NOT LISTED FOR SALE

Estimated Value: $176,000 - $240,103

2 Beds
1 Bath
840 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $185,000 $220 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,239/month

25 Days on Market

Highlights

  • 2 Car Garage
  • Swift Creek Elementary School Rated A-
  • 1-Story Property

About This Home

As of April 2024

Welcome to 2729 Newsome St, Raleigh, NC 27603—a perfect opportunity to embrace comfortable ranchstyle living! This charming home features 2 beds and 1 bath, offering a cozy retreat for you to call home.
Step inside to discover a welcoming living room and an eat-in kitchen, providing ample space for
relaxation and dining. The comfortable bedrooms ensure a restful night's sleep, while the front porch
offers a lovely spot to enjoy the outdoors. Outside, you'll find a convenient storage building and a rear
porch, adding functionality to the property. Ample parking space completes the package. Great location!
This home is just 4.5 miles from downtown Raleigh, with easy access to the NCSU Wolf Line Bus stop and
the NCSU campus. Nearby attractions include Dix Park, Lake Johnston Park, and the NC Farmers Market,
offering opportunities for outdoor recreation and leisure activities. Welcome to 2729 Newsome St—your
new home awaits!

Last Agent to Sell the Property

Nicholas Huscroft

Chosen Real Estate Group License #346906 Listed on: 02/10/2024

Last Buyer's Agent

Ann Scarth

Highgarden Real Estate NC License #287659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Community Details

  • King Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0792.03-34-2970 0050711

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Prop. Type: Residential
  • Subdivision Name: King Land
  • Above Grade Finished Sq Ft: 840.0
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 840.0
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Acres: 0.17

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Attached Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0792.03-34-2970 0050711

Tax Info

  • Tax Annual Amount: 703.02
  • Tax Year: 2023
  • Tax Map Number: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 29, 2024
Sold by
Ferocity Assets Llc
Bought by
Schober Dillon
Seller's Agent
Nicholas Huscroft
Chosen Real Estate Group
Buyer's Agent
Ann Scarth
Highgarden Real Estate NC
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Views
150
Current Estimated Value
$209,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,701
Avg. Annual Appreciation
9.51%
Original Mortgage
$148,000
Outstanding Balance
$146,429
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$63,272

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 28, 2024
Sold by
Krol Jeffery Scott
Bought by
Ferocity Assets Llc
Seller's Agent
Nicholas Huscroft
Chosen Real Estate Group
Buyer's Agent
Ann Scarth
Highgarden Real Estate NC
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$146,429
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$63,272

Purchase Details

Closed on
Feb 1, 2011
Sold by
Patrick Real Estate Inc
Bought by
Krol Jeffrey Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,060
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2010
Sold by
Patrick Real Estate Inc
Bought by
Patrick Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,700
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Stanley Norman K and Stanley Evelyn B
Bought by
Patrick Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.54%
Mortgage Type
Seller Take Back
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
Schober Dillon $185,000 Tryon Title
Ferocity Assets Llc $160,500 Tryon Title
Krol Jeffrey Scott $62,000 Fidelity Natl Title Ins Co
Patrick Real Estate Inc $4,000 Chicago Title Insurance Co
Patrick Real Estate Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schober Dillon $148,000
Previous Owner Krol Jeffrey Scott $61,060
Previous Owner Patrick Real Estate Inc $59,700
Previous Owner Patrick Real Estate Inc $48,750
Previous Owner Patrick Real Estate Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $185,000 0.0% $220 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $185,000 -7.5% $220 / Sq Ft
02/22/2024 02/22/24 Price Changed $200,000 -7.0% $238 / Sq Ft
02/10/2024 02/10/24 For Sale $215,000 -- $256 / 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 $1,161 $183,744 $110,000 $73,744
2023 $703 $87,631 $35,000 $52,631
2022 $653 $87,631 $35,000 $52,631
2021 $636 $87,631 $35,000 $52,631
2020 $626 $87,631 $35,000 $52,631
2019 $575 $67,914 $30,000 $37,914
2018 $530 $67,914 $30,000 $37,914
2017 $503 $67,914 $30,000 $37,914
2016 $493 $67,914 $30,000 $37,914
2015 $613 $85,314 $44,000 $41,314
2014 $581 $85,314 $44,000 $41,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10010979

Doorify MLS

APN: 0792.03-34-2970-000