NOT LISTED FOR SALE

3811 Marcom St Raleigh, NC 27606

Estimated Value: $466,000 - $760,971

-- Bed
3 Baths
3,328 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $690,000 $207 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,045/month

433 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Heating Available
  • A. B. Combs Magnet Elementary School Rated A

About This Home

As of January 2024

Come explore the possibilities for your next investment! The opportunities for this almost 1/2 acre lot are endless! Incredible potential to either explore re-zoning in this rapidly transforming NC State area, to rehab the existing Quadruplex (2 units are 2 bed/1 bath, 2 units are 1 bed/1 bath) into something truly unique and special or to develop the land under it's existing zoning. Have you been envisioning your next venture but haven't found the perfect spot? This Prime location near NC State, Lake Raleigh, Lake Johnson Park, shopping, the Farmers Market and stadiums cannot be beat! Paint the picture of what 3811 Marcom can be, and we can help you make your dream a reality!

Last Agent to Sell the Property

Lauren Fours

Coldwell Banker Advantage License #284374 Listed on: 10/07/2022

Coldwell Banker Advantage

Co-Listed By

Sharon Bishop

Coldwell Banker Advantage License #319790

Last Buyer's Agent

Rhonda Barham

Coldwell Banker Advantage License #68841

Coldwell Banker Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 1961

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Cement Siding

Flooring

  • Wood
  • Tile

Schools

  • Weatherstone Elementary School
  • Davis Drive Middle School
  • Athens Dr High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,448

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 77233
  • Co List Office Phone: 919-346-0406
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: see county records
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile

Exterior Features

  • Construction Type: Cement Siding
  • Foundation Details: Slab
  • Construction Materials:Cement Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Davis Drive

Lot Info

  • Zoning: R-10
  • Lot Dimensions: see county records

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2448.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Weatherstone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 10, 2024
Sold by
Brafford Linda Kay
Bought by
Marcom Street Project Llc
Seller's Agent
Lauren Fours
Coldwell Banker Advantage
Buyer's Agent
Rhonda Barham
Coldwell Banker Advantage
List Price
$1,000,000
Sold Price
$690,000
Premium/Discount to List
-$310,000
-31%
Views
1063
Current Estimated Value
$671,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,757
Avg. Annual Appreciation
-1.80%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Brafford Nellie F
Bought by
Murdock David H
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
Marcom Street Project Llc $690,000 None Listed On Document
Murdock David H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $690,000 -23.3% $207 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $900,000 -10.0% $270 / Sq Ft
10/07/2022 10/07/22 For Sale $1,000,000 -- $300 / 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 $4,053 $457,510 $360,000 $97,510
2023 $2,629 $233,898 $100,000 $133,898
2022 $2,448 $233,898 $100,000 $133,898
2021 $2,356 $233,898 $100,000 $133,898
2020 $2,314 $233,898 $100,000 $133,898
2019 $2,323 $193,511 $75,000 $118,511
2018 $2,194 $193,511 $75,000 $118,511
2017 $2,093 $193,511 $75,000 $118,511
2016 $2,051 $193,511 $75,000 $118,511
2015 $2,247 $209,251 $90,000 $119,251
2014 $2,134 $209,251 $90,000 $119,251
Source: Public Records

Agents Affiliated with this Home

  • Lauren Fours

    Seller's Agent in 2024

    Lauren Fours

    Coldwell Banker Advantage

    (919) 414-0950

    98 Total Sales

    Lauren Fours
    Section Image
  • Sharon Bishop

    Seller Co-Listing Agent in 2024

    Sharon Bishop

    Coldwell Banker Advantage

    (703) 599-4024

    30 Total Sales

    Sharon Bishop
    Section Image
  • Rhonda Barham

    Buyer's Agent in 2024

    Rhonda Barham

    Coldwell Banker Advantage

    (919) 413-8764

    29 Total Sales

    Rhonda Barham
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2478160

Doorify MLS

APN: 0793.05-28-3640-000

North Carolina Wake County Raleigh 27606

3811 Marcom St, Raleigh, NC

This home is located at 3811 Marcom St, Raleigh, NC 27606 since 07 October 2022 and is currently estimated at $671,243, approximately $201 per square foot. This property was built in 1961. 3811 Marcom St is a home located in Wake County with nearby schools including A. B. Combs Magnet Elementary School, Centennial Campus Magnet Middle School, and Atlas International School.

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.

Doorify MLS 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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