37 Red Ln Raleigh, NC 27606
Estimated Value: $271,000 - $291,917
3
Beds
3.5
Baths
1,280
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Carpet
- Farmington Woods Elementary Rated A
About This Home
As of March 20223 bed townhouse each bedroom has own bath and wic, great investment property. Currently 2 rooms leased through July 31st, 3rd room vacating Feb. 28th but released for May 1st. Great location close to NC State, minutes from downtown Cary and Raleigh! Restaurants and shopping just minutes away. Current rents are $1375 including water and electricity with usage caps.
Last Agent to Sell the Property
Abare Real Estate & Property M License #191661 Listed on: 02/17/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,583
Year Built
- Built in 2002
Lot Details
- Lot Dimensions are 16x44x16x44
HOA Fees
- $145 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Lot
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,280 Sq Ft Home
- 3-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Association fees include ground maintenance, maintenance structure, trash
- Red Wolf Crossing Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2022
Closed on
Mar 16, 2022
Sold by
Theis Daryl J and Theis Caroline Nena
Bought by
Farrand Joel P and Farrand Hilda C
Seller's Agent
Kristi Woerner
Abare Real Estate & Property M
Buyer's Agent
Melissa Simpson
Dickerson Brady Realty, Inc.
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Total Days on Market
5
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
$21,729
Avg. Annual Appreciation
3.47%
Original Mortgage
$234,000
Outstanding Balance
$221,582
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$68,422
Purchase Details
Closed on
Nov 28, 2012
Sold by
Jackson Jamal and Jackson Jamaal
Bought by
Thies Daryl J and Thies Nena Caroline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2003
Sold by
Redwolf Partners Llc
Bought by
Jackson Jamaal and Jackson Trifonee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,530
Interest Rate
5.79%
Similar Homes in Raleigh, NC
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farrand Joel P | $260,000 | None Listed On Document | |
| Thies Daryl J | $110,000 | None Available | |
| Jackson Jamaal | $117,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farrand Joel P | $234,000 | |
| Previous Owner | Thies Daryl J | $82,425 | |
| Previous Owner | Jackson Jamaal | $111,530 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $260,000 | -- | -- |
| 03/25/2022 03/25/22 | Sold | $260,000 | -1.9% | $203 / Sq Ft |
| 02/21/2022 02/21/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $265,000 | -- | $207 / 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 |
|---|---|---|---|---|
| 2024 | $2,346 | $267,811 | $55,000 | $212,811 |
| 2023 | $1,746 | $158,332 | $38,000 | $120,332 |
| 2022 | $1,623 | $158,332 | $38,000 | $120,332 |
| 2021 | $1,561 | $158,332 | $38,000 | $120,332 |
| 2020 | $1,532 | $158,332 | $38,000 | $120,332 |
| 2019 | $1,447 | $123,092 | $28,000 | $95,092 |
| 2018 | $1,365 | $123,092 | $28,000 | $95,092 |
| 2017 | $1,301 | $123,092 | $28,000 | $95,092 |
| 2016 | $1,274 | $123,092 | $28,000 | $95,092 |
| 2015 | $1,229 | $116,786 | $22,000 | $94,786 |
| 2014 | -- | $116,786 | $22,000 | $94,786 |
Source: Public Records
Agents Affiliated with this Home
-
Kristi Woerner
K
Seller's Agent in 2022
Kristi Woerner
Abare Real Estate & Property M
(919) 607-3713
31 Total Sales
-
Melissa Simpson
Buyer's Agent in 2022
Melissa Simpson
Dickerson Brady Realty, Inc.
(919) 612-4492
79 Total Sales
Map
Source: Doorify MLS
MLS Number: 2431767
APN: 0784.17-10-6697-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 2003 Oakdale Dr
- 2027 Oakdale Dr
- 2015 Oakdale Dr
- 4816 Blue Bird Ct Unit B
- 141 Jones Franklin Rd Unit G
- 141 Jones Franklin Rd Unit E
- 4822 Blue Bird Ct Unit B
- 304 Buck Jones Rd
- 6335 Cedar Waters Dr
- 407 Carolina Ave
- 398 Carolina Ave
- 317 Gary St
- 431 Oak Run Dr
- 5061 Lundy Dr Unit 101
- 808 Ravenwood Dr
- 5057 Lundy Dr Unit 101
- 5053 Lundy Dr Unit 101
- 5049 Lundy Dr Unit 101
- 5049 Lundy Dr Unit 102
- 857 Athens Dr Unit 102