Seller's Agent in 2025
Ben Davis
DAVIS REALTY AND DEVELOPMENT C
(919) 356-6881
22 Total Sales
360 Wilmot Dr Raleigh, NC 27606
5
Beds
2.5
Baths
2,016
Sq Ft
0.47
Acres
Highlights
- Open Floorplan
- Deck
- No HOA
- Farmington Woods Elementary Rated A
- Wood Flooring
- Neighborhood Views
About This Home
As of February 2025Fantastic investment opportunity in highly sought after Fairview Acres in close proximity to NC State. Cash flowing, stabilized property with leases in place through 6/30/2026. Single lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $4,000/month. 7/1/25 - 6/30/26 Lease at $4,450/month. Gorgeous open floorplan with finishes that are rarely seen at this price point. Fully updated kitchen with Samsung appliances, new cabinets, granite countertops, eat-in kitchen bar with waterfall edge. New bathroom upgrades include double vanity cabinets, walk-in shower, tiled floor/shower, and anti-fog backlit mirrors. Additional improvements include New Roof, refinished hardwood floors, new driveway and privacy fencing.
Finished daylight basement, with separate entrance from main house, offers additional flex space and laundry room. Property is located on a spacious 0.47 acre lot within the Raleigh Frequent Transit area. Please refer to City of Raleigh UDO for guidelines, but potential to increase revenue by adding ADUs. Covered carport with Storage. Detached shed on property offers additional storage, but is not in habitable condition. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures, financials, and full list of upgrades.
Last Agent to Sell the Property
DAVIS REALTY AND DEVELOPMENT C License #283761 Listed on: 12/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,950
Year Built
- Built in 1956
Lot Details
- 0.47 Acre Lot
- Partially Fenced Property
- Property is zoned R-4
Home Design
- Brick Exterior Construction
- Brick Foundation
- Frame Construction
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Wood Frame Window
- Window Screens
- Storage
- Neighborhood Views
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
- Sump Pump
- Laundry in Basement
- Crawl Space
- Natural lighting in basement
Home Security
- Smart Locks
- Smart Thermostat
Parking
- 3 Car Attached Garage
- 1 Carport Space
- Private Driveway
- 2 Open Parking Spaces
Outdoor Features
- Deck
- Patio
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
- Rain Gutters
- Front Porch
Schools
- Farmington Woods Elementary School
- Martin Middle School
- Athens Dr High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Community Details
- No Home Owners Association
- Fairview Acres Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas, pest control, sewer, trash collection, water
- The owner pays for grounds care, insurance, taxes
- Assessor Parcel Number 0783075703
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2024
Closed on
Feb 5, 2025
Sold by
Barrow Davis H
Bought by
Curtis Rebecca and Curtis William
Seller's Agent
Ben Davis
DAVIS REALTY AND DEVELOPMENT C
Buyer's Agent
Eric Alexander
Choice Residential Real Estate
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,981
Avg. Annual Appreciation
-3.77%
Original Mortgage
$393,750
Outstanding Balance
$391,383
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$121,636
Purchase Details
Listed on
Jul 27, 2023
Closed on
Oct 20, 2023
Sold by
Alford Robert Fagan and Alford Leslie Michele
Bought by
Barrow Davis H
Seller's Agent
Chuck Hinton
RE/MAX United
Buyer's Agent
Jonathan Copas
Better Homes & Gardens Real Es
List Price
$299,000
Sold Price
$321,500
Premium/Discount to List
$22,500
7.53%
Views
85
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.69%
Original Mortgage
$321,500
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2007
Sold by
Alford Janet M
Bought by
Alford Robert F
Purchase Details
Closed on
Jun 15, 1987
Bought by
Alford Robert F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | None Listed On Document | |
| Warranty Deed | $321,500 | None Listed On Document | |
| Warranty Deed | $321,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $393,750 | New Conventional | |
| Previous Owner | $321,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $525,000 | -1.9% | $260 / Sq Ft |
| 01/07/2025 01/07/25 | Pending | -- | -- | -- |
| 12/26/2024 12/26/24 | For Sale | $535,000 | +66.4% | $265 / Sq Ft |
| 11/02/2023 11/02/23 | Sold | $321,500 | +7.5% | $161 / Sq Ft |
| 07/30/2023 07/30/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | For Sale | $299,000 | -- | $149 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,962 | $442,509 | $150,000 | $292,509 |
| 2024 | $2,950 | $337,333 | $150,000 | $187,333 |
| 2023 | $2,628 | $239,270 | $90,000 | $149,270 |
| 2022 | $2,443 | $239,270 | $90,000 | $149,270 |
| 2021 | $2,348 | $239,270 | $90,000 | $149,270 |
| 2020 | $2,306 | $239,270 | $90,000 | $149,270 |
| 2019 | $2,138 | $182,741 | $75,000 | $107,741 |
| 2018 | $2,017 | $182,741 | $75,000 | $107,741 |
| 2017 | $1,921 | $182,741 | $75,000 | $107,741 |
| 2016 | $0 | $182,741 | $75,000 | $107,741 |
| 2015 | -- | $171,097 | $75,000 | $96,097 |
| 2014 | -- | $171,097 | $75,000 | $96,097 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Davis
-
Elizabeth Jordan
E
Seller Co-Listing Agent in 2025
Elizabeth Jordan
DAVIS REALTY AND DEVELOPMENT C
(919) 308-2337
11 Total Sales
-
Eric Alexander
Buyer's Agent in 2025
Eric Alexander
Choice Residential Real Estate
(919) 272-8004
62 Total Sales
-
Chuck Hinton
C
Seller's Agent in 2023
Chuck Hinton
RE/MAX United
(919) 469-4700
105 Total Sales
-
Cindy Leonard
Seller Co-Listing Agent in 2023
Cindy Leonard
RE/MAX United
(919) 868-4661
121 Total Sales
-
Jonathan Copas
J
Buyer's Agent in 2023
Jonathan Copas
Better Homes & Gardens Real Es
(919) 810-4948
19 Total Sales
Map
Source: Doorify MLS
MLS Number: 10068320
APN: 0783.05-07-5703-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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