NOT LISTED FOR SALE

2501 Vancastle Way Unit 201 Raleigh, NC 27617

Brier Creek Neighborhood

Estimated Value: $205,000 - $257,000

1 Bed
1 Bath
1,003 Sq Ft
$171/mo HOA Fee

Last Sold May 19, 2023

Last sale price $209,900 $209 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,590/month

71 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Pine Hollow Middle School Rated A
  • Bonus Room
  • Tennis Courts

About This Home

As of May 2023

Investor Alert! $1,400 per Month! Fantastic one bedroom plus a Bonus Room condo in an incredible neighborhood. This. condo is fully rented until October 31, 2023, so investments don't get any easier than this. Perfect for a 1st time investor to build equity and long term wealth! The unit has LVT floors in the common area and Bonus room. There is tile in the kitchen and bathrooms. This neighborhood has a pool, exercise room, tennis courts and a playground. Plus, you can't beat the location just minutes to the airport and lots of shopping and restaurants at Brier Creek. Please provide a 4 hour notice due to one tenant working from home

Last Agent to Sell the Property

Ed Karazin

RE/MAX One Hundred License #261741 Listed on: 01/13/2023

RE/MAX One Hundred

Last Buyer's Agent

Nil Basu

Choice Residential Real Estate License #250947

Choice Residential Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 2002

HOA Fees

  • $171 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,003 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Playground

Schools

  • Brier Creek Elementary School
  • Pine Hollow Middle School
  • Leesville Road High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Wilson Property Managemen Association
  • Avera Place Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,430

Year Built

Built in 2002

Lot Details

0

HOA Fees

$171 per month

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Avera Place Condos
  • Above Grade Finished Sq Ft: 1003.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 1003.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: 2nd Floor
  • Total Bedrooms: 4
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Playground
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Playground3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 171.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Managemen
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Managemen
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 171.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Leesville Road
  • Middle Or Junior School: Wake - Pine Hollow

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1430.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Brier Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2016
Sold by
Sakis Angelo and Sakis Stamatina
Bought by
Yang Meng
Total Days on Market
71
Current Estimated Value
$223,887

Purchase Details

Closed on
Mar 30, 2006
Sold by
Wake County Properties Llc
Bought by
Sakis Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Yang Meng $105,000 None Available
Sakis Angelo $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakis Angelo $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $209,900 -- --
05/19/2023 05/19/23 Sold $209,900 -2.3% $209 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $214,900 0.0% $214 / Sq Ft
02/06/2023 02/06/23 Price Changed $215,000 -2.3% $214 / Sq Ft
01/12/2023 01/12/23 For Sale $220,000 -- $219 / 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 $1,951 $222,314 $0 $222,314
2023 $1,539 $139,312 $0 $139,312
2022 $1,431 $139,312 $0 $139,312
2021 $1,376 $139,312 $0 $139,312
2020 $1,351 $139,312 $0 $139,312
2019 $1,253 $106,428 $0 $106,428
2018 $1,183 $106,428 $0 $106,428
2017 $1,127 $106,428 $0 $106,428
2016 $1,104 $106,428 $0 $106,428
2015 $1,137 $107,911 $0 $107,911
2014 $1,079 $107,911 $0 $107,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2490075

Doorify MLS

APN: 0759.04-90-7277-026