NOT LISTED FOR SALE

4541 Hargrove Rd Raleigh, NC 27604

Atlantic Neighborhood

Estimated Value: $678,634 - $727,000

-- Bed
3 Baths
3,136 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $612,000 $195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,233/month

5 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available

About This Home

As of February 2022

Investment Property in Prime Raleigh Location w/ POSITIVE CASH FLOW!!! Single story Quad with 2 BD/1BA in each of the units. Recently updated interiors bringing in over $4,000/month in income w/potential for more w/ 0% vacancy rate! Two leases end April 2022 & 3rd ends May 2022. Fourth unit is currently month to month. Tenants pay their own utilities. Many updates throughout!

Last Agent to Sell the Property

Jordan Hammond

Redfin Corporation License #331358 Listed on: 01/06/2022

Last Buyer's Agent

Will Draper

Real Broker, LLC License #309190

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1982

Lot Details

  • 0.42

Parking

  • 1 Parking Space

Home Design

  • Masonite

Schools

  • Lynn Road Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Carpet
  • Crawl Space

Community Details

  • Pepperdine Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential Income
  • Subdivision Name: Pepperdine
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Information:Parking Total: 1.0

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2926.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Lynn Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 18, 2022
Sold by
Joel Chery
Bought by
Friedrich Andrew
Seller's Agent
Jordan Hammond
Redfin Corporation
Buyer's Agent
Will Draper
Real Broker, LLC
List Price
$599,000
Sold Price
$612,000
Premium/Discount to List
$13,000
2.17%
Current Estimated Value
$702,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,159
Avg. Annual Appreciation
3.93%
Original Mortgage
$574,887
Outstanding Balance
$537,870
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$162,295

Purchase Details

Closed on
Aug 26, 2020
Sold by
Hardman Devin and Hardman Mauricio Brandi
Bought by
Chery Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2017
Sold by
Owens Tyler B and Owens Brenda A
Bought by
Hardman Devin and Mauricio Brandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Neese John B and Neese Jean W
Bought by
Owens Tyler B and Owens Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
6.85%

Purchase Details

Closed on
Nov 29, 1999
Sold by
Judy Christopher P
Bought by
Neese John B and Neese Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Friedrich Andrew $612,000 None Listed On Document
Chery Joel $433,000 None Available
Hardman Devin $286,000 None Available
Owens Tyler B $239,000 --
Neese John B $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedrich Andrew $574,887
Previous Owner Chery Joel $324,750
Previous Owner Hardman Devin $215,500
Previous Owner Owens Tyler B $183,000
Previous Owner Owens Tyler B $179,250
Previous Owner Neese John B $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $612,000 -- --
02/18/2022 02/18/22 Sold $612,000 +2.2% $195 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $599,000 -- $191 / 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 $4,882 $552,863 $150,000 $402,863
2023 $3,269 $292,579 $60,000 $232,579
2022 $3,042 $292,579 $60,000 $232,579
2021 $2,927 $292,579 $60,000 $232,579
2020 $2,875 $292,579 $60,000 $232,579
2019 $2,814 $235,935 $56,000 $179,935
2018 $2,658 $235,935 $56,000 $179,935
2017 $2,534 $235,935 $56,000 $179,935
2016 $2,484 $235,935 $56,000 $179,935
2015 $2,569 $240,320 $56,000 $184,320
2014 $2,439 $240,320 $56,000 $184,320
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jordan Hammond

    Redfin Corporation

  • W

    Buyer's Agent in 2022

    Will Draper

    Real Broker, LLC

    Section Image

  • W

    Buyer's Agent in 2022

    Will Draper IV

    Better Homes & Gardens Real Es

See All Agents

Map

Source: Doorify MLS

MLS Number: 2425516

Doorify MLS

APN: 1726.13-12-1724-000

North Carolina Wake County Raleigh 27604 Atlantic

4541 Hargrove Rd, Raleigh, NC

This home is located at 4541 Hargrove Rd, Raleigh, NC 27604 since 06 January 2022 and is currently estimated at $702,159, approximately $223 per square foot. This property was built in 1982. 4541 Hargrove Rd is a home located in Wake County with nearby schools including Lynn Road Elementary School, Carroll Middle, and Sanderson 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.

Nearby Homes