NOT LISTED FOR SALE

407 S Boylan Ave Raleigh, NC 27603

Boylan Heights Neighborhood

Estimated Value: $838,000 - $983,000

-- Bed
3 Baths
2,242 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $905,000 $404 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,716/month

10 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Raleigh Union Station
  • Landscaped with Trees
  • Wiley Elementary Rated A-
  • Window Unit Cooling System
  • 4-minute walk to Lenoir Street Park

About This Home

As of June 2023

Incredible opportunity on the northern end of Historic Boylan Heights. Just shy of 100 years old, this classic retains tasteful additions from years past. A covered front porch offers a chance to slow down and pause. Shade trees abound, but wintertime views of the Downtown Skyline do exist. Main floor focuses on an open kitchen and light filled living room. Upstairs are two apartments, affording opportunity to rent or reimagine into a single residence. Walk to Dix Park and the Warehouse District!

Last Agent to Sell the Property

Ben Davis

DAVIS REALTY AND DEVELOPMENT C License #283761 Listed on: 04/20/2023

Last Buyer's Agent

Sarah Smelser

Berkshire Hathaway HomeService License #323993

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,108

Year Built

  • Built in 1922

Home Design

  • Brick Foundation
  • Wood Siding
  • Asbestos

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Parking

  • 1 Parking Space
  • Off-Street Parking

Schools

  • Wiley Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Crawl Space
  • Landscaped with Trees

Community Details

  • 3 Units
  • Boylan Heights Subdivision

Listing and Financial Details

  • Property held in a trust
  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,108

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Prop. Type: Residential Income
  • Subdivision Name: Boylan Heights
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Foundation Details BrickMortar: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 3.0
  • Special Listing Conditions Trust: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Basement: Crawl Space
  • Basement YN: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Asbestos, Wood Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Asbestos: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 1.0

Utilities

  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 5108.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Wake - Wiley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 5, 2023
Sold by
Jennifer Clifford Simpson Revocable Trus
Bought by
Hershey Heights Llc
Seller's Agent
Ben Davis
DAVIS REALTY AND DEVELOPMENT C
Buyer's Agent
Sarah Smelser
Berkshire Hathaway HomeService
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Views
91
Current Estimated Value
$930,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,345
Avg. Annual Appreciation
1.25%
Original Mortgage
$895,000
Outstanding Balance
$873,122
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$57,223

Purchase Details

Closed on
Jan 23, 2017
Sold by
Hancock Beath Fazekas and Hancock Todd
Bought by
Fazekas David Carl

Purchase Details

Closed on
Oct 18, 2007
Sold by
Rushing Beth F
Bought by
Fazekas David Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2007
Sold by
Rushing Shannon R
Bought by
Rushing Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2004
Sold by
Cowperthwaite Ann P and Parker Michael L
Bought by
Rushing Shannon R and Rushing Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Cowperthwaite Ann P and Parker Michael L
Bought by
Parker Michael L and Cowperthwaite Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.74%
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
Hershey Heights Llc $905,000 None Listed On Document
Fazekas David Carl $245,000 None Available
Fazekas David Carl -- None Available
Rushing Beth F -- None Available
Rushing Shannon R $299,000 --
Parker Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershey Heights Llc $895,000
Previous Owner Simpson Jennifer Clifford $300,000
Previous Owner Hancock Beth Fazekas $180,603
Previous Owner Rushing Beth F $130,000
Previous Owner Rushing Beth F $130,000
Previous Owner Rushing Shannon R $239,200
Previous Owner Cowperthwaite Ann P $192,500
Previous Owner Parker Michael L $192,000
Previous Owner Cowperthwaite Ann P $184,000
Previous Owner Cowperthwaite Ann P $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $651,000 -- --
06/07/2023 06/07/23 Sold $905,000 -4.7% $404 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $950,000 +45.9% $424 / Sq Ft
10/15/2021 10/15/21 Sold $651,000 +9.4% $263 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $595,000 -- $240 / 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 $7,871 $899,411 $460,000 $439,411
2023 $6,436 $584,918 $300,000 $284,918
2022 $5,108 $498,604 $300,000 $198,604
2021 $4,863 $493,578 $300,000 $193,578
2020 $4,775 $493,578 $300,000 $193,578
2019 $4,391 $373,699 $153,000 $220,699
2018 $4,143 $373,699 $153,000 $220,699
2017 $0 $373,699 $153,000 $220,699
2016 $3,867 $373,699 $153,000 $220,699
2015 $3,361 $318,769 $145,600 $173,169
2014 $3,190 $318,769 $145,600 $173,169
Source: Public Records

Agents Affiliated with this Home

  • Ben Davis

    Seller's Agent in 2023

    Ben Davis

    DAVIS REALTY AND DEVELOPMENT C

    (919) 356-6881

    2 in this area

    22 Total Sales

    Ben Davis
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Smelser

    Berkshire Hathaway HomeService

    (317) 209-6814

    1 in this area

    2 Total Sales

    Sarah Smelser
    Section Image

  • T

    Seller's Agent in 2021

    Todd Hancock

    Hodge & Kittrell Sotheby's Int

    (919) 270-9314

    2 in this area

    95 Total Sales

    Todd Hancock
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2506190

Doorify MLS

APN: 1703.10-37-6245-000

North Carolina Wake County Raleigh 27603 Boylan Heights

407 S Boylan Ave, Raleigh, NC

This home is located at 407 S Boylan Ave, Raleigh, NC 27603 since 20 April 2023 and is currently estimated at $930,345, approximately $414 per square foot. This property was built in 1922. 407 S Boylan Ave is a home located in Wake County with nearby schools including Wiley Elementary, Oberlin Middle School, and Broughton Magnet High 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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