NOT LISTED FOR SALE

3708 Atlantic Ave Raleigh, NC 27604

Atlantic Neighborhood

Estimated Value: $390,935 - $483,000

4 Beds
4 Baths
2,240 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $380,526 $170 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,512/month

74 Days on Market

About This Home

As of May 2024

Great investment opportunity! Duplex in N. Raleigh minutes to shopping, restaurants, parks, hospitals and highways. Both units are rented until summer of 2024. Granite counter tops and tile backsplash in kitchen. Engineered hardwood floors throughout the home and tile in kitchen and bathroom! Easy access to 440 and 401/US1. Convenient to downtown Raleigh! Located in cul-des-sac, Each has, patio & storage unit.

Last Agent to Sell the Property

Janet Liu

Triangle Investment Realty License #218933 Listed on: 01/13/2024

Last Buyer's Agent

Rodrick Groce

New Village Real Estate License #345144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Lead Paint Disclosure

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Community Details

  • 2 Buildings
  • 2 Units
  • Brentwood Subdivision

Listing and Financial Details

  • 3 Month Lease Term
  • Assessor Parcel Number 1715789534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,883

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential Income
  • Subdivision Name: Brentwood
  • Above Grade Finished Sq Ft: 2240.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Above Grade Finished Area: 2240.0
  • General Property Information Carport YN: No
  • Disclosures Lead Based Paint: Yes
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Number Of Buildings2: 2.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Acres: 0.28
  • Disclosures: Lead Based Paint, Seller Disclosure

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Schools

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

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 1715789534

Rental Info

  • Lease Term: 3 To 6 Months

Tax Info

  • Tax Annual Amount: 1883.1
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Wake - Brentwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
May 28, 2024
Sold by
Wei Michael and Wong Tammy Suek-Wun
Bought by
Grace Rodrick and Bowers Brett
Seller's Agent
Janet Liu
Triangle Investment Realty
Buyer's Agent
Rodrick Groce
New Village Real Estate
List Price
$425,000
Sold Price
$380,526
Premium/Discount to List
-$44,474
-10.46%
Views
282
Current Estimated Value
$418,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,208
Avg. Annual Appreciation
8.02%
Original Mortgage
$361,500
Outstanding Balance
$358,585
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$60,149

Purchase Details

Closed on
Nov 13, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wei Michael

Purchase Details

Closed on
Oct 22, 2013
Sold by
Saunders Lindi and Jpmorgan Chase Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2006
Sold by
Rossi Family Llc
Bought by
Saunders Lindi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2005
Sold by
Rossi Eugene J and Rossi Eugene Joseph
Bought by
The Rossi Family Llc

Purchase Details

Closed on
Aug 13, 2002
Sold by
Turner Wellburd
Bought by
Ross Eugene Joseph
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
Grace Rodrick $381,000 None Listed On Document
Wei Michael -- None Available
Federal Home Loan Mortgage Corporation $151,775 None Available
Saunders Lindi $159,000 None Available
The Rossi Family Llc -- None Available
Ross Eugene Joseph $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grace Rodrick $361,500
Previous Owner Wei Michael $105,000
Previous Owner Saunders Lindi $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $380,526 -10.5% $170 / Sq Ft
01/13/2024 01/13/24 For Sale $425,000 -- $190 / 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 $2,756 $312,736 $145,000 $167,736
2023 $1,883 $169,100 $50,000 $119,100
2022 $1,752 $169,100 $50,000 $119,100
2021 $1,685 $169,100 $50,000 $119,100
2020 $1,655 $169,100 $50,000 $119,100
2019 $1,670 $140,649 $46,000 $94,649
2018 $1,577 $140,649 $46,000 $94,649
2017 $1,503 $140,649 $46,000 $94,649
2016 $1,473 $140,649 $46,000 $94,649
2015 $1,578 $148,557 $52,000 $96,557
2014 $1,499 $148,557 $52,000 $96,557
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Janet Liu

    Triangle Investment Realty

    (919) 852-0510

    1 in this area

    29 Total Sales

    Janet Liu
    Section Image

  • R

    Buyer's Agent in 2024

    Rodrick Groce

    New Village Real Estate

    (315) 955-5764

    1 in this area

    15 Total Sales

    Rodrick Groce
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10006121

Doorify MLS

APN: 1715.08-78-9534-000

North Carolina Wake County Raleigh 27604 Atlantic

3708 Atlantic Ave, Raleigh, NC

This home is located at 3708 Atlantic Ave, Raleigh, NC 27604 since 13 January 2024 and is currently estimated at $418,734, approximately $186 per square foot. This property was built in 1967. 3708 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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