NOT LISTED FOR SALE

Estimated Value: $626,000 - $990,678

2 Beds
2 Baths
984 Sq Ft
$854/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $392,000 $398 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,104/month

140 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Underwood Magnet Elementary School Rated A
  • 1 Fireplace
  • 1-Story Property

About This Home

As of May 2022

This Five Points bungalow is ready to shine! Built in 1925 , it is complete with two bedrooms and two full baths, fenced in yard, corner lot, and in one of Raleigh's best neighborhoods. Minutes from Hayes Barton Cafe, NOFO, Lynwood Brewing Concern and so much more.

Last Agent to Sell the Property

Erika Strahin

Choice Residential Real Estate License #290265 Listed on: 09/10/2021

Choice Residential Real Estate

Last Buyer's Agent

Courtney Whalen

Compass -- Raleigh License #269960

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1925

Lot Details

  • 7,405

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Underwood Elementary School
  • Oberlin Middle School
  • Broughton High School

Additional Features

  • 7,405 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,040

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Subdivision Name: Georgetown
  • Above Grade Finished Sq Ft: 984.0
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Need Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 984.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: Need Survey
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3040.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Underwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
May 10, 2022
Sold by
Schroeder David W and Schroeder Elizabeth W
Bought by
Hatlen Roger Alan and Hatlen Lori Ann
Seller's Agent
Erika Strahin
Choice Residential Real Estate
Buyer's Agent
Courtney Whalen
Compass -- Raleigh
List Price
$410,000
Sold Price
$392,000
Premium/Discount to List
-$18,000
-4.39%
Total Days on Market
140
Current Estimated Value
$839,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,920
Avg. Annual Appreciation
28.28%

Purchase Details

Closed on
Apr 5, 2007
Sold by
Goins Tiffany R
Bought by
Schroeder David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Fletcher Walter R and Fletcher Martha M
Bought by
Goins Tiffany R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Sold by
Fletcher Walter W and Fletcher Martha M
Bought by
Fletcher Walter R and Fletcher Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
5.25%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Austin John Scott and Austin Jennifer J
Bought by
Fletcher Walter W and Fletcher Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.62%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Boyette John M
Bought by
Austin John Scott and Austin Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,115
Interest Rate
7.31%
Mortgage Type
FHA
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
Hatlen Roger Alan $392,000 None Listed On Document
Schroeder David $206,000 None Available
Goins Tiffany R $148,000 --
Fletcher Walter R -- --
Fletcher Walter W $160,000 --
Austin John Scott $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatlen Roger Alan $250,000
Previous Owner Schroeder David $190,500
Previous Owner Schroeder David $185,400
Previous Owner Goins Tiffany R $10,000
Previous Owner Goins Tiffany R $147,900
Previous Owner Fletcher Walter R $135,500
Previous Owner Fletcher Walter W $128,000
Previous Owner Austin John Scott $30,100
Previous Owner Austin John Scott $96,115
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $392,000 -- --
05/24/2022 05/24/22 Sold $392,000 -4.4% $398 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
09/10/2021 09/10/21 For Sale $410,000 -- $417 / 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 $7,763 $889,283 $425,000 $464,283
2023 $2,826 $259,250 $259,250 $0
2022 $3,163 $310,386 $259,250 $51,136
2021 $3,040 $310,386 $259,250 $51,136
2020 $2,985 $310,386 $259,250 $51,136
2019 $2,589 $221,701 $175,500 $46,201
2018 $2,442 $221,701 $175,500 $46,201
2017 $2,326 $221,701 $175,500 $46,201
2016 $2,279 $221,701 $175,500 $46,201
2015 $2,106 $201,495 $140,400 $61,095
2014 -- $201,495 $140,400 $61,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2406962

Doorify MLS

APN: 1704.08-98-3180-000