$1,048,222
RENTED NOV 11, 2024

2611 Wade Ave Raleigh, NC 27607

University Park Neighborhood
4 Beds
2 Baths
2,033 Sq Ft
$516 Price per Sq Ft

Last Sold May 20, 2021

Last sale price $380,000 $187 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $6,086/month

Highlights

  • Patio
  • Living Room
  • 1-Story Property
  • Olds Elementary School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2024

Charming mid-century ranch--with sooo many updates recently!! AVAILABLE IMMEDIATELY! 4 bedroom/2 bath. Hardwoods in the living/dining space. NEW lighting throughout, new vanities in both baths, tile surrounds in both baths have been updated, new LVP flooring in the basement bedroom and new carpet on the basement steps. The kitchen cabinets are now a lovely shade of green with gold pulls and new quartz. MUST SEE!! Tons of light--great for all those plant babies!! Quaint porches on both sides of the living space. Easy access to downtown, NCSU, and I-40. It is close to Village District, Jaycee Park, and Whole Foods. Ample off-street parking.

Last Agent to Rent the Property

Ann-Cabell Baum

Glenwood Agency, LLC License #224873 Listed on: 07/16/2024

Last Renter's Agent

Jessica Wood

Glenwood Agency, LLC License #289069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1951

Lot Details

  • 0.4

Parking

  • Private Driveway

Interior Spaces

  • 2,033 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 8/9/24
  • Tenant pays for cable TV, electricity, gas, hot water, sewer, trash collection, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Trash Collection, Water, Other
  • Lease Term: Other
  • Available Date: 2024-08-09

Listing Details

  • Year Built: 1951
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 2033.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2024-08-09
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 2033.0
  • Room Types Laundry2: Yes
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
May 19, 2021
Sold by
Love Wesley Alan and Johnson Debora Lynn
Bought by
Caba Properties Ii Llc
Seller's Agent
Charles Johnson
Cambridge & Assoc. R.E. Group
Buyer's Agent
Charles Johnson
Cambridge & Assoc. R.E. Group
List Price
$359,900
Sold Price
$380,000
Premium/Discount to List
$20,100
5.58%
Current Estimated Value
$1,048,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,222
Avg. Annual Appreciation
28.05%

Purchase Details

Closed on
May 7, 2002
Sold by
Rigney Viola H
Bought by
Love Wesley Alan and Johnson Debora Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.18%
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
Caba Properties Ii Llc $1,140,000 Noble Title Agency Inc
Love Wesley Alan $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Wesley Alan $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Rented $2,600 0.0% --
10/25/2024 10/25/24 Under Contract -- -- --
07/16/2024 07/16/24 For Rent $2,600 0.0% --
12/15/2023 12/15/23 Off Market $380,000 -- --
05/20/2021 05/20/21 Sold $380,000 0.0% $187 / Sq Ft
02/07/2020 02/07/20 Off Market $380,000 -- --
12/06/2019 12/06/19 For Sale $359,900 -- $177 / 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 $5,028 $576,581 $432,000 $144,581
2023 $3,765 $343,588 $240,000 $103,588
2022 $3,499 $343,588 $240,000 $103,588
2021 $3,363 $343,588 $240,000 $103,588
2020 $3,302 $343,588 $240,000 $103,588
2019 $3,320 $284,719 $160,000 $124,719
2018 $3,131 $284,719 $160,000 $124,719
2017 $2,982 $284,719 $160,000 $124,719
2016 $2,921 $284,719 $160,000 $124,719
2015 $2,726 $261,359 $154,000 $107,359
2014 $2,586 $261,359 $154,000 $107,359
Source: Public Records

Agents Affiliated with this Home

  • Ann-Cabell Baum

    Landlord's Agent in 2024

    Ann-Cabell Baum

    Glenwood Agency, LLC

    (919) 606-4074

    9 in this area

    315 Total Sales

    Ann-Cabell Baum
    Section Image

  • J

    Tenant's Agent in 2024

    Jessica Wood

    Glenwood Agency, LLC

    (919) 828-0077

    10 Total Sales

    Jessica Wood
    Section Image
  • Charles Johnson

    Seller's Agent in 2021

    Charles Johnson

    Cambridge & Assoc. R.E. Group

    (919) 833-3496

    4 in this area

    41 Total Sales

    Charles Johnson
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10041647

Doorify MLS

APN: 0794.12-86-4371-000

North Carolina Wake County Raleigh 27607 University Park

2611 Wade Ave, Raleigh, NC

This home is located at 2611 Wade Ave, Raleigh, NC 27607 since 16 July 2024 and is currently priced at $1,048,222. This property was built in 1951. 2611 Wade Ave is a home located in Wake County with nearby schools including Olds Elementary School, Leroy Martin Magnet, and Broughton Magnet High School.

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