NOT LISTED FOR SALE

Estimated Value: $443,000 - $524,000

3 Beds
2.5 Baths
1,269 Sq Ft
$377/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $309,000 $243 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,026/month

4 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Broughton Magnet High School Rated A-
  • Main Floor Primary Bedroom
  • 1-minute walk to Fisher Street Park

About This Home

As of December 2022

This property is made available to homeowners as a part of its ongoing program to provide low cost housing to eligible homebuyers by the City of Raleigh. Recapture agreement to be signed at closing. The buyers will be restricted to families with incomes limited to 80% of the median income for Wake County. There is a 10 year Deed Restriction that will be recorded with home buyer's deed.

Last Agent to Sell the Property

Eddie Wilson

RIG REAL ESTATE LLC License #307862 Listed on: 02/24/2022

RIG REAL ESTATE LLC

Last Buyer's Agent

Ellen Postlethwait

RIG REAL ESTATE LLC License #331421

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped

Parking

  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,269 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Living Room
  • Dining Room
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1269.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Per Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-09-01
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Attic Features Scuttle: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 1269.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub Only, High Ceilings, Walk-In Closet(s)
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Convection Oven: Yes

Exterior Features

  • Acres: 0.1
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: Per Survey
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1152.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Nov 23, 2022
Sold by
C B Pugh Enterprises Llc
Bought by
Postlethwait Ellen and Postlethwait Elizabeth
Seller's Agent
Eddie Wilson
RIG REAL ESTATE LLC
Buyer's Agent
Ellen Postlethwait
RIG REAL ESTATE LLC
List Price
$260,000
Sold Price
$309,000
Premium/Discount to List
$49,000
18.85%
Total Days on Market
4
Views
6
Current Estimated Value
$478,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,176
Avg. Annual Appreciation
19.34%
Original Mortgage
$293,550
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2021
Sold by
City Of Raleigh
Bought by
C B Pugh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 29, 1998
Sold by
Payne John Robert and Gardner Michael D
Bought by
City Of Raleigh
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
Postlethwait Ellen $309,000 --
C B Pugh Enterprises Llc -- None Available
City Of Raleigh $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Postlethwait Ellen $324,750
Closed Postlethwait Ellen $293,550
Previous Owner C B Pugh Enterprises Llc $187,500
Previous Owner C B Pugh Enterprises Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $309,000 -- --
12/25/2022 12/25/22 Price Changed $310,000 +0.3% $244 / Sq Ft
12/22/2022 12/22/22 Sold $309,000 +18.8% $243 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $260,000 -- $205 / 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 $4,219 $483,488 $225,000 $258,488
2023 $3,689 $336,595 $115,000 $221,595
2022 $1,328 $131,200 $115,000 $16,200
2021 $1,119 $115,000 $115,000 $0
2020 $0 $115,000 $115,000 $0
2019 $0 $25,000 $25,000 $0
2018 $0 $25,000 $25,000 $0
2017 $0 $25,000 $25,000 $0
2016 $0 $25,000 $25,000 $0
2015 -- $22,000 $22,000 $0
2014 -- $22,000 $22,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2432921

Doorify MLS

APN: 1714.18-40-1149-000