NOT LISTED FOR SALE

402 W 5th Ave Unit 402, 404, 406, 408 Raeford, NC 28376

Estimated Value: $349,000 - $386,000

8 Beds
4 Baths
-- Sq Ft
1950 Built

Last Sold May 04, 2022

Last sale price $239,856

Est. 55% increase in value since last sale

Current estimated payment $2,108/month

266 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Ceiling Fan
  • Covered Patio or Porch
  • Outdoor Storage
  • 5-minute walk to Burlington Park

About This Home

As of May 2022

GREAT INVESTMENT OPPORTUNITY IN DOWNTOWN RAEFORD! 402, 404, 406, & 408 W. FIFTH AVENUE! EACH UNIT OF QUADRUPLEX IS 2 BEDROOMS/1 BATHROOM. EACH UNIT IS OCCUPIED - 3/4 RENTERS ARE LONGTERM! PROPERTY FEATURES FRONT & REAR PARKING FOR OCCUPANTS. NEWLY REMODLED UNIT BRINGS IN MONTHLY RENT OF $575 A MONTH. OLDER UNITS BRING IN MONTHLY RENT OF $475. DO NOT DISTURB TENANTS. PORPERTY TO BE SOLD AS-IS, WHERE IS. SELLER WILL MAKE NO REPAIRS OR IMPROVEMENTS.

Last Agent to Sell the Property

Jessica Scoggins

CONNELL REAL ESTATE License #288831 Listed on: 06/10/2021

Co-Listed By

TAMMY PANDURE

CONNELL REAL ESTATE License #269536

Last Buyer's Agent

Rebecca Smith

NON MEMBER COMPANY License #none

NON MEMBER COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1950

Home Design

  • Quadruplex
  • Asbestos

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • J.W. Mclauchlin Elementary School
  • West Hoke Middle School
  • Hoke County High School

Utilities

  • Cooling Available

Community Details

  • 4 Units
  • Raeford Downtown Subdivision

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 694340501018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi Family
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2180
  • Co List Office Phone: 910-875-8305
  • Ownership: More than a year
  • Subdivision Name: RAEFORD DOWNTOWN
  • Directions: 401 BYPASS TOWARDS RAEFORD. LEFT ONTO MAIN STREET. RIGHT ONTO W. FIFTH. PROPERTY ON RIGHT.
  • Structure Type: Apartment
  • Year Built: 1950
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Window Features: Blinds

Exterior Features

  • Construction Type: Asbestos
  • Exterior Features: Storage
  • Patio And Porch Features: Covered, Porch

Utilities

  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: J.W. Mclauchlin School
  • High School: Hoke County High School
  • Middle Or Junior School: West Hoke Middle School

Lot Info

  • Parcel #: 694340501018

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Bodoh Madeline and Bodoh Christopher M
Bought by
Harris Ronald
Current Estimated Value
$370,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,081
Outstanding Balance
$372,852
Interest Rate
6.91%
Mortgage Type
FHA
Estimated Equity
-$2,062

Purchase Details

Listed on
Jun 10, 2021
Closed on
Apr 29, 2022
Sold by
Daigle Emery and Daigle Jody
Bought by
Bodoh Madeline and Bodoh Christopher M
Seller's Agent
Jessica Scoggins
CONNELL REAL ESTATE
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$250,000
Sold Price
$239,856
Premium/Discount to List
-$10,144
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$179,892
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2021
Sold by
Daigle Jody Jaye
Bought by
Daigle Emery

Purchase Details

Closed on
Oct 25, 2007
Sold by
Rogers William R and Rogers Cue H
Bought by
Daigle Jody Jaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Harris Ronald $382,000 None Listed On Document
Harris Ronald $382,000 None Listed On Document
Bodoh Madeline $240,000 Pela Cynthia
Daigle Emery -- None Available
Daigle Jody Jaye $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Ronald $375,081
Closed Harris Ronald $375,081
Previous Owner Bodoh Madeline $179,892
Previous Owner Daigle Jody Jaye $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Sold $239,856 -4.1% --
03/04/2022 03/04/22 Pending -- -- --
06/10/2021 06/10/21 For Sale $250,000 -- --
Source: Longleaf Pine REALTORS®

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 $1,604 $219,690 $32,190 $187,500
2023 $1,604 $219,690 $32,190 $187,500
2022 $1,572 $219,690 $32,190 $187,500
2021 $1,162 $158,140 $23,870 $134,270
2020 $1,186 $158,140 $23,870 $134,270
2019 $1,186 $158,140 $23,870 $134,270
2018 $1,186 $158,140 $23,870 $134,270
2017 $1,186 $158,140 $23,870 $134,270
2016 $1,162 $158,140 $23,870 $134,270
2015 $1,162 $158,140 $23,870 $134,270
2014 $1,154 $158,140 $23,870 $134,270
2013 -- $119,200 $18,320 $100,880
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jessica Scoggins

    CONNELL REAL ESTATE

    (910) 691-5217

    29 Total Sales

    Jessica Scoggins
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    TAMMY PANDURE

    CONNELL REAL ESTATE

    (910) 904-3742

    105 Total Sales

    TAMMY PANDURE
    Section Image
  • Rebecca Smith

    Buyer's Agent in 2022

    Rebecca Smith

    NON MEMBER COMPANY

    (510) 527-9111

    4,292 Total Sales

    Rebecca Smith
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 659291

Longleaf Pine REALTORS®

APN: 694340501018

North Carolina Hoke County Raeford 28376

402 W 5th Ave Unit 402, 404, 406, 408, Raeford, NC

This home is located at 402 W 5th Ave Unit 402, 404, 406, 408, Raeford, NC 28376 since 10 June 2021 and is currently estimated at $370,790. This property was built in 1950. 402 W 5th Ave Unit 402, 404, 406, 408 is a home located in Hoke County with nearby schools including J.W. McLauchlin Elementary School, West Hoke Middle, and Hoke County High.

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