NOT LISTED FOR SALE

407 Oak Run Dr Raleigh, NC 27606

Cary Towne Center Neighborhood

Estimated Value: $254,495 - $267,000

2 Beds
2.5 Baths
1,250 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $270,000 $216 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,731/month

13 Days on Market

Highlights

  • Two Primary Bedrooms
  • Deck
  • End Unit
  • Reedy Creek Magnet Middle School Rated A
  • Traditional Architecture
  • Patio

About This Home

As of July 2022

END unit townhome with unfinished walk-out BASEMENT in popular Oak Run. Each bedroom has its own bath and walk in closet. Dining room w/bay alcove. Family room w/gas fireplace & fan. Kitchen with a lot of cabinets & counterspace. New deck off living room. Walk-out Basement is plumbed for a bath and just waiting to be finished! Wonderful quiet townhome community convenient to NC State, Cary and downtown Raleigh.

Last Agent to Sell the Property

Michele Leahy

Coldwell Banker HPW License #211761 Listed on: 06/01/2022

Coldwell Banker HPW

Last Buyer's Agent

Daniel Ngandu

Fathom Realty NC, LLC License #256206

Fathom Realty NC, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1987

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a private road
  • End Unit
  • Landscaped

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,250 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Reedy Creek Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, maintenance structure, road maintenance
  • Cas Association
  • Oak Run Townhomes Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,377

Year Built

Built in 1987

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance
  • Subdivision Name: Oak Run Townhomes
  • Above Grade Finished Sq Ft: 1250.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Below Grade Unfinished Area: 619.0
  • General Property Information Total Unfinished Area2: 619.0
  • General Property Information Lot Size Dimensions: See survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Flooring Laminate: Yes
  • Common Walls End Unit: Yes
  • Levels MultiSplit: Yes
  • Interior Features Second Primary Bedroom: Yes
  • General Property Information Above Grade Finished Area: 1250.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • General Property Information:Living Area3: 1250.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Living/Dining Room Combination, Second Primary Bedroom, Shower Only, Walk-In Shower
  • Basement: Daylight, Exterior Entry, Full, Unfinished
  • Appliances: Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Common Walls: End Unit
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Patio
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 185.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1377.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Reedy Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Muruga Lucy W and Gachie Jahmari R
Bought by
Wambura Muruga Lucy
Current Estimated Value
$259,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$48,653
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$210,721

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 22, 2022
Sold by
Satko Mary S
Bought by
Muruga Lucy W and Gachie Jahmari R
Seller's Agent
Michele Leahy
Coldwell Banker HPW
Buyer's Agent
Daniel Ngandu
Fathom Realty NC, LLC
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.14%
Original Mortgage
$225,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2019
Sold by
Poole Kenneth M and Poole Barbara Diane
Bought by
Safko Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,877
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1995
Bought by
Poole Kenneth M and Poole Dorothy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wambura Muruga Lucy -- None Listed On Document
Muruga Lucy Wambura -- None Listed On Document
Muruga Lucy W $270,000 None Listed On Document
Safko Mary S $85,000 None Available
Safko Mary S $85,000 None Listed On Document
Poole Kenneth M $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muruga Lucy Wambura $50,000
Closed Muruga Lucy Wambura $50,000
Previous Owner Muruga Lucy W $225,000
Previous Owner Safko Mary S $78,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $270,000 -- --
07/22/2022 07/22/22 Sold $270,000 -5.3% $216 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $285,000 +5.6% $228 / Sq Ft
06/01/2022 06/01/22 Off Market $270,000 -- --
06/01/2022 06/01/22 For Sale $285,000 -- $228 / 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
2025 $2,285 $259,772 $55,000 $204,772
2024 $2,276 $259,772 $55,000 $204,772
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michele Leahy

    Coldwell Banker HPW

    (919) 454-5961

    1 in this area

    17 Total Sales

    Michele Leahy
    Section Image

  • D

    Buyer's Agent in 2022

    Daniel Ngandu

    Fathom Realty NC, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2452770

Doorify MLS

APN: 0773.08-99-0003-000

North Carolina Wake County Raleigh 27606 Cary Towne Center

407 Oak Run Dr, Raleigh, NC

Not Listed for Sale

Townhouses

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