NOT LISTED FOR SALE

303 S State St Raleigh, NC 27601

Olde East Raleigh Neighborhood

Estimated Value: $493,000 - $513,000

3 Beds
1 Bath
2,489 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2024

Last sale price $460,000 $185 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,051 / mo

48 Days on Market

Highlights

  • 0.21 Acre Lot
  • Partially Wooded Lot
  • Corner Lot
  • Hunter Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Davie Street Park

About This Home

As of June 2024

Cool Mid Century stone duplex on large corner lot with .21 acres near downtown. Each side has 3 bedrooms and 1 bath. Long term month to month tenants. 3 BR 1 bath on both sides. Live in one unit and rent the other or turn into a single family home.

Last Agent to Sell the Property

Julie Soles

Seagroves Realty License #180063 Listed on: 04/16/2024

Last Buyer's Agent

Louis Gerald

Seagate NC LLC License #80941

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 110x93
  • 1 Common Wall
  • Corner Lot
  • Partially Wooded Lot
  • Few Trees

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Brick or Stone Mason
  • Stone Foundation
  • Shingle Roof
  • Lead Paint Disclosure
  • Stone

Interior Spaces

  • 2,489 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Neighborhood Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • Gravel Driveway
  • On-Street Parking
  • 4 Open Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Walker Accessible Stairs
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Front Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0022591

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Parking

Additional Features

  • 2 Leased Units
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,831

Year Built

Built in 1950

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2489.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 110x93
  • General Property Information Basement YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Cool Mid Century stone duplex on large corner lot with .21 acres near downtown. Each side has 3 bedrooms and 1 bath. Long term tenants. 3 BR 1 bath on both sides. Live in one unit and rent the other or turn into a single family home. Call Julie Soles for more info at 919-317-1115!
  • General Property Information Senior Community YN: No
  • Architectural Style Bungalow: Yes
  • Property Condition Fixer: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 2489.0
  • General Property Information Carport YN: No
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • View Neighborhood4: Yes
  • Vegetation Partially Wooded: Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Foundation Details Stone2: Yes
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 2489.0
  • General Property Information Waterfront YN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Stone
  • Foundation Details: Stone
  • Patio And Porch Features: Front Porch
  • Accessibility Features:Accessible Door(s): Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Lot Features:Few Trees: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Lot Features:City Lot: Yes
  • Accessibility Features:Walker-Accessible Stairs: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Gravel, Off Street, On Street
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:Management: Yes
  • Association Amenities:Hot Water: Yes
  • General Property Information:Association YN: No
  • Association Amenities:Cable TV: Yes
  • Association Amenities:Electricity: Yes

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 110x93
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0022591

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1830.87
  • Tax Year: 2023
  • Tax Map Number: 110

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2
  • Number of Month to Month Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 6, 2024
Sold by
Bought by
Seller's Agent
Julie Soles
Seagroves Realty
Buyer's Agent
Louis Gerald
Seagate NC LLC
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%
Views
21
Current Estimated Value
$503,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,933
Avg. Annual Appreciation
4.33%
Original Mortgage
$345,000
Outstanding Balance
$337,651
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$166,282

Purchase Details

Closed on
Apr 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2012
Sold by
Bought by

Purchase Details

Closed on
May 20, 2011
Sold by
Bought by

Purchase Details

Closed on
May 20, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olde East Raleigh, NC

  • Lexie Batchelor Real Estate Agent - Dogwood Properties

    Lexie Batchelor

    Responds Quickly

    Dogwood Properties

    (470) 300-2030

    118 Total Sales

    3 in Olde East Raleigh

    $570K - $752K Price Range

    Lexie Batchelor
     Section Image
  • Millicent Williams Real Estate Agent - Coldwell Banker HPW

    Millicent Williams

    Coldwell Banker HPW

    (855) 459-1902

    84 Total Sales

    1 in Olde East Raleigh

    $565,000 Price

    Millicent Williams
     Section Image
  • Stephanie Anson Real Estate Agent - Northside Realty Inc.

    Stephanie Anson

    Northside Realty Inc.

    (984) 228-2061

    639 Total Sales

    3 in Olde East Raleigh

    $625K - $1.2M Price Range

    Stephanie Anson
     Section Image
  • Hunter McNair Real Estate Agent - Keller Williams Elite Realty

    Hunter McNair

    Keller Williams Elite Realty

    (984) 288-1689

    130 Total Sales

    1 in Olde East Raleigh

    $510,000 Price

    Hunter McNair
     Section Image
  • Jason Queen Real Estate Agent - Monarch Realty Co.

    Jason Queen

    Monarch Realty Co.

    (844) 996-4536

    47 Total Sales

    9 in Olde East Raleigh

    $268K - $980K Price Range

    Jason Queen
     Section Image
  • Jeff Peterson Real Estate Agent - Choice Residential Real Estate

    Jeff Peterson

    Choice Residential Real Estate

    (984) 204-7231

    38 Total Sales

    1 in Olde East Raleigh

    $785,000 Price

    Jeff Peterson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 None Listed On Document
$82,000 None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $345,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $460,000 -7.1% $185 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $495,000 0.0% $199 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $495,000 0.0% $199 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $495,000 -10.0% $199 / Sq Ft
03/08/2024 03/08/24 For Sale $550,000 -- $221 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,449 $390,940 $290,000 $100,940
2024 $3,435 $390,940 $290,000 $100,940
2023 $1,832 $164,379 $155,000 $9,379
2022 $1,704 $164,379 $155,000 $9,379
2021 $1,639 $164,379 $155,000 $9,379
2020 $1,610 $164,379 $155,000 $9,379
2019 $1,071 $88,957 $80,000 $8,957
2018 $1,012 $88,957 $80,000 $8,957
2017 $965 $88,957 $80,000 $8,957
2016 $946 $88,957 $80,000 $8,957
2015 -- $97,008 $45,000 $52,008
2014 $992 $97,008 $45,000 $52,008
Source: Public Records

Agents Affiliated with this Home

  • Julie Soles Real Estate Agent - Seagroves Realty

    Seller's Agent in 2024

    Julie Soles

    Seagroves Realty

    (919) 624-7826

    1 in this area

    59 Total Sales

    Julie Soles
    Section Image

  • L

    Buyer's Agent in 2024

    Louis Gerald

    Seagate NC LLC

    (919) 812-3562

    1 in this area

    7 Total Sales

    Louis Gerald
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10015866

Doorify MLS

APN: 1713.05-17-6526-000

North Carolina Wake County Raleigh 27601 Olde East Raleigh

303 S State St, Raleigh, NC

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