NOT LISTED FOR SALE

325 Switch St Raleigh, NC 27606

Estimated Value: $289,000 - $392,000

3 Beds
2.5 Baths
1,309 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $365,000 $279 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,142/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Double Vanity
  • Reedy Creek Magnet Middle School Rated A
  • Bathtub
  • Cooling System Powered By Gas

About This Home

As of June 2023

THIS IS A RARITY FOR SURE!!! Finished in 2021 and NEVER lived in. Sellers purchased for a family member who never moved in. So even though not officially new construction, it is VIRTUALLY new construction. All appliances convey and they still have factory labels on them- never used. Lots of upgrades to this unit as well, LVT flooring, granite kitchen, upgraded carpet padding, upgraded cabinets and hardware, backsplash tile, plumbing fixtures, light fixtures, paint, dishwasher, and glass shower enclosure in master bath. this townhouse has one of the most private lots in the development. The back yard backs to the playground area of the church, and on the other side of that is a small pond that you can see easily from the master bedroom and kitchen windows. This side of the development is also quieter as it is further from Hillsborough St. A very convenient location to all things Raleigh and Cary.

Last Agent to Sell the Property

Kevin McGraw

McGraw Properties License #232704 Listed on: 03/18/2023

Last Buyer's Agent

Hannah Chan

Cary-Raleigh Realty, Inc. License #250556

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 2021

Lot Details

  • 1,307

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,309 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Bathtub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Reedy Creek Elementary And Middle School
  • Athens Dr High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Rain Gutters
  • 1,307 Sq Ft Lot

Community Details

Overview

  • Association fees include maintenance structure, trash
  • Inona Place Subdivision

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,967

Year Built

Built in 2021

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure, Trash
  • Subdivision Name: Inona Place
  • Above Grade Finished Sq Ft: 1309.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 1309.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub Only, Double Vanity, Granite Counters, Shower Only, Smooth Ceilings, Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.03
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association Fee: 110.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1967.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Reedy Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Jun 27, 2023
Sold by
Acre Home Ownership Holdings Llc
Bought by
Xu Kenneth M
Seller's Agent
Kevin McGraw
McGraw Properties
Buyer's Agent
Hannah Chan
Cary-Raleigh Realty, Inc.
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%
Views
199
Current Estimated Value
$341,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,084
Avg. Annual Appreciation
-2.67%
Original Mortgage
$292,000
Outstanding Balance
$284,446
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$57,470

Purchase Details

Listed on
Mar 18, 2023
Closed on
Jun 2, 2023
Sold by
Ruiz John Edward and Ruiz Ingrid Swanson
Bought by
Aere Homes Ownership Holdings Llc
Seller's Agent
Kevin McGraw
McGraw Properties
Buyer's Agent
Hannah Chan
Cary-Raleigh Realty, Inc.
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$284,446
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$57,470

Purchase Details

Closed on
Aug 5, 2021
Sold by
Glenwood Homes Llc
Bought by
Ruiz John E and Ruiz Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Xu Kenneth M $365,000 Tryon Title
Aere Homes Ownership Holdings Llc $365,000 None Listed On Document
Ruiz John E $226,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Kenneth M $292,000
Previous Owner Ruiz John E $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $365,000 -- --
06/02/2023 06/02/23 Sold $365,000 0.0% $279 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 Off Market $365,000 -- --
03/17/2023 03/17/23 For Sale $380,000 -- $290 / 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
2025 $2,853 $324,795 $85,000 $239,795
2024 $2,841 $324,795 $85,000 $239,795
2023 $2,116 $192,253 $30,000 $162,253
2022 $1,967 $192,253 $30,000 $162,253
2021 $292 $30,000 $30,000 $0
2020 $287 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2500128

Doorify MLS

APN: 0774.20-70-6620-000