S
Seller's Agent in 2023
Stuart Deibel
Raleigh Custom Realty, LLC
(919) 749-4419
1 in this area
14 Total Sales
2618 Wade Ave Raleigh, NC 27607
Sunset Hills NeighborhoodEstimated Value: $1,426,000 - $2,003,000
4
Beds
2.5
Baths
4,900
Sq Ft
$376/Sq Ft
Est. Value
Highlights
- 1.09 Acre Lot
- Traditional Architecture
- 2 Fireplaces
- Lacy Elementary Rated A
- Wood Flooring
- 5-minute walk to Jaycee Park
About This Home
As of October 2023PRICE IMPROVEMENT! Introducing a timeless gem inside Raleigh's coveted Beltline! This beautifully renovated 1940s home, completely upgraded in 2023, offers a perfect blend of classic charm and modern comforts. Situated on over an acre of picturesque land, this property boasts a serene and expansive setting. Step inside to discover a bright and airy two-story home, where natural light cascades through large windows, illuminating the carefully designed spaces. With four spacious bedrooms, there's ample room for both family and guests. The masterful landscaping, adorned with mature trees, enhances the beauty and privacy of the surroundings. One of the highlights of this property is its full basement, offering abundant storage space or potential for further customization. The combination of historic character and contemporary updates make this home truly remarkable. Located Inside the Beltline, you'll have convenient access to Raleigh's vibrant downtown scene, while still enjoying the tranquility of a sizable lot. Contact us today for a private tour and experience the charm and elegance firsthand!
Last Agent to Sell the Property
Raleigh Custom Realty, LLC License #94078 Listed on: 04/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,542
Year Built
- Built in 1940
Lot Details
- 1.09 Acre Lot
- Lot Dimensions are 172 x 275 x 176 x 274
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Concrete Foundation
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Storage
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Block Basement Construction
Parking
- Garage
- 1 Carport Space
- Side Facing Garage
- Circular Driveway
- Gravel Driveway
Outdoor Features
- Patio
Schools
- Lacy Elementary School
- Martin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Wade Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2023
Closed on
Oct 6, 2023
Sold by
Raleigh Custom Homes Inc
Bought by
2618 Wade Llc
Seller's Agent
Stuart Deibel
Raleigh Custom Realty, LLC
Buyer's Agent
Lynne Fisher
Compass -- Chapel Hill - Durham
List Price
$1,199,900
Sold Price
$1,000,000
Premium/Discount to List
-$199,900
-16.66%
Total Days on Market
152
Views
294
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,156
Avg. Annual Appreciation
36.61%
Purchase Details
Closed on
May 20, 2015
Sold by
Sullivan Kathlyn F
Bought by
Raleigh Custom Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 1, 1977
Bought by
Sullivan Kathlyn F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2618 Wade Llc | $1,000,000 | None Listed On Document | |
| 2618 Wade Llc | $1,000,000 | None Listed On Document | |
| Raleigh Custom Homes Inc | $355,000 | None Available | |
| Sullivan Kathlyn F | $54,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Raleigh Custom Homes Inc | $266,250 | |
| Previous Owner | Raleigh Custom Homes Inc | $266,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $1,000,000 | -- | -- |
| 10/06/2023 10/06/23 | Sold | $1,000,000 | 0.0% | $204 / Sq Ft |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | Price Changed | $999,900 | -9.1% | $204 / Sq Ft |
| 06/02/2023 06/02/23 | Price Changed | $1,100,000 | -5.8% | $224 / Sq Ft |
| 05/18/2023 05/18/23 | Price Changed | $1,167,500 | -2.7% | $238 / Sq Ft |
| 04/26/2023 04/26/23 | For Sale | $1,199,900 | -- | $245 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | -- | $1,473,521 | $648,000 | $825,521 |
| 2024 | $12,818 | $1,473,521 | $648,000 | $825,521 |
| 2023 | $7,041 | $644,110 | $360,000 | $284,110 |
| 2022 | $6,542 | $644,110 | $360,000 | $284,110 |
| 2021 | $6,287 | $644,110 | $360,000 | $284,110 |
| 2020 | $6,173 | $644,110 | $360,000 | $284,110 |
| 2019 | $5,724 | $492,224 | $240,000 | $252,224 |
| 2018 | $5,398 | $492,224 | $240,000 | $252,224 |
| 2017 | $5,141 | $492,224 | $240,000 | $252,224 |
| 2016 | $5,035 | $492,224 | $240,000 | $252,224 |
| 2015 | $4,575 | $439,930 | $223,080 | $216,850 |
| 2014 | $4,339 | $439,930 | $223,080 | $216,850 |
Source: Public Records
Agents Affiliated with this Home
-
Stuart Deibel
-
Timothy Thompson
Seller Co-Listing Agent in 2023
Timothy Thompson
Raleigh Custom Realty, LLC
(919) 395-1529
1 in this area
65 Total Sales
-
Lynne Fisher
L
Buyer's Agent in 2023
Lynne Fisher
Compass -- Chapel Hill - Durham
(919) 218-7837
1 in this area
18 Total Sales
Map
Source: Doorify MLS
MLS Number: 2507255
APN: 0794.12-86-2579-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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