  • Gravel Driveway
  • On-Street Parking

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Salem Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include unknown
  • Parkland Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Parkland
  • Above Grade Finished Sq Ft: 1553.0
  • Architectural Style: Cottage, Ranch, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 60x174x60x174
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Fencing Privacy: Yes
  • Basement Workshop3: Yes
  • Architectural Style Cottage: Yes
  • Basement Unheated: Yes
  • General Property Information Above Grade Finished Area: 1553.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen/Dining Room Combination, Living/Dining Room Combination, Primary Downstairs, Shower Only, Smooth Ceilings, Storage, Walk-In Shower
  • Basement: Block, Concrete, Crawl Space, Exterior Entry, Unheated, Workshop
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Block: Yes
  • Basement:Concrete: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Privacy
  • Acres: 0.23
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage Faces Side, Gravel, On Street, Parking Pad
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 60x174x60x174
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1614.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Apr 27, 2023
Sold by
Abundant Holding Llc
Bought by
Oakley William and Oakley Bryan Arthur
Seller's Agent
Adam Lindsay
RE/MAX Advantage
Buyer's Agent
Phillip DeMuth
Aspire Real Estate
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
172
Current Estimated Value
$465,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,280
Avg. Annual Appreciation
2.86%
Original Mortgage
$413,250
Outstanding Balance
$400,354
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$64,926

Purchase Details

Closed on
Mar 24, 2021
Sold by
Chandler Eric
Bought by
Abundant Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,800
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2020
Sold by
Lindsay Real Estate Group Inc
Bought by
Chandler Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,800
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2020
Sold by
Wallace Richard P and Wallace Cynthia J
Bought by
Lindsay Real Estate Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2002
Sold by
Davis Dorothy A and Davis Dorothy T
Bought by
Wallace Richard P and Wallace Cynthia J
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
Oakley William $435,000 None Listed On Document
Abundant Holding Llc -- None Available
Abundant Holding Llc -- None Listed On Document
Chandler Eric $260,000 None Available
Chandler Eric $260,000 None Listed On Document
Lindsay Real Estate Group Inc $171,500 None Available
Wallace Richard P $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakley William $413,250
Previous Owner Abundant Holding Llc $275,800
Previous Owner Chandler Eric $254,800
Previous Owner Lindsay Real Estate Group Inc $165,000
Previous Owner Wallace Richard P $78,000
Previous Owner Wallace Richard P $92,500
Previous Owner Wallace Richard P $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $435,000 -- --
05/05/2023 05/05/23 Sold $435,000 -2.2% $280 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $445,000 -0.9% $287 / Sq Ft
02/24/2023 02/24/23 Price Changed $449,000 -0.2% $289 / Sq Ft
01/02/2023 01/02/23 For Sale $450,000 -- $290 / 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 $3,535 $403,028 $140,000 $263,028
2024 $3,520 $403,028 $140,000 $263,028
2023 $2,410 $219,223 $65,000 $154,223
2022 $1,614 $157,393 $65,000 $92,393
2021 $1,551 $157,393 $65,000 $92,393
2020 $1,523 $157,393 $65,000 $92,393
2019 $1,516 $129,088 $28,000 $101,088
2018 $1,430 $129,088 $28,000 $101,088
2017 $1,363 $129,088 $28,000 $101,088
2016 $1,335 $129,088 $28,000 $101,088
2015 -- $144,397 $38,000 $106,397
2014 -- $144,397 $38,000 $106,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2488499

Doorify MLS

APN: 1702.10-47-8402-000