NOT LISTED FOR SALE

408 E Lane St Raleigh, NC 27601

Oakwood Neighborhood

Estimated Value: $1,157,000 - $1,299,000

4 Beds
2.5 Baths
2,571 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,257,000 $489 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,389/month

16 Days on Market

Highlights

  • Home Theater
  • The property is located in a historic district
  • Deck
  • Conn Elementary Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of June 2023

This Mediterranean Revival century-old home sits elegantly at the corner of East and Lane. Confident and distinct thanks to her historic glass windows, slate tile roof, brick exterior, and manicured garden. A beautiful social porch off the living room, an enclosed porch off the kitchen, and a mudroom are a few of the beautiful, well-thought details of this abode. Refinished oak hardwood floors on the first floor, new carpet runner on the stairs, beautiful heart pine floors on the second level. Gather in the light-filled living room, then flow through the French doors to the dining room surrounded with breathtaking windows. This four bedroom, three-bathroom home also includes a large, finished attic, perfect for a movie room & additional flex sleeping/hobby space, with four in-ceiling speakers. Additionally, it has a large basement, and a garage wired for EV charging. One block from Side Street Restaurant, and minutes from the heart of Downtown. This home, with its amenities, natural light, and location are a hard-to-find combination, but now you have a chance to make it your home. Lots of showings and Interest!

Last Agent to Sell the Property

Cecilia Zuvic

Monarch Realty Co. License #292582 Listed on: 04/20/2023

Last Buyer's Agent

Jay Sutton

Keller Williams Realty License #248170

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 57x62x57x62
  • Fenced Yard
  • Brick Fence
  • Landscaped
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,571 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Screen For Fireplace
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Bonus Room
  • Storage
  • Utility Room
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only in Primary Bathroom

Attic

  • Permanent Attic Stairs
  • Finished Attic

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • The property is located in a historic district

Schools

  • Conn Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Historic Oakwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,006

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1923
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Historic Oakwood
  • Above Grade Finished Sq Ft: 2571.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 466.0
  • General Property Information Total Unfinished Area2: 466.0
  • General Property Information Lot Size Dimensions: 57x62x57x62
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Colonial: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Levels Three Or More: Yes
  • Community Features Historical Area: Yes
  • Fencing Brick3: Yes
  • Laundry Features In Basement: Yes
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 2571.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information Lot Size Acres: 0.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Eat-in Kitchen, Entrance Foyer, Granite Counters, Separate Shower, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s)
  • Basement: Partial
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace Screen, Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Finished2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Basement:Partial: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Brick
  • Acres: 0.08
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Enclosed, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Historical Area
  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 57x62x57x62
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6006.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2016
Sold by
Walton Stella L and Walton Thomas C
Bought by
Taylor Jonathan B and Taylor Abigail J
Current Estimated Value
$1,238,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$333,574
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$904,527

Purchase Details

Closed on
Jan 27, 2014
Sold by
Walton Stella L and Barnes Stella L
Bought by
Walton Stella L and Walton Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Lafreniere Lyman and Lafreniere Kimberly I
Bought by
Barnes Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,550
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Arnold Jeffrey Dale and Arnold Kelly
Bought by
Lafreniere Lyman and Deleon Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.95%
Source: Public Records

Range of Values:

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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
Taylor Jonathan B $599,000 None Available
Walton Stella L -- None Available
Barnes Stella $389,000 --
Lafreniere Lyman $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Jonathan B $417,000
Previous Owner Walton Stella L $400,000
Previous Owner Barnes Stella $369,550
Previous Owner Lafreniere Lyman $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,257,000 -- --
06/30/2023 06/30/23 Sold $1,257,000 0.0% $489 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,257,000 -- $489 / 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 $10,136 $1,159,904 $541,500 $618,404
2024 $10,094 $1,159,904 $541,500 $618,404
2023 $6,464 $591,215 $255,000 $336,215
2022 $6,006 $591,215 $255,000 $336,215
2021 $5,773 $591,215 $255,000 $336,215
2020 $5,667 $591,215 $255,000 $336,215
2019 $5,564 $478,393 $178,500 $299,893
2018 $5,247 $478,393 $178,500 $299,893
2017 $4,997 $478,393 $178,500 $299,893
2016 $4,894 $478,393 $178,500 $299,893
2015 $4,789 $460,526 $193,500 $267,026
2014 $4,541 $460,526 $193,500 $267,026
Source: Public Records

Agents Affiliated with this Home

  • Cecilia Zuvic

    Seller's Agent in 2023

    Cecilia Zuvic

    Monarch Realty Co.

    (919) 210-5571

    2 in this area

    71 Total Sales

    Cecilia Zuvic
    Section Image
  • Jay Sutton

    Buyer's Agent in 2023

    Jay Sutton

    Keller Williams Realty

    (919) 368-4012

    1 in this area

    52 Total Sales

    Jay Sutton
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2506298

Doorify MLS

APN: 1704.20-90-0258-000

North Carolina Wake County Raleigh 27601 Oakwood

408 E Lane St, Raleigh, NC

This home is located at 408 E Lane St, Raleigh, NC 27601 since 20 April 2023 and is currently estimated at $1,238,101, approximately $481 per square foot. This property was built in 1923. 408 E Lane St is a home located in Wake County with nearby schools including Conn Elementary, Oberlin Middle School, and Broughton Magnet High School.

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