NOT LISTED FOR SALE

3606 Atlantic Ave Raleigh, NC 27604

Atlantic Neighborhood

Estimated Value: $358,335 - $476,000

-- Bed
2 Baths
2,186 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $417,000 $191 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,421/month

3 Days on Market

About This Home

As of April 2022

Offer accepted. Waiting for DD fee delivery. Duplex for sale in Raleigh area great for investors. 1st unit is vacant. 2nd unit with tenant. Lease ends 04/30/2022. Sunroom for unit 2 not included in sqft. Vacant unit is ready to show but the occuppied unit needs advance notice. Sold as is.

Last Agent to Sell the Property

Jenny Nguyen

Quality First Realty, LLC License #272208 Listed on: 03/05/2022

Last Buyer's Agent

Kevin Mehta

United Real Estate Triangle License #316811

United Real Estate Triangle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1967

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Flooring

  • Wood
  • Tile

Schools

  • Brentwood Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Brentwood Estates Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,574

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential Income
  • Subdivision Name: Brentwood Estates
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation Details: Slab

Garage/Parking

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

Utilities

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

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1574.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Brentwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 1, 2022
Sold by
Nguyen Phuoc D and Nguyen Lam T
Bought by
Kannan Narasimhan and Vasudevan Gayatri
Seller's Agent
Jenny Nguyen
Quality First Realty, LLC
Buyer's Agent
Kevin Mehta
United Real Estate Triangle
List Price
$399,000
Sold Price
$417,000
Premium/Discount to List
$18,000
4.51%
Current Estimated Value
$407,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,666
Avg. Annual Appreciation
-0.01%
Original Mortgage
$300,000
Outstanding Balance
$285,230
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$131,685

Purchase Details

Closed on
Sep 28, 2017
Sold by
Edwards Kenneth Franklin
Bought by
Edward Kenneth F

Purchase Details

Closed on
Mar 30, 2009
Sold by
Ochoa Eiblys and Ochoa Edna
Bought by
Nguyen Phuoc D and Nguyen Lam T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2001
Sold by
Boyle Tanya and Boyle Edward F
Bought by
Ladner Mark Joseph

Purchase Details

Closed on
Aug 31, 2000
Sold by
Ladner Mark Joseph
Bought by
Ladner Mark Joseph and Ladner Tanya Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,931
Interest Rate
8.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kannan Narasimhan $417,000 None Listed On Document
Edward Kenneth F -- None Available
Nguyen Phuoc D $133,000 None Available
Ladner Mark Joseph -- Chicago Title Insurance Co
Ladner Mark Joseph -- --
Ladner Mark Joseph $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannan Narasimhan $300,000
Previous Owner Nguyen Phuoc D $68,000
Previous Owner Ladner Mark Joseph $134,931
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $417,000 -- --
04/01/2022 04/01/22 Sold $417,000 +4.5% $191 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $399,000 -- $183 / 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 $2,613 $296,260 $145,000 $151,260
2023 $1,759 $157,683 $50,000 $107,683
2022 $1,637 $157,683 $50,000 $107,683
2021 $1,574 $157,683 $50,000 $107,683
2020 $1,546 $157,683 $50,000 $107,683
2019 $1,648 $138,773 $46,000 $92,773
2018 $1,556 $138,773 $46,000 $92,773
2017 $1,484 $138,773 $46,000 $92,773
2016 $1,454 $138,773 $46,000 $92,773
2015 $1,502 $141,226 $41,600 $99,626
2014 $1,427 $141,226 $41,600 $99,626
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jenny Nguyen

    Quality First Realty, LLC

    (919) 526-0898

    2 in this area

    40 Total Sales

    Jenny Nguyen
    Section Image

  • K

    Buyer's Agent in 2022

    Kevin Mehta

    United Real Estate Triangle

    (252) 481-3081

    1 in this area

    9 Total Sales

    Kevin Mehta
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2434607

Doorify MLS

APN: 1715.08-77-8977-000

North Carolina Wake County Raleigh 27604 Atlantic

3606 Atlantic Ave, Raleigh, NC

This home is located at 3606 Atlantic Ave, Raleigh, NC 27604 since 05 March 2022 and is currently estimated at $407,334, approximately $186 per square foot. This property was built in 1967. 3606 Atlantic Ave is a home located in Wake County with nearby schools including Centennial Campus Magnet Middle School, Southeast Raleigh Magnet High School, and Friendship Christian School.

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